TOODOGGONE PROJECT - THE FOGMESS CLAIMS

Available for Option

Introduction

The Fogmess Property represents a quality exploration opportunity in British Columbia's prolific Toodoggone Camp. The property has seen $0.4 million in previous expenditures directed primarily towards shallow, low-sulphidation gold-silver vein-type mineralization. Considerable exploration potential exists for deeper epithermal and porphyry, Kemess-type copper-gold mineralization in the claims area.

BCGold holds an option to earn 75% interest in the Fogmess Property from Stealth Minerals Ltd. A NI43-101 technical report has been completed for the property could serve as a listing property. BCGold is seeking a qualified joint-venture partner to advance this exploration opportunity.

It is estimated that more than $10 million will be spent on exploration in the Toodoggone Camp in 2007. This includes a $1.5 million exploration program by BCGold Corp. on the nearby Sickle-Sofia Property.

Property Location

The FogMess Claims are located in the Toodoggone District of north central British Columbia, approximately 400 kilometres northwest of Prince George, 3km east of the Kemess South Mine where an active airstrip is in place

The property comprises 11 adjoining mineral claims containing 4,590 hectares. The FogMess Claims are accessed via helicopter. The FogMess prospect is located east of the Kemess South Mine (Northgate Minerals) and southeast of the Lawyers (Bishop Gold), Baker and Shasta (Sable Resources) gold-silver deposits and to the southeast of the Al (Christopher James Gold) gold-silver deposit. The geologic setting, alteration and structural controls are similar to these deposits.

History

To date there has been in the order of $410,000.00 spent on exploration on the claims. The claims were actively explored in the 1980's by several operators when the district was being explored for its epithermal gold potential following the production decision on three small gold mines in the Toodoggone Camp and the exploration and development of the large Kemess South gold-copper porphyry deposit. One drill program has been completed on the claims. Serem discovered the FogMess area in 1980 when soil sampling followed by limited hand and power trenching was performed, with veins returning up to 800 g/tn silver in rock samples from the North trenches and 3.80 g/t gold in silt samples to the northwest. An irregular, wide-spaced geochemical grid was completed in 1986 by D.L. Cooke and Associates and outlined numerous precious metal soil anomalies with gold up to 1.68g/tn Au over an area approximately 2.5 kilometres by 1 kilometre in dimension. In 1989, Inco Gold Management Ltd performed prospecting and hand trenching around the South trench. The highest reported assays were 3.80g/t gold and 320g/t silver. The trenching was followed by diamond drilling of 367.7 metres in 7 holes with two set-ups on this showing.

In 2003 re-sampling of old trenches originally assayed by geochemical methods that had returned 185g/t Ag resulted in 8,500g/t Ag assays from fire assays. Several veins in the northern portion of the Mess Ridge area returned anomalous gold to 37g/t leading to an extensive 2004 exploration program. New prospects discovered on the claims in 2003 include the Aug. 30th showing which returned up to 25.48g/tn Au from vein outcroppings. During the 2004 season, 358 rock and 1886 silt and soil samples were collected. Channel samples from the Aug 30th showing recovered up to 13.58g/tn Au over 2.4m with a soil indicated potential strike length of 700 m. Systematic rock and soil sampling on the Mess, New Mess1 and New Mess 2 veins returned anomalous gold and silver.

BCGold has commissioned Ken Dawson, PhD, P.Geo. to prepare a 43-101 technical report for the property.

Geology and Mineralization

The FogMess Claims are situated in the Toodoggone Region, which lies within the Stikine Terrane at the eastern margin of the Intermontane Tectonic Belt. The property is underlain by thick sections of Takla Group Triassic subaqueous mafic flows in fault and unconformable contact with the fairly fresh subareal dacite pyroclastics of the Jurassic Toodoggone Group volcanics. The mafic Takla rocks are locally overlain by the basal conglomerate at the top of the Triassic which contains older granitic cobbles. The Triassic rocks are by far the most receptive host rock for vein and stockwork style epigenetic mineralization. This is due the rocks brittle habit when compared to the overlying and fault juxtaposed dacite pyroclastics which bend weakly instead of breaking, resulting in a long lived structural feature which has been prepared to host subsequent mineralizing episodes. These mineralized events are displayed as stockwork and sheeted sets of open boiling textured low sulphidation style of epithermal veins which show a vertical precious metal zoning and a preference for the Triassic rocks. The dacite flows host narrow, usually un-mineralized, veins of barite and carbonate with little precious metals.

