Gunpowder Gold Corp. Announces the Appointment of Michael Nott as President

LAS VEGAS, Dec. 14, 2011 /PRNewswire/ -- Gunpowder Gold Corp. (OTCBB: GUNP) (Gunpowder or "the Company") is pleased to announce that Mr. Michael Nott has been appointed President of the Company.

Mr. Nott is an accomplished geologist with more than a decade of experience in both the hard rock mining and petroleum industries. His areas of geographical expertise cover both Australia and North America, including Alberta, Saskatchewan and Colorado. Mr. Nott's areas of specialty include advanced geological mapping and interpretation, and geophysical interpretation. He has worked as a geologist for leading companies such as Santos Ltd., Encana, and also the Alberta Research Council.

Mr. Nott graduated from the University of New Brunswick with a Bachelor of Science degree in geology (1999) and is a member of the Association of Professional Engineers, Geologists, and Geophysicists of Alberta.

Reflecting on his appointment, Mr. Nott stated, "I am very pleased to be able to assist Gunpowder in the exploration and development of its exciting Dome Rock project in Arizona. The entire region is known to host economic mineral deposits of considerable magnitude, and has the added advantage of being a very mining-friendly jurisdiction. As we keep advancing our prospective gold project I am confident that our seasoned Board and technical team will generate substantial value for shareholders."

The Company's Board of Directors consists of Michael Nott (President), Richard Kehmeier, and Dennis Lance.

Mr. Kehmeier is a Certified Professional Geologist with nearly 40 years of international experience in all phases of resource development for the mining industry. Mr. Kehmeier is currently a Senior Geologist for Vector Engineering Inc. in Golden, Colorado. During his career he has held such positions as Vice President of Exploration at Gold Reserve Corp and Atlas Corporation and has worked for companies such as Union Carbide and Anaconda. He is responsible for the discovery of nearly 15 million ounces of gold in his career. Mr. Kehmeier graduated from the Colorado School of Mines with a Bachelor of Science in Geological Engineering and a Master of Science in Geology. He is a member of the American Institute of Professional Geologists, the Society of Economic Geologists, and the Geological Society of Nevada.

Mr. Lance is an exploration geologist with more than 40 years of domestic and international experience in base and precious metals exploration. Mr. Lance has an extensive background both in field and management positions, and has worked for such companies as Phelps Dodge Corporation, Houston Oil and Minerals and USMX Inc. For the past decade, Mr. Lance has acted as a geological consultant to mining exploration companies. Mr. Lance earned a B.A. in Earth Science from California State University, and attended Graduate School at the Mackay School of Mines (University of Nevada).

Mr. Nott replaces outgoing President, Neil Pestell. The Company would like to acknowledge Mr. Pestell for his contributions to the development of the Company to date. The Company is not aware of any disagreements between Mr. Pestell and any other officer or Directors of the Company.

About The Company

Gunpowder Gold Corporation is a gold exploration company in pursuit of high impact gold projects in the Walker Lane Trend, as it extends into Arizona. The Company has developed a strategically-located set of mineral claims in the Dome Rock mountains region of Arizona. The Dome Rock project is nine miles from the Copperstone mine, one of the largest gold discoveries in Arizona's history. The Copperstone open pit and underground workings are located at the northern tip of the Dome Rock mountains.

The Company's Dome Rock project in western Arizona is located on-trend of the world famous Walker Lane. The Walker Lane Gold Trend has produced over 50 million oz of gold and 400 million oz of silver, historically.

Safe Harbour Statement:

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. The forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at http://www.sec.gov.

www.GunpowderGold.com

SOURCE Gunpowder Gold Corporation