AurCrest Gold Announces Additional Staking in Birch Lake Greenstone Belt

TORONTO, ONTARIO- (Feb. 28, 2011) - AurCrest Gold Inc. ("AurCrest" or the "Company") (TSX-V:AGO) wishes to announce that it has acquired 73 mining claim units totaling of 2,920 acres located 110 km east northeast of Red Lake, Ontario. The Company’s newly acquired claims are 100% owned in the northern part of the Birch Lake Greenstone Belt, and situated to the west and contiguous to the AurCrest Richardson Lake Property.

The claims were staked by AurCrest in order to acquire the favorable volcanic geological trend along the north shore of Joneston Lake and north of Mink Lake along strike to the west from AurCrest’s Discovery Zone gold showing situated on the North Shore of Richardson Lake. The newly acquired ground hosts a number of historic gold occurrences, which were sporadically explored in the 1980s. The Company is continuing to stake claims in the area of the Birch Lake Greenstone Belt.

Trevor Boyd, P.Geo., a qualified person as defined by National Instrument 43-101 (“NI 43-101”), Vice President of Exploration supervised the preparation of the technical information contained in this press release in compliance with NI 43-101.

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.

Contacts:

Ian Brodie-Brown AurCrest Gold Inc.

President and C.E.O.

(416) 368-2929 (416) 601-1450 (FAX)

[email protected] www.aurcrestgold.com