Masuparia Grants Incentive Stock Options

Masuparia Gold Corp. (TSX.V: MAS) ("the Company") announces that subject to TSX Venture Exchange approval, has granted 1,200,000 stock options to directors, officers and consultants of the Company. The options are set for a period of 5 years, expiring on January 18, 2017, and will allow the holder to purchase a common share in the Company at a price of $0.22. A portion of the options will be subject to vesting over a period of one year in accordance with Exchange regulations. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from date of grant.

About Masuparia
Masuparia is a Canadian mineral exploration company focused on grassroots exploration projects with world class potential. Masuparia currently has an exploration project in Saskatchewan, the Greywacke Lake gold project, which is in a JV with Golden Band Resources (MAS 51%/ GBN 49%) and is at an advanced stage with several known high-grade gold-bearing zones. The Resource estimate on the Greywacke North Zone is 184,000 tonnes at 8.4 g/t Au (NI 43-101, Wardrop 2008).

On Behalf of the Board of Directors
Masuparia Gold Corp.

Ron Netolitzky, President & CEO

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

For further information contact: Tony Perri - Investor Relations at 604-685-8592
Or Raju Wani of Wani Capital at 403-240-0555
Suite 611, 675 W. Hastings Street Vancouver, British Columbia, Canada V6B 1N2