In our continuing efforts to provide you with broader investor communications, we are pleased to present to you the latest installment of "Beyond the Press Release" with Mr. Bruce Carruthers, President and CEO of Q-Gold Resources Ltd.

In this installment, Mr. Carruthers discusses the Company’s latest press release:

Oct 28, 2009 - Q-Gold/Upper Canyon Joint Venture extends high-grade Mine Centre, Ontario gold-silver zone

Press Play to listen to the Interview

Regards,
AGORACOM

FORT FRANCES, ON, Oct. 28, 2009--

SEC 12g 3-2(b) Exemption No. 82-4931

Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce on behalf of its Joint Venture with Upper Canyon Minerals Corp. (TSX VENTURE: UCM), the results of a 12-hole, 1,231 meter diamond drill program on their "Nipigon Area" Joint Venture Property located near Mine Centre, Ontario. The companies recently formed a $1.2 million option/joint venture agreement (refer to October 1, 2009 Press Release), covering 2,467.7 acres of gold prospects at Mine Centre.

The Phase I program consisted of 12 "fan" holes drilled from 5 closely spaced (15m) locations, utilizing NQ2 - thin wall sized core. The program evaluated and confirmed the northwest extension of the McKenzie-Gray quartz veined shear zone and related gold, silver and base metal mineralization between 15 and 60 meters northwest of an historic open cut. The McKenzie-Gray vein had been the subject of a 27-ton bulk sample taken in 1984 and diamond drilling in 1992 by the previous owners (see Q-Gold press release dated August 18, 2009). Phase I results successfully confirmed and extended the mineralized zone indicated by previous drilling.

DRILLING RESULTS

All 12 holes intersected the McKenzie-Gray shear zone. The program extended the mineralized portions of the vein an additional 60 meters to the northwest and to a 100 meter vertical depth, for a known total mineralized strike of 150 meters. Mineralization associated with the McKenzie-Gray vein widens at depth over a core width of 11.2 meters at a distance of 30 meters from the historic open cut. This compares favorably to the 1-2 meter wide vein that was bulk sampled on surface. The drilling has delineated a well-mineralized shoot which plunges 45 degrees - 50 degrees to the northwest. The structure remains open in all directions.

The McKenzie-Gray Vein was intersected in Hole QMG09-04 over a core width of 5.5 meters and yielded 11.39 g/t Au and 43.69 g/t Ag. This well-mineralized interval includes two samples that contain visible gold.

Hole QMG09-05 intersected the McKenzie-Gray Vein which returned 16.68 g/t Au, 20.80 g/t Ag and 2.06% Zn over a core width of 9.32 meters at a vertical depth of 55 meters. The hole was drilled in the vicinity of Hole NG92-04 (Nipigon Gold) that reported intersecting 2.92 meters grading 10.94 g/t Au, 90.17 g/t Ag and 2.68% Zn (this intersection is non-compliant with the requirements of NI 43-101 and therefore is not to be relied on for any purpose).

Drill Holes QMG09-09 and 12 tested the shear zone at a distance of 30 and 45 meters respectively to the northwest of Hole QMG09-05. Hole QMG09-09 returned 11.37 g/t Au, 68.0 g/t Ag and 16.96% Zn over a core width 0.62 meters at a vertical depth of 30 meters and Hole QMG09-12 returned 1.57 g/t Au, 15.45 g/t Ag and 1.09% Zn over a core width of 6.28 meters including 8.09 g/t Au, 50.27 g/t Ag and 2.88% Zn over a core width of 0.86 meters at a vertical depth of 75 meters.

All 12 holes, as shown in the Table below, encountered significant sulfide mineralization. Eleven of the 12 encountered significant gold values, with the exception of Hole QMG09-02. This hole, however, yielded 32.2 g/t silver over a core width of 11.2 meters from 62.5 to 73.7 meters and 10.39 g/t silver over a core width of 9.67 meters, including an interval with a core width of 2.15 meters, which ran 31.7 g/t silver.

Analyses were carried out on sawn NQ-sized half core sections by TSL Laboratories Inc. (Saskatoon, SK). The TSL quality system conforms to requirements of ISO/IEC Standard 17025 guidelines. Vein samples containing appreciable sulphide content were analyzed using screened metallics analysis. All assays used for grade calculation are uncut and all grade calculations shown above are weighted averages.

GEOLOGY

The property is underlain by northwest and northeast trending shear zones that intrude both tonalite-trondhjemite rocks of the Bad Vermilion felsic intrusion as well as occupy a lithological contact between the felsic rocks mentioned above and layered gabbro-anorthosite rocks of the Bad Vermilion mafic intrusion. The McKenzie-Gray shear zone is a significant northwest trending structure that comprises the McKenzie-Gray Vein and the closely related East Vein. The East Vein is situated on the structural footwall of the McKenzie-Gray Vein. The shear zone trends 315 degrees and dips 65 degrees to 75 degrees to the southwest. It continues for about 200 meters along strike where it intersects the prominent northeast trending Finger Lake - Island Bay shear zone and associated Jolly Roger Vein. The intersection of these two major structures defines an excellent target for the concentration of mineralizing hydrothermal fluids.

FUTURE PLANS

Q-Gold, Operator for the Joint Venture, will propose to the Management Committee a ground geophysical (induced polarization) survey covering an area over an adjoining approximately 5,100 square meters, thought to contain the McKenzie-Gray, East and Jolly Roger veins. This will delineate additional targets for a Phase II drilling program, which will attempt to significantly expand the McKenzie-Gray gold/silver zone, as well as testing the East and Jolly Roger veins.

SUMMARY

Bruce Carruthers, President and CEO of Q-Gold, said, "On behalf of the Joint Venture, we are extremely pleased with the results of Phase I drilling, which has extended the McKenzie-Gray gold and silver zone strike length to a total of 150 meters. We look forward to further exploration and the possible extension of this high-grade deposit in Phase II." The technical content of this release was reviewed and approved by Kevin Leonard, P.Geo., a Qualified Person as defined by National Instrument 43-101.

About Q-Gold Resources Ltd

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its net 29,000 acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario's Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper/zinc prospect in Arizona.

About Upper Canyon Minerals Corp.

Upper Canyon Minerals Corp. is a growth oriented mineral-exploration resource company trading on the TSX Venture Exchange (Symbol: UCM). The objective of the Company is to enhance its value via high mineralization resource properties with a goal of advancing them into commercial production. The Company is currently exploring two properties: the Josefina Silver and Base Metals Project, located in the Huarochiri Province of Lima, Peru, which comprises 5600 hectares and includes the past producing Josefina Silver and Base Metals mine and the Brosner Gold property located near Val d'Or, Abitibi, in Quebec, Canada. The Brosnor property hosts gold bearing structures, striking east-west, in which quartz-pyrite-tourmaline veins. The most important structure identified to date hosts two main gold zones, namely the Adelemont and Norcourt zones.

ON BEHALF OF Q-GOLD RESOURCES LTD. AND UPPER CANYON MINERALS CORP.

"J. Bruce Carruthers"
J. Bruce Carruthers II
President
Q-GOLD RESOURCES LTD.UPPER CANYON MINERALS CORP.

