Ryan Gold Announces Final 2012 Exploration Results and 2013 Exploration Plans

Ryan Gold Corp. (TSX VENTURE:RYG), "Ryan Gold" or the "Company") is pleased to
announce final 2012 exploration results from a number of project areas in the
Yukon Territory and its plans for the 2013 exploration season.


2013 Exploration Program and Business Strategy

Over the past two field seasons the Company has spent approximately $25 million
in exploring its Yukon properties. This included drilling 10,379 metres at Ida
Oro and 2,307 metres at Flume, and taking approximately 140,000 ridge & spur and
follow-up grid geochemical samples on its over 400,000 hectare package. Current
market conditions for small market capitalization exploration and development
companies have led management and the board of the Company to make the decision
to conduct a reduced (approximately $0.6 million) exploration program in the
Yukon in 2013. This program will be focused largely on getting a better
understanding of the system of mineralization at Ida Oro. The Company will also
conduct mapping and prospecting programs on the Mahtin project in the Mayo
region and on the Pluto and Arm projects in the Kluane region. 


At December 31, 2012 the Company had approximately $21.7 million in working
capital. The Company also holds a 10% non-diluting interest in Carlisle
Goldfields Limited's Farley Lake Project and a 10% participating interest in
Castillian Resources Corp.'s Hope Brook Project (see press release from February
6, 2013). In 2013, the Company plans to evaluate advanced stage projects and
other investment opportunities that the current resource market for junior
companies presents.


Final 2012 Exploration Results

The results of the Company's 2012 exploration program were encouraging on a
number of fronts. Drill results from the 2012 program at Ida Oro that confirmed
a large mineralized system were released October 31, 2012. This update provides
results from some of the Company's other Yukon properties.


Mahtin

The Mahtin Project in the Mayo Mining District showed significant promise. In
the summer of 2011, a ridge and spur sampling program identified anomalous
gold-in-soil values greater than 100 ppb gold up to a maximum of 1,344 ppb gold,
the upper 1.6% of the gold-in-soil values, over the claim blocks. A grid soil
geochemical sampling program revealed a strong gold-in-soil anomaly that is
approximately 2 km long and trends east-west in the northern portion of the
claim block. A helicopter borne magnetic and radiometric survey was completed
during July/August 2011. From the interpretation of results numerous targets
were identified for follow-up work.


The 2012 program involved geological mapping of the grids on the Mahtin Project
and complete ridge and spur sampling on the Alp, Forty, May and Qu claim blocks.
Spot anomalies identified from ridge and spur sampling and geophysical targeting
were ground truthed and mapped. The exploration program in this area began in
June and was completed at the end of July. A total of 10,403 soil samples and
694 grab samples were taken in 2012. 


2012 mapping confirmed the presence of a large intrusion that has intruded into
calcareous sedimentary units and subsequently formed skarns in the metamorphic
aureole. These skarns were found to be mineralised, with the highest
gold-in-grab sample being 12.03g/t Au. More distal, polymetallic veins were also
found on the periphery of the intrusions and grab samples were collected which
assayed 15.05g/t Au and 147g/t Ag (these values are from two separate distal
vein systems). 


The site was previously drilled by International Gold Resources Inc. in 2007,
and significant lengths of core were largely left unsampled. Three holes,
MH07-02, MH07-04 and MH07-05, were recovered from their old camp, transported to
Dawson, logged, sampled, and assayed in their entirety. It appears that
International Gold Resources Inc. had been targeting the contact skarn and
sampling was dominantly focused on the skarn horizons. Best results from the
three holes re-sampled include:


MH07-02 



--  1.5m at 0.82g/t Au (from 126.5m to 128.0m) 
--  4.6m at 100.50g/t Ag (from 56.4m to 61.0m) 
--  7.86m at 15.05g/t Ag (from 103.71m to 111.57m) 



MH07-04 



--  0.9m at 0.91g/t Au (from 17.6m to 18.5m) 
--  2.0m at 0.46g/t Au (from 86.2m to 88.2m) 
--  2.0m at 1.77g/t Au (from 94.2m to 96.2m)



MH07-05 



--  1.41m @ 0.80g/t Au (from 43.59m to 45.0m) 
--  1.5m @ 1.05g/t Au (from 49.5m to 51.0m) 
--  4.0m @ 1.04g/t Au (from 65.0m to 69.0m) 
--  1.2m @ 1.00g/t Au (from 142.3m to 143.5m) 
--  1.05m @ 0.93g/t Au (151.5m to 152.55m)



