The Company wishes to thank Mr. Bond for his service to the Company as a director. Ralf Hillebrand, President & CEO

SHOSHONI GOLD LTD.

609-475 HOWE STREET, VANCOUVER BC V6C 2B3

TEL: (604) 318-1448 FAX: (604) 682-5281 [email protected]

TSX VENTURE EXCHANGE SYMBOL: SHJ

News Release

April 29, 2012

Director Resignation

Shoshoni Gold Ltd. (the “Company”) announces that Mr. Jeremy Bond has tendered his resignation as a director of the Company effective immediately.

The Company wishes to thank Mr. Bond for his service to the Company as a director.

On behalf of the Board,

Ralf Hillebrand, President & CEO

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 Statement This document contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration plans and other future plans and objectives, are forwardlooking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company’s documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.