HIF Hidefield Gld

    HIDEFIELD GOLD PLC                               

               Farm out agreed on South Estelle Project, Alaska                

Hidefield Gold plc ("Hidefield" or the "Company", HIF:AIM) is pleased to report
that it has reached agreement with International Tower Hill Mines Ltd
("International Tower Hill" or "ITH", TSX: ITH) and Mines Trust Ltd ("Mines
Trust"), Hidefield's partner in the South Estelle Project, pursuant to which
ITH may eventually earn up to an 80% interest in this project.

The South Estelle Project is located in southwest Alaska in the prospective
porphyry/epithermal belt of Alaska and is curently held jointly by  Hidefield
(60%)  and Mines Trust (40%).  It comprises 168 Alaska State mining claims
located 30 kilometres east of International Tower Hill's Terra project, a
high-grade gold discovery that entered the resource development drill phase
this year.

Under the terms of the agreement signed by the parties, International Tower
Hill can earn up to an aggregate 80% interest in the project as follows:

1. ITH can earn an initial 51% interest by making payments of:-

(a) US$42,000 upon receiving TSX Venture Exchange ("TSXV") acceptance of this
transaction;

(b) An additional US$50,000 on or before 8 January 2008; and

(c) Incurring aggregate exploration expenditures of US$2,000,000 prior to 31
December 2009, including ITH's commitment to incur US$75,000 on or before 31
December 2007.


2. ITH can earn an additional 19% interest (for an aggregate of 70%) by
incurring an additional US$3,000,000 in exploration expenditures before 31
December 2011.

3. ITH can earn a further 10% interest (for an aggregate of 80%) by funding all
expenditures required to prepare and deliver a bankable feasibility study for
the development of a mine on the South Estelle Project. There is no time limit
for the delivery of such feasibility study.


Upon ITH having earned an initial 51% interest in the South Estelle Project,
Hidefield/Mines Trust can elect to convert their combined interest into a 1.5%
net smelter return royalty ("NSR"). Should Hidefield/Mines Trust elect not to
convert to an NSR, the parties will enter into a joint venture under which each
will be responsible for its pro rata share of further expenditures. If at any
time the respective interests of either ITH or Hidefield/Mines Trust in such
joint venture fall below 10%, such interest will be automatically converted to
a 1.5% NSR royalty.


The Agreement remains subject to International Tower Hill receiving TSX
approval to the terms of the Agreement.


ABOUT INTERNATIONAL TOWER HILL


International Tower Hill is a well financed resource exploration company,
focused in Alaska and Nevada, which controls a number of exploration projects
representing a spectrum of early stage to advanced gold and base metal
discoveries.

ABOUT HIDEFIELD

Hidefield is a gold company with a focus on the acquisition and development of
highly prospective projects in North and South America. The Company has a
diverse portfolio of projects, those of which in South America are directly
held as are the projects in Alaska, while those in Canada, Nevada and Arizona
are held in independent, self-funded associate companies.

Hidefield's substantial direct gold project interests are principally in
Argentina where the Company is actively exploring the advanced stage East Santa
Cruz gold project in Santa Cruz Province and operates in joint venture with
Minera Sud Argentina S.A. with which it is currently exploring a number of gold
exploration licenses in the Patagonian provinces of Santa Cruz, Chubut, and Rio
Negro. In Brazil the Company is focused on the evaluation of the advanced stage
Cata Preta gold project near the historic city of Ouro Preto in the productive
Quadrilatero Ferrifero region of Minas Gerais state.

In Alaska Hidefield has a 60% interest in the Golden Zone and South Estelle
mineral projects and an option to earn up to 100% interest, subject to a 2.5%
NSR, by making a series of staged cash, share and property expenditures. The
Golden Zone property is located 240 km north of Anchorage and contains a
measured and indicated resource of approximately 253,000 ounces of gold,
1,180,000 ounces of silver and 6,114,000 pounds of copper at a cut off of 0.03
oz/t. This estimate was prepared in compliance with NI 43-101 requirements for
the definition of mineral resources. The South Estelle property is located
approximately 175 km northwest of Anchorage and 230 km southwest of the Golden
Zone project and adjoins Kennecott's Whistler copper-gold property.

For more information on Hidefield go to www.hidefieldgold.com

For further information on this release, please contact:

Hidefield Gold Plc                                   
Ken Judge, Chairman                                   + 44 773 300 1002      
                                                                              
Investor Relations                                                          
Paul Ensor                                            + 44 20 7590 5503                          
                                                                              
Hanson Westhouse Limited (Nomad)                      + 44 113 246 2610       
Tim Feather                                                                   
                                                                              
Teather & Greenwood: Landsbanki (Broker)              + 44 20 7426 9000
Tom Hulme                                                                     


END

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