2011 Press Releases

November 02, 2011 11:42 ET

Bison Gold Resources Inc. Exploration Update: Surface Exploration Identifies Additional Gold-Bearing Structures on the Central Manitoba and Cryderman Properties

TORONTO, ONTARIO--(Marketwire - Nov. 2, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to provide an update on results from ongoing surface work on the Ogama-Rockland trend from the company's Central Manitoba Property and the Cryderman Property.

Extensive clearing, trenching and channel sampling in the Ogama-Rockland area of the Central Manitoba Property has discovered additional gold-bearing structures. Following up on the discovery of the HW3 zone by diamond drilling and field mapping/sampling (see News Releases dated July 8, 2011 and September 15, 2011), Bison technical personnel conducted extensive clearing along strike to the east following the surface expression of the gold-bearing structure. The HW3 zone has been confirmed to extend 100 metres along strike to the east of the original discovery as confirmed by surface channel samples C-841 and C-755. Please refer to the following table for the assay results.

Sample/Channel

UTM E
(m)

UTM N
(m)

Area

Type

Width
(m)

Au
g/t

C-755

332755

5639582

Ogama

composite

1.85

27.25

420838

including

 

Ogama

channel

0.30

152.1

420839

including

 

Ogama

channel

0.30

15.67

C-841

332841

5639524

Ogama

composite

0.90

26.18

420867

including

 

Ogama

channel

0.30

42.01

420868

including

 

Ogama

channel

0.30

24.18

420869

including

 

Ogama

channel

0.30

12.35

Bison technical personnel have continued their extensive surface program on the Property in anticipation of a major diamond drilling campaign during the winter months of 2011-2012.

The Cryderman Property, located approximately 8 km to the north of the Central Manitoba Property and approximately 23 km east of San Gold Corporation's Rice Lake Gold Mines Project, has seen sporadic exploration and limited development since the initial discovery of a large gold-bearing quartz vein in 1925. By 1932, a 79 metre shaft had been sunk on the 'Main Vein' and Cryderman Gold Mining Ltd. attempted production but only produced 373 ounces of gold over a 3 month period. Limited exploration has occurred on the Property since the failed attempt at production.

Bison technical personnel conducted an extensive due diligence and compilation of all the historical exploration on the Property. Highlights of this due diligence are: four shear-hosted gold-bearing structures have been discovered on the Property to date; an additional four multimedia gold geochemical anomalies exist on the Property and remain untested and; the original Cryderman Deposit remains open along strike and to depth.

In mid-August of 2011, Bison initiated the first modern reconnaissance field mapping and geochemical sampling program on the Cryderman Property based on their due diligence work. Results were very encouraging with the historical mineralized showings confirmed by sampling. Seven (7) of one hundred and thirty-six (136) grab samples returned gold values greater than 3 g/t Au with a majority of the samples being taken in an attempt to identify lithological and alteration geochemistry surrounding heavily mineralized rocks. Please refer to the table below for the assay results.

Sample/Channel

UTM E
(m)

UTM N
(m)

Area

Type

Width
(m)

Au
g/t

492602

332342

5650111

Cryderman

grab

n/a

61.09

492604

332342

5650111

Cryderman

grab

n/a

37.48

492613

332386

5650080

Cryderman

float

n/a

32.92

492603

332342

5650111

Cryderman

grab

n/a

27.16

492604

332279

5650183

Cryderman

grab

n/a

15.78

492605

332266

5650193

Cryderman

grab

n/a

14.68

492606

332611

5650355

Cryderman

grab

n/a

3.02

"We are very encouraged by the results obtained from our exploration team on the Cryderman Property this summer," stated Lucas Ewart, President and CEO of Bison. "We believe there is great potential for the Cryderman Property to host significant gold mineralization and the exploration team has been tasked with developing the next phase of exploration work that will include diamond drilling on the Property for 2012."

QA/QC

All rock samples from surface exploration are sent to TSL Labs in Saskatoon , SK and the other half retained for reference. A representative sample for each sample sent for assay is collected in the field and stored at Bison's core processing facility. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their on-site facility.

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release.


October 17, 2011 13:48 ET

Bison Gold Resources Inc. Announce Changes to Its Board of Directors

TORONTO , ONTARIO --(Marketwire - Oct. 17, 2011) - Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce the appointment of Ms. Julie Lassonde to the Board of Directors of the Company. Ms. Lassonde replaces Mr. Dale Dunlop, who, effective October 3, 2011, has resigned from the Board of Directors.

Ms. Lassonde is currently the Executive Chairman, CEO & Director of Shear Diamonds, a Canadian- based company focused on diamond exploration and development in Canada's North. She has over 14 years of experience in various financial and engineering fields including work as a civil engineer with SNC-Lavalin and investment banking experience with Macquarie Bank Ltd. In Australia and the U.S.A. Ms. Lassonde holds a degree in Civil Engineering from Queen's University. She is currently a director of Halo Resources Inc., past President and CEO of Garson Gold Corp. and past director of Takara Resources Inc. and St. Eugene Mining. She is also a Board Member of the Canadian Engineering Memorial Foundation, sits on the board of the fundraising committee for Queen's University Engineering Campaign and is a member of the Advisor Board for Civil Engineering at the University of Toronto .

Lucas Ewart, President and CEO stated, "These are exciting times for Bison Gold and with the addition of Ms. Lassonde, her invaluable experience in mining and investment banking is a welcome addition to our team. We thank Mr. Dunlop for all of his contributions during his tenure as a member of the Company's Board of Directors, we wish him all the best in his future endeavors."

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. Further details can be found on Bison Gold's website at  www.bisongold.com .

Neither the 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.


