Main content

BCGold Corp. Stakes 210 Additional Claims and Consolidates Land Position in the Carmacks Copper-Gold Belt, Yukon

Vancouver, British Columbia – April 24, 2007 – BCGold Corp. ("BCGold" or "the Company") is pleased to announce the expansion of its Carmacks Copper-Gold Belt mineral claims package in Yukon by staking an additional 210 mineral claims (4,214 hectares).

The recently acquired claims consolidate the Company’s ground position over newly defined copper-gold targets and mineralized showings in the vicinity of the Carmacks (Williams Creek) copper-gold deposit. More specifically, claims were staked to broaden coverage over a recent copper-sulphide discovery in foliated granitic rocks on the Company’s Ice claims (Figure 1). A detailed site investigation and sampling program is scheduled to be conducted by Aurum Geological Consultants Inc. in early May.

BCGold is the largest landholder in the Carmacks Copper-Gold Belt, holding title to 17 mineral properties (16,274 hectares) situated proximal and adjacent to Sherwood Copper Corp.’s Minto deposit and Western Copper Corporation’s Carmacks (Williams Creek) deposits.

BCGold is in the process of finalizing 2007 exploration plans for the Carmacks Copper-Gold Properties. The Company is fully funded with a current working capital of $5.0 million.

Carmacks Copper-Gold Belt Exploration Targets
The Minto and Carmacks deposits are structurally controlled, high grade bulk tonnage copper-gold deposits that are currently in the mine development and resource definition phases by their respective owners. Sherwood Copper Corp. is scheduled to commence commercial production at Minto in mid 2007 and Western Copper Corporation has recently commenced a 10,000 metre drill program along the Carmacks deposit trend.

BCGold’s Carmacks Copper-Gold Properties were staked over areas with geological, geochemical and geophysical characteristics know to reflect near-surface, high grade structurally controlled copper-gold mineralization in the district.

Ownership Agreement
BCGold can acquire a 100% interest in the Carmacks Copper-Gold Properties by making $300,000 in cash payments, incurring a minimum of $900,000 in work expenditures and issuing 1,000,000 Units to Mr. Shawn Ryan of Dawson City, over a four year term.

Figure 1

About BCGold Corp.

BCGold Corp. (TSX-V: BCG) is a Vancouver-based junior resource company focused on copper and gold exploration in under-explored historic and emerging mining districts in British Columbia and Yukon. BCGold Corp. acquires and develops conceptual, early and mid-stage, exploration opportunities and advances them towards resource development by using internal expertise, engaging preferred joint venture partners, and creating strategic alliances with major exploration and mining companies. Currently, institutional investors hold 29% of the Company’s outstanding shares and Kinross Gold Corporation holds 11%.

On behalf of the Board of Directors,
Brian P. Fowler, 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:
Jose M. Perez
Manager, Corporate Communications
Tel. (604) 646-1581
Fax (604) 642-2411

Freeman Smith, P. Geo
VP of Corporate Development
Tel. (604) 646-1583

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.