Gold Investing News

Overview

BCGold Corp. (TSX-V: BCG) is a Vancouver-based junior resource company managed by people who know the exploration business, have numerous industry contacts, and have fostered relationships which facilitate the identification, acquisition and joint venture of quality precious and base metal exploration opportunities in British Columbia and Yukon.

Chief Properties

Engineer Mine Property, B.C.

Highlights

• BCGold has an option to earn 100% interest, with no underlying royalties, in the historic Engineer Mine, situated 32 km west of Atlin, BC.
• Engineer Mine produced >560 kg of gold and 280 kg of silver at realized grades of 39.38 g/t gold and 19.52 g/t silver from 1908 – 1927.
• 5,500 metres of underground development was completed on 8 levels; the bottom 3 levels are currently flooded. The deepest level is 170 m from surface; below 200 m from surface is largely unexplored.
• Previous explorers focused on the high-grade gold mineralization occurring with silver and roscoelite in narrow quartz-calcite veins.
• BCGold has a permitted 25 ton per day mill and a 20 man all-season trailer camp on site.

Work/Discoveries

• BCGold is focused on defining a large bulk-tonnage gold deposit (2 – 5 Mt grading 5 – 10 g/t gold) on Shear Zone “A” (see map), predicated on a series of historic chip samples from a 45 metre crosscut on Level 8 that averaged 5.1 g/t gold. This potential quantity is conceptual and there has been insufficient exploration to define a mineral resource on Shear Zone “A” and it is uncertain that further exploration will result in this target being delineated as a mineral resource.
• The Company developed a 3D model of Engineer Mine in VulcanTM, using in-house expertise, for resource estimation and exploration planning purposes.

2008

• A $1.2 million exploration program is in progress, consisting of a 7 hole, 1,850 metre diamond drill program, limited underground rehabilitation, geological mapping and limited bulk sampling on the high-grade Engineer, Double Decker, Shaft, and Boulder veins.

Carmacks Copper-Gold Properties, Yukon

Highlights

• BCGold has an option to earn 100% interest in 17 mineral properties (16, 274 Ha).
• All properties strategically located proximal and adjacent to Sherwood Copper Corp.’s Minto Mine and Western Copper Corp.’s Carmacks Copper-Gold Deposits.
• BCGold is the largest landholder in the Carmacks Copper-Gold Belt.

Work/Discoveries:

2007

• BCGold conducted a $1.5 million exploration program which included:
• A 3,295 km airborne magnetic and radiometric survey.

• 7 property-scale Mobile Metal Ion (MMITM) surveys (> 4,500 samples).
• Geological mapping, prospecting, and trenching;
• reconnaissance induced polarization (IP) surveys; and
• diamond drilling of 7 holes in 1,360 m.
• 2007 exploration demonstrated that Western Copper Corp.’s Carmacks deposit trend extends onto BCGold’s adjoining Copper and WS properties.
• The Company discovered 4 significant “Carmacks-style” copper-gold mineralized zones on the ICE and WS properties.

2008

• Current, Phase I exploration includes:
• Geological mapping, sampling, and prospecting.

• 86 line-km IP surveys on 6 properties.
• 91 line-km MMITM surveys on 9 properties.
• BCGold will conduct additional MMITM survey work and gradient-array IP surveys on 3 properties in the Minto Block, over the 4 copper anomalies that the Company defined in 2007.
• Phase 2 exploration will be a diamond drill program scheduled to commence in late August, 2008.

Toodoggone Properties, B.C.

Highlights:

• BCGold has the option to earn 75% interest in 3 properties situated near the Kemess South Gold-Copper Mine in northern B.C.

Work/Discoveries: 2007

• The Company owns 51% of the Sickle-Sofia Property through exploration expenditures of $1.2 million on the property in 2007.
• BCGold focused on porphyry copper-gold and high-sulphidation epithermal gold targets.
• The Company discovered a copper porphyry system at Sofia and intersected 47 m grading 0.13% copper in the first hole of a 5 hole, 1,514 m diamond drill program in 2007.

BCGOLD CORP. SEEKS A JOINT VENTURE PARTNER FOR THESE PROPERTIES.

Voightberg Property, B.C.

Highlights

• BCGold has the option to earn 70% interest in the Voightberg Property.
• The Company is focused on an intrusion-related gold-copper-molybdenum target in Galore Creek Camp.

Work/Discoveries: 2006/2007

• BCGold conducted drill programs in 2006 and 2007; drill hole VGT 06-05 intersected 51.2 m averaging 1.03 g/t gold.
• The Company’s Gold Zone is >300 m wide and open along strike and at depth.

BCGOLD CORP. SEEKS A JOINT VENTURE PARTNER FOR THIS PROPERTY.

Other Properties, B.C.

BCGold has 100% interest in 4 properties strategically situated in the Mount Milligan, Revelstoke, and Siwash exploration and mining districts in B.C.


THESE 4 PROPERTIES ARE AVAILABLE FOR OPTION.

Management

• Brian P. Fowler, B. Sc., P. Geo – President/CEO/Director
• Darren Bahrey, B. Sc. – Director
• Guy Le Bel, Ing., MBA – Director
• Hervé Thiboutot, P. Eng. – Director
• Peter Kendrick, MBA – Director
• Larry Okada - CFO

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