Exploration Plans At Segovia Gold Project

TORONTO, ON - Touchstone Gold Limited reported on activities on its upcoming exploration plans for its Segovia Gold Project in Colombia. David Wiley, Touchstone Gold CEO, commented, "We are very pleased to look back on a successful and productive 2012, which brought us closer to our aim to grow Touchstone into a significant gold exploration and production group. From an exploration perspective, we released some very positive high-grade drill results which effectively doubled the known area of mineralisation at our project.

Following the acquisition of the El Cinco property, completed on November 5, 2012, and a business combination with Atlantis Gold Mines Corp., Touchstone currently holds a 24,699-hectare concession land package. The asset consists of the advanced Rio Pescado property and the highly prospective San Miguel, Frontino Norte and El Cinco properties, collectively called Touchstone's "Segovia Gold Project" and hosts high-grade near-surface gold mineralization along an 800-metre strike length and multiple high-grade gold target zones. The Project boasts more than 15 km of prospective strike length in gold mineralization and encouraging drill results with significant high-grade intersections.

Touchstone has drilled over 15,000 metres over 193 drill holes at its Segovia Gold Project, of which 8,300 metres in 74 diamond drill holes were drilled at the Project's Rio Pescado zone from June 2011 to March 2012. Touchstone's Stage 3 drilling programme, soil sampling and geophysics successfully doubled the area of known gold mineralization and discovered multiple additional high-grade gold areas within the Rio Pescado zone.

Following its successful exploration and drilling programmes to date, Touchstone will continue to explore the various mineralized zones located on the Segovia Gold Project. The initial 15,000 metres of the Stage 4 infill and step-out drilling programme is scheduled to commence in Q1 2013 and will focus on expanding the areas of known gold mineralization and testing advanced targets. The Company plans to initiate a maiden NI 43-101 resource estimate on the Rio Pescado zone upon receiving assay results from its Stage 4 drill programme.

Less than 5% of Touchstone's 24,699-hectare concession has been drilled. The Company intends to drill other identified exploration targets at the San Miguel property in the latter part of 2013 to assess their mineralization potential. Additionally, the Company intends to conduct ongoing geological mapping, geochemical sampling, and geophysics on its concessions to identify new drill targets.

Over a longer term, Touchstone aims to grow into a significant low cost, high-grade gold exploration and production group in the highly prospective Segovia Gold Belt of Colombia.