Adventure Gold Inc. (TSX VENTURE:AGE) (the "Company") and RT Minerals Corp. (TSX
VENTURE:RTM) ("RTM") are pleased to report first results on the Meunier-144
joint venture property (the "Property") deep drilling program. Lake Shore Gold
Corp. (TSX:LSG)(NYSE Amex:LSG) ("Lake Shore Gold" or "LSG") today announced
first results from the Hole M-10-05b, (known as the "Deep Hole"), which was
designed to test the down plunge extension of the Timmins Mine and Thunder Creek
ore bodies at vertical depths below 2,000 metres on the Property. All design and
management of drilling for the program is being conducted by Lake Shore Gold.
Highlights are:




--  "Deep Hole" (M-10-05b) intersects Ultramafic and Footwall style gold
    mineralization 2,380 metres below surface, representing potential 1.9
    kilometre down plunge extension from bottom of current reserve at the
    Timmins Mine and quadrupling of plunge length of high-grade Ultramafic
    Zone (see Figure 1 and 2) 
    
    
--  Deep Hole reaches favourable Timmins Mine fold structure, multiple wedge
    cuts into core of fold nose planned by LSG 
    
    
--  Deep Hole currently at 3,061 metre down hole depth, continues to test
    for Timmins Mine and Thunder Creek mineralization  
    
    
--  Second zone of broad alteration, deformation and quartz veining,
    estimated to be 37 metres wide, identified from recently received drill
    core (currently being logged with sampling and assaying to follow - see
    Figure 3) 
    
    
--  Potential to add significant new resources at Timmins West Complex with
    further drilling considered extremely high by LSG. 
    



The Deep Hole targeted the Timmins Mine Fold Nose (TMFN), a folded mineralized
structure which hosts the Ultramafic and Footwall zones and accounts for the
bulk of existing resources above the 1,200 metre level. The Ultramafic Zone, the
highest grade area of the Timmins deposit, typically occurs as a series of
lenses hosted by pyroxenite situated in the core of the TMFN, while the Footwall
Zone occurs within volcanic rocks, immediately north of the pyroxenite. The Deep
Hole successfully intersected the pyroxenite, accompanied by typical Ultramafic
and Footwall style mineralization, including carbonate alteration, quartz
tourmaline veining, pyrite and elevated gold valueat the 2,380 metre level
(2,925 metres down hole), approximately 1.9 kilometre down plunge from the
bottom of the current reserve assuming the same 53 degree plunge observed near
surface. Given that the Ultramafic Zone at Timmins Mine starts at about the 525
metre level, and assuming the same plunge, the intersection at 2,380 metres
represents a potential quadrupling of the plunge length of the Ultramafic Zone.
The best assay value obtained to date is 2 grams per tonne gold over 1.1 metres
from a zone located at a down hole depth of 2,925 metres to the north and below
the nose of the TMFN structure.


Tony Makuch, President and CEO of Lake Shore Gold, commented: "We are extremely
encouraged by the results of the Deep Hole. It is an incredible accomplishment
by our exploration team that, through their analysis and calculations, they were
able to model the extension of the Ultramafic structure almost two kilometres
away and intersected the structure with the first hole. That is one hell of a
stretch! Based on our interpretations, the results very clearly validate our
exploration model, potentially quadruple the plunge length of the Ultramafic
Zone and demonstrate an amazing down plunge continuity of the Timmins Mine gold
system, which is a classic characteristic of the historic, long-life Timmins
gold producers. We believe the same is true of Thunder Creek and will work
towards showing this through continued drilling. We came in on the north limb of
the TMFN and now plan to drill multiple wedge cuts into the nose of the fold
structure, where the potential to intersect high-grade mineralization is
considered greatest. Based on the results, we are very confident that, through
additional work, we will be able to add significant new extensions to the
mineralization at the Timmins West Complex. We are excited about the prospects
for additional favourable results as we continue drilling the Deep Hole to
further test both the Timmins Mine and Thunder Creek mineralization, complete
the planned wedge cuts into the nose of the TMFN and undertake infill drilling
between the new drill results and the bottom of our current reserve on the 1,200
Level at Timmins Mine."


