Emgold Finds High Grade Gold at Its Buckskin Rawhide  

VANCOUVER, BC - Emgold Mining Corporation reported results of initial exploration activities at its Buckskin Rawhide property, located about 40 miles south of Fallon, Nevada. The property is located in the Rawhide Mining District and is situated adjacent to Fronteer Gold Inc.'s Regent gold-silver deposit and to Rawhide Mining Company's Rawhide Mine. Initial surface sampling of the Black Eagle Vein included two high grade gold chip samples assaying 9.0 and 7.4 ounces per ton ("opt") gold respectively.

The Buckskin Rawhide property is a volcanic-hosted, structurally controlled, epithermal gold-silver prospect in the Walker Lane gold belt of western Nevada. The Walker Lane is a regional shear zone and known gold trend that hosts large and small historic and currently operating gold-silver mines, including mines of the Comstock Lode, Tonopah District and Rawhide District. Buckskin Rawhide geology and mineralization are associated with structures from the Walker Lane along with lithologic units and structures of the Rawhide caldera. Emgold's initial surface sampling on the Black Eagle Vein was intended to check historic results from past owners of the property and to develop further understanding of gold and silver mineralization on the Black Eagle Fault. Small-scale historic mining and prospecting occurred on the Black Eagle Vein from the years 1907 to 1920 as indicated by several adits, a shaft, and four narrow stopes that were mined through to surface. Several companies explored the Buckskin Rawhide property between the years 1982 through 2001, but apparently only Kennecott Minerals Company examined the Black Eagle Vein. Kennecott's prior exploration attempted to identify open pit targets and included surface rock sampling and shallow reverse-circulation drilling. The Black Eagle Fault is a prominent north-trending structure situated on the west side of Emgold's claim block. The surrounding bedrock is volcanic and includes latite and vent breccia. The gold-silver mineralization is related to the fault and occurs over a measured strike length of 1,100 feet (and open to extension). This mineralized zone is called the Black Eagle Vein and consists of fault gouge, quartz veins, and silicified wall rocks overprinted with iron-manganese oxides. Within the Black Eagle Vein is a zone 300 feet in strike length that has been identified, to date, containing high grade gold, which is interpreted to be a steep dipping shoot. Emgold took chip samples in rock outcrops across and along the Black Eagle Vein structure. Because sample locations were based on available rock exposures, spacing between sites along strike varied from 10 to 98 feet. Chip samples were also taken across exposed segments of the vein at sample lengths of 12 to 24 inches, but did not represent the true or total thickness of the vein. Sample weights varied from one to two pounds. The first set of assays resulted in several samples with very high grades up to 9.0 opt gold. The company's address is Suite 1400, 570 Granville Street, Vancouver, BC V6C 3P1, 604.687.4622, fax: 604.687.4212.