BLG Bear Lake Gold Ltd.

Bear Lake Gold Ltd. (the "Company") (TSX VENTURE:BLG) is pleased to announce the
results of an initial mineral resource estimate and an update on the drilling
program at the Bear Lake zone of its Larder Lake Project located on the prolific
Cadillac-Larder Lake Break in the mining district of North-Eastern Ontario. 


The Bear Lake zone resource estimate prepared by P&E Mining Consultants Inc. of
Brampton Ontario, an independent geological and mining consulting firm, stands
at 3,750,000 tonnes grading 5.67 g/t gold in the Inferred category for a total
of 683,600 ounces of gold. The zone remains open on strike and at depth.


Bear Lake Zone - NI 43-101 Mineral Resource Estimate

Following the completion of a 14,074m drilling program on the Bear Lake zone in
2011, the Company contracted P&E Mining Consultants Inc. ("P&E") of Brampton
Ontario to complete a NI 43-101 compliant mineral resource estimate on the Bear
Lake zone. P&E used the 88 surface drill holes available and conducted a
re-sampling program in order to confirm the validity of the data. Assays used in
the resource estimate were capped at 75.0 g/t gold and grades were estimated
using the inverse distance cubed method. The resource model domains covered a
400m strike length to a depth of 1.3km from surface. 


Inferred resources estimated by P&E are: 3,750,000 tonnes at 5.67 g/t gold for
683,600 ounces of gold. (1,2,3,4) Resources are reported using a 2.5 g/t gold
cutoff and a minimal horizontal thickness of 2.0 m. 




1.  Mineral resources which are not mineral reserves do not have
    demonstrated economic viability. The estimate of mineral resources may
    be materially affected by environmental, permitting, legal, title,
    taxation, sociopolitical, marketing, or other relevant issues. 
2.  The quantity and grade of reported Inferred resources in this estimation
    are uncertain in nature and there has been insufficient exploration to
    define these Inferred resources as an indicated or Measured mineral
    resource and it is uncertain if further exploration will result in
    upgrading them to an Indicated or Measured mineral resource category. 
3.  The gold price used in this estimate was the May 31, 2011 two year
    trailing average of US$1,207/oz. Process recovery was 95%. Mining costs
    were $75/ tonne and Processing and G&A costs were $20/tonne. Exchange
    rate used was $0.95USD = $1.00 CDN. 
4.  The mineral resources in this press release were estimated using the
    Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM
    Standards on Mineral Resources and Reserves, Definitions and Guidelines
    prepared by the CIM Standing Committee on Reserve Definitions and
    adopted by CIM Council. 



The Bear Lake mineralized zone is located approximately 2 km east of the
Cheminis zone where a recent mineral resource estimate outlined Indicated
resources of 335,000 tonnes at 4.07 g/t gold for 43,800 ounces of gold and
Inferred resources of 1,391,000 tonnes at 5.22 g/t gold for 233,400 ounces of
gold (see news release of April 13, 2011).


The Table 1 shows the combined resources of the two zones. 



------------------------------------------------------------------
                              Table 1                             
------------------------------------------------------------------
                        Larder Lake Project                       
            Combined Mineral Resources - June 2011 (1)            
------------------------------------------------------------------
Location               Indicated                 Inferred         
------------------------------------------------------------------
                   Tonnes  Grade  Ounces     Tonnes  Grade  Ounces
                                                                  
Bear Lake Zone          -      -       -  3,750,000   5.67 683,600
Cheminis Zone     335,000   4.07  43,800  1,391,000   5.22 233,400
TOTAL             335,000   4.07  43,800  5,141,000   5.55 917,000
------------------------------------------------------------------

1.  Resources are reported using a 2.5 g/t gold cutoff and a minimal
    horizontal thickness of 2.0 m. The gold price used was US$1,207/oz.
    Process recovery was 95%. Mining costs were $75/ tonne and Processing
    and G&A costs were $20/tonne. Exchange rate used was $0.95USD = $1.00
    CDN. Mineral resources which are not mineral reserves do not have
    demonstrated economic viability. 



Both zones remain open on strike and at depth and additional exploration is
required to assess the additional potential of both zones. In addition other
targets remain unexplored, including the Fernland zone where hole #13, completed
in November 2007, intersected 13.1 g/t gold over 6.0m near surface. This
exploration potential combined with the growth potential of the Bear Lake and
the Cheminis resources enhance the significance of the Larder Lake project
located in a mining area that benefits from all the infrastructures readily
available at close proximity. 


Bear Lake zone - Drilling update

The last two holes were completed in May 2011 and hole 87A intersected 3.7 g/t
gold over 1.0 m in the flow mineralization between 927.6 and 928.6. Hole 88 was
abandoned due to technical problems. A complete results table is available on
the Company's website. The diamond drilling program is now completed and drills
have been demobilized from site. The Company will review different options for
the continuation of the exploration program at Larder Lake and announce its
plans shortly. 


QA/QC

The Company has implemented a rigorous QA/QC program independently set up and
supervised by P&E Mining Consultants Inc. of Brampton, Ontario. The program
includes chain of custody of samples, drill core sawn in half and shipped in
sealed bags to Laboratoire Expert, a certified assay laboratory located in Rouyn
Noranda, Quebec. Blank samples, blind duplicates and certified standards are
also inserted in the sample stream. Samples with gold values higher than 10g
Au/t are systematically re-analysed, and samples containing visible gold are
also analysed systematically with the metallic screen analysis. 


Qualified Persons

The Bear Lake and the Cheminis resource estimate was undertaken by Independent
Qualified Persons Antoine Yassa, P.Geo. , Eugene Puritch, P.Eng. and Tracy
Armstrong, P.Geo, of P&E Mining Consultants Inc. Mr. Puritch, President of P&E
has reviewed and approved the contents of this press release insofar as the
Cheminis and Bear Lake mineral resource estimates are concerned. 


P&E Mining Consultants is completing a technical report for the mineral resource
estimate at the Bear Lake zone in compliance with NI 43-101 to be filed on SEDAR
within 45 days of this press release. A technical report for the mineral
resource estimate at the Cheminis zone was posted on Sedar on May 27, 2011. 


The other technical information contained in this press release was prepared and
approved by Francois Viens, President and CEO of the Company. Mr. Viens is a
'qualified person' within the meaning of that term under NI 43-101. 


Forward-Looking Information 

This news release contains certain "forward-looking information" under Canadian
securities laws. All statements that address future plans, activities, events or
developments that the Company believes, expects or anticipates will or may occur
are forward-looking information. Specifically, this news release contains
forward looking information about the Bear Lake and Cheminis mineral resources
and their potential expansion, the Company's plans for future work program to be
carried out at Larder Lake, and results and timing of exploration programs..
Forward looking information is based upon assumptions by management that are
subject to known and unknown risks and uncertainties beyond the Company's
control, including risks related to mining exploration and the availability of
financing for companies such as the Company. There can be no assurance that
outcomes anticipated in the forward looking information will occur, and actual
results may differ materially for a variety of reasons. Accordingly, readers
should not place undue reliance on forward-looking information. The Company
undertakes no obligation to update publicly or otherwise revise any
forward-looking information, except as may be required by law.


About Bear Lake Gold

Bear Lake Gold Ltd. is engaged in the exploration of gold and precious mineral
properties in North America. Additional information about the Company is
available on the Company's website, www.bearlakegold.com and on SEDAR at
www.sedar.ca.

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