Buffalo Explains Trading Halt

Brian McEwen, President and CEO of Buffalo Gold Ltd. (TSX
VENTURE:BUF)(OTCBB:BYBUF)(FRANKFURT:B4K), wishes to inform its shareholders that
trading in Buffalo's shares was halted this morning as a result of a cease trade
order issued by the British Columbia Securities Commission for failing to file
Buffalo's audited financial statements and management discussion and analysis
for the fiscal year ended December 31, 2007 within the time prescribed by
National Instrument 51-102.


Buffalo's acquisitions during the last fiscal year, particularly the Sargold
merger and Buffalo's spin-off of its uranium assets into Bondi Mining,
significantly increased the complexity of the audit, resulting in the delay of
the completion of the audit. Buffalo's management and auditors are working to
complete the audit and Buffalo expects to file its year end statements and
management discussion and analysis by May 23, 2008.


Mr. McEwen commented, "The cease trade order is in no way related to the
financial health of the Company and we are working to rectify the situation as
quickly as possible and apologize for any concerns this has caused our
shareholders."


To find out more about Buffalo Gold Ltd. (TSX
VENTURE:BUF)(OTCBB:BYBUF)(FRANKFURT:B4K), please visit the company website at
www.buffalogold.ca.


On behalf of the Board of Directors of BUFFALO GOLD LTD.

Brian McEwen, President and CEO

This press release contains certain forward-looking statements, which are based
on the opinions and estimates of management at the date the statements are made,
and are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected.
Buffalo undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking statements.