BGC Brazilian Gold Corporation

Brazilian Gold Corporation (TSX VENTURE:BGC) ("Brazilian Gold" or the "Company")
is pleased to announce the commencement of three new exploration programs on its
Sao Jorge, Pista Manual and Surubim projects, located in the Tapajos Mineral
Province (TMP) of northern Brazil. The Company currently has four drill rigs in
operation and has active exploration programs underway on five gold projects,
including its advance stage Sao Jorge project. Two additional drill rigs are
scheduled to be contracted by the end of the second quarter bringing the total
number of rigs to six. 


Highlights



--  Sao Jorge project: A large (100 line km) soil sampling and induced
    polarization (IP) survey is currently in progress. The objective is to
    increase the existing resource of 800,000 ounces by identifying
    potential along strike extensions to the deposit. 
--  Pista Manual project: The Phase One drill program (1,000 m) is designed
    to test down dip and along strike of vein and stockwork systems that
    have been exposed in trenches. 
--  Surubim project: Crews are mobilizing to the project site to complete a
    line-cutting program (112 line km) for the upcoming IP survey and drill
    programs, which are scheduled to start in June. The Phase One drill
    program (3,000 m) will target down dip of historic shallow drill holes
    (36 holes in 4,621 m) that include high grade intersections of 2.52
    grams/tonne gold over 37 metres (DD06SB18), 6.97 grams/tonne gold over
    21.9 metres (DD06SB04) and 6.97 grams/tonne gold over 12 metres
    (DD06SB25). 
--  Operational synergies with the Company's existing property portfolio,
    including the advanced stage Sao Jorge project. 



On the Sao Jorge project, the Company is completing a soil sampling and an
induce polarization (IP) survey (100 line km) to identify potential near surface
extensions to the deposit along strike. The soil sampling program is
approximately 75% complete and the IP survey (Fugro Brazil) is approximately 20%
complete. 


Results and final interpretation from these programs are expected in July and
drill testing of identified targets will start shortly thereafter. The
objectives of these programs are to identify additional near surface
mineralization that will add to the targeted 1.2 to 1.4 million ounces in the
current drill program, which is targeting down dip of the deposit between 200 to
300 metres below surface. An infill sampling program of historic drill holes is
nearly complete and is expected to add ounces to the existing resource. These
unsampled intervals were assigned an arbitrary value of 0.01 grams/tonne gold in
the resource estimate completed by Coffey Mining (Sept. 14, 2010) and results to
date show that some of these intervals contain sub-economic to economic grades.
An updated NI43-101 resource estimate is scheduled for completion in Q4 2011 or
Q1 2012.


A drill rig was mobilized to the Pista Manual project in the first week of May.
The Phase One drill program (1,000 m) is designed to test down dip of the
Inferninho and Pista Manual quartz vein and stockwork systems that have been
exposed in a number of trenches. Concurrent with the drill program, a small
infill soil sampling program will be completed to delineate a number of gold in
soil anomalies identified in a previous widely spaced geochemical survey. The
objective of the drill program is to determine the style, tenor and grade of
mineralization at depth below previous surface sampling.


Line cutting crews are mobilizing to the Surubim project to complete a 112
kilometre grid for an upcoming IP survey. The IP survey is scheduled to begin in
July once the crew has completed the Sao Jorge survey. A Phase One drill program
(3,000 m) will target down dip of historic shallow drill holes (36 holes in
4,621 m) that included high grade intersections of 2.52 grams/tonne gold over 37
metres (DD06SB18), 6.97 grams/tonne gold over 21.9 metres (DD06SB04) and 6.97
grams/tonne gold over 12 metres (DD06SB25); the drill program is scheduled to
begin in June. Once the IP survey is completed, a Phase Two drill program (2,000
m) will test new IP targets and along strike extensions of known mineralization.



The objectives of these programs are to identify extensions to the three known
mineralized zones and to identify new areas of mineralization for an initial
NI43-101 resource estimate, to be completed in Q4 2011 or Q1 2012.


Ian Stalker, CEO of Brazilian Gold, said: "I am delighted to announce the
stepping up of exploration at our highly prospective project sites in northern
Brazil. Brazilian Gold currently has five active exploration campaigns in the
Tapajos Mineral Province. The scale of these activities showcases our commitment
to the identification of a large-scale economically mineable resource. I am
particularly excited about the drilling campaign that is currently in progress
at Sao Jorge, which has the potential to host substantially more gold resources
than the 800,000 ounces already identified."


The Company has a number of drill hole samples from Sao Jorge, Rio Novo and Boa
Vista projects in the laboratory and will be releasing these results in the next
few weeks, once they have been received, verified and interpreted.


Option Grant

Brazilian Gold would like to announce the granting of 700,000 stock options to
its senior exploration team in Brazil under its Incentive Stock Option Plan. The
options are exercisable for a five year period at an exercise price of $1.30 per
share and are subject to a three year vesting provision. 


Garnet Dawson, M.Sc., P.Geo. (British Columbia), Vice President, Exploration for
the Company and a Qualified Person, as defined by National Instrument 43-101,
has reviewed and approved the technical disclosure contained in this News
Release.


About Brazilian Gold Corporation

Brazilian Gold Corporation is a Canadian based public company with a focus on
the acquisition, exploration and development of mineral properties in northern
Brazil. It is the largest holder of exploration concessions (3,546 km(2)) in the
underexplored Tapajos Mineral Province, which historically produced over 30
million ounces of gold largely from alluvial deposits. The Company has drill
programs (4 drill rigs) currently underway on the Sao Jorge, Rio Novo and Pista
Manual projects. 


Brazilian Gold owns a 75% interest in the Rea Uranium Project in northeastern
Alberta, which is currently being operated by AREVA, which will earn up to a 50%
interest by completing an additional Cdn$2.84 million in expenditures by Dec.
31, 2013. 


Some statements in this news release contain forward-looking information,
including without limitation statements as to planned expenditures and
exploration programs. These statements address future events and conditions and,
as such, involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the statements. Such factors include without limitation the
completion of planned expenditures, the ability to complete exploration programs
on schedule and the success of exploration programs.

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