"Jatinder Bal"
Jatinder (Jack) Bal
President & Director
UPPER CANYON MINERALS CORP.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

For further information on Upper Canyon Minerals Corp., please contact Jack Bal at (604) 633-2442, fax 604-633-2462 & toll free 1-800-667-1442, e-mail jbal@uppercanyonminerals.com, or visit website www.uppercanyonminerals.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 form the Company's expectations and projections. Neither the 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.

Corporate Inquiries

Q-Gold Resources Ltd.,
J. Bruce Carruthers II, President
1-888-779-0166
http://www.qgoldresources.com

Investor Relations
AGORACOM Investor Relations
http://www.agoracom.com/IR/Q-Gold
QAU@Agoracom.com

SEC 12g 3-2(b) Exemption No. 82-4931

FORT FRANCES, ON, Oct. 1, 2009 – Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) announced that it has executed a CDN$ 1.2 million Option/Joint Venture Agreement with Upper Canyon Minerals Corp. ("UCM" - TSX Venture Exchange) ("Upper Canyon"). Under terms of the Agreement, Upper Canyon may earn a 49% participating interest in two large, prospective gold exploration tracts now owned by Q-Gold totaling 2,467.7 acres near Mine Centre, Ontario by meeting a total of $1.2 million of obligations as detailed below.

The northern-most tract is comprised of 1,324.5 contiguous acres of Crown Mining Leases and Patents and includes the historic "Golden Star" and "Isabella" gold mines (the "Golden Star Area").

The southern tract consists of 1,143.2 acres of contiguous Crown Mining Leases and mining claims, including the gold-bearing McKenzie Gray and Jolly Roger quartz veins (the "Nipigon Area").

GOLDEN STAR MINE

In the late 1890's, according to historical reports, the Golden Star Mine produced 10,758 ounces of gold from the No. 1 shaft of the "Star" vein, at an average gold grade of 0.56 ounces per ton ("opt") over a 1.1 metre vein width. Surface facilities were destroyed by a forest fire at the end of the 19th Century and production ceased. Historical estimates, circa 1939, show 10,000 tons of gold ore grading 0.45 opt remaining in the Golden Star Mine.

At the Golden Star Mine property, the gold mineralization is associated with three sub-parallel northwesterly trending vein systems which occur within metavolcanic rocks. This area will be the subject of an intensive geologic investigation by the Joint Venture during its upcoming Fall/Winter exploration program at Mine Centre.

ISABELLA MINE

The Isabella Mine consists of two quartz vein systems into which a 65 foot shaft has been sunk. Limited production of high-grade gold pockets was reported during the period 1899-1934. However, the area in and around the Isabella Mine is virtually unexplored by modern methods and remains highly prospective for gold. This area will also be targeted in the exploration program described above.

NIPIGON TRACT

The Nipigon Area consists of six Crown Leases and ten mining claims. In addition to the gold-bearing McKenzie Gray and Jolly Roger veins, the area contains large portions of the Finger Lake Fault, an intensively sheared zone over a 20 kilometre strike length where a gold occurrence has been encountered. A small, inactive mill and two large tailings ponds with a currently inactive permit, which can be reinstated, are also included on the Nipigon Area.

The McKenzie Gray vein was the target of a recently completed 12-hole, 1,141 metre diamond drilling program conducted by Q-Gold. The objective was gold-sulfide mineralization in a lense plunging to the 100 m level and remaining open at depth as revealed by exploratory drilling by the previous owners of the Crown Leases in 1992 (see Q-Gold press release dated August 18, 2009).

Reserve estimates made by Ovalbay Geological Services Inc., in a report dated December 31, 1992 (p. 32) showed 98,702 tons grading 0.30 gold-equivalent opt in all categories (totaling 29,611 gold-equivalent ounces) attributable to previous drilling in the McKenzie Gray vein.

As a result of Q-Gold's recent drilling activity, 100 core samples from the McKenzie Gray vein are being prepared for assay, with results anticipated within 4 weeks.

JOINT VENTURE TERMS

Under the terms of the Joint Venture, in order to earn a 49% participating interest in the prospective gold properties described above, Upper Canyon will provide CDN$ 1.2 million in total benefits to Q-Gold over a 3-year period as follows (CDN$):

The Joint Venture will be directed by a Management Committee with Q-Gold, which retains 51% interest, as Operator for the first year.

All the properties in the Joint Venture are subject to net smelter return production royalties ranging from 2 to 3%.

Issuance of Upper Canyon shares to Q-Gold is conditional on their receiving all requisite regulatory approvals, including those of the TSX Venture Exchange.

Q-Gold President and CEO Bruce Carruthers remarked "We are pleased to welcome Upper Canyon's participation in our gold exploration efforts at Mine Centre, and look forward to a long and prosperous relationship with them.

A Qualified Person, as defined by NI 43-101, has not done sufficient work to classify the above historical estimates as current mineral resource. Consequently, Q-Gold is not treating any of these historical estimates as current mineral resources and the historical estimates should not be relied upon for any purpose.

Richard C. Beard, P.Eng, Consulting Geologist, a Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this press release.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its net 29,000 acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario's Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper/zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections. Neither the 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.

Corporate Inquiries,
Q-Gold Resources Ltd.,
J. Bruce Carruthers II, President,
1-888-779-0166,
http://www.qgoldresources.com;

Investor Relations,
AGORACOM Investor Relations,
http://www.agoracom.com/IR/Q-Gold
QAU@Agoracom.com

More High-Grade Gold Values Plus 12 Hole Drilling Program For Q-Gold At Mine Centre, Ontario

Assays on 14 further samples taken at 1 metre intervals on a 1 metre by 1 metre grid over a strike length of 15 metres on the Baseline vein and 4 samples from each of the West and East bifurcations of the “Nugget Extension” vein over total strike lengths of 47.8 metres and 51.0 metres, respectively, revealed gold values as follows (1 ppm = 1 g/t):

Assays were performed by ALS Chemex Division (Vancouver) of ALS Canada Ltd., using the Au- AA 26 procedure.

As noted above, high-grade samples were encountered in the Baseline vein (#55059 at 45.4 g/t Au) and in the Nugget Extension (West) vein (#55069 at 34.9 grams/ tonne Au).

Thus, when combined with 96 previously reported assays from the Baseline vein (press releases dated June 18, July 22 and July 30, 2009) the total 110 samples taken from the Baseline vein in a 1 metre by 1 metre grid “mini-bulk sample” produced a weighted average gold value of 8.51 grams/ tonne. Two drill locations have been recently established on the Baseline for future core drilling to establish the presence of the vein at depth. As the exposed 100 metre strike length of the Baseline vein has considerable vertical topographic relief of over 100 metres, it may become a candidate for future surface mining.

Kevin Leonard, P.Geo., is the Qualified Person as defined under NI 43-101 who took the samples and prepared them for assay. He has reviewed and approved the technical content of this press release.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario’s Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company’s expectations and projections. Neither the 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.

