(via Thenewswire.ca)

Winnipeg, MB / TNW-ACCESSWIRE / March 28 2014 / King's Bay Gold Corporation (TSX.V: KBG) ("King's Bay Gold") is pleased to announce that, subsequent to the marketing efforts made at the PDAC 2014 trade show as held in Toronto, ON in early March, it has recently signed multiple Confidentiality Agreements with third parties who have expressed an interest in the company's Menary Gold Project and other properties.

King's Bay Gold is also pleased to announce that it has received a 3 year Exploration Permit from the Ontario Ministry of Northern Development & Mines for the furtherance of early stage exploration at the Menary Gold Project. Exploration Permit, PR-14-10490, is effective from March 14th, 2014 and was issued to the company pursuant to subsection 78.3(2) of the Mining Act, R.S.O. 1990, Chapter M.14. This permit is subject to the requirements of the Mining Act, Ontario Regulation 308/12 and the applicable Provincial Standards for Early Exploration. No additional Terms and Conditions specific to the exploration of the Menary Gold Project were identified nor imposed on the company by the Ontario Ministry of Northern Development & Mines.

Menary Gold Project

The property is located in the Townships of Menary, Claxton, McClarty and Senn in the Kenora Mining Division of northwest Ontario. The claim units are located approximately 20 kilometres southeast of the Town of Nestor Falls, Ontario and can be accessed along Road 404, east of Highway 71 which runs between Kenora and Fort Frances, Ontario. The project is located roughly fifteen kilometers northeast of New Gold Inc. (TSX: NGD)'s the Rainy River Gold Deposit mine project and Bayfield Ventures Corp. (TSX.V: BYV)'s Burns Block discovery. The overall Menary Gold Project now consists of 18 claims for approximately 2,238 hectares in a single contiguous land package. The project is not only road accessible, but is also close to labour, supplies and current power infrastructure.

Detailed exploration summaries and maps on all of the properties in the company's portfolio can be viewed at www.kingsbaygold.com .

About King's Bay Gold Corporation

King's Bay Gold Corporation is an active Canadian mineral exploration and development company with mineral projects located in two of Canada's emerging gold camps - the Rainy River / Kenora and Sturgeon Lake, ON gold camps.

KBG Shares Outstanding: 98,976,914

King's Bay Gold Corporation

Ray Prefontaine

Director & Chief Financial Officer

(204) 253-4653

[email protected]

www.kingsbaygold.com