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Aurcrest Gold Announces Grant of Stock Options TSXV Symbol: AGO

Share Capital & Compensation

AURCREST GOLD INC.

AURCREST GOLD ANNOUNCES GRANT OF STOCK OPTIONS

TSXV Symbol: AGO FOR IMMEDIATE RELEASE JULY 19, 2011

TORONTO, ONTARIO- (July 19, 2011) - AurCrest Gold Inc. (“AurCrest” or the “Company”) (TSX-V:AGO) wishes to announce that an aggregate of 1,350,000 options to purchase common shares of the Company at $0.20 per share for five (5) years have been granted to six (6) directors (600,000) and eight (8) officers and consultants (750,000) of the Company.

The grants are subject to acceptance by the TSX Venture Exchange.

FOR FURTHER INFORMATION PLEASE CONTACT:

AurCrest Gold Inc.

Ian Brodie-Brown President and C.E.O.

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

[email protected] www.aurcrestgold.com

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.