Exploration Update

22 September 2011

Touchstone Gold

Exploration Update

Drilling Intersects 14.07g/t Gold Over 8.4m at Filodehambre

London, 22 September 2011 - Touchstone Gold Limited ("Touchstone Gold" or "the Company") (AIM: TGL) is pleased to announce the first set of assay results from its stage 3 drilling programme on its Rio Pescado Project located in Antioquia Department, Colombia.

·; Drilling intersects 14.07 g/t gold over 8.4m at Filodehambre

·; Initial drilling results show continuity of the vein

·; Grades continue to be high and close to surface

·; Current intercepts are first results from on-going new drilling programme

The Company reports assay results from the initial holes drilled at the Filodehambre Zone (see Fig. 1) of the current (stage 3) 5,000 metre drilling programme in the Filodehambre and Pepas Zones of the licence area. The Filodehambre and Las Pepas Zones of the property were the main focus of the Company's initial drilling campaign which involved two separate drilling programmes (stages 1 and 2 respectively) and which was undertaken prior to listing in June.

Initial drilling results for Filodehambre*:

* All samples collected were analysed utilizing ACME Analytical Labs of Vancouver BC., Canada and were subject to a 36 element ICP-MS analysis. Over limit samples were subject to gravimentric analysis.

The first 4 holes were aimed at demonstrating that gold mineralization extends down-dip and up-dip. The new results have confirmed the Company's initial expectations that the veins identified at Filodehambre through the stage 1 and 2 drilling programmes are continuous.

Fig 1. 2011 Drill Results - Filodehambre Zone

http://www.rns-pdf.londonstockexchange.com/rns/7037O_-2011-9-21.pdf

Touchstone Gold has previously announced that significant new zones of mineralization have been discovered to the East of the Las Pepas and Filodehambre region, in the Tagual area. Initial trenching and other exploration activities continue to confirm that the Rio Pescado project is attractive in terms of both grade and size of deposit. Further updates are anticipated during the coming weeks.

David Wiley, CEO of Touchstone Gold commented: "These initial assays from the current and on-going drilling programme are very exciting. The intercepts from Filodehambre confirm the near surface high-grade nature of the ore-body, demonstrate the continuity of the vein, and expand the parameters of the gold system in the area. These results are only the first of many that we expect to be receiving in the coming weeks with stage 3 drilling expected to continue until late 2011. This is an exciting time for the Company and its shareholders."

Mr. John Nicholson, P.Geo has reviewed and approved the technical information contained within this announcement in his capacity as a qualified person, as required under the AIM rules. Mr. Nicholson is chief geologist of the Company and is a Fellow of the Royal Geographical Society, has a BSc. from the University of British Columbia, and has been an accredited member of the Association of Professional Engineers and Geoscientists since 1992. Mr. Nicholson is supervising the work programmes on the Rio Pescado Project.

For further information please contact:

Touchstone Gold

David Wiley Tel. +1 647 260 1247

Chief Executive Officer

Collins Stewart Europe Limited

John Prior Tel. +44 20 7523 8350

Seb Jones Tel. +44 20 7523 8350

Merlin

Ian Middleton Tel. +44 20 7726 8400

Anca Spiridon Tel. +44 20 7726 8400

About Touchstone Gold

Touchstone is a gold exploration company and the 100% owner of the Rio Pescado Project in Colombia, comprising four concessions over a total area of 39 square kilometres in the highly prospective Segovia Gold Belt. With a philosophy of creating value by the systematic exploration and development of the Company's existing assets as well as the acquisition of suitable exploration and development mineral projects, the Company's long-term intention is to build a significant gold exploration and production company.