KFG Resources Ltd. reported today that it had connsolidated revenue ...

KFG Resources Ltd. reported today that it had connsolidated revenue (unaudited) for the three months ended July 31, 2008, of US$291,116 (unaudited), compared to US$123,651 (unaudited) for the three months ended July 31, 2007, resulting in a net income (unaudited) of US$120,293, compared to a net loss (unaudited) of US$50,458 for the three months ended July 31, 2007.   Total assets at July 31, 2008, (unaudited) were US$2,747,851 compared to US$2,957,592 at April 30, 2008.   The Company reported a deficit (unaudited) at July 31, 2008, of US $1,830,345, compared to a deficit of US$l,950,638 at April 30, 2008.   The Company had outstandding 42,147,311 common shares at July 31, 2008.

The Company's common shares are listed on the TSX Venture Exchange, Vancouver, B.C., trading symbol "KFG".   For additional information, please contact Mr. Robert A. Kadane, President, at (303) 825-7080.

James F. Gilbert
Secretary

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release."