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MMI Messina Minerals Inc.

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Share Name Share Symbol Market Type
Messina Minerals Inc. TSXV:MMI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

BCGold Corp. Commences Exploration Programs on Six Properties in B.C. and Yukon

21/06/2012 1:40pm

Marketwired Canada


(TSX VENTURE:BCG)(PINKSHEETS:BCGOF) - BCGold Corp. (or the "Company") is pleased
to announce that work crews have mobilized to the Company's South Quesnel
properties in south-central B.C. and the WS and Off-White Gold properties in
Yukon. The combined exploration budget for these projects is $200,000, which
will be funded by current unspent funds received from the issuance of
flow-through common shares in 2011. Work crews will be active on the properties
until late August.


South Quesnel Properties, B.C.

Infill mobile metal ion ("MMI") soil sampling surveys were recently completed on
four of the Company's 100%-owned South Quesnel properties, including the
Rayfield, Clear Range, Dartt Lake and Lauder Creek properties. The soil sampling
surveys were designed to infill and further delineate copper-gold soil anomalies
discovered during BCGold Corp.'s 2010 generative exploration campaign. All four
properties are road accessible and contain loosely defined copper-gold soil
anomalies believed to represent buried porphyry-style deposits. Work crews
completed tightly spaced infill soil sampling to advance the anomalies to the
drill-ready stage.


In 2010 and 2011 BCGold Corp. staked nine properties in the South Quesnel region
of south central B.C., targeting blind porphyry copper-gold deposits in a region
covered by blankets of post mineralization Tertiary volcanic flows and/or thick
layers of glacial sand and gravel deposits. The properties overlay a number of
coincident geochemical and geophysical anomalies identified in Geoscience BC's
QUEST-South dataset. As a preliminary evaluation the Company conducted
grid-scale MMI soil surveys on the properties in 2011, which outlined four
copper-gold soil anomalies. The four anomalies are open in all directions and
are the focus of the 2012 follow-up exploration work.


The Bonaparte, Caribou, Bridge Lake, and Trapp Lake properties were allowed to
lapse due to unfavourable preliminary results.


WS Property, Minto-Carmacks Belt, Yukon

A tightly spaced soil and biogeochemical orientation survey has commenced on the
WS property, which is adjacent to Copper North Mining Corp.'s advanced staged
Carmacks Copper Project. The orientation survey is being conducted where
previous drilling by BCGold Corp. successfully intersected the extent of Zone
'14' of the Carmacks Copper deposit. BCGold Corp.'s drill hole WS08-09B
intersected 63.1 metres averaging 0.17% Cu, containing 23.6 metres averaging
0.34% Cu (see www.bcgoldcorp.com). The ongoing orientation survey is designed to
test alternative geochemical methods to enhance results of previous MMI soil
sampling programs and to refine drill targets along a 2-kilometre long linear
induced-polarity ("IP") geophysical anomaly associated with Zone '14'. 


BCGold Corp. owns 100% of 16 properties (15,925 hectares) strategically situated
in the Minto-Carmacks Copper-Gold Belt. The properties are located proximal and
adjacent to Capstone Mining Corp.'s Minto Mine, which is currently in
production, and Copper North Mining Corp.'s Carmacks Copper Project, which is in
the advanced mine permitting stage. BCGold Corp. has collected over 8,500 MMI
soil samples on its WS and other Minto-Carmacks properties and has defined
numerous drill-ready, coincidental copper-gold geochemical and IP / magnetic
geophysical targets.


Off-White Gold Property, Tintina Trench, Yukon

Geological mapping, prospecting, and soil sampling at the Off-White Gold
property will commence by the end of June. This exploration program is designed
to investigate the potential bedrock source for coarse-grained, angular gold
nuggets discovered in local placer mine workings, where approximately 455 ounces
of gold were mined by the property vendor. 


Microscopic studies of the recovered nuggets defined a sizable sub-population of
coarse-grained, angular nuggets, which is highly suggestive of a nearby bedrock
source. BCGold Corp. believes the source of the gold is related to an
underlying, Tombstone-style intrusive related gold system situated within the
Tintina Trench (See www.bcgoldcorp.com).


About BCGold Corp.

BCGold Corp. (TSX VENTURE:BCG) is focused primarily on gold exploration and
development in under-explored historic and emerging mining districts in British
Columbia and Yukon. BCGold Corp. acquires and develops conceptual, early and
mid-stage exploration opportunities and advances them towards resource
development. Currently, institutional investors hold 21% of the Company's
outstanding shares and Kinross Gold Corporation holds 5%.


BCGold Corp. is unique in that it not only exposes investors to the prospects of
new discoveries, but is also positioned to offset exploration costs and minimize
dilutive share issuances for capital by monetizing forward selling gold
concentrate recovered from on-site processing of bulk sample material at the
Company's high-grade gold Engineer Mine property. Efforts to engage a suitable
partner and terms for the forward sale of gravity gold concentrate are on-going.



On behalf of the Board of Directors, 

Brian P. Fowler, P. Geo., President & CEO 

Some statements in this news release contain forward-looking information or
forward-looking statements. These statements include, but are not limited to,
statements with respect to future expenditures and exploration, development and
production activities. These statements address future events and conditions
and, as such, involve known and unknown risks, uncertainties and other factors,
which may cause the actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the statements. Such factors include, among others, the timing and
completion of contemplated financings, the actual use of proceeds, receipt of
regulatory approvals and the timing and success of future exploration,
development and production activities. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise except as
otherwise required by applicable securities legislation.


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