OVERVIEW
Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals on its extensive Ontario holdings at Mine Centre, , and its recently acquired properties near Rainy River. The Company is listed on the TSX Venture Exchange under the symbol QAU and on the Frankfurt Exchange under the symbol QX9.

Q-Gold Resources Ltd. is mainly focused on exploring and reactivating the historic (1890's) Mine Centre Gold Camp in the Kenora Mining Division of Northwestern Ontario, where the Company holds over 32,000 acres of mining claims, Crown leases and patents. In addition, the Company will initiate gold exploration activities this summer on its 2,600 acres of mining claims near Rainy River.

In conjunction with a reverse take-over (“RTO”) in 2005, Q-Gold acquired the Mine Centre area properties from a private Ontario corporation and its common shares began trading on the Exchange in September of that year. The Company has no debt and its 2007 Exploration Program is fully-funded.

PROPERTY
Mine Centre, Ontario - Located 65 kilometers east of Fort Frances, Ontario, 5 km south of Mine Centre and Trans-Canada Highway Rte 11). The property is easily accessible year round, close to utilities and logging roads, which allow Q-Gold to operate through out the year.

The properties encompass over 32,000 acres of mining claims, leases, patents, options and contains two past producing Gold mines (the Foley and Golden Star), as well as three other gold mines that were never produced. The Foley Mine produced 5,267 ounces of gold between 1893 and 1934. The Golden Star Mine produced 10,632 ounces of goldin the 1890’s. Three other gold mines that are owned or optioned by Q-Gold at Mine Centre were partially developed at the turn of the 20th century but were never produced. If Q-Gold can confirm the historical reserves estimates at the Foley Mine through future diamond core drilling programs, the Corporation would have potential reserves of a minimum of 238,000 ounces of gold, not including any new ore resource estimates resulting from additional exploration beginning in 2007.

Note: The above listed resource and reserve estimates of 240,000 ounces of gold does NOT qualify under the Canadian Institute of Mining’s definitions required by National Instrument 43-101.

The Corporation controls almost all of the prospective gold lands in the Mine Centre area, where over 100 quartz veins have proven to be gold-bearing. Base metals mineralization has also been identified in a number of locations on the properties.

BOARD OF DIRECTORS AND OFFICERS
J. Bruce Carruthers II President - Chief Executive Officer and Director
Eric A. Gavin - Chief Financial Officer, Vice President Finance and Administration
William F. Mudon - Director
Eugene Chen - Corporate Secretary and Director
Wayne G. Young - Director