THG

Threegold Resources Inc. ("Threegold" or "the Company") (TSX VENTURE:THG) is
pleased to announce that its agreement with Ressources Appalaches (APP: TSXV)
has been amended to allow the Company to increase its interest in the
Mont-de-l'Aigle Project. According to the new terms, Threegold now has the
option to earn a 100% interest in the project by making a $300,000 payment and
by issuing 1,500,000 common shares of the company in three (3) instalments. 


According to the original terms (see press release of January 17, 2007), the
company was required to incur $2M in exploration over 5 years to earn a 50%
interest in the project. The Company is currently in the 5th year of the
original agreement and roughly $350,000 remained to be spent to fulfill the
option. The amended agreement will now allow Threegold to earn a 100% interest
in the project by making an additional cash payment of $300,000 and by issuing
1,500,000 common shares of the company in three (3) instalments: the first upon
signing, the second at six (6) months, and the third at twelve (12) months. 


Each instalment of shares shall be subject to a 6-month hold period. 

The Mont-de-l'Aigle Project is located in eastern Quebec on the Gaspe Peninsula
and consists of 178 claims covering 57.8 km2. The property is host to numerous
historical mineral occurrences and advanced exploration sites, such as Pardiac,
Hattie, Eagle-Gaspesie, Frenette, Calvert and Rio Breccia. Threegold's work in
2008 and 2009 confirmed the elevated base metal potential of the project and the
following results were released: 




Table 1 - Results from Threegold's 2008 diamond drilling program           
                                                                           
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                              From     To  Width(i)     Cu      Au      Ag 
Hole #           Occurrence    (m)    (m)       (m)     (%)   (ppm)   (ppm)
---------------------------------------------------------------------------
DL08-23            Pardiac 216.00 218.82      2.82    0.33                 
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DL08-25            Pardiac  50.78  55.65      4.87    0.31                 
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                   Pardiac 220.00 221.50      1.50    0.70                 
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                   Pardiac 236.00 238.00      2.00    0.37                 
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DL08-27          Guillaume  10.20  22.65     12.45    0.86            2.00 
---------------------------------------------------------------------------
DL08-27          Guillaume 148.50 152.50      4.00    1.12            1.10 
---------------------------------------------------------------------------
DL08-28           Frenette  85.38  87.00      1.62    1.44                 
---------------------------------------------------------------------------
DL08-28           Frenette  85.38  89.00      3.62    0.90                 
---------------------------------------------------------------------------
DL08-35           Frenette  21.50  22.00      0.50    0.74    0.22    5.22 
---------------------------------------------------------------------------
DL08-36     Eagle-Gaspesie  62.00  87.00     25.00    0.22                 
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DL08-36     Eagle-Gaspesie 111.66 113.74      2.08    1.01                 
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DL08-36     Eagle-Gaspesie 121.35 122.20      0.85    3.89                 
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DL08-36     Eagle-Gaspesie 118.50 124.23      5.73    0.83                 
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DL08-37     Eagle-Gaspesie  46.55  47.50      0.95    1.47                 
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DL08-37     Eagle-Gaspesie  52.00  57.89      5.89    0.44                 
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DL08-39             Hattie  96.00  99.00      3.00     2.12                
---------------------------------------------------------------------------



 (i) drill length intercept 

Victor Goncalves, President and CEO of Threegold Resources commented "This is an
excellent deal for both parties involved. Threegold will now control the entire
geological structure and this will allow us to fully implement a large-scale
exploration approach required to better evaluate a structure of such amplitude."



Antoine Fournier, P. Geo., Vice-President Exploration for Threegold Resources
Inc and a Qualified Person as defined by National Instrument 43-101 is
responsible for the technical content of this press release.


About Threegold 

Threegold has established itself as one of the premier exploration companies in
Quebec. The Company has a highly qualified technical team with extensive
exploration experience, including previous gold discoveries in Quebec, and
management with financing and public company expertise.  


Threegold aims to create shareholder wealth through the discovery of new
deposits with a focus on Canadian assets, mainly in Quebec. Threegold offers
investors a portfolio of high-quality exploration projects and the potential to
take part in a major discovery. 


With a strategic property portfolio and solid partnerships, like the one with
Osisko Mining Corporation, Threegold's goal is to discover a low-cost,
multi-million ounce gold deposit in Quebec.

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