VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 04/02/2007 -- Stealth Minerals Limited ("Stealth") (TSX VENTURE: SML) and BCGold Corp. ("BCGold") have received regulatory approval for the option agreement entered into September 15, 2006.

According to that agreement, BCGold had the right to choose three of Stealth's 12 Toodoggone properties. It has selected the Sickle-Sofia, FogMess and Louis properties. The remaining nine properties are no longer subject to the agreement and BCGold has no right to or interest in Stealth's other Toodoggone properties. Certain claims are subject to a net smelter return royalty in favour of Electrum Resource Corp.

BCGold can earn a 51% interest in each property by spending $1 million on each over a three-year period and a 60% interest by spending $2 million on each property over a four-year period. BCGold's interest in each of the properties can be increased to 75% by producing a bankable feasibility study. BCGold is the operator of the exploration programs.

According to a regulatory requirement, an NI 43-101 Technical Report was completed on the Sickle-Sofia copper-gold porphyry prospect, which is available on SEDAR.com and the BCGold and Stealth websites.

BCGold closed on the second tranche of 1,750,000 shares of Stealth at $0.20 per share for a total of $350,000 which was paid to Stealth on March 30, 2007. The first tranche of 750,000 shares of Stealth at $0.20 per share closed in October 2006. The shares issued pursuant to the second tranche have a hold period expiring July 28, 2007.

BCGold will also issue to Stealth 450,000 units consisting of 450,000 BCGold common shares and 450,000 warrants. Two warrants and cash are required to acquire one common share. The cash per share is determined based on the 20-day average closing price of the common shares of BCGold ending on the trading day prior to the date of closing times a factor of 125%. The shares are subject to a four-month hold period.

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