THG

December 14, 2012 - Threegold Resources Inc (TSX VENTURE:THG) ("Threegold" or
the "Company") is pleased to announce that it has recently acquired a data base
of 11,854 meters of diamond drilling hole core that was drilled on the Standard
Gold property in the early 1980's (see appended map 1 and appended map 2). Of
additional and particular interest, the data base contains detailed logs of
unfiled cores totalling 2,137 meters. 


All the best historical intersections (greater than 0.5 g/t Au) are summarized
in tables 1 and 2 (see appended tables). Note that the resources reported in
tables 1 and 2 are provided as historical data and the Company will not be
relying the data until they have been verified. 


Among the intersections of the unfiled 2,137 meters of core, the data base
highlights significant mineralized sections with the following low rates of core
sampling :




--  S-42 : 531.0 meters with a sampled length of 172.9 meters or 32.6%; 
    
--  S-42W3 : 322.0 meters with a sampled length of 145.5 meters or 45.2%; 
    



Among the intersections of the other recovered cores, the data base also
highlights significant mineralized sections with the following relatively low
rates of core sampling : 




--  S-84-4 : 445.0 meters with a sampled length of 65.8 meters or 14.8%; 
    
--  S-84-2W3 : 365.0 meters with a sampled length of 37.1 meters or 10.2%; 
    
--  S36 : 200.6 meters with a sampled length of 127.2 meters or 63.4%; 
    
--  S38 : 176.6 meters with a sampled length of 153.9 meters or 87.1%; 
    
--  S-87-1 : 162.9 meters with a sampled length of 43.6 meters or 26.7%; 
    
--  P7 : 155.4 meters with a sampled length of 114.9 meters or 73.9%; 
    
--  P1 : 69.7 meters with a sampled length of 62.0 meters or 89.0%; 
    
--  P2 : 50.6 meters with a sampled length of 28.8 meters or 56.8%; 
    
--  S59 : 46.5 meters with a sampled length of 22.2 meters or 47.8%. 
    



The core has been safely stored in core shacks and is in good shape since it was
drilled in the 1980's in the immediate vicinity and at different underground
levels of the historical mine. Historical assay logs and a strong data base of
information come along with the core. Forthwith upon the acquisition, Threegold
matched the core holes with the drill collars and geo-referenced them. The core,
which has been stored in Val-d'Or is being transferred to Malartic, Quebec where
a re-logging and re-assay program for gold and multi-elements is underway by the
management of Bowmore Exploration, Threegold's option partner. 


Several things stand out in this such as the fact that achieving almost 12,000
meters of drilling is time consuming and costly for an exploration company and
to acquire this core and data for a nominal cost is of huge benefit to Bowmore
and Threegold's shareholders. Secondly, this drill core will allow the Company
to better understand the highly prospective geological context of the area.
Thirdly, with re-analysis of the full mineralized sections, this data would be
conclusive for a future NI43-101 technical report. Fourth, previous work done by
Bowmore Exploration, the Company's option partner, have already demonstrated the
strong potential of the area by defining extension of the historical gold
mineralized corridor (see press release March 29th 2012). 


Victor Goncalves, President and CEO of Threegold Resources Inc. stated: "We are
pleased to have been fortunate enough to get our hands on well over one million
dollars worth of drilling. The Company will commence the necessary work to
maximize the data at hand". 


Alain Berclaz, P.Geo., Vice-President Exploration for Threegold Resources and a
Qualified Person as defined by National Instrument 43-101, has reviewed 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 offers investors a portfolio of high-quality exploration projects
focussing on Canadian assets primarily in Quebec; and the potential to create
shareholder wealth through discoveries of new, low-cost multi-million ounce gold
deposits.


Threegold's strategy is to mitigate shareholder risk through partnerships with
the likes of Bowmore Exploration. 


Forward-looking statement: 

Except for statements of historical facts, all statements in this news release
regarding, without limitation, new project acquisitions, future plans and
objectives are forward-looking statement which involve risks and uncertainties.
There can be no assurance that such statements will prove to be accurate. Actual
results and future events could differ materially from those anticipated in such
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mr. Victor Goncalves
President and CEO
Threegold Resources Inc.
(204) 997-5517
victor@threegold.ca


Mr. Sylvain Laberge
Investor Relations
Threegold Resources Inc.
(514) 702-9841
sylvain@threegold.ca
www.threegold.ca

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