Choice Gold Corp.
CNSX : CHF

Choice Gold Corp.

May 16, 2011 09:45 ET

Choice Gold Corp. Stakes Additional Claims Adjacent to Sugarloaf Peak Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2011) - Choice Gold Corp. (CNSX:CHF) ("Choice Gold" or the "Company") is pleased to announce that it has staked an additional 111 claims adjacent to its Sugarloaf Peak Gold Project in southwestern Arizona. The majority of the new claims are located to the southeast of the claims already being explored by Choice Gold and were staked in order to cover areas deemed as prospective for gold mineralization based on the new aeromagnetic survey Choice Gold completed during April as part of its initiation of a major exploration effort in the district. The new claims cover the southern structural trend and expand the potential area for the project. The additional claims bring the Sugarloaf Peak Gold Project's land position to a total of 297 claims covering an area of approximately 24 square kilometers.

"The team we've assembled is moving very quickly to advance the Sugarloaf Peak project," said Gianni Kovacevic, Choice Gold's President & CEO. "This recent staking work ensures that Choice has control over the prospective area along the strike of the historical zone of mineralization and positions us well to add value to this asset in 2011."

About Choice Gold Corp.

Choice Gold Corp. was created to acquire and advance select, high-potential mineral projects and thereby unlock shareholder value. With this goal in mind, the company has entered an option agreement with Riverside Resources Ltd. to acquire a 100% interest in the Sugarloaf Peak Gold Project just west of Quartzsite, Arizona. Sugarloaf Peak covers approximately 24 km² and was the subject of intermittent drilling and small-scale mining from the 1950's through to the 1990's. The project is the subject of a historical, non-National Instrument 43-101 compliant mineral resource and Choice Gold has a mandate to prove its economic viability. For more information about Choice Gold please visit our website at www.choicegoldcorp.com.

Certain statements contained in this release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward -looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward -looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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