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2006 Press Releases

Bison Plans Further Exploration in Bisset Gold Camp

October 2, 2006 - Toronto, Ontario, - Bison Gold Exploration Inc. (BGEI - CNQ) ("Bison") completes core drilling on the Company's 100% owned CENTRAL MANITOBA gold project located in the Bissett Gold Camp and plans further exploration in 2007.

The objective of the program was to test the grade and width of mineralization along the Central Manitoba mine structure in the area of the un-mined Wentworth vein, and to begin exploration at depth under previous mine workings. The Central Manitoba mine structure extends for approximately 3 km, but was only mined where high-grade gold values were present in discrete quartz veins. Mineralization at the Central Manitoba property occurs along a gabbro sill in a geologic environment which shows strong similarities to the nearby and recently re-opened SAN GOLD mine in the Bissett Gold Camp.

The scope of this initial program included nine shallow holes into the Wentworth vein and one deep hole in close proximity, reaching under the Tene mine. All drill holes intersected the Central Manitoba shear zone, with varying quartz veining and Gold mineralization. Drill results of the first nine holes were reported September 14th, 2006. Holes CM-06-1, -7 and -8 intersected high grade Gold mineralization of 9 to 17 Au g/t over narrow widths, and modest gold grades over good widths, typified by CM-06-1 with 4.13 Au g/t over 3.83m.

The final hole in this initial drilling program, CM-06-10, was drilled at -63° targeting the gabbro sill host rock at a vertical depth of 200 to 300m under and to the west of the Tene 2 and Tene 6 mine workings. A deep drill hole CM-06-10 was completed to a drill depth of 454m, intersecting the targeted gabbro host rock at 199 to 392m. Several mineralized, quartz-veined shear zones were intersected within the gabbro.

A shear zone at 287.43 - 294.20m appears to be the extension, about 200m down-dip, below mined-out stopes in the Tene 6 mine. This shear zone is quartz-veined and mineralized with chalcopyrite, a style consistent with the Central Manitoba zone. Gold-copper values, including 0.78% copper over 0.56m at 289.04 - 289.60m and 0.59% copper over 1.23m at 292.07 - 293.30m, plus 2.88 grams/t gold over 0.86m at 292.44 - 293.30m reflect the association of gold mineralization with chalcopyrite in the Central Manitoba veins. This drill hole has confirmed the continuation of the Central Manitoba veins at depth below the old mine workings and suggests a promising geologic environment for further gold discovery.

Production at the Central Manitoba mines did not extend below 200m and very little exploration was done below that depth in the 1930s. Significant tonnages of lower grade mineralization, including copper values not previously recovered may also be present along the shear zone structure between the old mine workings. Central Manitoba Mines Ltd became the first substantial gold producer in the Bissett/Rice Lake belt preceding the historic San Antonio mine at Bissett by several years.

"The results of this initial program encourage us to extend the exploration program into 2007. We are developing a comprehensive plan which will cover four targets of merit on this prolific claim package, which hosts about a dozen substantial gold occurrences with shafts and underground workings. It is clear that the Central Manitoba zone offers the best potential for discovery of significant gold mineralization." said Chris Watkiss, President and CEO of Bison Gold.

This core drill program was completed under the supervision of W. C. Hood, P.Geo. a Qualified Person under NI 43-101. A Geological report meeting the standards of National Instrument 43-101 will be completed within 45 days. W. C. Hood has reviewed this News Release.

Bison Gold Exploration Inc. is a canadian public company listed on the CNQ Exchange. Bison is focused on Gold Exploration with Property Assets in Canada and Nevada. Further details can be found on Bison's website at www.bisongold.com

For more information contact: Christopher Watkiss, President and CEO, at 416-850-4922 or W. Dale Dunlop, Secretary and Director, at 902-423-8121. Email: info@bisongold.com

THE CNQ HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This news release contains forward-looking statements regarding the timing and content of upcoming programs and may be subject to regulatory approval. Actual results may differ materially from those currently anticipated in such statements.


September 14, 2006 - Toronto, Ontario, - Bison Gold Exploration Inc. (BGEI - CNQ) ("Bison") announces initial results of core drilling on the Company's 100% owned CENTRAL MANITOBA gold project located in the Bissett Gold Camp in south-eastern Manitoba.