CONTACT INFORMATION

Corporate Inquiries Investor Relations
Q-Gold Resources Ltd.
J. Bruce Carruthers II, President 1-888-779-0166
http://www.qgoldresources.com

AGORACOM Investor Relations
http://www.agoracom.com/IR/Q-Gold
QAU@Agoracom.com

The McKenzie Gray tract includes six contiguous Crown Leasehold Patents totaling 240 acres, which are surrounded on three sides by Q-Gold's other holdings at Mine Centre. The tract was purchased by Q-Gold from private parties (see press release dated January 5, 2007) and also includes the gold-bearing Jolly Roger vein, a small mill and building and 2 large tailings ponds, which include a currently inactive permit that can be activated by the Company if events warrant.

An historical report prepared by David J. Gliddon Geological Services, Inc., dated July 31, 1990 (p. 16), shows the following results from different trenching, sampling and assaying programs on the McKenzie Gray Vein by other operators between 1938-46:

Exploratory drilling by the previous owners in 1992 revealed gold-sulfide mineralization in a lense plunging to the 100 metre level, with the vein remaining "open" at depth. This lense at depth will be the target of Q-Gold's drilling program. Reserve estimates made by Ovalbay Geological Services Inc. in a report dated December 31, 1992 (p. 32), showed 98,702 tons grading 0.30 gold equivalent ounces per ton in all ore categories (totaling 29,611 gold equivalent ounces).

However, as a Qualified Person, as defined by NI 43-101, has not done sufficient work to classify the above historical estimates as current mineral resource, Q-Gold is not treating these historical estimates as current mineral resources and the historical estimates should not be relied upon for any purpose.

President and CEO Bruce Carruthers said, "The Company is pleased to be able to test this 2007 purchase, whose previous owner encountered a gold zone in the McKenzie Gray vein. We will now be drilling multiple 3-hole sections into the vein at depths of 80, 100 and 150 metres from single drill locations in a "fan" pattern. The sections will be on a relatively 'tight' grid, spaced 15 metres apart for maximum control and exposure to the indicated gold zone.

Richard C. Beard, P.Eng, Consulting Geologist, a Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this press release.

About Q-Gold Resources Ltd

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario's Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper /zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.comwhere they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections. Neither the 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.

Corporate Inquiries:
Q-Gold Resources Ltd.
J. Bruce Carruthers II, President
1-888-779-0166
http://www.qgoldresources.com

Investor Relations:
AGORACOM Investor Relations,
http://www.agoracom.com/IR/Q-Gold
QAU@Agoracom.com

FORT FRANCES, ONTARIO-(July 30, 2009) - Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce that it has received assay results from the final batch assays from the "Baseline" vein trenching program at Mine Centre has been received. The 22 samples were the remainder of the samples taken from a strike length of 14.5 metres in the infill zone between area One and Two. Results from the latter areas were reported by the Corporation, along with those also from the infill zone in press releases dated June 18 and July 22, 2009, respectively.

Weighted average assay values for the new 22 samples equalled 6.01 g/t gold and 7.03 g/t silver. Six of the highest gold grade samples encountered ranged from 6.9 to 23.3 g/t gold with the five best silver grades ranging from 16 g/t to 44 g/t.

Weighted average results from all 96 trench samples taken from the Baseline vein as recently reported equalled 9.3 g/t gold and 10.5 g/t silver.

The above reported assays were performed by ALS Chemex Division (Vancouver) of ALS Canada Ltd., using Au 30g Fire Assay AA finish for gold and Ag-0G62 Aqua Regia Digestion for silver.

Ranking of Veins

The Baseline vein now ranks second in weighted average gold values (9.3 g/t) of the 11 principal surface veins that the Corporation has trenched and sampled in the complex of over 100 gold-bearing veins in Q-Gold's Mine Centre holdings. First in rank is the 90 metre long Lucky Joe vein averaging 14.78 g/t gold (see press release dated November 16, 2006).

Eighteen additional trench samples taken from the 1,000 metre long Lucky Linda vein have recently been sent for assay. These results will be reported when received.

Fall Exploration Program

Further trenching and sampling of the principal veins at Mine Centre owned by Q-Gold will be the subject of a Fall 2009 exploration program now being formulated. The program will also include core drilling of several of the Corporation's additional Mine Centre holdings, which are either known to be gold-bearing or highly prospective for gold.

Historic Gold Production

Q-Gold's historic Foley and Golden Star gold mines produced a total of 16,025 ounces of gold (reference: NI 43-101 report dated March 27, 2006: www.sedar.com), principally in the late 1890's from veins in the complex described above. Forest fires destroyed the surface facilities in the area, ending all gold production by 1900.

Kevin Leonard, P.Geo., is the Qualified Person as defined under NI 43-101 who took the samples and prepared them for assay. He has reviewed and approved the technical content of this press release.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious metals on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario's Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections.

SEC 12g 3-2(b) Exemption # 82-4931

Neither the 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.

CONTACT INFORMATION:

Q-Gold Resources Ltd.
Corporate Inquiries
J. Bruce Carruthers II
President
1-888-779-0166
Website: www.qgoldresources.com

or

AGORACOM Investor Relations
Investor Relations
Email: QAU@Agoracom.com
Website: www.agoracom.com/IR/Q-Gold

The results tabulated below represent surface samples collected from the exposed trace of the vein. A total of 130.5 kg of sample material over an average width of 0.83 m and a strike length of 16 m was collected from this section of the vein, which had been extensively blasted during an earlier program. A 1m x 1m continuous grid was established for sample control.

The results of additional infill sampling between Areas One and Two are pending. The Baseline Vein is exposed along strike in both northwesterly and southeasterly directions.

Assays were performed by ALS Chemex Division (Vancouver) of ALS Canada Ltd., using Au 30g Fire Assay AA finish for gold and Ag-0G62 Aqua Regia Digestion for silver.

President and CEO, Bruce Carruthers, reported that "An additional gold-bearing quartz vein in the vicinity of the 'Baseline Vein', the 'Lucky Linda' vein, which extends for over 1,000 metres on surface, has been trenched, sampled and sent for assay. Assay values will be reported when received. At least 5 more veins in the over 100 gold-bearing veins contained within Q-Gold's holdings at Mine Centre remain to be trenched and sampled in the upcoming Fall Exploration Program, which is now being formulated. The program will also include core drilling of additional gold targets on the Corporation's 30,000 plus contiguous acres of patents, Crown Leases and mining claims in the Archean granite/ greenstone rocks present at Mine Centre."

Kevin Leonard, P.Geo., is the Qualified Person as defined under NI 43-101 who took the samples and prepared them for assay. He has reviewed and approved the technical content of this press release.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious metals on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario's Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections.

SEC 12g 3-2(b) Exemption # 82-4931

Neither the 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.

CONTACT INFORMATION:

Q-Gold Resources Ltd.
Corporate Inquiries
J. Bruce Carruthers II
President
1-888-779-0166
Website: www.qgoldresources.com

or

AGORACOM Investor Relations
Investor Relations
Email: QAU@Agoracom.com
Website: www.agoracom.com/IR/Q-Gold

Fort Frances, Ontario, July 17, 2009 – Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce that it has closed the second tranche of its previously announced non-brokered flow-through private placement (the "Offering") for gross proceeds of $126,000. Combined with the previously announced closing (see press release dated June 30, 2009), the Company has received aggregate gross proceeds of $526,000 from the Offering.

