06-Oct-2010

BCGold Corp. Stakes 4 Porphyry Copper-Gold Properties in British Columbia

 read pdf

Vancouver, British Columbia, October 6, 2010 (TSX-V: BCG) - BCGold Corp. is pleased to announce that it has staked four properties in Central B.C., targeting blind porphyry copper-gold deposits similar in style to the Afton-Ajax and Mount Polley copper-gold deposits.

The four properties (5,330 hectares), named the Hihium Lakes (North and South), Bonaparte and Rayfield properties, are road accessible and centred some 80 kilometres north-northwest of Kamloops, B.C. The properties are strategically located over coincidental geochemical and geophysical anomalies believed to represent concealed porphyry copper-gold hydrothermal systems associated with the composite Late Triassic-Early Jurassic Thuya Batholith.

BCGold Corp. recognized these anomalies as prime porphyry copper-gold exploration targets during a review of data collected and published by Geoscience BC’s QUEST-South Project. The data reviewed by the Company pertain to recently commissioned airborne magnetic and high-resolution gravity geophysical surveys of B.C.’s southern interior and the reanalysis of some 9,000 archived regional geochemical samples.

BCGold Corp. crews recently completed a preliminary assessment and follow-up silt sampling program on all four properties. Results have been used to focus reconnaissance mobile metal ion (MMITM) soil surveys on each property, which are scheduled to be completed this month by Geotronics Surveys Ltd. of Surrey B.C.

About Geoscience BC/the QUEST-South Project

Geoscience BC is a not-for-profit organization working with a variety of groups, including industry and government, to fund applied geoscience projects. The QUEST-South Project is part of Geoscience BC’s QUEST Project, which was initiated in 2007 to attract mineral exploration to an under-explored region of the Quesnel Terrane. The region has excellent potential for copper and gold porphyry deposits, but is covered by extensive blankets of post mineralization Tertiary volcanic flows and thick layers of glacial sand and gravel deposits.

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 & CEO

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:
Investor Relations
Tel. (604) 646-1589
Fax (604) 642-2411
[email protected]