SOURCE: Ironwood Gold Corp.

Ironwood Gold Corp.

October 12, 2010 09:00 ET

Ironwood Gold Completes Geochemical Survey at Rock Creek Project, Nevada

Carlin Trend Property Prepares for Geophysical Survey in Preparation for Upcoming Drill Program

SCOTTSDALE, AZ--(Marketwire - October 12, 2010) -  Ironwood Gold Corp. (OTCBB: IROG) (the "Company") is pleased to advise that the soil sampling program previously announced September 20th at the Company's Rock Creek Bluto and Dry Creek Claims located at the north end of the highly productive Carlin Trend has been concluded.

Carlin Trend Geological Services has completed mobile metal ion ("MMI") and SGS soil gas sampling over the southern part of the Bluto and Dry Creek Claims targeting the highest potential for economic grade gold-silver mineralization. Over five hundred MMI and 152 soil gas samples have been sent for laboratory analysis. Both sampling methods are known to have the ability to detect gold mineralization and will not only provide results for gold and silver concentrations in the soil, but will also identify the presence of several key pathfinder elements such as arsenic, mercury and antimony.

The Company has contracted the highly regarded firm of Walcott and Associates, Ltd. to commence a deep penetrating Induced Polarization/Resistivity ("IP") geophysical survey over the same area covered by the geochemical soil survey. This survey will not only detect shallow disseminated sulphides that could indicate gold and silver mineralization in the upper volcanic rocks but also sulphides that may occur in the underlying Carlin Trend sediments that host the typical prolific Carlin Trend type gold deposits.

Currently, drilling operators are being contacted so that as soon as the geochemical and geophysical results have been evaluated, bids for drilling operations can be solicited. It is anticipated that drilling will begin in November with bidding to be submitted as soon as the number of drill targets and proposed depths have been determined.

Ironwood's VP of Exploration, Dr. Howard Lahti PH D., P. Geo., is enthusiastic regarding the exploration progress made on the Rock Creek Project to date. He is optimistic that Carlin Trend type gold mineralization is expected to be found and stated, "I am very pleased with the exploration work completed and planned for this property. So far MMI and several test lines using SGS soil geochemical method have been completed and are in the laboratories being processed. Once the deep penetrating geophysical survey to be conducted by Walcott has been completed, it is anticipated that significant gold and gold-silver drill targets will be identified and then tested by RC drilling in November."

The 1,640 acre Rock Creek property consists of 82 unpatented U.S. federal mining claims in the Tuscarora Mountains of northern Nevada. This region hosts mineralization known as Carlin North which is situated within a zone of "world class" gold endowment where the potential to find a large, high-grade, gold mine is very favorable. The Company has secured an independent 3rd party National Instrument (N.I.) 43-101 compliant report detailing the mineral potential of the claims which indicates that Rock Creek, with its geographical, geological and structural setting, provides clear indications of gold with the capability to host a 1 - 5 million ounce deposit with the potential of greater than 5 million ounces.

Additional details regarding the Company and its agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.ironwoodgold.com.

ABOUT IRONWOOD GOLD CORP. (OTCBB: IROG)
Ironwood Gold Corp. is a mineral exploration and development company building a portfolio of prospective properties containing known deposits of strategic precious metals in politically stable, mining-friendly North American districts with recognized production histories.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD

Ironwood Gold Corp.
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Behzad Shayanfar, CEO

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