Pinecrest Resources Advances Enchi Gold Project, Ghana - Seite 2

Resource Expansion Exploration Program

Field work will evaluate several targets with a goal of defining additional targets for resource expansion drilling. Follow-up on high priority drill targets outside of the current Inferred Resources will include previously drilled gold mineralized zones at: Eradi, Boin NW, Sewum South, Achimfo and the Sewum-Tokosea. Additional work will be completed to advance high priority airborne electromagnetic, geophysical, and structural targets on the 568 km² Project. Field work will consist of geological mapping, trenching, auger drilling, and geochemical sampling.

Environmental Baseline Study and Environmental Impact Study

The Company is anticipating starting the Environmental Baseline Study in 2015. The data and results will be used in the preparation of an Environmental Impact Study for a potential open pit, heap leach operation.

Additional information as well as a copy of the Technical Report detailing the recently completed Preliminary Economic Assessment are available at www.sedar.com and on the Company's web site www.pinecrestresources.com.

Mr. Gregory Smith, P. Geo. Vice President, Exploration of Pinecrest is the qualified Person as defined by NI 43-101 and has prepared and approved the technical data and information in this news release.

About Pinecrest

Pinecrest is a British Columbia corporation that is based in Vancouver, B.C. The Company engages principally in the acquisition, advancement and development of precious mineral properties and the Company intends to advance and develop the Company's 100% owned Enchi gold project located in South West Ghana. Major shareholders of the Company include; Red Back Mining Ghana Ltd. (wholly owned subsidiary of Kinross Gold Corp.), Sandstorm Gold Ltd. and Management.

On Behalf of the Board of Directors

PINECREST RESOURCES LTD.

Ryan King, President, Director

Completion of the Transaction is subject to a number of conditions, including TSX Venture Exchange acceptance and if applicable shareholder approval. The Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.