The primary objective of this short program was to test the grade and width of mineralization along the CENTRAL MANITOBA mine structure in the area of the un-mined Wentworth vein, situated between the Kitchener/Growler mines to the west, and the Tene/Hope/Roger mines to the east. See figure below. The CENTRAL MANITOBA mine structure extends for approximately 3 km, but was only mined (1927-1938) where high-grade gold values were present in discrete quartz veins. Mineralization at the CENTRAL MANITOBA property occurs along a gabbro sill in a geologic environment which shows strong similarities to the nearby and recently re-opened SAN GOLD mine in the Bissett Gold Camp.

The scope of this initial program included nine shallow holes into the Wentworth vein and one deep hole in close proximity, reaching under the Tene mine. Drill holes CM-06-1, -2 and -3 were drilled at -45°, -66° and -78° under a series of trenches on the Wentworth vein. Holes CM-06-4, -5 and -6 were drilled at the same orientations from a point 40m along strike to the east, and holes CM-06-7, -8 and -9 were drilled at the same orientations, 40m to the west. The core lengths are the actual lengths as drilled and have not been adjusted for the true width of the mineralized zone.

All drill holes intersected the CENTRAL MANITOBA shear zone, with varying quartz veining and Gold mineralization. The majority of these holes intersected an upper and lower quartz vein with 1 to 2 metres of sheared wallrock in between. Holes CM-06-4, -5 and -6 appear to be cutting the eastern fringe of the vein, with higher grades trending towards the west. Shear zones in the footwall of holes CM-06-5 & -6 including a narrow intersection of 2.12% Cu in the footwall of hole CM-06-5 may mark the start of the next en-echelon vein to the east along the CENTRAL MANITOBA shear. Holes CM-06-1, -7 and -8 intersected high grade Gold mineralization of 9 to 17 Au g/t over narrow widths, and modest gold grades over good widths, typified by CM-06-1 with 4.13 Au g/t over 3.83m .



Progress on Summer 2006 Mineral Exploration Programs in Ontario & Nevada

July 14, 2006 - Vancouver, BC, - Cypress Development Corp. (TSX.V: CYP) is pleased to provide an update on its summer 2006 mineral exploration programs in Red Lake, Northwestern Ontario, and in the State of Nevada.

Broulan Reef Gold Project, Red Lake, Ontario

Cypress commenced its summer 2006 diamond drill program June 23rd on its 80% owned Broulan Reef property located in the heart of the Red Lake District gold camp, Northwestern Ontario.

The Company intends to drill a minimum of 4000 metres (approx. 14,000 feet) in a total of 3 drill holes this summer. The first hole (BR #6-06) is now well under way and is currently at a depth of 895 metres (approx. 2.900 feet) and drilling at a 65 degree angle. The first hole is collared on the east shore of McKenzie Island and is drilling to the east under the waters of the Bruce Channel. Cypress Development has been advised by its contractor, Rodren Drilling, that there will be a 10 - 12 day shutdown of the rig for maintenance and repairs beginning the 16th of July. The Company expects to complete the first hole to approximately 1300 metres immediately thereafter and will then continue on with drilling the planned #2 and #3 holes.

Cypress is the first company to conduct a major deep drill program on the Broulan Reef property to explore for a continuation of the known north-south trending geology and stratigraphy hosting the adjacent Southern Star Resources / Exall Resources newly discovered high grade gold deposit on their Gold Eagle Project, and the past producer Cochenour Willans Gold Mine to the north of the Broulan Reef property. Goldcorp has the claims to the immediate east of the Broulan Reef property's boundary, and they continue to conduct a diamond drill program at this time looking for the east-west trending structures that are now know to host the Bonanza discovery on the Wolfden Resources Folansbee property.

Verde Silver / Copper Project, Walker Lane, Nevada

Cypress has now completed an initial Reverse Circulation (RC) drill program on its 100% owned Verde claims located in the Walker Lane region In Mineral County, Nevada.

This Phase 1 drill program was designed to focus in on the previous surface sampling program results by Cypress that produced bonanza grade silver assays ranging from 47 oz/ton Ag to 195 oz/ton Ag, and was accompanied by multi percent assays of copper ranging from 3.13% Cu to 5.12% Cu. The sampling also contained gram level gold values, abundant arsenic, bismuth, and mercury. Cypress believes that the silver-copper-gold-bismuth-mercury signatures encountered to date on its Verde property are directly analogous to that of the poly-metallic carbonate skarns and intrusive hosted ore bodies mined world Wide.

