Meadow Bay Gold Corporation
TSX VENTURE : MAY

April 14, 2011 17:22 ET

Meadow Bay Gold Announces High Grade Drill Results at Its Colorback Gold Project in Nevada Including 4 g/t Au Over 4 Metres and 3.7 g/t Over 3 Metres

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_IdM FromM ToInterval
Width
meters
Gold
Grade
ppb
Intercept Description
(1000ppb = 0.0292opt gold)
CB-0167.6771.633.964,0803.96m @ 4,080.96 ppb
CB-0188.0990.982.896272.89m @ 627.38 ppb
CB-0195.8697.381.527631.52m @ 763.00 ppb
CB-01101.19102.411.222,0521.22m @ 2,052.00 ppb
CB-01106.98108.511.537871.53m @ 787.00 ppb
CB-01109.27113.394.122,7424.12m @ 2,742.44 ppb
CB-01143.56144.931.376281.37m @ 628.00 ppb
CB-01169.32170.841.523011.52m @ 301.00 ppb
CB-01172.52173.741.223971.22m @ 397.00 ppb
CB-025758.831.836641.83m @ 664.00 ppb
CB-02115.52117.041.528611.52m @ 861.00 ppb
CB-0375.978.642.749042.74m @ 904.34 ppb
CB-0454.5657.613.053,6553.05m @ 3,655.58 ppb
CB-04160.32161.851.538821.53m @ 882.00 ppb
CBT-19.1415.246.15946.1m @ 594.69 ppb
CBT-125.9128.963.056813.05m @ 681.23 ppb
CBT-148.7750.291.521,6021.52m @ 1,602.00 ppb
CBT-162.4864.011.534901.53m @ 490.00 ppb
CBT-170.171.631.533091.53m @ 309.00 ppb
CBT-182.391.449.148159.14m @ 815.85 ppb
CBT-197.5499.061.526641.52m @ 664.00 ppb
CBT-1111.25114.33.052,4833.05m @ 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

  • Meadow Bay Capital Corporation
    Robert Dinning
    CEO
    613-882-7467

    Meadow Bay Capital Corporation
    Matthew Harrington
    Investor Relations
    613-882-7467