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BCGold Corp. Commence Drill Program on Apex East Property, Yukon


BCGold Corp. is pleased to announce the commencement of diamond drilling on the Company’s Apex East property, situated immediately north of Capstone Mining Corp.’s Minto Mine in central Yukon. Apex East is one of the Company’s 17 (16,985 hectares), one-hundred-percent-owned Minto/Carmacks Copper-Gold properties.


A four-holcement industry plant flow sheete, 1,000 metre diamond drill program will test three parallel, coincidental copper (+/- gold) soil geochemical and geophysical anomalies, which measure up to 800 metres in length and width, for near surface, “Minto-type” high-grade copper and gold mineralization. This drill program is approved for a $50,000 Yukon Mining Incentives Program (YMIP) grant from the Yukon government.


Apex East Copper-Gold Targets

In 2009 BCGold Corp. followed up a previous airborne geophysical survey on the Apex East property with a program of mobile metal ion (MMITM) sampling, prospecting, geological mapping and a 15 line kilometre pole-dipole induced polarization (IP) survey. The IP survey targeted four discrete copper +/- gold MMITM anomalies and defined three proximal and continuous north and northwest trending zones of high chargeability and resistivity, which are coincidental with magnetic high features.


The three Apex East coincidental geophysical and geochemical anomalies being tested under the current drill program are similar in size and magnitude to targets routinely drilled, and in some cases mined, for high-grade copper and gold-bearing sulphide mineralization at the nearby (4.5 kilometres along trend to the south) Minto Mine. IP anomaly centres range from near surface to 150 metres deep and all anomaly trends remain open along strike.


Minto/Carmacks Copper-Gold Properties


The Minto/Carmacks Copper-Gold properties are strategically located proximal and adjacent to Capstone Mining Corp.’s Minto Mine and Western Copper Corp.’s Carmacks Copper Project, which is in the advanced permitting stage. The Company is the largest land holder in the Carmacks Copper-Gold Belt.


BCGold Corp. has methodically explored the Minto/Carmacks Copper-Gold properties since 2006. The Company’s work has resulted in the discovery of seven copper-gold mineralized zones and definition of drill-ready copper-gold targets on seven properties.


BCGold Corp. optioned two of the Minto/Carmacks Copper-Gold properties, Pepper to Goldbard Capital Corp. (“Goldbard”) and Toe to Kestrel Gold Corp. (“Kestrel”), earlier this year. Under the respective property option agreements, each company has 2010 exploration work commitments of $350,000.


BCGold Corp. continues to seek exploration partners to earn in and assist in advancing the Minto/Carmacks Copper-Gold property package.

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