BCGold Corp.
TSX VENTURE : BCG

BCGold Corp.

March 27, 2008 09:30 ET

BCGold Corp. Announces Amendment to Toodoggone Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 27, 2008) - BCGold Corp. ("BCGold" or the "Company") (TSX VENTURE:BCG) announces that the Company and Stealth Minerals Limited ("Stealth") have amended the Toodoggone Option and Joint Venture Agreement (the "Toodoggone Agreement") entered into on September 15, 2006 (See press release September 19, 2006), subject to TSX Venture Exchange approval.

The amendments comprise the following components:

- the extension of the expiry dates of the 225,000 common share purchase warrants issued by the Company to Stealth on April 2, 2007, each warrant originally exercisable for one common share until April 2, 2008 at a price of $0.75 per share (See press release April 2, 2007), by one year to April 2, 2009; and

- the extension by one year of the dates by which BCGold must fulfill certain option terms in order to acquire interests in Stealth's Sickle-Sofia, FogMess and Louis properties, originally requiring the Company to spend $1 million on each property over a three year period to earn a 51% interest and $2 million on each property over a four year period to earn a 60% interest.

The parties believe that the amendments are mutually beneficial to BCGold and Stealth. They provide BCGold additional time to follow-up last year's significant porphyry copper-gold discovery on the Sickle-Sofia property (See press release November 6, 2007) and provide Stealth an additional year to potentially benefit from any equity upside in BCGold.

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

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

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