BCGold Corp.
TSX VENTURE : BCG

BCGold Corp.

April 25, 2007 11:58 ET

BCGold Corp. Stakes 210 Additional Claims and Consolidates Land Position in the Carmacks Copper-Gold Belt, Yukon

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 25, 2007) - BCGold Corp. ("BCGold" or "the Company") (TSX VENTURE:BCG) is pleased to announce the expansion of its Carmacks Copper-Gold Belt mineral claims package in Yukon by staking an additional 210 mineral claims (4,214 hectares).

The recently acquired claims consolidate the Company's ground position over newly defined copper-gold targets and mineralized showings in the vicinity of the Carmacks (Williams Creek) copper-gold deposit. More specifically, claims were staked to broaden coverage over a recent copper-sulphide discovery in foliated granitic rocks on the Company's Ice claims (Figure 1 - please refer to http://www.bcgoldcorp.com/news_042507.html). A detailed site investigation and sampling program is scheduled to be conducted by Aurum Geological Consultants Inc. in early May.

BCGold is the largest landholder in the Carmacks Copper-Gold Belt, holding title to 17 mineral properties (16,274 hectares) situated proximal and adjacent to Sherwood Copper Corp.'s Minto deposit and Western Copper Corporation's Carmacks (Williams Creek) deposits.

BCGold is in the process of finalizing 2007 exploration plans for the Carmacks Copper-Gold Properties. The Company is fully funded with a current working capital of $5.0 million. This news release can be viewed in its entirety on the Company's website at www.bcgoldcorp.com.

Carmacks Copper-Gold Belt Exploration Targets

The Minto and Carmacks deposits are structurally controlled, high grade bulk tonnage copper-gold deposits that are currently in the mine development and resource definition phases by their respective owners. Sherwood Copper Corp. is scheduled to commence commercial production at Minto in mid 2007 and Western Copper Corporation has recently commenced a 10,000 metre drill program along the Carmacks deposit trend.

BCGold's Carmacks Copper-Gold Properties were staked over areas with geological, geochemical and geophysical characteristics know to reflect near-surface, high grade structurally controlled copper-gold mineralization in the district.

Ownership Agreement

BCGold can acquire a 100% interest in the Carmacks Copper-Gold Properties by making $300,000 in cash payments, incurring a minimum of $900,000 in work expenditures and issuing 1,000,000 Units to Mr. Shawn Ryan of Dawson City, over a four year term.

Corporate Strategy

BCGold Corp. is a new resource-based junior mineral exploration company focused on exploration for precious and base metal deposits 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 quality joint venture partners.

ON BEHALF OF THE BOARD OF DIRECTORS

Brian P. Fowler, P.Geo., President and Chief Executive Officer

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.

Contact Information

  • BCGold Corp.
    Sacha C. Fernandes
    Manager, Investor Relations
    (604) 646-1581
    or
    BCGold Corp.
    Freeman R. Smith, P.Geo.
    VP of Corporate Development
    (604) 646-1583
    Website: www.bcgoldcorp.com