Pursuant to the Offering, the Corporation issued 3,150,000 units ("Units") at a price of $0.04 per Unit. Each Unit consists of one common share of the Corporation issued on a “flow-through” basis (a "Flow-Through Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to acquire one additional non-flow-through common share at an exercise price of $0.06 within 12 months from issuance and $0.10 thereafter within 24 months of issuance.

Also, pursuant to the Offering, the Corporation paid Jennings Capital Inc. a cash finder's fee of $5,000 and issued them 250,000 finder’s fee warrants ("Finder's Warrants"). Each Finder’s Warrant entitles the holder to acquire one Unit (a “Finder’s Unit”) at an exercise price of $0.04 for a period of 24 months from issuance. The Finder’s Units issuable upon exercise of the Finder's Warrants are comprised of one common share and one-half of one Warrant.

All securities issued in connection with the Offering will be subject to a four month restriction from resale as stipulated under applicable securities legislation and the TSX Venture Exchange. It is contemplated that the Flow-Through Shares will entitle the holders to a 100% CEE tax deduction as set forth under the Income Tax Act (Canada).

Proceeds from the Offering will be used by Q-Gold for continued gold exploration on the Corporation’s 30,000+ acres of patents, Crown leases and Crown mining claims in the historic (1890’s) gold camp at Mine Centre, Ontario.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario’s Rainy River Greenstone

Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company’s expectations and projections. Neither the 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.

CONTACT INFORMATION

Corporate Inquiries
Q-Gold Resources Ltd.
J. Bruce Carruthers II,
President
1-888-779-0166
http://www.qgoldresources.com

Investor Relations
AGORACOM Investor Relations
http://www.agoracom.com/IR/Q-Gold
QAU@Agoracom.com

Dear Q-Gold Shareholders,

In our ongoing efforts to provide market information and/or commentary, we are pleased to provide you, with Industry Sector Bulletins discussing current market opinions regarding Gold.

Regards,
AGORACOM

INDUSTRY BULLETIN: Job woes? Experts say gold mining to become a growth industry amid recession

By Amy Fuller

Job seekers watching employment prospects wither and lay-offs mount amid the recession might consider joining the gold rush, and a northern Ontario school is hoping to educate that next wave of underground workers.

Many investors see gold as a hedge against inflation - when the dollar sheds value and can't buy as much, people hoard gold. In recent years, the price has hovered under US$1000 an ounce.

Mining consultant Alan Gorman says base metal prices dropped considerably after the economy collapsed last year. Now, companies are doing more exploration for gold, hoping to revive old mining sites or find new ones in Canada and Africa.

Gorman says companies like Vale Inco, Xstrata and Teck Cominco that primarily produce base metals have either closed mines or made cutbacks over the last nine months. Those that focus on gold, such as Barrick Gold Corp. and Kinross Gold Corp., are "on the upswing."

"In terms of new employment, I'd say you'll probably see more happening with the gold companies."

Someone has to extract the precious metal, and it's not a matter of simply shaking a pan and plucking out the nuggets.

The northern Ontario town of Haileybury is home to a mining school that hopes to benefit from a spike in applications as the gold sector enjoys a bull market.

Don Hillier, a professor at the Haileybury School of Mines about three hours northeast of Sudbury, Ont., runs a mining engineering technician program that prepares students for careers ranging from entry-level to management.

Over the course of two years, students complete modules by watching lectures and reading study guides online. Subjects include math, physics and chemistry, as well as technical communication and safety.

"A mine is like a miniature city," Hillier says, explaining the emphasis on technical coursework. "They can have their own water treatment plant, garages, and some even have their own hydro facilities."

Mines employ a variety of people, from engineers to pipe fitters to welders, "not just mining people per se," Hillier says. "They constitute only about one per cent of the overall workforce."

Until two years ago, the technician program required that students study at the Haileybury campus of Northern College of Applied Arts and Technology. Now, students enrol from as far afield as the Northwest Territories or Alberta.

In many cases, they continue with full-time jobs and study part-time, travelling to Haileybury only two weeks per year for the practical portion of the program.

The new online format is modelled after a graduate mining engineering program at the Missouri University of Science and Technology. Hillier says it works well for parents with school-age kids who can study without uprooting their children.

While he would like to incorporate more hands-on learning, it's difficult to arrange. Students have to take time off work and travel long distances to attend.

In May, three students graduated from the re-vamped technician program. The inaugural class began with 22, but many are studying part-time and will take longer than two years to finish.

Graduate Pamela Sword of Thunder Bay, Ont., came to the program in her mid-40s after a 25-year career as an insurance underwriter. Tired of adjusting to multiple buyouts, she took a voluntary severance package and enrolled at Haileybury.

Online study allowed moves to Sudbury, Marathon and Thunder Bay, Ont., so her husband could focus on his career as a mining co-ordinator. Sword also chose Haileybury for its emphasis on geology, a personal fascination.

She says the program is a good option for people who have been laid off from other sectors, particularly if they have technical experience or live in remote areas with mine facilities nearby. Sword had no technical background and found the math requirements difficult. She studied close to 12 hours a day and graduated with honours.

For the hands-on portion of the program, students wear mine lamps, hard hats, steel-toed boots and reflective overalls. They venture into an old exploration adit, a horizontal tunnel drilled in the side of a hill, to practise checking for loose material and surveying.

"We learned that bats look really large when you're looking through the scope of a total station," Sword says, laughing.

Graduates of the technician program without previous mining experience can expect a starting wage of $45,000 a year, or a minimum of $20 an hour, Hillier says. Companies generally offer bonuses or extra compensation for working in isolated areas.

Sword is now three weeks into a job as a geologist technician with Australian-based Magma Metals Ltd. She says Magma is exploring for precious metals such as gold, platinum, nickel and copper.

"They have a really good showing here in Thunder Bay."

Sword said she loves spending her days with a geologist at camp sites, looking for and identifying minerals.

"When you get magma intrusions and it changes the rock and minerals leak out, it's just, wow."

The work environment is a big change, though. During her first week, she used a four-wheeler to back a boat into a lake with mineral deposits at the bottom. She also carries 20-to 30-kilogram boxes full of rocks.

"Technicians get to do all the hard stuff," she says.

Cambrian College in Sudbury offers a similar two-year mining engineering technician program. Students at Cambrian can extend their studies by one year to study geological engineering technology or mining engineering technology.

Link to Article

Fort Frances, Ontario, June 30, 2009 – Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce that it has closed the first tranche of its previously announced non-brokered flow-through private placement (the "Offering") with Toronto-based mining fund, the MineralFields Group (“MineralFields”) for gross proceeds of $400,000.

Pursuant to the Offering, the Corporation issued 10,000,000 units ("Units") at a price of $0.04 per Unit. Each Unit consists of one common share of the Corporation issued on a “flow-through” basis (a "Flow-Through Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to acquire one additional non-flow-through common share at an exercise price of $0.06 within 12 months from issuance and $0.10 thereafter within 24 months of issuance.

