BCGold Corp.
TSX VENTURE : BCG
PINK SHEETS : BCGOF

BCGold Corp.

July 05, 2011 08:40 ET

BCGold Corp. Announces Completion of Airborne Geophysics at Engineer Gold Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 5, 2011) - BCGold Corp. (TSX VENTURE:BCG)(PINK SHEETS:BCGOF) (or the "Company") is pleased to announce SkyTEM Canada Inc. has completed a 600 line-kilometre, helicopter-borne geophysics program covering the Engineer Gold Mine and surrounding Gold Hill properties in northwestern British Columbia. The SkyTEM deep penetrating, Time-Domain Electromagnetic / Magnetic (TDEM) survey is an integral part of the ongoing $1.5 million exploration and development program (see press release June 23, 2011).

The SkyTEM survey is designed to delineate the Shear Zone 'A' bulk tonnage target and other gold-bearing structures beyond the historic mine workings. Other targets include the 2.2 km long Shear Zone 'B' bulk tonnage prospect; the narrow vein, high-grade Happy Sullivan and Sweepstake prospects; and the Hub A and B prospects which both saw limited historical production. Field personnel are utilizing preliminary results from the survey to provide additional focus for on-going geological mapping and trenching efforts, with the expectation to further define targets for the upcoming drilling program scheduled to commence in September.

Darren O'Brien, P.Geo., Vice President Exploration for BCGold Corp., is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical contents of this news release.

About the Engineer Mine

BCGold Corp. owns a 60% interest in the Engineer Mine property with an option to earn a 100% interest.

Engineer Mine was a high-grade gold producer that came to peak production in the mid-1920s and ceased operation in the early 1930s primarily due to water ingress issues. More than 560 kilograms of gold and 278 kilograms of silver were officially produced at realized grades exceeding 39 g/t Au and 20 g/t Ag, from high-grade epithermal quartz-carbonate veins on six of eight mine levels.

There are more than 25 known veins on the property and only four have undergone limited production and exploration to date. All veins remain open at depth and little exploration has been conducted deeper than 200 metres below surface.

In October 2010 the Company consolidated its land position around Engineer Mine by signing an option agreement to acquire a 100% interest in the adjacent Gold Hill property. The 2,100 hectare Gold Hill property includes the Happy Sullivan high-grade gold epithermal prospect and a 2.2 kilometre segment of the highly prospective Shear Zone "B" structure.

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 and emerging mining 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. Kinross Gold Corporation holds 9% equity interest in BCGold Corp.

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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