BCGold Corp.

BCGold Corp.

January 18, 2008 08:00 ET

BCGold Corp. and Kaminak Gold Corp. Expand Gold Zone at Voigtberg Property, Northwestern B.C.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2008) - BCGold Corp. ("BCGold" or the "Company") (TSX VENTURE:BCG) and project partner Kaminak Gold Corp. ("Kaminak") (TSX VENTURE:KAM) wish to announce that assay results have been received for the Company's 2007 diamond drill program on the Voigtberg Au-Cu-Mo Property, situated 40 km east of the high-profile Galore Creek Cu-Au-Ag project in northwest British Columbia.

A 4-hole, 587 m drill program tested 1 new geophysical and geochemical target (North Zone) and followed-up last year's significant "Gold Zone" drill hole intercept of 51.15 m @ 1.03 g/t Au, including 18.17 m @ 1.87 g/t Au in drill hole VGT06-05. Significant results are tabulated below.

Table 1. Voigtberg Property
2007 Significant Drill hole Intersections

From To Interval Au Cu Mo
Drill hole (metres) (metres) (metres) (g/t) (ppm) (ppm)
VGT07-08 3.64 31.10 27.46 0.16 203 5
36.48 113.10 76.62 0.22 488 13
169.15 194.80 25.65 0.22 219 5

VGT07-09 4.26 45.60 41.34 0.18 144 191
Including 4.26 18.26 14.00 0.15 118 509
64.71 100.32 35.61 0.14 168 19

VGT07-10 40.00 116.40 76.40 0.41 168 32
Including 51.68 91.2 39.52 0.48 156 27
Including 54.72 71.5 16.78 0.72 15 46

A Gold Zone step-out hole to the west and a North Zone drill hole (VGT07-11) were cancelled and abandoned respectively, owing to difficult pad building and drilling conditions. The Gold Zone has now been partially defined by 6 drill holes over a strike length of 300 m and remains open along strike and at depth.

Gold Zone Drilling Results

Drill hole VGT07-10 was collared 75 m north-eastward of 2006 drill hole VGT06-05 and intersected a series of pyritic andesite/dacite flows and lapilli tuff, cut by a multitude of narrow monzonite dykes. A broad interval of low grade gold mineralization, averaging 0.41 g/t Au over 76.40 m, is associated with this geology. Within this interval a 16.78 m segment averaged 0.72 g/t Au.

Drill hole VGT07-08 was collared 250 m south of hole VGT06-05 to test the southern limits of the Gold Zone and this hole intersected similar geology and mineralization with comparably low gold grades (0.16 - 0.22 g/t Au) over appreciable widths (25.65 m to 76.62 m).

North Zone Drilling Results

Drill hole VGT07-09 was collared in the middle of the North Zone copper-molybdenum soil geochemical anomaly and coincident induced polarization (I.P.) chargeability anomaly. This hole intersected mainly pyrite-bearing dacite/andesite flows with rare monzonite dykes. A near-surface interval of 41.34 m averaged 0.18 g/t Au and 0.019% Mo, including 14 m of 0.05% Mo from 4.26 m to 18.26 m. The North Zone I.P. anomaly remains open to the north.

2007 Exploration Program

BCGold and Kaminak completed a two-phase, $500,000 exploration program at Voigtberg in 2007. As a precursor to the diamond drilling described above, a property-wide, 404 line kilometre airborne geophysical survey was conducted by Fugro Airborne Surveys Corp., utilizing their proprietary frequency domain electromagnetic "DIGHEM" and standard magnetometer systems. Interpretation was provided by consulting geophysicist Mr. Jan Klein, P.Geo., P.Eng.

Geological mapping and prospecting was performed throughout the property, focusing on recently acquired ground to the east and south of the known zones of interest. A total of 322 soil samples (grid and contour) and 8 silt samples were collected; silt samples throughout the property contain highly anomalous values in gold, copper and molybdenum, consistently at the ninety-fifth percentile or greater for regional government silt sample results.

All aspects of the 2007 Voigtberg exploration program were supervised by Equity Engineering Ltd. of Vancouver, British Columbia. All samples were analyzed by ALS Chemex, North Vancouver, BC, using ICP-AES (ME-ICP41) analyses for trace element geochemistry and fire assay for gold (Au-AA23). Murray Jones, P.Geo. is the Qualified Person for the purposes of National Instrument 43-101 and has reviewed the technical content of this news release.

About the Joint Venture Agreement

BCGold has an option to acquire up to 60% interest in the Voigtberg Property by making $2,000,000 in exploration expenditures over four years and by issuing 400,000 units of BCGold to Kaminak Gold Corporation. BCGold can earn an additional 10% interest in the Property by completing a bankable feasibility study, for a total earn-in of 70%.

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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