Also, pursuant to the Offering, the Corporation paid Limited Market Dealer Inc. ("LMDI"), a cash finder's fee of $20,000 and issued 1,000,000 finder’s fee warrants ("Finder's Warrants"). Each Finder’s Warrant entitles the holder to acquire one Unit (a “Finder’s Unit”) at an exercise price of $0.04 for a period of 24 months from issuance. The Finder’s Units issuable upon exercise of the Finder's Warrants are comprised of one common share and one-half of one Warrant.

All securities issued in connection with the Offering will be subject to a four month restriction from resale as stipulated under applicable securities legislation and the TSX Venture Exchange. It is contemplated that the Flow-Through Shares will entitle the holders to a 100% CEE tax deduction as set forth under the Income Tax Act (Canada).

Proceeds from the Offering will be used by Q-Gold for continued gold exploration on the Corporation’s 30,000+ acres of patents, Crown leases and Crown mining claims in the historic (1890’s) gold camp at Mine Centre, Ontario.

Bruce Carruthers, President and CEO of Q-Gold, remarked, “I am very pleased to be resuming our relationship with the Mineralfields Group in financing our gold exploration efforts at Mine Centre, Ontario. Since December 2006, Mineralfields has now provided four financings for our company totaling over $2.5 million.”

About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management), based in Toronto and Vancouver, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario’s Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company’s expectations and projections. Neither the 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.

CONTACT INFORMATION

Corporate Inquiries
Q-Gold Resources Ltd. J.
Bruce Carruthers II, President
1-888-779-0166
http://www.qgoldresources.com

Investor Relations
AGORACOM Investor Relations
http://www.agoracom.com/IR/Q-Gold
QAU@Agoracom.com

FORT FRANCES, ONTARIO-(June 18, 2009) - Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce that it has received assay results from 39 surface trench samples taken from the "Baseline Vein" on its over 30,000 acres of 100% owned prospective gold patents, Crown Leases and Mining Claims in the historic (1890's) gold camp of Mine Centre, Ontario. Weighted average assay values for the 39 samples equalled 11.8 grams/ tonne (g/t) of gold and 13.6 g/t of silver. Several high-grade intervals were intersected, including two samples yielding gold values at 84.1 and 44.5 g/t and silver at 32.0 and 39.0 g/t, respectively. Four other high-grade samples yielded gold from 19.5 to 24.0 g/t and silver from 21.0 to 34.0 g/t.

The results tabulated below represent surface samples collected from two separate areas along the exposed trace of the vein. Area One (i.e. 55018-55020) returned 12.37g Au and 13.47g Ag over an average vein width of 0.83m and a strike length of 25 meters. A total of 93.5 kg of sample material collected from Area Two (55017, 55021-55048) returned 11.61g Au and 15.19g Ag over a strike length of 15m. This section of the vein had been extensively blasted during an earlier program and a 1m x 1m continuous grid was established for sample control.

The results of additional infill sampling between Areas One and Two are pending. The Baseline Vein is exposed along strike in both directions and remains to be sampled.

Assays were performed by ALS Chemex Division (Vancouver) of ALS Canada Ltd., using Au 30g Fire Assay AA finish for gold and Ag-0G62 Aqua Regia Digestion for silver.

President and CEO, Bruce Carruthers, commented that "Q-Gold is pleased to uncover an additional high-grade gold and silver zone at Mine Centre. This new zone compliments our five historic gold mines, including past producers, the Foley and Golden Star, and at least 11 additional principal gold-bearing quartz veins controlled by Q-Gold which, as previously reported, have been trenched and sampled as we continue to explore and discover the gold and silver potential of the Mine Centre area, where over 100 quartz veins on Q-Gold's properties have recorded gold values."

Kevin Leonard, P.Geo., is the Qualified Person as defined under NI 43-101 who took the samples and prepared them for assay. He has reviewed and approved the technical content of this press release.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario's Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines near Crown King, Arizona and three prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections.

SEC 12g 3-2(b) Exemption # 82-4931

Neither the 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.

CONTACT INFORMATION:

Q-Gold Resources Ltd.
Corporate Inquiries
J. Bruce Carruthers II
President
1-888-779-0166
Website: www.qgoldresources.com

or

AGORACOM Investor Relations
Investor Relations
Email: QAU@Agoracom.com
Website: www.agoracom.com/IR/Q-Gold

FORT FRANCES, ONTARIO-(June 11, 2009) - Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce that it has executed a Mineral Processing Agreement with private parties entitling the Corporation to the exclusive right to process an estimated 100,000+ tons of stacked surface material which emanated from the historic Crown King Gold/ Silver Mine in the Bradshaw Mountains of Yavapai County, Arizona (the "Deposit").

According to historical reports, the Crown King Mine was one of the richest of over 2,000 gold and silver mines that existed in the Bradshaws from 1870 to 1912, when World War I terminated most mining activities. By 1920, over 400 million Dollars worth of gold and silver bullion reportedly had been shipped from Crown King (with gold value at $20.67/ ounce and silver at $1.08/ ounce). Although early production records are difficult to obtain (Arizona only became a U.S. state in 1912), U.S. Geological Survey Bulletin 782, Ore Deposits of the Jerome and Bradshaw Mountains Quadrangles, Arizona (1926), Waldemar Lingren, Author, on p. 168, contains the following quotation: "The Crown King group of eight claims, which has yielded a higher (bullion) production than any other deposit in the (Pine Grove) District. The figure given is $1,200,000". In 1904, a narrow gauge railroad was completed to permit shipment of Crown King ore and concentrates from the mountains to the valley below for processing. This data is not compliant with the requirements of NI 43-101 and is therefore unreliable. As a result, no verifiable ore reserve or mineral resource estimates can be provided for the properties at this time.

Q-Gold's agreement, in return for a cash payment to owners, allows the Corporation to process all mineral materials in the Deposit, which is located on the "Buckeye" Federal Patent that contains the original 1870 gold/ silver discovery shaft at Crown King. The agreement contains a primary processing term of 15 years and one 5-year extension by paying owners five annual advance royalty payments of $25,000 each, which are deductible against a future 1 1/2% net smelter return production royalty, one-half of which is purchasable by Q-Gold for US$ 500,000.

Q-Gold has initiated a trenching and drilling program to test the Deposit. Results from composite vertical channel samples taken on 8 trenches recently dug with a backhoe in the Deposit averaged 7.00 Au grams/ tonne (g/t) and 31.23 Ag g/t, and are detailed as follows. In addition a grab sample from the surface of trench 8 was assayed. Results are as follows:

Art Smith, Geo., consulting geologist and a "qualified person" under NI 43-101, supervised the trenching, sampling and assaying program detailed above and has reviewed and approved the technical content of this portion of this press release.

The Corporation is currently participating in a drilling and sampling program, which will determine average depth and grade of the Deposit, and provide composite samples for further metallurgical analysis and process evaluation.

