Fort Frances, Ontario, May 30, 2007 – Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide investor relations services. The objective of this agreement is two-fold. First, to create effective communication between Q-Gold, its shareholders and the investment community through AGORACOM’s internet based investor relations system. Effective June 1, 2007, a customized and monitored Q-Gold IR HUB (http://www.agoracom.com/IR/Q-Gold) will allow both Q-Gold and AGORACOM to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to all critical Q-Gold IR information, as well as, an executive audio address. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity. Second, AGORACOM will be responsible for raising Q-Gold awareness amongst retail investors for the purposes of attracting new and prospective shareholders. As an exclusive small-cap content provider to Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all meaningful Q-Gold press releases. AGORACOM will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications. Q-Gold President and CEO, Bruce Carruthers II, stated, “We are indeed fortunate to be able to take advantage of AGORACOM’s extensive internet based investor relations system. This will enable us to efficiently communicate with our existing investor base as well as exposing us to the myriad of potential new investors utilizing the internet for quality mining investments in these exciting times. We look forward to a long and prosperous relationship with AGORACOM.” For all future Q-Gold investor relations needs, investors are asked to visit the Q-Gold IR Hub at http://www.agoracom.com/IR/Q-Gold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time. The terms of the agreement are as follows: Duration - 12 months. Monthly Cash Compensation - $CDN $3,000 + GST. Stock Options - 230,000 shares at $CDN 0.25 per share. AGORACOM has elected not to exercise any such options until after the first 12 months of service; This agreement has been negotiated entirely at arm's length. AGORACOM is located in Toronto, Ontario. About AGORACOM Investor Relations Corp. http://www.agoracom.com http://www.AgoraIR.com AGORACOM Investor Relations is North America's leading outsourced investor relations firm for small-cap companies. AGORACOM's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. AGORACOM has specialized in small-cap investor relations since 1997 and is the exclusive provider of all small-cap content to Yahoo Finance Canada, The AOL Small Cap Channel and every Blackberry device on the planet. About Q-Gold Resources Ltd. Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals on its extensive holdings in the historic Gold Camp at Mine Centre, Ontario of over 32,000 acres and 2,600 acres recently acquired in the Rainy River, Ontario greenstone belt. To find out more about Q-Gold Resources Ltd. (TSX-V: QAU) (FRANKFURT:QX9), visit our website at www.qgoldresources.com The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release. CONTACT INFORMATION Corporate Inquiries Q-Gold Resources Ltd. J. Bruce Carruthers II President 1-888-779-0166 Website: http://www.QGoldResources.com Investor Relations AGORACOM Investor Relations http://www.agoracom.com/IR/Q-Gold QAU@agoracom.com