Toronto, Ontario - Kinross Gold Corporation (TSX-K;
NYSE-KGC) ("Kinross") announced that it has acquired 205,000 common
shares of Cumberland Resources Ltd. ("Cumberland") through the
facilities of the Toronto Stock Exchange. As a result of this
transaction, Kinross has acquired an aggregate of 5,642,500 common
shares of Cumberland representing 10.37% of the issued and
outstanding shares of Cumberland.