September 15, 2011 16:25 ET

Bison Gold Resources Inc. Provides Exploration Update and Grants Stock Options

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2011) -  Bison Gold Resources Inc. (Bison Gold or the "Company") (TSX VENTURE:BGE) is pleased to announce it has completed a total of 31 holes on the Central Manitoba Property and are currently awaiting 1050 assay results from drill holes OG-11-15 through to OG-11-28. Drill holes OG-11-16 through to OG-11-28 were designed to test near surface gold mineralization discovered by Bison personnel this past summer and gold in soil geochemical anomalies.

Surface exploration will continue on the Property throughout the fall. A 29 line-km grid is near completion on the Eldorado zone where extensive geological mapping, trenching and channel sampling has been ongoing since June. The Eldorado zone, a quartz vein hosted gold-bearing structure has been followed and traced for > 1 km and additional en echelon gold-bearing structures have been identified. Bison plans to conduct a surface-based VLF-EM and magnetometer survey on the Eldorado grid to further aid in targeting for diamond drilling after freeze-up this fall.

The table below outlines the highlights of the 516 assay results received to date from surface exploration (see also press release dated July 8, 2011).

Sample

UTM E

UTM N

Type

AREA

Au g/t

490621

332181

5641903

gr

Eldorado

64.23

490604

332220

5641851

gr

Eldorado

41.67

490617

332181

5641903

gr

Eldorado

40.91

490609

332134

5641978

gr

Eldorado

23.80

490625

332164

5641934

gr

Eldorado

11.83

490707

331079

5641528

gr

Eldorado

10.15

420416

332755

5639582

gr

Ogama HW3

313.40

420708

332031

5639540

gr

Ogama SW

75.96

420219

332265

5639412

gr

Ogama South

64.44

420777

332404

5640421

gr

Ogama North

57.99

420383

332034

5639537

gr

Ogama SW

39.06

420727

331780

5640052

gr

Rockland West

30.38

420404

332681

5639534

gr

Ogama HW2

22.67

420536

332251

5639579

gr

Ogama SW

16.91

420436

332786

5639563

gr

Ogama HW3

11.56

420403

332681

5639534

gr

Ogama HW2

10.46

Note: "gr" = grab sample

"To date, we have identified and outlined 10 additional near-surface gold-bearing structures within 1 km of the Ogama mine workings that will be drill-tested this fall and winter," stated Lucas Ewart, President and CEO of Bison Gold.

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility. All rock samples from surface exploration follow the same rigorous protocols. A representative sample for each sample sent for assay is collected in the field and stored at Bison's core processing facility.

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release. Scott Snider, B.Sc., Exploration Manager and Lori Stewart, M.Sc., GIT supervise field operations and database management.

In addition, the Company is pleased to announce that under the Company's Stock Option Plan (the "Plan"), the Board of Directors of Bison Gold granted to Directors, Officers and employees of the Company incentive stock options to purchase an aggregate of 950,000 common shares of the Company at an exercise price of $0.20 per share expiring September 6, 2016. The incentive stock options are subject to acceptance by the TSX Venture Exchange. The number of shares reserved for issuance under the Plan is 6,806,148 of which 5,902,501 have been granted under the Plan.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations.


August 25, 2011 10:23 ET

Bison Gold Resources Inc. Announces Appointment of Director

TORONTO , ONTARIO --(Marketwire - Aug. 25, 2011) -   Bison Gold Resources Inc.  ("Bison Gold" or the "Company") (TSX VENTURE:BGE) today is pleased to announce the appointment of Mr. Robert Power to the Board of Directors.

Mr. Power brings corporate leadership and a broad range of experience in natural resources, energy, environment, law and business. Mr. Power is the Executive Board Chair of Wescorp Energy, a clean water technology company serving the oil and gas sector, and is a board member of CanAm Coal, a TSXV listed company with operating coal assets in Alabama . He recently completed a 5 year term as Co-Chair of Blakes national energy law group. Blakes is one of Canada 's oldest, largest and most successful international law firms. He has significant public and private business and legal experience, and has been a board member of various natural resources public companies.

Prior to focusing on business in 2009, Mr. Power was ranked by the international periodical, Chambers Global in the number 1 tier of lawyers internationally, and is described as "an extraordinary manager and deal maker; he provides a brilliant mixture of business and legal advice". Annually, Mr. Power was recognized in The Lexpert/ American Lawyer Guide to the Leading 500 Lawyers in Canada , and is described by the National Post as a "globally respected" lawyer. The Lexpert-Thomson Findlaw Guide recognizes Mr Power as one of the "Leading 100 Canada/US Cross-Border Corporate Lawyers in Canada " (2005).

Lucas Ewart, President and CEO, stated, "We welcome Mr. Robert Power and his extensive experience to the Board. His addition will be of great value as we work towards growing the Company through its exploration and development programs."

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold.

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.

Neither the 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.


Bison Gold Resources Inc. Central Manitoba Property Update: Drilling intersects 37.61 g/t Au over 2.82 metres in OG-11-13 and 19.86 g/t Au over 4.05 metres in OG-11-14

TORONTO , ONTARIO --(Marketwire - Aug. 24, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to provide an update on results from drilling on the Ogama-Rockland trend from the company's Central Manitoba Property.

Diamond drilling continues to intersect high grade gold mineralization in the three new gold-bearing structures: HW1,HW2 and HW3 (see press release dated July 8 th , 2011). Drill hole OG-11-13 cut 37.61 g/t Au over 2.82 metres through HW1. Drill hole OG-11-14 cut 19.86 g/t Au over 4.05 metres. Additional gold intersections are included in the drilling highlights table below. All reported widths are core widths and not true widths.