Q-Gold also announced that, in addition to the ten (Federal) patented mining claims and three U.S. Bureau of Land Management ("BLM") mining claims it optioned last year (see press release dated March 26, 2008), the Corporation, it has acquired options on 3 additional patents at Crown King as well as 3 BLM mining claims in the Pine Grove and Tiger Mining Districts of Yavapai County. The Corporation now holds options on 13 patents and 6 BLM mining claims. Seven historical gold and silver mines are now included in the Company's optioned properties in Crown King's principal historical gold and silver producing units, the "Crown King", "Tiger", "Grey Eagle" and "War Eagle" quartz veins.

In view of the favourable outlook for precious metals prices, Q-Gold intends to focus its attention to existing mines with near-term development potential contained within its gold and silver properties at Mine Centre, Ontario and Crown King, Arizona, while holding its remaining Arizona copper properties for an improvement in the price of copper as the world's economies recover. The Corporation therefore announced that, in conjunction with a mid-year exploration review of its Arizona properties and in view of the dramatic reduction in the copper price over the past year, it has dropped its option on the "Courtland East" coppery porphyry prospect in Cochise County, Arizona (see press release dated October 23, 2008) and renegotiated its package of three Arizona copper prospects (see press releases dated May 27 and August 26, 2008) to obtain more favourable purchase option terms.

At Mine Centre, Ontario, after reviewing its exploratory holdings, the Corporation sold the Iron Ridge (Titano-magnetite) Prospect containing 5 Crown mining claims totalling 1,520 acres, to a private party for cash.

Q-Gold also announced the resignation of Mark Greasley as Director of the Corporation.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its extensive Ontario holdings in the historic Gold Camp at Mine Centre of 32,585 acres, including 5 historic gold mines. It also has options on 4,796 exploratory acres in the Rainy River Greenstone Belt. In addition, the Corporation holds options on six historic gold and silver mines near Crown King, Arizona and four prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections.

SEC 12g 3-2(b) Exemption # 82-4931

Neither the 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.

CONTACT INFORMATION:

Q-Gold Resources Ltd.
Corporate Inquiries
J. Bruce Carruthers II
President
1-888-779-0166
Website: www.qgoldresources.com

or

AGORACOM Investor Relations

Investor Relations
Email: QAU@Agoracom.com
Website: www.agoracom.com

Fort Frances, Ontario, April 8, 2009 – Q-Gold Resources Ltd. (TSX VENTURE:QAU)(FRANKFURT:QX9) (http://www.qgoldresources.com) is pleased to announce that it intends to complete a non-brokered private placement of up to $300,000 of common shares of the Corporation (the "Offering").

The Offering will consist of the issuance of up to 30,000,000 common shares (the "Common Shares") at a price of $0.01 per share for aggregate gross proceeds to the Corporation of up to $300,000.

Finders participating in the Offering, will receive a 10% cash finder's fee on the gross proceeds of the Offering.

Proceeds received from the Offering will be used to repay current payables, to finance general and administrative expenses and for other general corporate purposes.

The completion of the Offering is conditional upon the Corporation receiving all requisite regulatory approvals, including that of the TSX Venture Exchange.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its extensive Ontario holdings in the historic Gold Camp at Mine Centre of 32,585 acres, including 5 historic gold mines. It also has options on 4,796 exploratory acres in the Rainy River Greenstone Belt. In addition, the Corporation holds options on six historic gold and silver mines near Crown King, Arizona and four prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form 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, President1-888-779-0166
http://www.qgoldresources.com

Investor Relations
AGORACOM Investor Relations
http://www.agoracom.com/IR/Q-Gold
QAU@Agoracom.com

Hedge Fund Investors Turn To Gold In Bet Against Central Banks

By Henny Sender in New York and Javier Blas in London

Published: March 9 2009 02:00 | Last updated: March 9 2009 02:00

Hedge fund investors who made money last year by betting against investment banks are buying gold as a way of betting against central banks.

The gold bulls include David Einhorn, founder of hedge fund Greenlight Capital, who last year came under the spotlight for his short selling of shares in Lehman after arguing that the bank did not have enough capital to offset its exposure to falling property prices.

Other funds looking at gold include Eton Park and TPG-Axon, investors said.

Their belief in bullion is being expressed even as gold prices have retreated from last month's break above the $1,000 an ounce level. Spot gold in London closed on Friday at $939.10, after falling last week to $900.95 an ounce.

Investors such as Mr Einhorn are turning to gold because they are worried about the response of the US Federal Reserve and other central banks to the economic crisis. A bet on gold is a bet against paper currencies.

"The size of the Fed's balance sheet is exploding and the currency is being debased. Our guess is that if the chairman of the Fed is determined to debase the currency, he will succeed," Mr Einhorn wrote to investors.

"Our instinct is that gold will do well either way: deflation will lead to further steps to debase the currency, while inflation speaks for itself."

Mr Einhorn's comments - and the revelation that he is buying gold - are in line with the views held by other institutional investors in Europe, according to bankers in London.

The head of commodity sales at one bullion bank told the Financial Times that he had never been so busy dealing in gold for large investors.

Goldman Sachs, Morgan Stanley and UBSforecast that the gold price would rise above $1,000 this year.

Peter Munk, chairman of Barrick Gold, the largest bullion miner, told investors last week that all countries had embarked on policies that would favour gold.

"The only option to governments is to print and print more money," he said. "That will end in tears."

Hedge funds had avoided gold because it does not produce yield and costs money to store and insure. But that has become less important as central banks have pushed interest rates to nearly zero, reducing the yields on currencies.

"Basic Facts about Gold"-Jim Anthony-Chairman-Seabridge Gold
Friday, 27th February 2009

There are about 5 billion ounces of above ground gold supply worth about USD 5 trillion at current prices. Less than 5% trades annually. The above ground gold supply is growing at about 1.5% annually, the 300 year average.

New gold supply is price inelastic. If you double the gold price, production will fall as miners extend precious mine life by processing lower grades through fixed rate capacity. Building new capacity is the work of decades. Re-opening old mines is difficult and expensive and there are few worthwhile opportunities which have not been exploited. Meanwhile, discovery rates are declining, discovery costs are rising, mines are depleting and production is falling at about 5% per year. The world's best gold deposits have been found and mined.

Gold's highest and best use is in a vault as a store of value. It is not a commodity. Jewelry 'consumption' of gold is a traditional store of value. The industrial/medical uses of gold are diminimus. If gold had important other uses, there would be less of it and the price would be lower because it would be valued as a commodity subject to substitution effects. No other substance has the unique properties and a supply sufficient to act as an ultimate store of value which is why gold has had this role for at least 6000 years.

Gold is therefore a financial asset in physical form and sometimes a currency. It goes up in price when confidence in other financial assets [stocks, bonds] is falling and falls when confidence in these alternatives is rising.

Other financial assets have the advantages of convenience and income. Gold's advantage is that it is final settlement anywhere in the world. Gold backs itself whereas other currencies and financial assets merely represent, and depend upon, the countries and companies which issue them and stand behind them. Gold is a currency without a country or central bank...there is no issuer to inflate supply or default on its obligations.

