Phase 2 Drill Program At Munro-Croesus Project

VANCOUVER, BC - HighGold Mining Inc. announced the start of the Phase 2 winter drill program at the Munro-Croesus Project located in the Timmins gold camp, Ontario, Canada. The Program is a continuation of the late fall Phase 1 drill program that systematically tested the strike and down-dip/down-plunge potential of the #2 Vein and the #4 Vein (assay results pending) located immediately south and southwest of the past producing Croesus Gold Mine and its namesake Croesus Vein.

The 8,000-meter Phase 2 winter drill program will include one drill rig and is expected to take ten to 12 weeks to complete. The Program will test established targets near the Croesus Gold Mine and will do first pass drilling at several new priority targets generated on the greater Project.

“This program marks the first time in almost a century that a consolidated Munro-Croesus land package will be evaluated under the banner of one company,” said, President and CEO Darwin Green. “The extremely high-grade nature of the Croesus Vein at an average grade of 95.3 g/t Au, and the similarities of our other targets to neighboring operating mines and deposits make this a very exciting opportunity for HighGold.”