Drill Hole

Core interval (m)

Width (m)

Au g/t

Zone

OG-11-13

403.68 – 406.60

2.82

37.61

HW1

OG-11-13

209.40 – 210.92

1.52

5.35

HW2

OG-11-13

600.82 – 609.64

8.82

0.80

Ogama

OG-11-14

201.07 – 205.12

4.05

19.86

HW2

OG-11-14

465.02 – 466.00

0.98

5.35

HW1

OG-11-14

584.16 – 600.49

16.33

0.27

Ogama

"Our diamond drilling program continues to intersect significant gold zones and we now have multiple targets, both near surface and deep, for future exploration", stated Lucas Ewart, President and CEO for Bison Gold. Bison is currently drilling near surface targets (<50 metres depth) that were identified from Au-in-soil geochemical anomalies and surface exploration efforts from this past summer. The next set of results is anticipated within the next two to three weeks.

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility.

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations. Further details can be found on Bison Gold's website at  www.bisongold.com .

We seek safe harbour. 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. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Bison undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Neither the 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.


August 03, 2011 11:02 ET

Bison Gold Resources Inc.'s Strategic Alternative Review Committee Provides Progress Update

TORONTO , ONTARIO --(Marketwire - Aug. 3, 2011) -   Bison Gold Resources Inc.  ("Bison Gold" or the "Company") (TSX VENTURE:BGE) today provides an update on the Strategic Alternative Review ("SAR") Committee's progress.

Bison Gold's Strategic Alternative Review Committee reports that it is in the process of reviewing multiple arrangements with senior gold producers that may be interested in escalating Bison Gold's exploration program in the Rice Lake region of Manitoba, where the Company has 26 claims over 12.2 sq. miles and 2 past producing mines with historical production of 205,474 oz Au. Confidentiality Agreements have been executed.

The SAR Committee was formed on September 14, 2010 to help unlock shareholder value and further develop Bison Gold's assets. Members of the SAR Committee include Lucas Ewart, President and CEO, Amir Mousavi, V.P. Corporate Development and CFO, Borys Chabursky, Director. The decision to form the SAR Committee was approved by Bison Gold's Board of Directors to focus on possible expansion, investment and joint venture opportunities with other gold companies in the business of exploration and/or gold production.

Lucas Ewart, said, "We believe that this is an opportune time for us to review partnerships with senior gold companies for enhancing shareholder value. However, as we participate in this process, we will continue to move forward with our aggressive exploration program at the Ogama Zone". Bison Gold's Ogama Zone has been the focus of an aggressive drilling program that commenced in November 2011 and has yielded exceptional results.

The following results were initially released on Marketwire on May 30, 2011. The widths reported are drill intercepted core widths and not true widths.

Drill Hole

Core interval (m)

Width (m)

Au g/t

OG-11-09

365.25 - 369.07

3.82

96.5

OG-11-09

182.71 - 185.01

2.3

15.6

OG-11-08

61.18 - 63.09

1.91

206.0

OG-11-08

383.13 - 383.85

0.72

9.4

OG-11-07

411.76 - 413.61

1.85

15.1

OG-11-04

431.14 - 433.29

2.15

14.3

including

433.05 - 438.40

5.35

7.8

OG-10-04

402.77 – 405.23

2.46

37.1

Including

402.77 – 403.53

0.76

117.9

OG-10-04

199.48 – 200.35

0.87

27.3

OG-10-05

485.36 – 511.00

25.64

5.3

including

489.86 – 496.41

6.55

17.6

including

489.86 – 491.63

1.77

50.8

including

493.34 – 496.41

3.07

8.2

including

501.08 – 504.71

3.63

4.5

OG-10-05

158.29 – 159.75

1.46

16.6

The Company has stated that there can be no assurance that this process will lead to the approval or completion of any definitive agreement or other transaction.

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. Further details can be found on Bison Gold's website at  www.bisongold.com .

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.

Neither the 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.


Bison Gold Resources Inc. Central Manitoba Property Update: Drilling on Ogama-Rockland Trend Confirm Three Additional Gold-Bearing Structures to the Ogama Zone

TORONTO , ONTARIO --(Marketwire - July 8, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to provide an update on results from drilling on the Ogama-Rockland trend from the company's Central Manitoba Property.

Three new additional gold-bearing structures parallel to the Ogama zone have now been confirmed through diamond drilling. They have been termed by the company: HW1, HW2 and HW3 and they are approximately 50 metres, 200 metres and 300 metres north-east of the Ogama zone, respectively. The drill holes reported here were drilled in a fence approximately 50 metres along strike to the southeast of drill holes OG-11-09 and OG-11-08 (see press release dated May 30th, 2011) with intersections that include: 3.82 metres of 96.5 g/t Au (Ogama zone) and 2.30 metres of 15.6 g/t Au (HW2) from OG-11-09 and 1.91 metres of 206.0 g/t Au from OG-11-08 (HW3). This new interpretation is based upon drill results from six holes and follow-up surface investigations. Intersections from holes OG-11-10, OG-11-11 and OG-11-12 are tabulated below. The widths reported are drill intercepted core widths and not true widths. Estimated true widths range from 70% of 90% of core widths. OG-11-13, the fourth hole of this fence of drilling has been completed and the company is currently awaiting assay results. OG-11-14 is currently being drilled with a target of the Ogama zone 50 metres beneath the intersection of 3.82 metres of 96.5 g/t Au in hole OG-11-09.

