SOURCE: Ranger Gold Corp.

March 29, 2010 09:30 ET

Ranger Gold Corp. Announces Major Land Acquisition

CARSON CITY, NV--(Marketwire - March 29, 2010) - Ranger Gold Corp. (OTCBB: RNGC) -- Ranger Gold Corp. (the "Company" or "Ranger") is pleased to announce it has increased its Nevada landholdings by more than 40% with the acquisition of the Truman property. 

The Truman property consists of 52 unpatented mineral claims and covers eight epithermal gold-silver targets. It is located near the center of the prolific Walker Lane trend, which hosts such significant deposits as the Goldfield District with 5.9 million ounces of gold production and reserves and the Comstock District with historic production of 8.4 million ounces of gold and 193.5 million ounces of silver. 

Previous exploration on the property is extensive and has helped define high-grade gold and silver values occurring in veins, and low-grade gold values occurring in bulk minable configurations.

Ranger plans to do a detailed review of historic data and then proceed with an exploration program to test previously identified high-grade zones.

"The addition of such a major property to our portfolio marks another important milestone in the development of our company," said Gary Basrai, President, "It increases our land base significantly and further enhances our potential for world class gold-silver exploration in the State of Nevada. We plan on approving a budget and commencing drilling as soon as possible."

Ranger has the right to earn a 100% interest by making certain annual property option payments and by accruing minimum exploration expenditures.

About Ranger Gold Corp.

Ranger Gold Corp. (OTCBB: RNGC) is a US-based resource exploration company exploring for gold in proven gold regions of Nevada. It is focused on discovering and developing low-cost gold assets in order to provide maximum return for its shareholders.

Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at http://www.sec.gov.

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