There are approximately USD 140 trillion in other financial assets world-wide so the current value of above ground gold is about 4% of this total. In 1980, when inflation weakened confidence in stocks and bonds, the ratio was greater than 25%. It currently requires about 8 ounces of gold to buy the Dow, down from 44 in 1999. In 1980, the ratio reached 1 to 1.

Gold has no P/E or other standard valuation metric. Its price can go where the market decides. How much will the owners of USD 140 trillion in financial assets pay to protect themselves from deflation, inflation or default?

James S. Anthony

Sprott Says U.S. Depression Will Boost Gold Price

Feb. 3 (Bloomberg) -- Eric Sprott, the Canadian money manager who last year predicted banking stocks would collapse, said the U.S. is at the beginning of an economic depression that will help gold prices more than double.

Bullion may top $2,000 an ounce in coming years amid a series of financial catastrophes, the chairman and founder of Toronto-based Sprott Asset Management Inc. said yesterday in an interview. Banks will battle to replenish capital, Treasury auctions stand the risk of failing and the moribund economy will create a dire operating outlook for many companies, he said.

“The trend is down, and there’s not one signpost that says it’s changing yet,” Sprott said yesterday from Toronto. “We’ll stand by to wait to see those, and until it does, you have to assume it gets worse.”

Sprott, who manages $4.5 billion, said in March that the world was in a “systemic financial meltdown,” a call that presaged the collapse of financial institutions including Bear Stearns & Co. and Lehman Brothers Holdings Inc. Since then, the U.S. has entered the worst economic slowdown since the Great Depression, credit markets have tightened and asset prices have dropped as companies and funds sell portfolios to raise cash.

The 81-company Standard & Poor’s 500 Financials Index has dropped 62 percent since Sprott said on March 6 he was buying bullion and gold-producers’ shares, while shorting financial- sector stocks. Gold slipped 6.3 percent during the same period.

So-called short-selling allows speculators to profit from a stock’s decline by borrowing shares, selling them to raise cash and buying them later when the price drops to repay the debt.

Sprott Funds

Sprott Hedge Fund LP posted a one-year return of 9.9 percent, while Sprott Hedge Fund LP II rose 18 percent in the period, according to data posted on the company’s Web site. The Sprott Canadian Equity Fund dropped 37 percent.

Sprott now favors buying more gold stocks and bullion while selling the entire equity market short. Most at risk in the current climate are banks, discretionary consumer stocks and any companies needing to refinance debt, he said.

Sprott believes there is a chance that a U.S. Treasury auction will fail as countries use their resources to quell financial turmoil in their home markets, leaving less to help finance the world’s largest economy. That outcome will have a “catastrophic” impact, he said.

“When do people stop buying the credit of the country? That’s a tough question to answer, but it’s on a lot of people’s lips right now,” he said. “Each country has their own financial problem, so there’s no funding for anything external.”

Gold Investors

Such concerns have driven investors to the gold market, propelling the metal higher as other commodities have slumped and helping gold-producers’stocks almost double in the past three months.

Greenlight Capital Inc., a $5.1 billion New York-based hedge fund, has invested in gold for the first time, while Federated Investors Inc.’s $1.3 billion Federated Market Opportunity Fund, which outperformed 99 percent of rivals last year, now countsYamana Gold Inc. and Goldcorp Inc. among its largest investments.

Gold companies such as Newmont Mining Corp. and Kinross Gold Corp. have taken the opportunity to issue stock to bolster their own balance sheets.

Barrick Gold Corp. Chairman Peter Munk said last week he has been inundated with calls from wealthy investors seeking to buy gold to protect their capital.

“The window to raise money for gold stocks has blown open,” Sprott said. “The investing public has started to go to that one thing that they think it’s safe to invest in.”

Dear Investors,

Gold futures surged Friday, briefly topping $800 an ounce for the first time in more than a month, as wary investors returned to the safety of the precious metal. Gold for December delivery rallied $43.10, or 5.8%, to end at $791.80 an ounce on the Comex division of the New York Mercantile Exchange. It jumped 7.1% to $801.90 earlier, rising to above $800 for the first time since Oct. 16. The benchmark contract ended the week up 6.6%, the biggest weekly percentage gain since the week ended Sept. 19.

Click here to view the AGORACOM Blog.

Regards,

AGORACOM Investor Relations

Dear Investors,

Last night at the AGORACOM sponsored Roth China/Vegas Conference, keynote presenter Jim Rogers stated that “Gold will hit its inflation adjusted high of $2200.”

George Tsiolis, President of AGORACOM was in attendance at this exclusive event and reported on the Jim Rogers speech live via his cell phone to his twitter account. For a recap of Jim Rogers’ speech, follow the following link to George’s twitter account and/or his blog.

Follow George’s Twitter

George’s Blog

AGORACOM remains very bullish on Gold, as outlined within George’s extensive “Gold $1,000” blog entries.

Regards,
AGORACOM

FORT FRANCES, ONTARIO--(Oct. 23, 2008) - Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) announced that it has acquired an option from Bronco Creek Exploration Inc. ("BCE") to purchase a 100% undivided interest in the mineral and surface rights to mining claims containing two large Arizona porphyry copper prospects.

Arizona is the United States' leading copper producing state, with production worth over $5.5 billion in 2007.

The first prospect, "Courtland East", is located in Cochise County, approximately 15 miles north of the town of Bisbee, on the east side of the historic Courtland-Gleeson mining district, which produced high-grade copper/ gold ores from replacement bodies in Paleozoic sedimentary rocks. Using a new structural model BCE believes that large portions of a dismembered porphyry copper system in the district may lie to the east/ northeast of the historic district within the land position under option to Q-Gold. This consists of 4,995 acres of Arizona State Exploration Permits and 18 unpatented U.S. Federal Lode Mining Claims.

The second copper porphyry target, "Mesa Well", lies in Graham County along a regional trend of porphyry copper mineralization that stretches from the Safford District (Freeport McMoRan) to the San Manuel District (BHP-Billiton). The Mesa Well area is strongly enriched in metals including copper and gold. This is evidenced by the presence of numerous historic mines, prospects and outcrops with copper oxide mineralization along the western flank of the Pinaleno Mountains, which adjoins the optioned property to the East. The Mesa Well porphyry target lies just south of the Klondike District, a past producer of copper, lead and zinc mineralization from skarn and replacement deposits in limestones and porphyry-like occurrences.

The Mesa Well porphyry target was developed when a significant molybdenum anomaly (a minor but profitable constituent of most copper porphyries) was recognized in water well data from the property. Further investigation revealed a Laramide-Age dike swarm (a common feature of copper porphyries) exposed nearby in the Pinaleno Mountains projecting directly toward the molybdenum anomaly, enhancing the target. Copper oxide mineralization is exposed in faults developed along the projection of the dike swarm. The optioned property at Mesa Well encompasses 4,850 acres of Arizona State Exploration Permits. Both properties contain multiple, permitted locations which are ready to drill.

