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AurCrest Gold Recieves Permit for Exploration Richardson Lake Gold Discovery

ACCESSWIRE

Toronto, Ontario May 22, 2013 - AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX-V:AGO.V - News) is pleased to announce that it has received an exploration permit from the Ministry of Northern Development and Mines to further explore the Richardson Lake gold discovery in the Birch-Uchi belt of the Red Lake mining division located between the historic Pickle Lake and Red Lake Gold camps. The new permit is good for 3 years and covers up to 6,000 metres of diamond drilling, airborne and surface geophysics, sampling and mapping.

Ian Brodie-Brown, President & CEO of AurCrest states: "We are pleased to have completed the permitting stage of our ongoing efforts to explore the new gold-in-iron formation occurance on our Richardson Lake property. This marks the beginning of the second stage of assessing our highly prospective gold discovery. AurCrest has a strong First Nation partnership, 9.9% of the outstanding shares of the company having been purchased by the Lac Seul First Nation. The company has First Nation representation on the Board of Directors and continues ongoing discussions with other key First Nations in the area. We believe strongly in the ownership and direction of our work having strong participation and support by all local peoples. The Richardson Lake discovery is associated with a quartz carbonate shear zone in an iron formation and occurs 150 metres away from an untested nose-fold axis fault feature."

The previously announced hole RL-12-007 intersected grades of 15 metres of 1.83 g/t, including 9 metres of 2.95 g/t, including 4.0 metres of 6.0 g/t, including 3.0 metres of 7.4 g/t and including 1 metre of 11.1 grams (previously discussed in the AurCrest April 30, 2012 News Release). In conjunction with these results, three high grade surface hand samples included 14.3 g/t, 12 g/t and 4.74 g/t gold along a similar westerly trend to the aforementioned drilling results.

This favourable magnetic feature is approximately 1.5 km long and 200 metres wide and it is believed from these preliminary exploration results to represent a significant potential host for gold mineralization. The unsurveyed section of this feature continues for 7 kms to the west beyond the airborne geophysical survey completed by AurCrest, and remains on AurCrest property.

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There is currently a drill on site and follow-up drilling of the new discovery is of the highest priority.

The Richardson Lake property is located 10 kms north of Gold Canyon's Springpole Lake discovery and 110 kms east north east of Red Lake, Ontario.

Trevor Boyd, PGeo, Vice-President of Exploration, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this press release.

About AurCrest Gold Inc.

AurCrest Gold is a mineral exploration company focused on the acquisition, exploration, and development of gold properties. AurCrest has a portfolio of properties in Ontario, which include the Richardson Lake and Bridget Lake gold properties.

FOR FURTHER INFORMATION PLEASE CONTACT:

AurCrest Gold Inc.StockNetwork Media

Ian Brodie-Brown(416) 883-3838

President and C.E.O.info@stocknetwork.com

(416) 368-2929www.StockNetworkMedia.com

(416) 601-1450 (FAX)

info@aurcrestgold.com

www.aurcrestgold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements.