GOLD – BCGold Corp. Aug. 25 reported that a second phase of underground drilling at its historic high-grade gold Engineer Mine Property, situated 32 kilometers, or 19 miles, west of Atlin, B.C., is scheduled to commence in mid-September of this year. Phase 2 drilling will ensue in response to the company’s achievement of its Phase 1 drilling objective, which was to confirm that high-grade gold shoots persist at depth at Engineer Mine. “Phase 1 drilling clearly demonstrated that the high-grade gold system at Engineer Mine remains open at depth and that high-grade gold shoots are predictable and more or less continuous, which is in line with the non-uniform distribution (nugget effect) of high-grade gold mineralization inherent to most narrow vein, coarse gold vein systems,” said Brian P. Fowler, president and CEO of BCGold. Phase 2 drilling will be directed at further defining the geometry of high-grade gold shoots in the Engineer and Double Decker veins and upgrading and increasing the current potential mineral target at Engineer Mine to an NI 43-101 compliant mineral resource estimate. BCGold Corp. has hired Ampex Mining Ltd. of Whitehorse, YT to excavate drill bays on the main access level of the mine (Level 5) and Lyncorp Drilling Services Inc. of Smithers, B.C. to drill up to 1,500 meters on the Double Decker Vein and along the Engineer Vein over a strike and dip length of approximately 200 meters and 150 meters, respectively. In July, five holes (640 meters) were drilled from a single underground setup on Level 5 of the mine. Three holes targeted high-grade gold extensions of the Double Decker Vein above and below the deepest level of the mine (Level 8) and two holes targeted shallow, oblique extensions of the Engineer Vein, immediately below Level 5. The Level 8 Double Decker high-grade gold shoot remains open at depth, along strike and up-dip to Level 5. BC Gold reported assay results for the first two holes in July. BCGE10-03 successfully hit the Double Decker Vein 32 meters above Level 8 and averaged 0.34 g/t gold and 1.25 g/t silver over 0.95 meters, while BCGE10-04 targeted the Engineer Vein 20 meters below Level 5, towards the southwest and down-dip of a partially mined high-grade gold shoot. This drill hole intersected 30 centimeters (true width) of vuggy, fine grained quartz at 51.50 meters depth within a stringer zone that averaged 0.24 g/t gold and 4.81 g/t silver over a core length of 0.80 meters. BCGR10-05 targeted the shallow depth extension of a similar gold shoot towards the northeast. Three vein/breccia zones were intersected, the best of which averaged 0.28 g/t gold and 1.03 g/t silver over 1.70 meters. BC Gold’s managers said drill holes BCGE10-03, BCGE10-04 and BCGE10-05 returned low gold grades, but the remain optimistic about forthcoming drill results at Engineer Mine. Low gold grades can be attributed to the “nugget effect,” which is inherent to the sampling of narrow vein, coarse gold systems such as that at Engineer Mine, and management believes that the important factor is that the Double Decker and Engineer veins persist at depth and contain the appropriate alteration assemblage known to be associated with high-grade gold mineralization at Engineer Mine.