VAL-D'OR, QUEBEC -- 08/21/07 --
Threegold Resources Inc. (TSX VENTURE: THG) announces that on August 17, 2007, its Board of Directors granted stock options in respect of an aggregate of 750,000 common shares to five of Threegold's directors and senior officers, at an exercise price of $0.29 per share, representing the closing price of Threegold's shares on the TSX Venture Exchange on July 26, 2007. At the same time, the Board of Directors also granted stock options in respect of an aggregate of 110,000 common shares to four of Threegold's employees, also at an exercise price of $0.29 per share. All of the stock options were granted pursuant to Threegold's stock option plan.
Threegold is a new and innovative mineral exploration company focused on the exploration for gold and base metals in the Province of Quebec. The Company is now embarking on its first field season with exploration planned on the Lemieux Dome situated on its Vital Property for copper, on the Adanac Property for gold and on the Frotet - Robert Property for copper, zinc and precious metals. The field work will assist in establishing priorities for future exploration through systematic geological, geophysical and geochemical surveys.
Threegold's common shares are listed on the TSX Venture Exchange under the symbol "THG".
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
Contacts:
Threegold Resources Inc.
Mr. Antoine Fournier, P.Geo.
President
819-825-3883
819-825-7545 (FAX)
afounrier@threegold.ca
Threegold Resources Inc.
Mr. Daniel Duval
Chairman of the Board
819-825-3883
819-825-7545 (FAX)
info@threegold.ca
www.threegold.ca (in construction)
SDNL Financial Communications
Mr. Sylvain Laberge
Investor Relations
514-380-5610
819-825-7545 (FAX)
slaberge@sdnlfinancial.com
