FORT FRANCES, ON, Aug. 18, 2009 - Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http://www.qgoldresources.com) announced that it has contracted a Diamond core drill rig for a series of sections across the Company's gold-bearing McKenzie Gray quartz vein on the southwest portion of its over 30,000 acre holdings at Mine Centre, Ontario. Subject to the completion of preliminary line-cutting, the rig should be onsite before month-end.

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.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