AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX VENTURE:AGO) wishes to
announce that it is offering up to 10,000,000 common shares priced at $0.20 per
Share for gross proceeds of up to $2,000,000 (the "Offering"). The Corporation
may pay finder's fees and/or commissions of up to 8% in cash and compensation
warrants to acquire that number of common shares equal to 8% of the number of
Shares subscribed for with each compensation warrant exercisable at a price of
$0.20 per common share for a period of one year from closing.


The financing is subject to regulatory approval.

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, except as required by law. Shareholders are
cautioned not to put undue reliance on such forward-looking statements.
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