Gunpowder Gold Corp. Announces the Appointment of Seasoned Geologists to Its Board of Directors

MANCHESTER, England, Jan. 26, 2011 /PRNewswire/ -- Gunpowder Gold Corporation (Gunpowder or "the Company") (OTC Bulletin Board: GUNP) is pleased to announce the appointment of two Senior Geologists to its Board of Directors.

Mr. Neil Pestell, Gunpowder's CEO stated, "We are pleased to welcome Richard Kehmeier and Dennis Lance to Gunpowder's Board of Directors.  We are thrilled with the impressive credentials that both Mr. Kehmeier and Mr.  Lance brings to the company and look forward to their guidance and counsel."

Mr. Richard Kehmeier is an AIPG Certified Professional Geologist with forty years of international experience in all phases of resource development for the mining industry.  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 and over a billion pounds of copper over 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. Mr. Kehmeier is a member of the American Institute of Professional Geologists, the Society of Economic Geologists, and the Geological Society of Nevada.

Mr. Dennis Lance is an exploration geologist with more than 35 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 including Thunder Mountain Gold, Inc., and Freegold Ventures Ltd., where his responsibilities were surveying, geochemistry, geological mapping and generative exploration work in preparation for 43-101 resource estimates.  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).

Gunpowder Gold Corp. has also launched its new corporate web site at www.GunpowderGold.com

The Company will be updating its web site regularly to keep investors aware of corporate developments. The Company has also established a toll-free number for investor inquiries at 1-800-481-0604.

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 portfolio of strategically-located claim blocks in the fairway-tract of the trend, known as the Dome Rock Project. Dome Rock is nine miles from American Bonanza's Copperstone mine, the largest gold discovery in Arizona's recent history. The Copperstone open pit and underground workings are located at the northern tip of the Dome Rock Mountains in southwest Arizona.

Shareholders and the public are encouraged to visit www.GunpowderGold.com for more information and to request an Investor Package.

Safe Harbour Statement:

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, regulatory incentives, the development of new business opportunities, and projected costs, revenue, profits and results operations. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. 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 www.sec.gov.

SOURCE Gunpowder Gold Corporation