Monzonite intrusive dykes appear to be related to mineralization events. These dykes are localized within zones of structurally controlled permeability. The attendant hydrothermal alteration within these zones includes silicification, wide-spread illite-sericite alteration and at lower elevations, chlorite-montmorillonite alteration. A set of late quartz-carbonate veins appear to be superimposed on the hydrothermal alteration zone.

Zones of strong alteration appear as thorium/potassium lows on the airborne geophysical maps. A distinct RTK low is associated with the Mess and Fog 1 showings and continues to the NW through other epithermal occurrences such as Wrich Hill, Awesome, and northward to the Saunders Fault system which includes the Shasta gold deposit. Magnetic features on the airborne survey indicate a magnetic high in the area of the New Mess 1 mineralization in the area of the south draining creek (1989, Inco Drilling). This is an area of fault contacted Takla and Toodoggone volcanics. There may be a portion of a buried intrusive below this area and the magnetic signature is responding to the shallower depth of cover rock as a result of fluvial erosion in the creek valley.

The known mineralization is partially controlled by two regional northwest trending fault systems- the Saunders and a local parallel fault.

The property is host to seven Minfile showings:

• 94E 070 - Mess (North vein set): epithermal vein occurring along a northwest fault structure. 
   
• 94E 120 - New Mess 1: drilling in 1989 intersected a 0.6-metre section and yielded values of 17.6 g/t silver, 1.0787% zinc, 0.5072% lead, 0.1293% copper and 0.417 g/t gold. 
   
• 94E 121 - New Mess 2 (South vein set): chalcedonic vein anomalous in silver, copper lead and zinc. 
   
• 94E 115 - Fog 1: 2 metres wide quartz veins sampled from Saunders Creek fault.
   
• 94E 116 - Fog 2: anomalous copper silver and zinc sampled from the Saunders Creek fault.
   
• 94E 117 - Fog 3: a structural zone associated with the Saunders Creek regional fault series of gold and silver veins. 
   
• 94E 244 - August 30^th: Six metres wide vein returning 25.48 g/t gold and 29.3 g/t silver.

Discussion

There are two vein sets in the Mess Ridge area that will require drill testing. These targets also have the potential to produce a bulk mineable gold deposit with low operating costs given the proximity to the 68,000 tpd Kemess South mine infrastructure.

It is suggested that mineralization drilled tested to date is high-level in the epithermal system, and that deeper drilling is required to more adequately assess the precious metal core of the mineralizing system. The strong magnetic high and annular RTK low in the northwest corner of the property suggests hydrothermal alteration associated with a central unroofed porphyry intrusive. A program of IP and deeper drilling is warranted to adequately test the true potential of the FogMess porphyry concept.

Exploration on five primary targets on the Louis prospect have been recommended in the 43-101Technical Report:

1. To adequately test the known veins on New Mess2 (South Vein Set) including the new 2006 silver showing 2500m of drilling in 10x250m holes is recommended. 
    
2. Consideration should be given to locating at least two holes to target the Inco Gold trenches (North Vein Set) 2500m of drilling in 10x250m holes is recommended. 
    
3. Mess Ridge requires some IP geophysics to further refine vein spacing and geometry prior to drill testing. 
    
4. Drill test the Mess ridge copper anomaly (+120ppm) in the are of the RTK low and magnetic high in the northwestern quadrant for the existence of a gold-copper porphyry deposit beneath the south end of Mess Ridge (see Figure 2). 
    
5. The Aug 30th showing will require blast and/or mechanical trenching followed by a minimum of 500m of diamond drilling.

Proposed Option Terms

BCGold Corp. Contact Information

The FogMess Claims are available for Joint Venture. For further inquiries about the FogMess claims, please contact the BCGold Corp. corporate offices, (604) 646-1589:

Brian Fowler, P.Geo. President, CEO
Freeman Smith, P.Geo. Vice President, Corporate Development
Andrew Brown, P.Geo. Exploration Manager

Maps

last updated: Jul 31, 2008