BCGold Corp.
TSX VENTURE : BCG

BCGold Corp.

March 17, 2008 09:30 ET

$2 Million Exploration Program Recommended for BCGold Corp.'s Engineer Mine Property, British Columbia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 17, 2008) - BCGold Corp. ("BCGold" or the "Company") (TSX VENTURE:BCG) is pleased to announce that a $2 million surface and underground exploration program has been recommended for the Company's historic high-grade gold Engineer Mine property. The Company is in receipt of a technical report prepared by Mr. Clive Aspinall, M.Sc., P.Eng., recommending that 5,000 metres of diamond drilling be completed on the Company's near-surface, bulk-tonnage gold Shear Zone "A" target.

Historic underground chip sampling across Shear Zone "A" supports the premise that this mineralized structure could host a 0.5 million - 2 million ounce, 6-12 g/t gold deposit. This potential quantity is conceptual in nature. There has been insufficient exploration to define a mineral resource on Shear Zone "A" and it is uncertain that further exploration will result in this target being delineated as a mineral resource. Shear Zone "A" has not been systematically explored by diamond drilling.

Mr. Aspinall's technical report also discusses recommendations for dewatering the existing underground workings to the 6th Level, mine rehabilitation and underground mapping and sampling. Suggested sampling includes a 500 kilogram bulk sample from the high-grade Engineer Vein on the 6th Level.

BCGold is reviewing the technical report and recommendations in the context of on-going studies and 3-dimensional modeling of the Engineer Mine vein system. The Company intends to conduct a staged exploration program at Engineer Mine in 2008. BCGold has an option to earn 100% interest in the Engineer mine property with no underlying royalties.

2007 Exploration Results

In 2007, BCGold completed a $250,000 exploration program on the Engineer Mine property. The field portion of this program encompassed a preliminary environmental review by Golder Associates, a comprehensive geological overview, rock sampling, re-logging of select drill core, and confirmatory underground mapping and sampling of the 5th Level workings. Mr. Clive Aspinall, P.Eng., M.Sc., and a Qualified Person as defined by National Instrument 43-101, performed geological work for the 2007 program on behalf of Aurum Geological Consultants Inc., and has reviewed the technical content of this news release.

BCGold has been actively compiling all available historic mine data and has developed a 3-dimensional model of the Engineer Mine using VULCAN™ software and in-house technical expertise. This model will provide the basis for a preliminary resource estimate and will also be used for exploration planning purposes. Images of BCGold's Engineer Mine VULCAN™ model can be viewed on the Company's website.

The Engineer Mine Property

The Engineer Mine property is situated 32 kilometres west of Atlin, British Columbia and 140 kilometres south of Whitehorse, Yukon. The mine is a historic high-grade gold producer that reached its zenith in the mid-1920s. More than 560 kilograms of gold was produced at a realized grade exceeding 39 g/t Au from high-grade epithermal quartz-carbonate veins on 5 mine levels. All veins remain open at depth and no exploration has been conducted deeper than 200 metres below surface.

About BCGold Corp.

BCGold Corp. (TSX VENTURE:BCG) is a Vancouver-based junior resource company focused on base and precious metal exploration in under-explored historic mining and exploration districts in British Columbia and Yukon. BCGold acquires and advances conceptual, early and mid-stage, quality exploration opportunities towards resource development utilizing internal expertise and by engaging preferred joint venture partners.

On behalf of the Board of Directors,

Brian P. Fowler, P. Geo., President & CEO

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future payments, expenditures and unit issuances and exploration, development and production activities. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing of future payments, expenditures and unit issuances and the timing and success of future exploration, development and production activities.

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

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