Cypress has completed 5 drill holes for a total of approximately 2,700 feet in an area that is structurally controlled with strongly mineralized outcrops that have remained completely untested until now. Assays are pending, and the Company advises it will be a minimum of 3 weeks before any and all assay results are received.

Gunman Zinc Project, Eureka, Nevada

Cypress has just completed a deep penetration "Titan 24" geophysical survey (4.8 line km) on its 73% owned Gunman project located in White Pine County, Northeastern Nevada. This survey was carried out by Quantec Geophysics and is considered to be the newest, most in depth informative geophysical program available.

All data from the Titan 24 survey is expected in 2 to 3 weeks. Cypress will then plan the next phase of drilling accordingly and anticipates a September 1st start date for drilling.

The Company is delineating future drill targets for zinc / silver sulfides to compliment the already discovered RH Zone on the Gunman property.

Reverse Circulation (RC) drilling by Cypress Development in 2000 / 2001 discovered a "zinc sulfide" zone underlying the RH Zone zinc oxide mineralization. Two holes (#GM 01 and #GM 09) encountered "zinc sulfides" in significant widths below the oxidized zone. The sulfides were mainly of sphalerite and pyrite. Sulfides in Hole #GM 01 was seen from 355 feet to 375 feet with an average grade of 15.2% zinc over the 20 foot intersection along with 122 grams per tonne silver over the same 20 feet. Hole #GM 09 intersected the sulfide zone from 220 feet to 330 feet with assays averaging 4% zinc over the entire 110 feet. Zinc sulfides and silver values of 8.1% zinc and 50 grams per tonne silver were reported from 240 feet to 280 feet in Hole #GM 09.

Cypress has also contracted to Earth Search Sciences Inc. (ESSI), to conduct an airborne geophysical survey over the Gunman area, and the Company's Verde and Scorpion properties for the collection and processing of hyperspectral data using the Probe-1 Imaging Spectrometer system. It is anticipated that sixteen (16) flight lines will be flown with data collected at five (5) metre resolution with a 20% overlap on the flight lines. This survey is to start immediately.

David J. Busch, B.A., B.Sc., PGeo., Vice President of Explorations, is the qualified person, under the meaning of National Instrument 43-101, and has reviewed the data in this News Release.

Cypress Development Corp. is a precious and base metal exploration company developing 2 gold properties in Red Lake, Ontario, Canada, and 2 gold properties, a silver/copper property, and a zinc property in Nevada, U.S.A. To find out more about Cypress Development Corp. (TSX.V: CYP), visit the Company's website at www.cypressdevelopmentcorp.com .

ON BEHALF OF THE BOARD OF DIRECTORS

"Don Huston"
DONALD C. HUSTON
President

For further information contact myself or:
Don Myers
Cypress Development Corp.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@cypressdevelopmentcorp.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.


Bison Gold Announces Appointments

June 19, 2006 - Toronto, Ontario, - Bison Gold Exploration Inc. (BGEI - CNQ) ("Bison") announces the appointment of James K. Gowans P. Eng. and Christopher A. Carmichael CGA to the Board of Directors.

Jim Gowans is a Professional Engineer with over 30 years experience in mineral exploration, mine feasibility studies, opening new mines, commissioning mine expansions and in the development of best practices in mine safety, mine operations and economic performance improvement. He has worked at Cominco, Placer Dome and Inco on mine projects throughout Canada as well as in Nevada and Indonesia. Jim was Executive Vice President at Placer Dome Inc., Senior Vice President and Chief Operating Officer at PT Inco Indonesia Tbk., and is currently President and CEO of DeBeers Canada Inc.

Jim has an international reputation with major mining companies and brings knowledge, expertise and guidance of the highest value to the Board of Bison as it implements its strategic and operational exploration plans.

Chris Carmichael is a Certified General Accountant with ten years experience in financial management. He is the CFO of three TSX-V companies, as well as Director and Chairman of the Audit Committee for two TSX-V companies. Chris reinforces the finance, accounting and governance roles of the Board and its Audit Committee.

Christopher Watkiss, President and CEO of Bison Gold Exploration Inc. stated, "On behalf of the Board and its Management team, I am delighted to welcome these new members to the Corporation. This marks a significant milestone achievement for Bison."

