08-May-2015
BCGold Corp. Provides Disclosure Clarification
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Vancouver, British Columbia, May 8, 2015 (TSX-V: BCG) - BCGold Corp. ("BCGold" or the
"Company") announces that as a result of a continuous disclosure review by the British Columbia
Securities Commission ("BCSC"), it is issuing the following news release to retract and clarify its
disclosure.
Restricted Disclosure of Economic Analysis
The Company's corporate presentations, detailing the Company's 100% owned Engineer Mine Property
dated April 2015, include capital cost, forecast production, operating cost estimates, Net Present Value,
Internal Rate of Return, and mine life. These were based on preliminary internal estimates. Information
related to economic viability and planned production without at least a PEA cannot be disclosed. Any
such production or financial information should not be relied upon and the Company has therefore
retracted the statements. The Company is currently focused on exploration and gathering technical
information for future design work and has no immediate plans to complete a study suitable for a PEA.
BCGold's Engineer Mine property is a previously mined property with a current defined mineral resource
as described in the NI 43-101 technical report titled 'Engineer Gold Project, BC, Canada Mineral
Resource Estimate' prepared by SNOWDEN, dated April 6, 2011. Certificates for the QPs for this
Technical Report are included in the report document.
It is the opinion of the Company's Qualified Person, Brian P. Fowler, P.Geo., that the April 6, 2011
Technical Report is the current and valid Technical Report with respect to the Mineral Resource
Statement.
The information in this News release has been reviewed by Brian P Fowler, P. Geo., BCGold Corp's Qualified Person. Mr. Fowler is not independent of the Company.
About BCGold
BCGold is a Vancouver-based junior resource company focused on copper and gold exploration in underexplored, historic and emerging mining districts in British Columbia and Yukon. The Company acquires and develops conceptual, early and mid-stage exploration opportunities and advances them towards resource development. BCGold has generated 27 early to mid-stage gold and copper-gold properties in British Columbia and Yukon.
BCGold's primary gold asset is the 100% owned, historic high-grade gold Engineer Mine property, where
the Company has defined a gold concentrate production opportunity through continued exploration, bulk
sampling and on-site milling. The Company has recently consolidated its land position at Engineer Mine,
acquiring key claims believed to partially overlay the source area for the Engineer Mine gold mineralizing
system. The Company's strategy at Engineer Mine is to focus exploration for an economic shear-hosted
gold deposit and to continue efforts to secure a qualified partner to finance the gold concentrate
production opportunity.
On behalf of the Board of Directors,
Brian P. Fowler, P. Geo.
President & CEO
For further information, please contact:
Brian P. Fowler
Tel: 604-697-2401
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.