Maxy Gold Corp.
TSX VENTURE : MXD

Maxy Gold Corp.

February 21, 2008 09:00 ET

Brian Booth Joins Maxy Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 21, 2008) - Maxy Gold Corp. (TSX VENTURE:MXD) ("Maxy") is pleased to announce that Brian Booth, P.Geo., has joined the board as an independent director. Mr. Booth has explored for nickel-copper, precious and base metal deposits throughout Canada, Europe and southeast Asia for over 22 years. He is at present CEO and president of Lake Shore Gold Corp., and prior to that was Manager of Exploration - North America and Europe of Inco Limited, one of the world's largest mining companies.

In order to make way for Mr. Booth, Maxy has reluctantly accepted the resignation of David Black as a director. Mr. Black has provided careful guidance to the Company for many years, for which Maxy is grateful.

Maxy's president Andre Gauthier stated: "I have known Brian for many years and look forward to working with him on Maxy's future plans."

The Company has granted a total of 1,095,000 incentive options exercisable for 5 years at $0.40 per share to employees, consultants, directors and officers of the Company.

About Maxy Gold Corp.

Maxy Gold is focused on the acquisition, exploration and responsible development of precious and base metal properties in China, while building key strategic alliances. Maxy is well financed with over US$4.2 million on deposit. The Company has an exploration project underway on the MIDU joint venture in Yunnan province where gold mineralization has been identified, and has a strategic joint venture alliance in Qinghai Province with Western Mining Co. Group, Ltd. one of China's largest mining and development companies.

As part of the quality assurance program, systematic core rejects and pulp samples and standards (approximately 20%) are shipped directly to ALS Chemex in Vancouver and re-assayed. ALS Chemex is an ISO 9002 registered laboratory.

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

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