Drill Hole

Core interval (m)

Width (m)

Au g/t

Zone

OG-11-12

27.78 - 31.80

4.02

14.4

HW3

including

28.30 - 30.55

2.25

25.6

HW3

OG-11-12

412.20 - 414.76

2.56

2.2

HW1

OG-11-12

473.55 - 539.77

66.32

0.2

Ogama

including

527.05 - 529.10

2.05

1.3

Ogama

including

475.61 - 476.68

1.07

1.1

Ogama

OG-11-11

197.52 - 200.52

3.00

3.2

HW2

OG-11-11

363.40 - 365.15

1.75

4.2

HW1

OG-11-10

425.24 - 429.64

4.40

1.5

Ogama

"We are very pleased with the results of this drilling program to date. We have not only intersected high grades and widths from the Ogama zone at depth and along strike from the old mine workings, but we have now identified three new gold-bearing structures, which have become legitimate targets for our exploration efforts on the property", stated Lucas Ewart, President and CEO for Bison Gold. As well, Bison plans to drill test at depth below the Ogama zone intersection from OG-10-05 which cut 5.3 g/t Au over 25.64 metres and drill test a previously un-tested, near surface, multi-line gold-in-soil MMI anomaly approximately 250 metres along strike to the northwest of the Ogama mine workings.

Surface Exploration Update

Bison mobilised field crews to the Central Manitoba Property in late May and have been conducting extensive investigations of the Eldorado zone, Ogama West and the surface projections of the HW1, HW2 and HW3 zones. The program consists of extensive grab, chip and channel sampling, lithological and structural mapping and prospecting. To date, Bison crews have identified the main Eldorado zone at surface and followed it for a strike length of 185 metres; identified an additional gold-bearing structure approximately 1 km to the northeast of the Eldorado zone (Eldorado east); identified intense alteration, structure and mineralization in the vicinity of the multi-line, gold-in-soil MMI anomaly (drill target for this program) and identified the surficial expressions of the HW1, HW2 and HW3 zones. Initial highlights are tabulated below.

SAMPLE

UTM EASTING

UTM NORTHING

TYPE

Au g/t

ZONE

420219

332265

5639412

grab

64.4

Ogama West

490621

332181

5641903

grab

64.2

Eldorado East

490604

332220

5641851

grab

41.7

Eldorado East

490617

332181

5641903

grab

40.9

Eldorado East

490625

332164

5641934

grab

11.8

Eldorado East

490707

331079

5641528

grab

10.2

Eldorado

490618

332181

5641903

grab

10.0

Eldorado East

490605

332220

5641851

grab

9.1

Eldorado East

420216

332508

5639607

grab

6.9

HW1

490705

331051

5641564

grab

5.5

Eldorado

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility. All rock samples from surface exploration follow the same rigorous protocols. A representative sample for each sample sent for assay is collected in the field and stored at Bison's core processing facility.

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations. Further details can be found on Bison Gold's website at  www.bisongold.com .

We seek safe harbour. 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. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Bison undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Neither the 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.


Bison Gold Resources Inc. Announces Appointment of Interim Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - June 29, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company")  (TSX VENTURE:BGE)  today announced the appointment of Mr. Amir Mousavi as Interim Chief Financial Officer of the Company effective June 28, 2011.

Mr. Amir Mousavi is currently the Company's Vice President of Corporate Development and a member of the Company's Strategic Alternative Review Committee. Mr. Mousavi has also worked in the investment industry since 1992 and is registered as Investment Council and Portfolio Manager with the Ontario Securities Commission. Mr. Mousavi has experience working with several mining companies assisting with financings, debt restructuring and corporate development. Mr. Mousavi replaces Mr. Chris Carmichael after 5 years of dedicated service as the Bison Gold's Chief Financial Officer (CFO). Mr. Carmichael will remain with the Company on a consulting basis.

"Since joining Bison Gold in 2010 Mr. Mousavi has proven to be a trusted, knowledgeable and valuable member of our team. His detailed knowledge of our organization and industry will hold him in good stead in this new position. I look forward to our continued working relationship in his additional role as our interim CFO," stated Mr. Lucas Ewart, Chief Executive Officer. Mr. Ewart added "On behalf of our shareholders, board of directors and entire management team, we wish to thank Chris Carmichael for his outstanding contribution to the Company throughout his five years of service. Chris Carmichael was a key player in the critical early years of building the Company."

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. Further details can be found on Bison Gold's website at  www.bisongold.com .

We seek safe harbour.

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.

Neither the 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.


June 20, 2011 12:00 ET

Bison Gold Resources Inc. Closes Second and Final Tranche of Flow-Through and Non-Flow-Through Private Placement Financing and Provides Exploration Update on Central Manitoba Property

TORONTO, ONTARIO--(Marketwire - June 20, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) today announced that it has closed the second and final tranche of its non-brokered private placement originally announced on April 8, 2011 for aggregate gross proceeds of $2,145,919.55. Bison Gold issued 3,502,400 common shares issued on a flow-through basis under the  Income Tax Act  (Canada), as amended, (the "Flow-Through Shares") at a price of $0.45 per share for gross proceeds of $1,576,080, and issued 1,628,113 units (the "Units") at a price of $0.35 per Unit for gross proceeds of $569,839.95. On closing the second tranche, the Company issued 485,713 Units for gross proceeds of $169,999.95.

Each Unit consists of one common share and one half of one common share purchase warrant (each whole warrant a "Warrant"). Each Warrant entitles the holder to purchase one common share at a price of $0.50, and has an expiry period of two years. The Warrants may be subject to accelerated expiry in certain circumstances.

All common shares and Warrants comprising part of the Units issued will be subject to a four-month and one day hold period from the date of closing. The gross proceeds of the Flow-Through Share financing and the net proceeds of the Unit financing will be used exclusively to fund the Company's ongoing exploration programs in the province of Manitoba .

