SOURCE: Ranger Gold Corp.

May 03, 2011 09:30 ET

Ranger Gold Receiving Bids for Drill Rigs on Its Nevada Properties

CARSON, CITY, NV--(Marketwire - May 3, 2011) - Ranger Gold Corp. (OTCBB: RNGC) is pleased to announce that it has engaged drilling contractors in preparation for drilling on its Nevada holdings.

"We are in the process of receiving and evaluating bids from several drilling contractors," said Gary Basrai, President of Ranger. "We are exploring all options that best suit the company and that enable us to effectively start drilling once weather conditions are optimal and final permits are approved."

Ranger's CX property received approval for drilling in March 2011 and is awaiting drill permit approval for its Truman Project.

About Ranger Gold Corp.

Ranger Gold Corp. (OTCBB: RNGC) is a US-based resource exploration company exploring for gold in proven gold regions of Nevada. It is focused on discovering and developing low-cost gold assets in order to provide maximum return for its shareholders.

Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at http://www.sec.gov.

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