VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 13, 2011) - Meadow Bay Gold Corporation (the "Company") (TSX VENTURE:MAY)(FRANKFURT:20M)(WKN:A1C3DN) is pleased to announce drill results from its its Colorback Gold Project located 12 miles north of Barrick's Pipeline Mine in northern Nevada (see below location map prepared by Geoinformatics)
To view the map accompanying this release please click on the following link: http://media3.marketwire.com/docs/0414may.jpg
One trench and four core holes were drilled in the Colorback Gold Project prior to its acquisition by the Company. Highlights from the drill program are noted below:
| Hole_Id | M From | M To | Interval Width meters | Gold Grade ppb | Intercept Description (1000ppb = 0.0292opt gold) |
| CB-01 | 67.67 | 71.63 | 3.96 | 4,080 | 3.96m @ 4,080.96 ppb |
| CB-01 | 88.09 | 90.98 | 2.89 | 627 | 2.89m @ 627.38 ppb |
| CB-01 | 95.86 | 97.38 | 1.52 | 763 | 1.52m @ 763.00 ppb |
| CB-01 | 101.19 | 102.41 | 1.22 | 2,052 | 1.22m @ 2,052.00 ppb |
| CB-01 | 106.98 | 108.51 | 1.53 | 787 | 1.53m @ 787.00 ppb |
| CB-01 | 109.27 | 113.39 | 4.12 | 2,742 | 4.12m @ 2,742.44 ppb |
| CB-01 | 143.56 | 144.93 | 1.37 | 628 | 1.37m @ 628.00 ppb |
| CB-01 | 169.32 | 170.84 | 1.52 | 301 | 1.52m @ 301.00 ppb |
| CB-01 | 172.52 | 173.74 | 1.22 | 397 | 1.22m @ 397.00 ppb |
| CB-02 | 57 | 58.83 | 1.83 | 664 | 1.83m @ 664.00 ppb |
| CB-02 | 115.52 | 117.04 | 1.52 | 861 | 1.52m @ 861.00 ppb |
| CB-03 | 75.9 | 78.64 | 2.74 | 904 | 2.74m @ 904.34 ppb |
| CB-04 | 54.56 | 57.61 | 3.05 | 3,655 | 3.05m @ 3,655.58 ppb |
| CB-04 | 160.32 | 161.85 | 1.53 | 882 | 1.53m @ 882.00 ppb |
| CBT-1 | 9.14 | 15.24 | 6.1 | 594 | 6.1m @ 594.69 ppb |
| CBT-1 | 25.91 | 28.96 | 3.05 | 681 | 3.05m @ 681.23 ppb |
| CBT-1 | 48.77 | 50.29 | 1.52 | 1,602 | 1.52m @ 1,602.00 ppb |
| CBT-1 | 62.48 | 64.01 | 1.53 | 490 | 1.53m @ 490.00 ppb |
| CBT-1 | 70.1 | 71.63 | 1.53 | 309 | 1.53m @ 309.00 ppb |
| CBT-1 | 82.3 | 91.44 | 9.14 | 815 | 9.14m @ 815.85 ppb |
| CBT-1 | 97.54 | 99.06 | 1.52 | 664 | 1.52m @ 664.00 ppb |
| CBT-1 | 111.25 | 114.3 | 3.05 | 2,483 | 3.05m @ 2,483.41 ppb |
Tim Masters, head of the Company's Nevada operations commented, "We are very excited to report these drill results which provide an indication of high grade Gold mineralization. The results will help guide the Company's exploration program and pending Technical Report prepared to NI 43-101 standards."
Below is a cross section of core holes CB-01 and CB-04 showing the dip of mineralization from the surface under trench 01:
To view the map accompanying this release please click on the following link: http://media3.marketwire.com/docs/0414may1.jpg
The next round of drilling will test the shallow and larger larger lower plate target.
The contents of this news release have been reviewed by Tim Masters, a Qualifiied Person under National Instrument 43-101 and officer of the Company's Nevada based subsidiary.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Contact Information:
Robert Dinning
CEO
613-882-7467
Meadow Bay Capital Corporation
Matthew Harrington
Investor Relations
613-882-7467