Building Gold Resources in Historic Klondike Goldfields

Private Placement

VANCOUVER, BC — Klondike Gold Corp. (the “Company”) is pleased to announce it is arranging for a private placement of up to 6 million units, for total proceeds of up to $720,000. The financing will consist of flow through and non-flow through units priced at $0.12 and $0.10 per unit respectively. Each of the units will consist of one flow-through or non-flow-through common share and one-half of one non-transferable share purchase warrant with each full warrant entitling the holder to purchase one common share for three years at a price of $0.20 per share. The private placement is subject to regulatory approval and in accordance with Exchange policies, finders’ fees may be paid on a portion of the funds raised. Proceeds will be used for exploration expenditures on the Company’s Yukon and British Columbia properties, to fund the acquisition and exploration of new mineral properties in Portugal and general working capital.

Hughes Range 2012 Exploration Results

Vancouver BC – Klondike Gold Corp. (“the Company”) is pleased to announce the results of exploration conducted during the summer of 2012 on its Hughes Range Property. This property is one of thirteen properties in British Columbia held by the Company, and is located 20 km northeast of Cranbrook in southeastern B.C. Activity was focused mainly on a new exploration target, disseminated and fracture controlled copper mineralization in Fort Steele quartzites. As well, some prospecting and reconnaissance mapping were done on the sedex Kootenay King lead-zinc deposit on the east side of the property and on known gold and silver vein occurrences farther west. The road accessible Kootenay King deposit mined 13260 tonnes in 1952 and 1953 with recovery of 882,299 g silver, 881,383 Kg zinc, 710,866 Kg lead, and 985 Kg cadmium (BC Minfile 082GNW009).

Klondike Gold Corp. License Application Accepted for Historic Portuguese Gold Mine

Vancouver, BC – Klondike Gold Corp. (the “Company”) is pleased to announce that its application for an exploration license in the Largares area Portugal has been accepted by Portuguese Department of Energy & Geology. Klondike Gold Corp.’s licence application covers about 80 km2 and includes the historic Castromil Gold Mine (“Castromil”). The Castromil Mine is located 21 km from Oporto, the second largest city in Portugal, and has been the site of historical mining dating to the Roman period.

Klondike Gold Corp. Consolidates 309km2 Panda Basin Irishman Property

Vancouver, BC – Klondike Gold Corp. (the “Company”) is pleased to announce that it has consolidated its interest in the Panda Basin Irishman Claim Block( the ‘Property’ ) with the purchase of its joint venture partner, Sedex Mining Corp. (“Sedex”), 50% right, title and interest in the Property. This acquisition brings the company’s interest in the property to 100%. The terms of the agreement are for the Company to pay to Sedex a onetime payment of $37,173.92. This amount has been fully paid.

Klondike Gold Completes Financing

Vancouver, BC – KLONDIKE GOLD CORP. (TSX-V: KG) (the ‘Company’) is pleased to announce that it has completed the previously announced financing. The financing was fully subscribed for a total of $600,000. 5,250,000 non flow-through shares at $0.10 per share and 624,999 flow-through shares at $0.12 per share were issued along with 2,937,498 non-transferable share purchase warrants. Each warrant entitles its holder to purchase one common share at a price of $0.20 per share for a period of three years.

Indian River Placer Gold Mine Concludes Construction Schedule and Prepares for Gold Production

On July 7th, 2012 the 50/50 joint venture between Klondike Gold Corp. and 46799 Yukon Inc., was formed to operate a placer mining operation on 188 claims on the Indian River in the Yukon Territory. (See News Release of July 26, 2012). Work on the site commenced on July 27th and the company is pleased to announce, that in the short period since that date, the operating company, KG46 Holdings

Klondike Gold Corp. Advances Lone Star Property

KLONDIKE GOLD CORP.(the “Company”) (TSX-V: KG) (the “Company”) is pleased to announce that its 2012 field exploration season in the Yukon has provided encouraging results and direction for the 2013 season. This year has been the first year that consistent exploration on the property has been conducted since 2007 and by compiling the historic and more recent exploration data with this year’s results our team has obtained important new insights into the structure and geology of the Lone Star ridge. This will in assist our objective of bringing the considerable gold occurrences on the property into a recognizable resource format.

Private Placement Announcement

Klondike Gold Corp.(the “Company”) is pleased to announce it is arranging for a private placement of up to 6 million units for total proceeds of up to $600,000. The financing Unit will consist of either flow-through shares or non flow through shares in addition to one-half, non-transferable share purchase warrant entitling the purchaser to purchase one common share for every full warrant at a price of $0.20 for three years. The offering will be priced at $0.10 per unit for non flow through share units and at $0.12 per unit for flow through share units.