Sonora Gold Corp.

Sonora Gold Corp.

July 18, 2005 00:01 ET

Sonora Lands Partner for it's San Enrique Copper-Moly Project Private Placement Cdn $0.14 per unit

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 18, 2005) - Sonora Gold Corp (TSX VENTURE:SGG)(PINK SHEETS:SGGFF) is pleased to announce an agreement with Teck Cominco Limited's (TEK.SV.B) wholly owned Mexican subsidiary, Minera Teck Cominco SA de CV (TCM) on Sonora's 100% owned San Enrique Copper-Moly project in Sonora State, Mexico.

The agreement grants TCM an option to earn a 60% interest in the San Enrique property by sole funding an aggregate of US$3,000,000 in expenditures over the next 48 months starting July 1, 2005. TCM will be responsible for all property upkeep costs, including taxes and surface access costs. The agreement also provides TCM the option, upon earning a 60% interest, to earn an additional 10% interest by sole funding a further US$2,500,000 by July 1, 2011, thereby earning an aggregate, 70% interest in the property with Sonora Gold retaining a 30% interest. Upon TCM ceasing to sole fund expenditures a Joint Venture will be formed with TCM being the initial Operator on behalf of the Joint Venture and undertaking programs and expenditures as approved by a Joint Venture Management Committee.

Private Placement

In addition to the above, Teck Cominco Limited has agreed to purchase a total of 3,000,000 units of Sonora Gold Corp treasury shares at a price of Cdn$0.14 per unit, for a total cost of Cdn$420,000. Each unit will consist of one share and one share purchase warrant exercisable at Cdn$0.20 for two years.

The above agreement and private placement are conditional on exchange approval and on Sonora Gold meeting certain conditions including finalizing an extension to the existing San Enrique surface access agreement.

On Behalf of the Board

Dave McMillan

President & C.E.O.

This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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