Reunion Gold Corporation Announces its Financial Results for the 1st Quarter Ended June 30, 2007

Reunion Gold Corporation (TSX VENTURE:RGD) (the "Company") announces that its
Consolidated Financial Statements and Management's Discussion & Analysis for the
1st quarter ended June 30, 2007 have been filed on SEDAR (www.sedar.com). They
are also available through Marketwire's website at
http://www.ccnmatthews.com/docs/rgd0829.pdf and on the Company's website at
www.reuniongold.com.


At August 27, 2007, the Company had cash and short-term investments of $1.1
million, including $0.1 million invested in Canadian Asset-Backed Commercial
Paper and the remainder held in cash. The Company has 40,856,816 common shares
issued and outstanding, 17,552,415 warrants outstanding at an exercise price of
$1.25 per share, expiring at various dates from December 2008 to January 2009
and 3,570,000 outstanding stock options at an exercise price varying between
$0.20 and $2.15 and expiring by March 2012.


The Company is continuing its exploration for gold on the Antino project located
in Suriname. The exploration program, which began in June 2006 is focused on
various targets, including Maripasula Creek, Upper Antino, T1a and Guanaman and
includes mapping, geochemistry, trenching, reverse circulation ("RC") and
diamond drilling. There are currently one RC rig and two diamond drills working
on the project.


The Company will require additional funds shortly to continue its exploration
program on the Antino 1 Project and to assess additional exploration properties.
The Company is currently evaluating the various financing options that are
available to pursue its programs. However, there can be no assurance that the
Company will be successful in securing such financing and in the event that the
Company is unable to obtain such financing, it may need to reduce its
exploration activities on the Antino project.


The Company is focused on acquiring and exploring projects in the Guiana Shield
in South America and is actively looking for new opportunities. Additional
information about the Company is available through regular filings and press
releases on SEDAR and on the Company's website.


Forward-looking Statements

This news release contains "forward looking statements" including, but not
limited to, statements concerning future financial or operating performance of
the Company and its project, requirements for additional capital and acquisition
of new projects. Forward-looking statements are not historical facts and are
subject to a number of known and unknown risks and uncertainties beyond the
Company's control. These statements may cause the actual results, levels of
activity, performance or achievement of the Company to be materially different
from any future results, levels of activity, performance or achievement
expressed or implied by these forward looking statements. There can be no
assurance that such statements will prove to be accurate.