MILL CITY GOLD CORP. - GRANT OF INCENTIVE STOCK OPTIONS

TSX VENTURE SYMBOL "MC"

CALGARY, Jan. 5 /CNW/ - MILL CITY GOLD CORP. ("Mill City" and/or the "Company") has today granted to certain officers, directors and a consultant of the Company incentive stock options to purchase a total of 1,650,000 common shares of the Company under the Company's current stock option plan.  The options will vest as to 25% upon the date of grant and 12 ½% every quarter thereafter with an expiry date of January 5, 2016 and are exercisable at a price of $0.15 per share.

ON BEHALF OF THE BOARD OF DIRECTORS

"James R. Brown"

James R. Brown

Chairman, President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.


SOURCE Mill City Gold Corp.

For further information:

James R. Brown at 403-640-0110 or visit the Company's website at www.millcitygold.com

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Mill City Gold Corp.

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