Threegold Announces Private Placement

Threegold Resources Inc. (TSX VENTURE:THG) ("Threegold" or the "Corporation") is
pleased to announce a non-brokered private placement of units (each a "unit") of
up to $450,000. Each Unit is comprised of one (1) common share of the
Corporation at a price 0.05 cents and one half of one common share purchase
warrant, each whole warrant entitling the holder to purchase one (1) additional
common share of the Corporation at a price of $0.10 for a period of two (2)
years following closing. One insider, the president and CEO Victor Goncalves,
will participate for 1,000,000 units.


In connection with the private placement, up to 7% finder's fee may be paid on a
portion or all of the funds raised.


In accordance with applicable securities legislation, all securities issued in
connection with this private placement will be subject to a four (4) month and
one (1) day hold period following closing. 


The net proceeds from this private placement will be used for general working
capital and for the ongoing exploration in Quebec as well as securing other
ventures the Corporation intends on pursuing. 


Victor Goncalves, President and CEO of Threegold Resources Inc: stated "We are
confident of our business model and will continue to build shareholder value, of
which I am certainly one of them".


About Threegold 

Threegold has established itself as one of the premier exploration companies in
Quebec. The Corporation has a highly qualified technical team with extensive
exploration experience, including previous gold discoveries in Quebec, and a
management team with financing and public company expertise. 


Threegold offers investors a portfolio of high-quality exploration projects
focussing on Canadian assets primarily in Quebec; and the potential to create
shareholder wealth through discoveries of new, low-cost multi-million ounce gold
deposits. 


Threegold's strategy is to mitigate shareholder risk through quality
partnerships with the likes of Bowmore Exploration. 


You can also visit our website: www.threegold.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release


Forward-looking statement: 

Except for statements of historical facts, all statements in this news release
regarding, without limitation, new project acquisitions, future plans and
objectives are forward-looking statement which involve risks and uncertainties.
There can be no assurance that such statements will prove to be accurate. Actual
results and future events could differ materially from those anticipated in such
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Threegold Resources Inc.
Mr. Victor Goncalves
President and CEO
204-997-5517
[e-mail]


Threegold Resources Inc.
Mr. Jorge Orellana
Investor Relations
204-229-4393
[e-mail]
www.threegold.ca