The Deep Hole drill program targets an area on property owned by a joint venture
involving Lake Shore Gold, RT Minerals Corp. and Adventure Gold Inc. Based on
current interpretations, the Deep Hole intersects the north limb of the TMFN
structure slightly north of the boundary between the LSG/RTM/AGE JV property and
100% owned Lake Shore Gold property. The hole crosses the boundary onto the
LSG/RTM/AGE JV property at 2,985 metres down hole with drilling continuing. The
limb is identified on the basis of a prominent contact between pyroxenite and
mafic volcanic rocks, which occurs at approximately 2,862 metres down hole. At
present, the hole is still in progress and remains in pyroxenite at the current
bottom which is 3,061 metres. Based on LSG projections, the nose of the TMFN
structure may lie slightly to the south and near the 2,100 metre elevation on
the current section line. 


Observations from drill core also indicate moderate to strong alteration and
between 2,828 metres and 2,928 metres (ie. approximately 100 metres wide) with
several narrow syenite dikes, local quartz veinlets with tourmaline and sections
containing between 1-8% pyrite. Results from this interval indicates anomalous
gold values and a best assay value of 2 grams per tonne gold over 1.1 metres,
from a down hole depth of 2,925 metres. 


A second broad zone of alteration and deformation has been identified from
recently received core, which also contains quartz veining, with tourmaline and
locally elevated pyrite (see Figure 3). This core is now being logged and
sampled. This lower zone occurs between 3,024 and 3,061 metres (ie.,
approximately 37 metres wide) and is still open to depth. 


Current plans are to extend the current Deep Hole to a minimum down hole depth
of 3,400 metres to allow a better overall understanding of both the Timmins Mine
and Thunder Creek depth extensions. Following this, the plan is to complete a
series of wedge cuts to better define the overall geometry of the structure at
this elevation, as well as plan for new drilling up and down plunge to start
defining new resources. 


Figures 1, 2 and 3 are available at:

http://www.adventure-gold.com/common/documents/Meunier_Figure1_nov10_2011.pdf

http://www.adventure-gold.com/common/documents/Meunier_Figure2_nov10_2011.pdf

http://www.adventure-gold.com/common/documents/Meunier_Figure3_nov10_2011.pdf

Quality Control 

Jules Riopel, P.Geo., Vice-President Exploration and Acquisitions, acting as the
Company's "Qualified Person" as defined by NI 43-101, has reviewed this press
release. LSG is the field manager for the deep drilling program carried out on
the Property. The Qualified Person ("QP") for Lake Shore Gold's Deep Hole drill
program is Jacques Samson, P.Geo. who as QP has prepared or supervised the
preparation of the scientific or technical information for the property and
verified the data disclosed in this press release. 


Lake Shore Gold has implemented a quality-control program to ensure best
practice in the sampling and analysis of the drill core. Assays have been
completed using a standard fire assay with a 30-gram aliquot. For samples that
return a value greater than 10 grams per tonne gold, samples are re-run with a
gravimetric finish. Zones with visible gold are tested by pulp metallic
analysis. NQ size drill core is saw cut and half the drill core is sampled in
standard intervals. The remaining half of the core is stored in a secure
location. The drill core is transported in security-sealed bags for preparation
at ALS Chemex Prep Lab located in Timmins, Ontario, and the pulps shipped to ALS
Chemex Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO 9001-2000
registered laboratory preparing for ISO 17025 certification.


There is no guarantee that drill results reported in this news release will lead
to the identification of resources that can be mined economically, and further
work is required to identify resources and reserves.


Profile:

Adventure Gold Inc. is a mineral exploration company focused on discovering
high-quality gold deposits in the Abitibi Greenstone Belt located in
northwestern Quebec and northeastern Ontario - one of the richest gold deposit
areas in the world. Adventure Gold holds quality assets in the Val-d'Or,
Rouyn-Noranda and Timmins areas and is led by determined management and
technical teams with extensive exploration and mine production experience.
Adventure Gold is proud to count on highly regarded partners such as
Agnico-Eagle Mines Limited and Lake Shore Gold Corp. to explore its
advanced-stage gold properties. 


Follow Adventure Gold on:

Twitter: http://twitter.com/Adventure_AGE

LinkedIn: http://www.linkedin.com/company/2253943

The foregoing information may contain forward-looking statements and events
relating to the future performance of the Company. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the
appropriate regulatory authorities. We seek safe harbour.


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