SOURCE: Ironwood Gold Corp.

Ironwood Gold Corp.

July 12, 2010 09:00 ET

Ironwood Gold Updates Activities at Nevada Gold Properties

SCOTTSDALE, AZ--(Marketwire - July 12, 2010) -  Ironwood Gold Corp. (OTCBB: IROG) (the "Company") is pleased to provide a recent progress report regarding activities at the Cobalt Canyon, Haystack and Rock Creek gold properties in Nevada.

At the Cobalt Canyon property located in the Chief Mining District of Lincoln County, Nevada, gold anomalies have been delineated in several areas using soil geochemistry. Two soil samples taken near the Gold Chief Mine assayed greater than .12 opt (ounces per ton) gold. Six diamond drill holes are to be drilled and are planned for a total footage of 3000 - 4000 feet. Drilling targets include gold-bearing areas at the Advance, Gold Chief, Gold Stake, Old Democrat and Lucky Hobo mines. Project data includes an independently authored 2009 N.I. 43-101 compliant report which offers the opinion that Cobalt Canyon appears to have potential for 1.5 million ounces of gold -- and possibly considerably more -- as either an open-pit or underground target. 

At the Haystack property located on the eastern slope of the Antelope Range in Pershing County, Nevada, areas with elevated gold concentrations were outlined and assay results from soil sampling indicate additional gold-bearing areas are present. The objective on the Haystack property is to define deep drilling targets leading to the discovery of gold mineralization hosted in granodiorite‐related quartz veins.

Permitting for core drilling at Cobalt Canyon and Rock Creek is underway. Several Drilling Companies have been contacted and contracts will be announced as soon as possible. Improvement of existing access roads to the drill sites is to be done in July with drilling at Cobalt Canyon slated to begin by the end of July or early August. Drilling at the Rock Creek Claims on the Carlin Trend is planned for early this fall. Roads accessing Rock Creek are slated to be upgraded in anticipation of the drilling program.

This progress report was issued by Brian Bond, Ironwood Gold's General Manager of Exploration on July 5, 2010.

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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