SOURCE: Drake Gold Resources Inc.

June 13, 2006 16:26 ET

/ KILL - Drake Gold Resources Inc.

CENTURY CITY, CA -- (MARKET WIRE) -- June 13, 2006 -- Editors and other readers are advised to disregard the news release with the headline, "Drake Gold Resources Inc. Announces 100% Acquisition of Pegasus Oil Well Services as Part of the Expansion Into Oil and Gas Development," issued earlier today by Drake Gold Resources Inc. (PINKSHEETS: DKGR). It was issued in error by the company.

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