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BCGold Announces Acquisition of Interest in Toodoggone Property Portfolio in B.C.

September 19, 2006 – BCGold Corp. ("BCGold") and Stealth Minerals Limited ("Stealth") have entered into an option agreement (the "Agreement") pertaining to the acquisition by BCGold of an interest to earn-in up to 75% in 3 properties from Stealth’s Toodoggone property portfolio, in north-central British Columbia, subject to regulatory approval.

Stealth holds a 100% interest in 62,845 hectares of prospective geology covering the Toodoggone district in north-central British Columbia. The Toodoggone is located approximately 1,000 kilometers north of Vancouver and 300 kilometers north-east of Stewart, British Columbia. The district has excellent mineral exploration potential and hosts a number of developed and undeveloped epithermal gold-silver and porphyry deposits, as well as Northgate Minerals’ 50,000 tonne per day Kemess South mine. One of B.C.’s larger porphyry copper-gold deposits, and one of Canada’s largest mines by throughput, Kemess South is currently producing 300,000 ounces of gold and 75 million pounds of copper per year, and is located seven kilometres west of similar prospects on Stealth’s ground.

“The Toodoggone portfolio contains some of the best untested epithermal gold-silver and porphyry copper-gold drill targets in British Columbia,” stated Freeman Smith, BCGold’s President and CEO. “This is supported in part by recent interest in the area by major companies. It is an excellent fit to our exploration strategy: the identification and acquisition of highly prospective, under-explored ground in the most prolific gold and copper districts and mining camps in British Columbia.”

The Toodoggone district has been the subject of exploration programs by major and junior companies since the 1960s, and is recognized for hosting significant copper-gold porphyries and epithermal gold-silver vein styles of mineralization. The district hosts 27 porphyry style prospects eight of which have been drilled and each has yielded variable grades and widths of copper-gold and copper-molybdenum mineralization. To date, 10 bulk tonnage gold and copper-gold prospects as well as 8 epithermal gold-silver prospects have been identified in Stealth’s property portfolio, which extends over 85 kilometres north-south and covers the majority of the most prospective geology of the Toodoggone district.

Recent exploration programs on the Toodoggone properties by Stealth have focused on regional prospecting, sampling, mapping, and limited diamond drilling, with a focus on advancing the prospects to the drill stage. Over $10 million has been spent to date on the properties. BCGold has the right to select and advance any three properties in Stealth’s portfolio, either on a sole basis or by assigning such rights to a third party.

Under the terms of the Agreement, Stealth divided its land position into eleven properties. The Agreement enables BCGold to review all exploration data for the eleven properties and select any three properties by March 31, 2007. BCGold can earn a 51% interest in each of the three selected properties by spending $1 million on each property over a three year period and a 60% interest by spending $2 million on each property over a four year period. In addition, BCGold is required to issue 150,000 common shares and 75,000 common share purchase warrants (each exercisable for a one year period at a price equal to 125% of the 20 day average closing price of the common shares of BCGold ending on the trading day prior to the date of issuance) to Stealth for each property within 10 business days of the date of selection of the three properties. BCGold’s interest in any of the three properties can be increased to 75% by producing a bankable feasibility study. BCGold will be the operator of the selected properties.

As part of the payment made by Stealth to re-acquire its 100% interest in the Toodoggone portfolio (refer to Stealth’s press release dated September 18, 2006), and in order to acquire the right to select the three properties, BCGold is making cash payments to subscribe for an aggregate of 2,500,000 common shares of Stealth at a price of $0.20 per share on or before March 31, 2007.

A portion (13,967 hectares or 22.2%) of the eleven properties are subject to an underlying 3% net smelter royalty held by a third party. BCGold has the right to reduce the NSR through cash payments.

BCGold Corp. is a newly listed junior exploration company primarily focused on precious metal exploration in British Columbia.

About BCGold Corp.

BCGold Corp. is a new resource-based junior mineral exploration company that believes British Columbia and Yukon hold the most promise for the discovery of significant new precious and base metal deposits, particularly in under-explored historic mining and exploration districts. BCGold acquires and advances conceptual, early and mid-stage, quality exploration opportunities towards resource development, primarily by joint venture with preferred partners in order to minimize share dilution and exploration risk.

On behalf of the Board of Directors,
Freeman Smith, P. Geo.
President and Chief Executive Officer

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 release.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures and exploration, development and production activities. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing of future payments, expenditures and unit issuances and the timing and success of future exploration, development and production activities.

For further information, please contact:
Freeman Smith, P. Geo
President and Chief Executive Officer
Tel. (604)646-4530
Fax (604) 646-4526

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 release.