March 17, 2008 06:00 ET

Boxxer Gold Corp.: Soil Sampling Extends Copper-Silver Mineralization at Boyer Ranch

CALGARY, ALBERTA--(Marketwire - March 17, 2008) - Boxxer Gold Corp (TSX VENTURE:BXX) ("Boxxer" or the "Corporation") announces the results from a reconnaissance soil sampling program completed at its Boyer Ranch copper-silver project located in the Table Mountain Mining District, Churchill County, Nevada. The Boyer Ranch project, consisting of approximately 1,360 acres, is located within the Humbolt mafic complex approximately 120 miles east of Reno. Boxxer has acquired a two year option to purchase 100% of the Property.

The soil sampling was completed to explore the contact along strike of two zones of high-grade copper-silver mineralization that coincide with three IP chargeability anomalies. The IP anomalies are interpreted to represent the down dip extensions of the copper-silver mineralization exposed in the Upper and Lower zone exposed by a trenching program in 2007.

Background Highlights:

A summary of the mapping, trenching, and geophysical surveys completed on the Boyer Ranch property in 2007 is set out below. The trenching program exposed two separate zones (Upper and Lower) of copper mineralization.

Samples from the Upper Zone averaged 1.63% copper and 5.49 ppm silver. This zone has a minimum strike length of 200 feet, and is open along strike and down dip, with an estimated true thickness of 10 feet where exposed.

Samples from the Lower Zone is located approximately 850 feet south of the Upper Zone averaged 3.53% copper and 10 ppm silver. This zone has a minimum strike length of 200 feet over an estimated true thickness of 13 feet.

Three partially defined Induced Polarization ("IP") anomalies; two of which are associated with the Upper and Lower zones of copper-silver mineralization were also located in 2007.

a) Anomaly #1 measures 300 feet wide and 850 feet long and is interpreted to represent the down-dip extension of the Upper zone of copper-silver mineralization.

b) Anomaly #2 measures at least 900 feet wide and has been partially defined down dip (to the northeast) and along strike to the southeast of the Lower Zone suggesting disseminated sulfide mineralization may be present at depth in that direction.

c) Anomaly # 3 is interpreted to be the extension of the Lower Zone along strike to the northwest. This anomaly has not been fully delineated and ranges from 150 to 300 feet wide, is at least 750 feet long and is open to the northwest.

Soil Sampling Highlights:

a) The first soil anomaly correlates with geophysical anomaly # 3 and is located 100 m east of the Lower Zone. This anomaly measures approximately 350 m long and is open to the west towards geophysical anomaly # 2. Copper values within this anomaly range from 523 to 1,890 parts per million ("ppm").

b) The second soil anomaly is located approximately 500 m east of the Lower Zone of copper-silver mineralization. This anomaly is approximately 300 m long with copper values ranging between 140 ppm and 328 ppm. This anomaly is open to the east.

c) The location of these two soil anomalies extends the potential zone of copper-silver mineralization over a total strike length of 700 m along the contact

Mr. Elmer Stewart, President and CEO of Boxxer stated, "the results the 2007 exploration program demonstrate the potential of the property to host significant copper-silver mineralization. The proximity of the geophysical anomalies, the Upper and Lower zones of mineralization and the geochemical anomalies makes an excellent drilling target".

Quality Control

The soil sampling program was completed using a sample interval of 100 metres along a single traverse line. A total of 10 samples were collected over a distance of 1,000 m east of the Lower Zone. The samples were analyzed by ALS Chemex located in Vancouver, British Columbia using the following analytical packages ME-ICP-41 and Au-AA24. Boxxer follows a rigorous Quality Assurance/Quality Control program consisting of inserting standards, blanks and duplicates into the sample stream submitted to the laboratory for analysis.

Elmer B. Stewart, MSc. P. Geol., President of Boxxer, is the Corporation's nominated Qualified Person pursuant to National Instrument #43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.

Clarification Regarding November 2007 Private Placement

Boxxer wishes to disclose a correction in the finders fee commission paid to Gateway Securities Ltd. for their participation in the private placement which closed November 21, 2007. Gateway has been paid a finders fee of $27,825 in cash and 278,250 Broker Warrants.

About Boxxer Gold Corp.

Boxxer Gold is a Canadian junior resource company that has an option to earn a 65% interest in the Nalesbitan gold deposit. The Nalesbitan gold deposit has a current mineral resource of 7.4 million tonnes at an average grade of 1.15 g/t gold. Boxxer is also involved in the exploration of copper-gold porphyry and Iron-Oxide-Copper-Gold projects in the state of Nevada, and a shear hosted gold project located 110 kilometres north of Yellowknife NWT, Canada.

Forward Looking Statements: This news release contains forward - looking information including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations and potential mineral recovery processes. Forward - looking information includes disclosure regarding possible future events, conditions or results of operations that is based on assumptions and therefore, involves inherent risks and uncertainties. For any forward looking information given, management has assumed that the analytical results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements. For such statements, we claim the safe harbour for future.

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

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