Bison Gold Exploration Inc. is a canadian public company listed on the CNQ Exchange. Bison is focused on Gold Exploration with Property Assets in Canada and Nevada. Further details can be found on Bison's website at www.bisongold.com

For more information contact: Christopher Watkiss, President and CEO, at 416-850-4922 or W. Dale Dunlop, Secretary and Director, at 902-423-8121. Email: info@bisongold.com

THE CNQ HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This news release contains forward-looking statements regarding the timing and content of upcoming programs and may be subject to regulatory approval. Actual results may differ materially from those currently anticipated in such statements.


Bison Gold Issues Stock Options

May 30, 2006 - Toronto, Ontario, - Bison Gold Exploration Inc. (BGEI - CNQ) ("Bison") is pleased to announce, subject to regulatory approval, that it has engaged Canaccord Capital Corp to act as its Agent to complete a private placement on a "best efforts" basis of 1,250,000 of flow-through shares (the "Flow Through Shares") as defined under subsection 66(15) of the Income Tax Act (Canada) and 1,562,000 units (the "Units") for aggregate gross proceeds of approximately C$2,500,000 with an option exercisable by the Agent at any time before closing to increase the aggregate gross proceeds raised by up to C$500,000 (collectively the "Offerings").

Each Unit will be issued at a price of C$0.80 and each Flow Through Share will be issued at a price of C$1.00. Each Unit shall consist of one common share ("Common Share") and one-half of one share purchase warrant. Each whole share purchase warrant (a "Warrant") shall be exercisable to acquire one common share at a price of $1.20 for a period of 18 months (the "Warrant Term") from the Closing Date.

The proceeds from the Offerings will be used to fund Bison's ongoing exploration program on its Central Manitoba property in Bissett, Canada, as well as working capital and general corporate services.

In consideration for its services, Canaccord will receive an 8% commission and broker warrants that will entitle the Agent to acquire that number of Units that is equal to 10% of the sum of the number of Flow Through Shares and Units issued on the Closing Date. Each Broker Warrant will entitle the holder to acquire one Unit at an exercise price of $0.80 for a period of 18 months from the Closing Date. The Agent will also receive options to acquire 200,000 Common Shares, which options shall be exercisable for a period of five years at $0.80 per share.

Bison Gold Exploration Inc. is a canadian public company listed on the CNQ Exchange. Bison is focused on Gold Exploration with Property Assets in Canada and Nevada. Further details can be found on Bison's website at www.bisongold.com

For more information contact: Christopher Watkiss, President and CEO, at 416-850-4922 or W. Dale Dunlop, Secretary and Director, at 902-423-8121. Email: info@bisongold.com

THE CNQ HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This news release contains forward-looking statements regarding the timing and content of upcoming programs and may be subject to regulatory approval. Actual results may differ materially from those currently anticipated in such statements.


Bison Gold Issues Stock Options

Toronto, Ontario, March 06, 2006 - Bison Gold Exploration Inc. (BGEI - CNQ) announces it has issued the first stock options in accordance with its stock option plan.

The total number of optioned shares is 1,590,000 which represents 7.4% of the total issued and outstanding shares of 20,375,474 (excluding stock options). The number of remaining shares reserved for issuance under the plan is 290,000.

There are no other outstanding options.

Name of Optionee Position Insider No. of Optioned Shares Expiry Date
Christopher Watkiss. Director Yes 500,000 23 Dec 2010
W. Dale Dunlop. Director Yes 153,334 23 Dec 2010
Peter C. Dunlop. Consultant No 153,333 23 Dec 2010
Keith J. Engel. Consultant No 153,333 23 Dec 2010
Brian L. MacLellan. Director Yes 100,000 23 Dec 2010
James K. Gowans. Consultant No 250,000 23 Dec 2010
Union Securities Ltd. Consultant No 200,000 23 Dec 2006

Bison Gold is a Canadian Public Company Focused on Gold Exploration with Property Assets in Manitoba, Saskatchewan and Nevada.

For more information contact: Christopher Watkiss, President, at 416-850-4922 or W. Dale Dunlop, Director, at 902-423-8121.

The CNQ has not reviewed and does not accept responsibility for the adequacy of this news release.



 

 

 

 

 

 

 

 

 

 

 

 






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