In connection with the first tranche of the non-brokered private placement, the Company paid finder's fees consisting of $91,708.50.

The private placement offerings are subject to the final approval of the TSX Venture Exchange.

Exploration Update

Bison has mobilized field crew to the Central Manitoba Property. Surface exploration for the summer on the Central Manitoba Property will focus on the Eldorado Zone, where a grab sample from the 2010 surface program returned results of 162.6 g/t Au; follow-up on previously unidentified gold-bearing structures identified from the current diamond drilling program in the "hangingwall" of the Ogama deposit and follow-up on a near surface, two-line, multi-station soil MMI gold anomaly between the historic Ogama and Rockland Deposits.

Bison is currently drilling the fourth hole of a four-hole fence that stepped out 50 metres east and along strike of the diamond drill holes OG-11-08 and OG-11-09. Results from the first three holes of this fence are expected within the next few weeks.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold
.

May 30, 2011 10:45 ET

Bison Gold Resources Inc. Central Manitoba Property Update: Highest Grade Gold Intersections From Diamond Drilling Further Confirm Depth, Strike Extension and Identify New Gold-bearing Structures

TORONTO, ONTARIO--(Marketwire - May 30, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company")  (TSX VENTURE:BGE)  is pleased to provide an update on results from exploration drilling on the Ogama-Rockland trend from the company's Central Manitoba Property which has yielded its highest gold intersections to date.

Highlights include: diamond drill hole OG-11-09 which intersected 7.96 meters of 46.19 g/t Au in a zone of intense alteration and quartz veining containing visible gold within a granodiorite. This drill hole intersected the Ogama zone approximately 100 metres west of drill hole OG-09-01, which intersected 36 g/t Au over 1.92 metres and 42 metres below OG-09-02, which intersected 25 g/t Au over 0.99 metres. Additionally, drill hole OG-11-09 intersected a new gold-bearing structure in the 'hangingwall' to the Ogama zone; 2.30 metres of 15.56 g/t Au. Drill hole OG-11-08 intersected a previously unrecognized near surface heavily altered structure containing a vein of coarse visible gold associated with fine-grained pyrite. This new zone cut 206.00 g/t Au over 1.91 metres. Significant results are tabulated below. The widths reported are drill intercepted core widths and not true widths.

Drill Hole

Core interval (m)

Width (m)

Au g/t

ZONE

OG-11-09

365.25 - 369.07

3.82

96.47

Ogama

 

182.71 - 185.01

2.30

15.56

Hangingwall

OG-11-08

61.18 - 63.09

1.91

206.00

Hangingwall

 

383.13 - 383.85

0.72

9.39

Ogama

OG-11-07

411.76 - 413.61

1.85

15.14

Ogama

OG-11-06

426.36 - 430.23

3.87

1.53

Ogama

OG-11-05

209.16 - 213.00

3.84

1.70

Hangingwall

OG-11-04

199.76 - 200.99

7.09

1.23

Hangingwall

 

221.50 - 223.52

2.02

1.57

Hangingwall

 

427.50 - 443.90

16.40

2.64

Ogama

including

431.14 - 433.29

2.15

14.33

Ogama

including

433.05 - 438.40

5.35

7.81

Ogama

OG-11-03

no significant values

 

 

 

OG-11-02

191.46 - 192.90

1.44

1.38

Hangingwall

OG-11-02

197.82 - 199.55

1.73

2.75

Hangingwall

OG-11-01

94.00 - 95.00

1.00

1.66

Hangingwall

"Our drilling to date has outlined significant high-grade mineralization at depth below and extending along strike to the old Ogama mine workings as well as intersected multiple additional structures and drill targets in the 'hangingwall wall' to the Ogama structure", stated Lucas Ewart, President and CEO for Bison Gold. Bison is currently drilling a fence of holes approximately 50 m to the east of the intersections from holes OG-11-08 and OG-11-08. Initial results from the holes are anticipated to be released in the coming weeks as there are over 600 prepared core samples still awaiting assay testing.

"We are exceptionally pleased with the success rate of our drilling targets and with over $3.7 million in the treasury we will continue our active exploration program through the summer and fall of 2011", stated Amir Mousavi, VP Corporate Development for Bison Gold. Over the past 6 months alone Bison Gold has conducted over 7000 meters of drilling making it the most active pure exploration company in the Rice Lake area.

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility.

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations.


April 27, 2011 12:00 ET

Bison Gold Resources Inc. Closes First Tranche of Flow-Through and Non-Flow-Through Private Placement Financing

TORONTO , ONTARIO --(Marketwire - April 27, 2011) -Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) today announced that it has closed the first tranche of its non-brokered private placement originally announced on April 8, 2011. The flow-through portion of the offering was oversubscribed with the Company raising aggregate gross proceeds of $1,576,080+399,840 by issuing 3,502,400 common shares issued on a flow-through basis under the  Income Tax Act  (Canada), as amended (the "Flow-Through Shares") for gross proceeds of $1,576,080 and issuing 1,142,400 units (the "Units") at a price of $0.35 per Unit for gross proceeds of $399,840.

"We are very pleased with the successful first tranche closing of our 2011 financing. The fact that Bison Gold was able to raise support at a premium to market and at a time when junior explorers have taken a 'breather' across the board is a testament to the companyGǃs future potential and to its very loyal shareholders that have supported the companyGǃs exploration program", says Amir Mousavi, VP Corporate Development. "We will continue to work towards unlocking shareholder value through strategic development and exploration".

Each Unit consists of one common share and one half of one common share purchase warrant ("Warrant"). Each full Warrant entitles the holder to purchase one common share at a price of $0.50, and has an expiry period of two years. The Warrants may be subject to accelerated expiry in certain circumstances. Proceeds of the non-flow-through private placement financing will be used for general working capital purposes.

