PXA Phoenix Gold Resources Corp

Not for distribution to U.S. Newswire Services or for dissemination in the
United States. Any failure to comply with this restriction may constitute a
violation of U.S. securities laws.


Phoenix Gold Resources Corp (TSX VENTURE:PXA), (the "Company" or "Phoenix Gold")
is pleased to announce that it has completed the detailed mapping and
prospecting program and plans to start the drill program on the Company's
mineral properties located at Battle Mountain, Nevada (the "Phoenix Gold
Properties").


Mapping and Prospecting Program 

The Company has completed the detailed mapping and prospecting program (the
"Program") on its Phoenix Gold Properties. Based on the detailed understanding
and interpretation of the geology and structural controls over the Phoenix Gold
Properties six drill sites have been located for the proposed Plumas Property
drill program.


Drill Program and Drill Contractor

The Company has awarded an 8 hole, approximately 1,000 meter drill contract to
Redcor Drilling Inc. of Winnemucca, Nevada for the Plumas Property. Drilling is
expected to commence the week of July 14th, 2014.


The Plumas Property is an outcropping high grade gold mineralized system that
has never been drill tested, located adjacent to Newmont's Phoenix-Fortitude pit
to the east. The Plumas Property has two patented claims for a total of 40 acres
with extralateral rights and one mill site claim. 


About Phoenix Gold 

Phoenix Gold is a Canadian junior exploration company with strategically located
mineral properties in Nevada's prolific Battle Mountain District. These
properties are immediately adjacent to Newmont's Phoenix -Fortitude Gold/Copper
Mine. With a defined strategy to delineate resources and create value to
shareholders, Phoenix Gold has an experienced management team with an excellent
track record of discoveries, including its most recent being the Condor Gold
Project in Ecuador.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Jeanny So
CHF Investor Relations
(416) 868-1079 x 225
jeanny@chfir.com


Glenn Laing
President and CEO
(647) 865-3101
glaing@phoenixgoldresources.com

Phoenix Gold Resources (TSXV:PXA)
Historical Stock Chart
From Nov 2024 to Dec 2024

Phoenix Gold Resources (TSXV:PXA)
Historical Stock Chart
From Dec 2023 to Dec 2024