To obtain a 100% undivided interest in the Properties, Q-Gold has agreed to the schedule of cash payments, common share issuances, work commitments and advance royalty payments shown below, the initial cash payments of which have already been made. BCE is also entitled to a 2.5% Net Smelter Return ("NSR") production royalty.

Pursuant to the terms of the Option Agreement, Q-Gold can earn a 100% interest in each property by spending US$ 1.5 million in work, making cash payments totaling US$ 175,000 and issuing 500,000 common shares for each property over a three year period. Once the option is exercised, the properties will be subject to annual advance royalty payments of US$ 125,000 in September 2012 and 2013, increasing to US$ 150,000 and US$ 175,000 in 2014 and 2015, respectively, and US$ 200,000 annually thereafter. The annual advance royalty payments are creditable against BCE's NSR. In addition, the Company would issue an additional 1.5 million common shares to BCE for each property after exercising the option.

The Purchase Option Agreement is subject to the approval of the TSX Venture Exchange.

The optioned properties will be combined with previously announced optioned copper properties (see press releases dated August 26 and May 27, 2008) the "Ray" and "Troy" prospects and the Pinafore Mine, in a new 100%-owned subsidiary "Mineral Creek Copper Corp.".

President and CEO, Bruce Carruthers commented, "Although the copper price has dropped in the past few months, the long-term outlook is still favorable, with older, depleting mines, Asian demand and alternative energy requirements all pointing to long-term shortages of copper."

Brian A. Beck PG, CRS, Consulting Geologist, a Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this press release.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its extensive Ontario holdings in the historic Gold Camp at Mine Centre of 32,585 acres, including 5 historic gold mines. It also has options on 4,796 exploratory acres in the Rainy River Greenstone Belt. In addition, the Corporation holds options on six historic gold and silver mines near Crown King, Arizona and four prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections.

SEC 12g 3-2(b) Exemption # 82-4931

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: www.qgoldresources.com

or

Investor Relations

AGORACOM Investor Relations
Email: QAU@Agoracom.com
Website: www.agoracom.com/IR/Q-Gold

On September 15, we announced the commencement of 30-second television ads on Bloomberg and CNBC in the United States, as well as, BNN in Canada. Unlike search engine marketing, it can be used to be hard to measure the effectiveness of offline branding campaigns because potential new visitors don’t call you. If we were specifically marketing our IR services, you could measure the number of prospect calls or web inquiries.

Fortunately, we now have Google Trends. Google Trends analyzes how many searches have been done for a specific term, relative to the total number of searches for that specific term over time. In this case, I wanted to see the search trend for “AGORACOM” in the United States.

In order to make comparisons easy and put them in relative terms, Google assigns the searches over time a baseline score of 1.00. As such, anything above 1.00 since September 15 is a good sign and anything below 1.00 is a bad sign. How good or bad would depend on how far off 1.00 the trend is.

So what is the trend for AGORACOM so far? A Google Trends chart is worth 1,000 words:

The spike is so big that the baseline of 1.00 looks like we had no searches at all in 2008 when, in fact, the spike meant the chart had to be set to increments of 10. To put this into perspective, Imagine what the chart of a small-cap stock would look like if it was trading pretty healthy in and around $1.00 for most of the year and then suddenly spiked to almost $20.

I do concede this is still early and we will have to check this again in 30 days - but we are off to a great start.

AMERICANS SEARCHING FOR “GOLD STOCKS”

If you want to take a look at your own trends, go here. You can view a search trend for the entire world or for a specific country. The caveat is that Google Trends doesn’t give you reports on thinly traded search terms. As such, if your corporate name doesn’t register, try things like your industry. For example, I queried “Gold Stocks” and the following tells me that Americans are becoming VERY interested in them!

If you are a small-cap CEO and don’t recognize the power of Web 2.0 by now, I give up

Regards,
George

FORT FRANCES, ONTARIO - (Sept. 29, 2008) - Q-Gold Resources Ltd. (TSX VENTURE:QAU)(FRANKFURT:QX9) (http://www.qgoldresources.com) announced that at its Annual General Meeting of Shareholders held in Calgary on September 18, 2008, all matters submitted for vote, as contained in the Management Information Circular, were passed.

Effective September 19, 2008, Henry M. Meixner announced his resignation from the Board. The Board of Directors now consists of J. Bruce Carruthers II, Eugene Chen, Mark Greasley, William F. Mudon, and Wayne G. Young.

The Corporation also announced that eight underground samples from the "Jumbo" Vein encountered at the de-watered 150' level of the Foley Gold Mine near Mine Centre, Ontario. These include two mini-bulk samples of 67 and 57 pounds respectively, which have been sent for analysis to ALS Chemex to determine gold, silver and other metals content. Assay results will be announced when received from the laboratory.

De-watering activities at the Foley Mine have been suspended awaiting the procurement and installation of new equipment as required at depth. The Company will provide an update on the de-watering program once it resumes.

Kevin Leonard, P.Geo., Consulting Geologist, a Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this press release.

About Q-Gold Resources Ltd.

Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its extensive Ontario holdings in the historic Gold Camp at Mine Centre of 32,585 acres, including 5 historic gold mines. It also has options on 4,796 exploratory acres in the Rainy River Greenstone Belt. In addition, the Corporation holds options on six historic gold and silver mines near Crown King, Arizona and two prospective copper porphyries and one copper / zinc prospect in Arizona.

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 email all questions and correspondence to QAU@agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.

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 form the Company's expectations and projections.

SEC 12g 3-2(b) Exemption # 82-4931

The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

For more information, please contact

Dear Shareholders,
In an effort to keep you up to date on all pertinent information regarding the resource sector and more specifically the supply demand fundamentals of gold bullion, please see the latest AGORACOM Blog entry titled, "Bloomberg - Gold May Hit $950 As Central Banks and Miners Hold Back Sales."

Gold is up $64 to $844 as of 12:15 PM EST. I could end this post here and that one sentence could be the entire story.

However, like a good infomercial, “there is more!”. Specifically, Bloomberg is running a story that gold may hit $950 by the end of the year “as central banks and miners hold back sales and investors buy the metal as a haven against falling stock prices.”

The good news for gold bugs is that a $950 price isn’t tethered to simply a shaky stock market. Otherwise, a market turnaround on its own could quell the gold rush.

Rather, London-based researcher GFMS Ltd. states that Central Bank sales will drop 46 percent in 2008, while mine supply will decline for a third year. Specifically, with respect to mine supply, global mine production will drop 2.3 percent this year to 2,422 tons, the lowest since 1996 That is going to put great pressure on an already string tight supply issue.

Moreover, GFMS believes demand from investors worldwide will soar 38 percent to 778 metric tons, with purchases in east Asia more than doubling.

GRANDICH HITS THE NAIL ON THE HEAD AGAIN

If I didn know any better, I would think that Peter Grandich single-handedly sets the price of gold. For about the zillionth time over the last 3 years, Grandich once again pegged an overextended gold price (oversold or overbought) when he made this statement just 5days ago in his newsletter:

“I have just recorded the single most oversold condition for Gold since the great
bull market began at the start of this decade”

After a brief hiatus, it looks like gold is back and possibly stronger than ever.

Regards,
AGORACOM