The May-Qu area lies in the south-eastern portion of the larger Mahtin project,
which is 46km northwest of Mayo. Geologically it lies in the Selwyn Basin,
comprised of siltstones and mudstones that have in turn been intruded by Selwyn
to Tombstone aged granodiorite plutons. The area was mapped in detail and was
found to bear a geological similarity to the Dublin Gulch deposit (50km
northeast), with mineralisation occurring as sheeted veins within the
granodiorite body and returning assays up to 3.37g/t Au. Several distal
polymetallic veins were also discovered in the hornfelsed aureole around the
intrusion that were rich in silver (up to 492g/t Ag), lending further evidence
to the presence of a mineralised system. To date, mapping and sampling has
defined a mineralised area of interest of about 3km x 2km over the main
intrusive stock, although additional (and as yet untested) soil anomalies
occurred in adjacent cupolas of granodiorite. 


The Company plans for a small mapping and ground truthing program at Mahtin in 2013.

Alp Forty Area

The Alp-Forty group of claims lies in the southern portion of the Mahtin claim
block and is bordered by the May-Qu properties on its eastern margin. The
magnetic and radiometric geophysical survey from 2011 showed the potential for
several dyke systems through the property that could host gold mineralisation.
As such, a ridge and spur soil program was undertaken over the entire property,
as well as two soil grids focused over the geophysical anomalies.


Geological mapping recorded a siltstone-dominated lithology with the occasional
occurrence of intrusive rocks such as granodiorites. The lack of outcrop was the
largest hindrance here as the generally lower relief was covered by deep soils
and vegetation. Although no significant samples were collected in the field, the
soils did continue to show a correlation to the geophysically defined
intrusives. As the bulk of the soils were collected later in the season and
results were unknown, the Ryan Gold field crew focus remained on the May-Qu and
Mahtin properties where anomalous soils and outcrop had already been identified.



The Company plans to continue with some reconnaissance work in Alp-Forty in 2013
to follow up on soil anomalies that could be a continuation of the mineralising
systems seen in the adjacent May-Qu claims.


Other Mayo Area Projects

The company also worked on the MCQ/Moose and Summit projects in the Mayo area.
All three claim blocks have significant soil anomalies, however thick overburden
and a lack of outcrop limited the Company's mapping of these areas.


Kluane Properties

The Kluane Properties are located on a largely unexplored area located in the
Whitehorse Mining District in the southwestern part of the Yukon. Reconnaissance
ridge and spur soil sampling from 2011 identified significant anomalies in a
number of project areas. For example, anomalous gold-in-soil values greater than
100 ppb gold and up to a maximum of 3,427 ppb gold were identified over the
claim blocks covering an area of approximately 16 km by 7 km on the Pluto and
Venus prospects in the Kluane area (see press release dated November 16, 2011).
An encouraging aspect is that the anomalous soil values of greater than 100 ppb
gold are associated with wide zones of 30 - 100 ppb gold-in-soil anomalies. In
the Kilo prospect, anomalous gold-in-soil values greater than 100 ppb gold, the
upper 3% of the gold-in-soil values, and up to a maximum of 1,392 ppb gold, were
identified over the claim blocks covering an area of approximately 6 km by 5 km.
The Company also reported initial anomalous gold-in-soil values of between 100
ppb and 574 ppb from the reconnaissance soil program conducted on the Sapphire
Prospect (see press release dated November 28, 2011).


The Company did extensive mapping and sampling on eight of the properties making
up the Kluane region in 2012, with 24,310 soil samples and 364 grab samples
being collected. The Company also completed an airborne magnetic and radiometric
geophysical survey over the Arm and Pluto properties.


Pluto

The Pluto claims form one of the largest land holdings in Ryan Gold's portfolio,
and are located approximately 65km northeast of Burwash Landing. The entire area
was covered in a 12,754 soil sampling program comprising of ridge and spur, as
well as a grid localised in the north-eastern corner of the claims over
significant ridge and spur anomalies discovered in 2011. Soil assays up to
15.3g/t Au were returned within the grid. Extensive field mapping and sampling
working on a 1:10,000 scale was also undertaken in order to gather as much data
as possible for later interpretations. Grab samples in the vicinity of the high
grade soil samples returned assays up to 7.11g/t Au. 


Late in August 2012, a magnetic and radiometric geophysical survey was flown
over the entire property. 


The Company is currently interpreting the results of the survey, and plans a
small mapping and ground truthing program in 2013 to better understand the
structural controls on the claims.


Arm

The Arm property is located on the eastern flank of the Talbot Arm of Kluane
Lake, approximately 25km from Burwash Landing. A grid of 2,782 soils was
collected over an area of anomalous ridge and spur samples collected during the
2011 season. Two areas of interest were identified in the grids, with greater
than 100ppb gold-in-soil results being returned. Detailed mapping on a 1:10,000
scale as well as targeted grab sampling was also undertaken across the property.


Mineralisation was found to be pervasive into the country rock, with some
quartzites and limestones becoming more intensely altered close to monzonite and
granodiorite dykes. Fracture hosted sulphide mineralisation (mainly
chalcopyrite, arsenopyrite and galena) returned assays of up to 3.67g/t Au and
832g/t Ag. 


A magnetic and radiometric geophysical survey was also flown in August 2012
which revealed a complex structural arrangement within the property boundaries. 


The Company is currently interpreting the results of the survey, and plans a
small mapping and ground truthing program in 2013.


Other Kluane Projects

Follow up mapping and soil sampling was completed on the Kilo, Sapphire, Bwick,
Garnet, Glad, Serp, April, Beaver, Beryl, and Haine properties in the Kluane
Region. These programs were successful in locating mineralization to explain the
anomalous gold soil samples taken in 2011.


Other Properties

The Company also had smaller programs planned for a number of the other property
areas including 50 Mile, Cantung, Nug and McQuesten, mostly involving mapping
and soil and rock chip sampling to determine if follow up exploration programs
(grid soil sampling and/or drilling) are warranted. The Company is assessing the
data collected in 2012 to determine which properties have the most exploration
potential. 


QA/QC

Sealed plastic sample bags were placed in a security sealed bag and delivered to
ALS Chemex ("ALS Chemex") in Whitehorse, Yukon Territories. Here the entire
sample was crushed passing minus 2mm, from which a 250g split of the crushed
sample was pulverized passing minus 75 micron. Pulp samples of 100g were shipped
to ALS Chemex Vancouver where the samples were analysed for gold by fire assay
using a 50g aliquot with an ICP-AES finish. An additional 0.5g sample using aqua
regia digestion was analysed for an additional 51 elements with an ICP-MS
finish. 


As part of the Company's QA/QC procedures, internationally recognised standards,
duplicates and blanks were inserted into the sample batches. ALS Chemex is an
ISO 9001 registered laboratory and has a quality control program in place which
includes the insertion of standard, blank, and duplicate samples, as well as
conducting repeat analyses. 


Ian Gendall, Pr.Sci.Nat., is providing his expertise as the qualified person
within the definition of that term in NI 43-101. Mr. Gendall has also reviewed
the technical information in this news release. 


About Ryan Gold Corp. 

Ryan Gold Corp. is an exploration company focussed primarily on gold exploration
in the Yukon Territory, Canada. The Company is well funded and has a large land
package of over 400,000 hectares comprised of over 60 different properties. The
Company's flagship property is Ida Oro, which was drilled in 2011 and 2012. The
Company also has 10% interests in Carlisle Goldfields Limited's Farley Lake
Project and Castillian Resources Corp.'s Hope Brook Project. 


This press release contains forward-looking statements within the meaning of
applicable securities legislation. Such statements include, without limitation,
statements regarding the future results of operations, performance and
achievements of the Company, including potential property acquisitions, the
timing, content, cost and results of proposed work programs, the discovery and
delineation of mineral deposits/resources/reserves, geological interpretations,
proposed production rates, potential mineral recovery processes and rates,
business and financing plans and business trends. Although the Company believes
that such statements are reasonable, it can give no assurances that such
expectations will prove to be correct. Forward-looking statements are typically
identified by words such as: believe, expect, anticipate, intend, estimate,
postulate and similar expressions, or are those, which, by their nature, refer
to future events. The Company cautions investors that forward-looking statements
by the Company are not guarantees of future results or performance, and that
actual results may differ materially from those in forward-looking statements as
a result of various factors, including, but not limited to, variations in the
nature, quality and quantity of any mineral deposits that may be located,
significant downward variations in the market price of any mineral that may be
produced, the Company's inability to obtain any necessary permits, consents or
authorizations required for its activities, to produce minerals from its
properties successfully or profitability, to continue its projected growth, to
raise the necessary capital or to be fully able to implement its business
strategies. All of the Company's public disclosure filings may be accessed via
www.sedar.com and readers are urged to review these materials, including any
technical reports filed with respect to the Company's mineral properties. This
press release is not, and is not to be construed as an offer to buy or sell
securities in the United States.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ryan Gold Corp.
David Schmidt, Interim CEO
[phone]