SOURCE: Ironwood Gold Corp.

Ironwood Gold Corp.

September 01, 2011 09:00 ET

Ironwood Gold Engages Snowden Exploration to Commence Field Work at Falcon Gold Property, Carlin Trend, Nevada

SCOTTSDALE, AZ--(Marketwire - Sep 1, 2011) - Ironwood Gold Corp. (OTCBB: IROG) ("Ironwood" or the "Company") is pleased to announce that Snowden Mining Industry Consultants Inc. (Snowden) has commenced the 2011 field exploration program on the company's Falcon Mine property located in the Carlin Trend area of Nevada, USA.

Snowden has reviewed all available historic documentation and data on the Falcon property. The first stage of the fieldwork will involve Snowden initiating detailed mapping of the area together with soil and rock-chip sampling. The results of the mapping and sampling will be used to develop a follow up gravity and IP geophysical program aimed at identifying subsurface mineralization.

Results of this initial program are expected by November 2011 and are focused on locating prime drill sites for subsequent testing for a potential Carlin-type gold horizon. Once the target sites have been identified, the company will begin a diamond drill program with the intent to confirm the mineralization potential within the localized geological model.

Commenting on the program, Ironwood's CEO, Bezhad Shayanfar, stated, "Once we initiate the field work we will be one step closer to identifying indicators of a Carlin-type mineral occurrence. We are excited to be working with Snowden who offer a proven record of exploration with junior miners and are enthusiastically looking forward to ultimately achieving positive results from the proposed drill program."

The Falcon Mine property is located in an area bordered by claims held by major global mining operators at the northern end of the Carlin Trend gold belt, the most prolific gold producing area in the USA and the 2nd most productive gold region in the world. The property is described in detail here: http://www.ironwoodgold.com/projects/redwood.aspx.

Ironwood has the right to earn a 50% interest through its staged investment on the property which is located near the confluence of Rock Creek and Dry Creek on the west side of Nevada's Tuscarora Mountains approximately 15 miles from the mining town of Midas. The Falcon mine was discovered over 100 years ago and remained relatively unproductive because gravity or amalgamation separation processes were never employed and the area at that time was far from rail access to a smelter.

A silver deposit was discovered in 1876 and initially two 300-foot shafts called the Falcon and Scorpion were sunk to access the high grade silver vein. By 1901 over $10 million in gold and silver ore had been produced from the mine. In 1965 the mine owner at the time produced a 30 lb. vein sample that assayed at 1403 g/t silver (94.3% recovery) and 0.3 g/t gold. The ore had accessory arsenic and antimony mineralization commonly associated with gold mineralization. The mine has never been tested at depth.

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. For more information visit: www.ironwoodgold.com.

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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