BCGold Corp.
TSX VENTURE : BCG

BCGold Corp.

September 14, 2009 09:15 ET

BCGold Corp.-Kaminak Gold Corp. Ammend Voigtberg Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2009) - BCGold Corp. ("BCGold" or the "Company") (TSX VENTURE:BCG) is pleased to announce that the Company and Kaminak Gold Corp. ("Kaminak") have amended the Voigtberg Option Agreement entered into on August 18, 2006, subject to TSX Venture Exchange approval (See news release dated September 15, 2006).

In consideration for 100,000 BCGold Corp. common shares, to be issued to Kaminak within 15 days of TSX Venture Exchange approval, the following agreement components have been amended:

- A one year extension to fulfill certain option terms in order to acquire interests in Kaminak's Voigtberg property, originally requiring BCGold to incur $1,000,000 in eligible exploration expenditures by September 15, 2009 to earn a 50% interest.

- A one year extension to issue and deliver 100,000 BCGold Units to Kaminak, originally requiring BCGold to issue said Units on September 15, 2009.

- A one year extension to incur an additional $350,000 in eligible exploration expenditures on or before September 15, 2009, and the extension by one year of the date by which BCGold must incur an additional $650,000 in eligible exploration expenditures, on or before the end of September 15, 2010, for an additional 10% interest in the Property.

BCGold has incurred $919,000 in eligible exploration expenditures on the Voigtberg Property to date by conducting geological mapping, sampling, soil geochemical and airborne geophysical surveys, and limited diamond drill programs in 2006 and 2007. The exploration focus has been the "Gold Zone", partially defined over a 300 metre strike length and a 2006 drill hole intersection of 51.15 m averaging 1.03 g/t gold, including an 18.17 metre segment averaging 1.87 g/t gold.

"The Voigtberg property remains a cornerstone gold property for BCGold. We are very grateful that Kaminak has agreed to amend this option agreement and accommodate BCGold's exploration agenda," cites Brian P. Fowler, P.Geo., President and C.E.O. of BCGold.

About BCGold Corp.

BCGold Corp. (TSX VENTURE:BCG) is a Vancouver-based junior resource company focused on copper and gold exploration in under-explored historic mining and exploration districts in British Columbia and Yukon. BCGold Corp. acquires and develops conceptual, early and mid-stage, exploration opportunities and advances them towards resource development by using internal expertise, engaging preferred joint venture partners, and creating strategic alliances with major exploration and mining companies.

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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