All common shares issued will be subject to a four-month and one day hold period from the date of closing. The gross proceeds of the Flow-Through Share financing and the net proceeds of the Unit financing will be used exclusively to fund the Company's ongoing exploration programs in the province of Manitoba .

In connection with the first tranche of the flow-through and non-flow through private placement offerings, the Company will pay finders' fees consisting of $91,708.50.

The private placement offerings are both subject to the final approval of the TSX Venture Exchange.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold.


April 08, 2011 12:00 ET

Bison Gold Resources Inc. Announces Flow-Through and Non-Flow-Through Private Placement Financing

TORONTO, ONTARIO--(Marketwire - April 8, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) today announced that it has received conditional approval of a non-brokered flow-through private placement financing of up to 3,333,334 common shares at price of $0.45 per share for an aggregate gross proceeds of up to $1,500,000. All common shares issued will be subject to a four- month hold period from the date of closing. The proceeds of the flow- through financing will be used to fund the Company's ongoing exploration programs in the province of Manitoba .

In addition, the Company has received conditional approval of a non- brokered non-flow-through private placement financing of up to 2,857,143 units ("Units") at a price of $0.35 per Unit for an aggregate gross proceeds of up to $1,000,000. Each Unit consists of one common share and one half of one common share purchase warrant ("Warrant"). Each full Warrant entitles the holder to purchase one common share at a price of $0.50, and has an expiry period of two years. All common shares issued will be subject to a four-month hold period. The Warrants may be subject to accelerated expiry in certain circumstances. Proceeds of the non-flow-through private placement financing will be used for general working capital purposes.

In connection with the flow-through and non-flow through private placement offerings, the Company may pay finders' fees and may also issue broker warrants.

The private placement offerings are both subject to the final approval of the TSX Venture Exchange.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. Further details can be found on Bison Gold's website at  www.bisongold.com .

We seek safe harbour.

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.

Neither the 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.


April 07, 2011 10:19 ET

Bison Gold Resources Inc. Increases Drilling Program from 5,000 Metres to 10,000 Metres on the Central Manitoba Property, Announces Appointment of Gene McLean to Its Board of Directors

TORONTO, ONTARIO--(Marketwire - April 7, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce that the company has increased the size of the diamond drilling program from 5,000 to 10,000 metres based on encouraging results from the first eight drill holes completed on the Ogama zone extension. The company is currently completing the fence of drill holes following up on diamond drill hole OG-10-04 which intersected 2.46 metres of 37.1 g/t Au. The company expects assay results from this drilling within the coming weeks.

"We are very encouraged by the significant high grade gold mineralization intersected to date on this program in not only the extension to depth and strike of the Ogama zone but of additional high grade „hangingwall‟ gold mineralization intersected by diamond drill holes to date," stated Lucas Ewart, President and CEO of Bison. "We doubled the size of the drilling program to accommodate additional follow-up drilling on the high grade results received to date".

Bison plans to, with the additional 5,000 metres, complete drilling to test the depth extension of drill hole OG-10-05 which intersected 17.6 g/t Au over 6.55 metres within a 25.64 metre intercept that returned assays of 5.3 g/t Au and to test depth and strike extensions to drill holes OG-09-01 and OG-09-02 which returned high grade intercepts of 36.5 g/t Au over 1.92 metres and 26.5 g/t Au over 1.25 metres, respectively.

All drill intercepts reported within this news release are drill core widths and not true widths.

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility.

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release.

In addition, Bison Gold Resources Inc. is pleased to announce the appointment of Mr. Gene McLean to the Board of Directors.

Mr. Gene McLean is an Executive Security Advisor and Principal of McLean Security Advisory & Associates Inc. Mr. McLean specializes in corporate, government and private sector organizations consulting on security and risk management. Mr. McLean brings over 35 years of relevant experience and most recently was Vice President and Chief Security Officer for TELUS Corporation as well as a member of the TELUS Compliance Council and TELUS Ethics Work Group. Mr. McLean continues a relationship consulting with TELUS.

Mr. McLean is a Life Member of the Canadian Association of Chiefs of Police, an Associate Member of the International Association of Chiefs of Police. He has and continues to serve on a number of boards including the Canadian Air Transport Security Authority (CATSA), a federal government appointment and as President and Chairman of the Board of the Canadian Society for Industrial Security.

Mr. Lucas Ewart, President & CEO of Bison Gold stated, "We are very fortunate to be able to attract someone of Mr. McLean's calibre and experience to Bison Gold."

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.‟s Rice Lake Mining Operations.


February 28, 2011 16:30 ET

Bison Gold Announces a Change to its Board of Directors and Issues Stock Options

TORONTO , ONTARIO --(Marketwire - Feb. 28, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce the appointment of Mr. Jason Ewart to the Board of Directors of the Company. Mr. Ewart replaces Chris Carmichael who, effective today, has resigned from the Board of Directors. Mr. Carmichael remains Bison Gold's Chief Financial Officer and Corporate Secretary. Mr. Ewart is the Chief Executive Officer of GC-Global Capital Corp., a 10% shareholder of Bison Gold.

Also, under the Company's Stock Option Plan (the "Plan"), the Board of Directors of Bison Gold granted to Directors, Officers and employees of the Company incentive stock options to purchase an aggregate of 2,090,000 common shares of the Company at an exercise price of $0.36 per share expiring February 28, 2016. The incentive stock options are subject to acceptance by the TSX Venture Exchange. The number of shares reserved for issuance under the Plan is 5,513,819 of which 4,827,500 have been granted under the Plan.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada
|

February 24, 2011 10:41 ET

Bison Gold Resources Inc. Central Manitoba Property Update: High Grade Gold Intersections from Diamond Drilling on Ogama-Rockland Trend Confirm Depth Extension of the Ogama Zone

TORONTO , ONTARIO --(Marketwire - Feb. 24, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce further results from drilling on the Ogama-Rockland trend on the company's Central Manitoba Property.

Diamond drill hole OG-10-05 intersected the Ogama structure approximately 50 metres below the OG-09-07 drill hole intercept of 35.0 g/t Au over 4.73 metres. OG-10-05 intersected 17.6 g/t Au over 6.55 metres within a 25.64 metre intercept that returned assays of 5.3 g/t Au. Additionally, drill hole OG-10-05 intersected a new gold-bearing structure in the 'hangingwall' to the Ogama zone; 1.46 metres of 16.6 g/t Au. Significant results are tabulated below. The widths reported are drill intercepted core widths and not true widths.

Drill Hole

Core interval(m)

Width (m)

Au g/t

OG-10-05

485.36 – 511.00

25.64

5.3

including

489.86 – 496.41

6.55

17.6

including

489.86 – 491.63

1.77

50.8

including

493.34 – 496.41

3.07

8.2

including

501.08 – 504.71

3.63

4.5

OG-10-05

158.29 – 159.75

1.46

16.6

"The results from OG-10-05 are very significant in the fact that not only high grade gold mineralization persists at depth but the gold-bearing structure (the Ogama zone) appears to be increasing in thickness with depth", stated David Benson P.Geo, V.P. Exploration for Bison Gold. Bison's current drilling program has evolved with the OG-10-04 and OG-10-05 high grade gold intersections and will continue to drill test depth and strike extensions of the Ogama zone away from the historical mine workings. 

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility. 

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release. 

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations.


February 23, 2011 16:39 ET

Bison Gold Resources Inc. Central Manitoba Property Update: High Grade Gold Intersections from Diamond Drilling on Ogama-Rockland Trend Confirm Depth Extension of the Ogama Zone

TORONTO , ONTARIO --(Marketwire - Feb. 23, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce further results from drilling on the Ogama-Rockland trend on the company's Central Manitoba Property.

Diamond drill hole OG-10-05 intersected the Ogama structure approximately 50 metres below the OG-09-07 drill hole intercept of 35.0 g/t Au over 4.73 metres. OG-10-05 intersected 17.6 g/t Au over 6.55 metres within a 25.64 metre intercept that returned assays of 5.3 g/t Au. Additionally, drill hole OG-10-05 intersected a new gold-bearing structure in the 'hangingwall' to the Ogama zone; 1.46 metres of 16.6 g/t Au. Significant results are tabulated below. The widths reported are drill intercepted core widths and not true widths.

Drill Hole

Core interval(m)

Width (m)

Au g/t

OG-10-05

485.36 – 511.00

25.64

5.3

including

489.86 – 496.41

6.55

17.6

including

489.86 – 491.63

1.77

50.8

including

493.34 – 496.41

3.07

8.2

including

501.08 – 504.71

3.63

4.5

OG-10-05

158.29 – 159.75

1.46

16.6

"The results from OG-10-05 are very significant in the fact that not only high grade gold mineralization persists at depth but the gold-bearing structure (the Ogama zone) appears to be increasing in thickness with depth", stated David Benson P.Geo, V.P. Exploration for Bison Gold. Bison's current drilling program has evolved with the OG-10-04 and OG-10-05 high grade gold intersections and will continue to drill test depth and strike extensions of the Ogama zone away from the historical mine workings. 

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility. 

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release. 

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations.


February 11, 2011 10:24 ET

Bison Gold Resources Inc. Central Manitoba Property Update: High Grade Gold Intersections from Diamond Drilling on Ogama-Rockland Trend Confirm Depth and Strike Extension of the Ogama Zone

TORONTO , ONTARIO --(Marketwire - Feb. 11, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company")  (TSX VENTURE:BGE)  is pleased to announce initial results from drilling on the Ogama-Rockland trend from the company's Central Manitoba Property.

Diamond drill hole OG-10-04 intersected 2.46 metres of 37.1 g/t Au in a zone of intense alteration, shearing and quartz veining containing visible gold within a granodiorite. This drill hole intersected the Ogama zone approximately 50 metres west of drill hole OG-09-07, which intersected 35.0 g/t Au over 4.73 metres. Additionally, drill hole OG-10-04 intersected a new gold-bearing structure in the 'hangingwall' to the Ogama zone; 0.87 metres of 27.3 g/t Au. Significant initial results are tabulated below. The widths reported are drill intercepted core widths and not true widths.

Drill Hole

Core interval(m)

Width (m)

Au g/t

OG-10-04

402.77 – 405.23

2.46

37.1

Including

402.77 – 403.53

0.76

117.9

OG-10-04

199.48 – 200.35

0.87

27.3

"The evolving picture at Ogama is that the gold-bearing structures of the Ogama mine, which were initially thought to have closed, actually open and persist at depth and along strike away from the mine", stated David Benson P.Geo, V.P. Exploration for Bison Gold. "We are very encouraged and pleased with the results so far". Bison's current drilling program has evolved with the OG-10-04 intersection and will step-out and continue to test at depth and along strike from the historical mine workings.

Bison is currently drilling the fifth hole of the drilling program that is targeted to test the depth extension of the OG-09-07 intersection. 

QA/QC

Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility. 

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release. 

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada . The flagship property, Central Manitoba , is historically the 2 nd  largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations.


Bison Gold Resources Inc. Mutually Ends Investor Relations Consulting Agreement With Auburn Partners Inc.

TORONTO , ONTARIO --(Marketwire - Feb. 2, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) announced that as of August 31 st  2010, it had mutually ended its contract for investor relations consulting with Auburn Partners Inc. ("Auburn Partners"). As per the contract which was previously announced on July 27, 2010, Auburn Partners had been granted 450,000 incentive stock options exercisable at a price of $0.155 per share, for a period of three years. The options were to be vested and become exercisable as to one quarter of the number granted on a quarterly basis over the ensuing year, and expired 30 days after termination of the agreement. On the termination date none of the options issued to Auburn Partners had vested.

"Bison Gold would like to thank Auburn Partners for its contribution in conveying our story to the investment community", said Lucas Ewart, President of Bison Gold. "We wish Auburn Partners the best in its future endeavors".

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. 


January 18, 2011 15:11 ET

Bison Gold Resources Inc. Anomalous Rare Earth Element Concentrations Identified in Soils on the Apex Property, Snow Lake , Manitoba

TORONTO, ONTARIO--(Marketwire - Jan. 18, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) has received the initial results from a reconnaissance soil geochemical survey over a portion of the "Pex" Claim Group, which forms part of the much larger Apex Property in the Snow Lake region of Manitoba. 

The "Pex" Claim Group covers a significant portion of the Wekusko Lake Pegmatite Field, which is host to three known spodumene-bearing pegmatite occurrences to date. It was determined, through an exhaustive and thorough review of the area, that the "Pex" claims cover an area with very similar geological and structural features to the known occurrences and therefore are highly prospective for the discovery of new pegmatites.

Bison Gold technical personnel collected 265 soil samples from the 'B' and 'C' soil horizons at approximately 50 metre centres over an area of 1.5 km 2 . Results indicate anomalous rare earth element concentrations in several areas suggesting possible near surface rare earth element bearing pegmatites. A map highlighting these results will be posted to the Bison Gold website ( www.bisongold.com ) in the coming days. "We at Bison Gold are excited at the potential for the Apex Property to host previously undiscovered rare earth element-bearing pegmatites", stated David Benson, V.P. Exploration of Bison Gold. Bison is currently designing a follow-up exploration program based on these results that will include grid cutting, grid soil and rock sampling and detailed geological mapping. 

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed and verified the contents of this news release. 

QA/QC

Soil samples were collected using a "dutch" style open faced hand auger. The sampler would auger down through the soil profile and the depth of each sample depended on the thickness of the soil which ranged from 0.50 metres to 3.00 metres. Each individual 'auger load' was brought to surface and laid out on plastic bags for identification. Where the 'B' or 'C' horizon was identified, approximately 600 grams of unsieved soil material was bagged individually in pre-marked sample bags. Location and other pertinent sample data such as primary soil colour, sample depth, vegetation cover at each site and notes on the composition of the soil material were collected and recorded at each site. Samples were then dried for several days, assembled and transported to TSL Laboratories in Saskatoon , SK.  At TSL, samples are further dried, prepped and sieved to 80 mesh following common industry protocols. Pulps were digested in dilute 'aqua regia' acid and the extract analyzed by ICP-MS. 

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold and rare element exploration with property assets in Canada . 


January 17, 2011 16:51 ET

Bison Gold Resources Inc. Completes $400,000 Convertible Debenture Financing

TORONTO , ONTARIO --(Marketwire - Jan. 17, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company")  (TSX VENTURE:BGE)  is pleased to announce the completion of a $400,000 secured convertible loan financing (the "Loan") previously announced on December 14, 2010. $320,000 was subscribed for by GC-Global Capital Corp., a related party as a result of share ownership. The Loan has a term of one year, bears interest of 12% per annum and is convertible into units at a price of $0.235 per unit. Each unit consists of one common share and one half of one common share purchase warrant. Each full warrant will entitle the holder thereof to purchase an additional common share of the Company at $0.30 per share for a period of one year from the closing date. The securities issued are subject to a four-month hold period expiring May 17, 2011. The proceeds of the Loan will be used for general working capital purposes. The Loan is secured by a general security agreement on all present and future movable property of Bison Gold.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold.


January 04, 2011 14:46 ET

Bison Gold Resources Inc. Completes $825,000 Flow Through Private Placement and Announces a Change to Its Board of Directors

TORONTO , ONTARIO --(Marketwire - Jan. 4, 2011) -  Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce the completion a non-brokered flow through private placement financing (the "Financing") of 3,300,000 common shares at $0.25 per share for gross proceeds of $825,000. All common shares issued will be subject to a four-month hold period. The proceeds of the financing will be used to fund the Company's ongoing exploration programs in the province of Manitoba .

In connection with the Financing, Limited Market Dealer Inc. received a cash finder's fees in the amount of $36,400 and broker warrants in the amount of 182,000 warrants, exercisable into one common share of the Company at a price of $0.25 until December 23, 2012. Mackie Research Capital Corporation received a cash finder's fees in the amount of $3,750 and broker warrants in the amount of 10,714 warrants, exercisable into one common share of the Company at a price of $0.35 until December 23, 2012. Uxbridge Capital Funding Inc. received a cash finder's fees in the amount of $19,600 and broker warrants in the amount of 98,000 warrants, exercisable into one common share of the Company at a price of $0.25 until December 31, 2012. Uxbridge Capital Funding Inc. is an exempt market dealer with common officers with Bison Gold. The Financing is subject to final approval from the TSX Venture Exchange.

The Company also announces that Brian Main has resigned from the Company's Board of Directors. "We appreciate the contributions that Brian has made to the growth of the Company over the years," said Lucas Ewart, Chief Executive Officer. "We wish him well in his future endeavours."

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba , Canada . Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. 


 

 






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