06-Jul-2009

BCGold Corp. Exploration Update Carmacks Copper-Gold Properties, Yukon

 read pdf

July 06, 2009 - BCGold Corp. ("BCGold" or the “Company”) is pleased to announce that Phase I field work has been concluded on the Company’s Carmacks Copper Gold Property package in central Yukon. A geologist / prospector team conducted 48 man days of geological mapping and prospecting, focusing on coincidental induced polarization (I.P.) and copper (± gold) mobile metal ion (MMITM) anomalies believed to possibly represent “Minto-type”, high-grade copper-gold mineralization near surface and at depth.

Trenching and diamond drill targets have been confirmed on 6 of BCGold’s 17 Carmacks Copper Gold Properties. Phase II exploration, entailing excavator trenching, road and drill pad construction, additional geochemical and geophysical survey work, mapping and sampling has commenced. Diamond drilling of priority targets is scheduled for later this summer. For the year 2009, BCGold has been awarded $135,000 in exploration grants under the Yukon Mineral Incentive Program (Y.M.I.P.) and the Company is currently completing a $1 million financing.

Minto Property Block

BCGold’s Minto Block of properties consists of 6 properties immediately northward and along trend from the Minto mine and the new Minto North high-grade copper-gold discovery. To view BCGold’s Minto Block properties, please view the following link: (Minto Block - I.P & Copper MMI Anomalies). BCGold field crews investigated a number of coincidental I.P. and copper (± gold) MMITM anomalies defined by BCGold on the Toe, Pepper and Spear claims in 2008. Field inspection has validated these anomalies and diamond drill testing has been recommended by a Company consultant. BCGold is actively looking for joint venture partners to advance these 3 properties.

BCGold has commenced a follow-up MMITM survey on the Apex East claim to close off copper anomalies defined by BCGold in 2008. A subsequent I.P. survey is planned over the most promising targets.

Carmacks Property Block

Field crews investigated 3 properties within the Company’s Carmacks Block of properties, situated 50 kilometres to the south, adjacent to Western Copper Corp.’s Carmacks Copper Project. On the WS Property, trenching has been recommended on the recently discovered Copper Hill showing, where sampling in 2008 returned maximum values of 0.85% copper and 0.42 g/t gold. The showing consists of malachite, lesser chrysocolla, minor azurite, with significant chalcocite mineralization, primarily hosted by more mafic, foliated zones of quartz diorite within coarse grained granodiorite.

Excavator trenching is to be conducted across the Copper Hill showing and along strike in both directions. A 600 metre by generally 100 metre wide copper MMITM soil anomaly lays 150 metres upslope of the Copper Hill showing. The soil anomaly is coincident with an I.P. chargeability high - resistivity anomaly. These coincidental anomalies are also to be systematically trenched.

Trenching has also been proposed above and along strike of BCGold’s 2008 copper discovery in drill hole BCG08-09B, which intersected 63.1 metres that averaged 0.17% copper, (containing 23.6 m averaging 0.34% copper) near surface and immediately south of Western Copper Corp.’s Carmacks Copper Project.

The technical contents of this release have been reviewed by Ms. Jean Pautler, P.Geo., a Qualified Person for the purposes of National Instrument 43-101.

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]