BOXXER GOLD CORP.

BOXXER GOLD CORP.

March 24, 2005 09:00 ET

Boxxer Announces Initial Gold Assays from Gordon Lake


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BOXXER GOLD CORP.

TSX VENTURE SYMBOL: BXX

MARCH 24, 2005 - 09:00 ET

Boxxer Announces Initial Gold Assays from Gordon Lake

CALGARY, ALBERTA--(CCNMatthews - March 24, 2005) - Boxxer Gold Corp.
(TSX VENTURE:BXX) announced today fire assay results from the first
seven of 10 diamond drillholes from the recently completed Gordon Lake
drilling program. Fire assay results for the final three holes will be
available shortly, at which time a full set of results with
interpretation will be available The Gordon Lake property is situated
approximately 110 kms northeast of Yellowknife, NWT and is accessible
from the Lupin winter road which traverses the west side of the property.

The Gordon Lake property hosts medium to high grade coarse gold
mineralization in a north-northeast trending quartz vein system. Quartz
veining and quartz stockwork appear within Archean age turbidites of the
Burwash Formation and intermediate to mafic volcanics of the Cameron
River Formation. This is a similar host to that of the Giant Yellowknife
and Con gold mines located in Yellowknife, NWT.

Boxxer is very pleased with these results, in that based on preliminary
geological interpretation, the results have confirmed the presence of
medium to high grade gold mineralization, similar to that found in the
1988 drilling.



Summary of Significant Intersections from
Current Drilling Program

Drill From To Length Au
Hole (m) (m) (m/ft) (g/t:oz/t)
----------------------------------------------------------------------

Main Zone:
VLM-05-09 16.15 16.98 0.83/2.7 3.11/.10
VLM-05-10 20.27 21.11 1.45/4.75 4.12/.13
VLM-05-11 44.14 44.50 .66/2.2 1.29/.04

South Zone:
VL9-05-06 44.70 51.35 6.65/21.8 5.61/.18
Incl. 44.70 47.40 2.70/8.9 3.74/.12
And 49.30 51.35 2.05/6.7 10.37/.33
VL9-05-07 43.75 45.41 1.67/5.4 4.29/.13
VL9-05-08 58.30 61.02 2.71/8.8 20.35/.65
Incl. 60.48 61.02 0.54/1.8 86.0/2.76

Union Zone:
VLU-05-04 32.22 37.59 5.37/17.6 3.42/.11
Incl. 32.22 34.92 2.7/8.8 4.34/.14
And 37.0 37.59 .59/1.9 8.80/.28


Sample integrity was maintained via a consistent sampling regime. The
same orientation of core was sampled through each zone to eliminate bias
sampling. All drill core was split in the field and sent to Acme
Analytical Laboratories Ltd.for a metallics gold assay. A coarse
metallics assay comprises the crushing, pulverizing and sieving to
-100mesh of a 500 -1000 g sample. The total coarse fraction, +100 mesh,
is fire assayed and a one assay ton sample of the fine fraction (-100
mesh) is also fire assayed. The grade of both fractions is reported and
based upon the weighted average of the two fractions. Detection limit is
0.01 g/tonne. This is considered the most accurate assay method for
analyzing coarse gold.

Mr. Gary Vivian is the consulting geologist to Boxxer who managed the
drilling program and also acts as the company's Qualified Person who has
reviewed the information contained in this news release.

Boxxer Gold Corp. is a Canadian mineral exploration company focused
primarily on the exploration of high-value gold projects with near-term
development potential. Headquartered in Calgary, the Company closed its
Initial Public Offering in 2003; its shares are listed for trading on
the TSX Venture Exchange under the symbol BXX.

If you wish to receive company press releases via email, please advise
Alison Tullis at alison@chfir.com

FORWARD-LOOKING STATEMENTS: Except for statements of historical fact,
all statements in this news release -including, without limitation,
statements regarding production estimates and future plans and
objectives of Boxxer - are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate; actual results and future events
could differ materially from those anticipated in such statements.


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Boxxer Gold Corp.
    Colin Christensen
    President
    (403) 410-1303
    (403) 266-4124 (FAX)
    Email: colin@boxxergold.com
    Website: www.boxxergold.com
    or
    Cavalcanti Hume Funfer Inc., Investor Relations
    Cathy Hume
    CEO
    (416) 868-1079, Ext 23
    Email: cathy@chfir.com
    Website: www.chfir.com
    or
    Cavalcanti Hume Funfer Inc., Investor Relations
    Linda Armstrong
    Vice President
    (416) 868-1079, Ext 229
    Email: linda@chfir.com
    Website: www.chfir.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.