TORONTO, ONTARIO--(Marketwire - Jan. 18, 2010) – Guardians of Gold announced today that it has engaged Covehill Consulting, Inc. ("Cove Hill") of New York and Vermont US to advise the Company to initiate and direct an effort to raise $3,500,000 and additional merger strategies. Such funds are to be used in exploiting the Company's gold project at the Ross Mine in Holtyre, Northern Ontario. In connection to which, a report under the guidelines of National Instrument 43-101 has been completed. "We are particularly pleased in this engagement," said Jordan Starkman, President of Guardians of Gold, "David Russell, the principal of Cove Hill is an experienced investment banker and corporate advisor with over forty years of his career spent in the financial services arena. His background an


About Guardians of Gold Inc.
Guardians of Gold Inc. ("Guardian") is a Canadian based mining company that is focused on exploring for precious and base metals. The company is focused on acquiring precious metal properties with proven reserves through strategic joint ventures and property acquisitions.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings.

Contact:
Guardians of Gold Inc.
Investor Relations
Website: www. guardiansofgold.com
E-mail: investor@guardiansofgold.com

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