Threegold Resources Completes New Issue (2006-12-28)

VAL-D'OR, QUEBEC--(CCNMatthews - Dec. 28, 2006) - Threegold Resources Inc. (TSX VENTURE:THG) announces that it has completed its previously-announced new issue in the Province of Quebec by issuing 8,570,000 common shares at a price of $0.35 per share, for gross proceeds to Threegold of $2,999,500. Threegold will use the net proceeds from the offering to advance its exploration programmes on its Vital and Gasse-Lemieux properties and for working capital.

The lead agent for the public offering was Desjardins Securities Inc. At the closing, Threegold granted warrants to Desjardins Securities Inc., entitling it to acquire up to 514,200 additional common shares at a price of $0.35 per share for two years.

As a result of the closing, there are 18,506,058 common shares of Threegold issued and outstanding.

Threegold is a new and innovative mineral exploration company focused on the exploration for gold and base metals in the Province of Quebec.

---

Threegold's common shares are listed on the TSX Venture Exchange under the symbol "THG".

For further information, please contact:

Antoine Fournier, P.Geo.
President
Threegold Resources Inc
Tel.: (819) 825-3883
Fax: (819) 825-7545
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Octavio Soares, FCA
Chief Financial Officer
Threegold Resources Inc
Tel.: (418) 999-8811
Fax: (418) 652-8149
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Sylvain Laberge
Investor Relations
S.D.N.L. Financial Communications
Tel: (514) 380-5610
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

You can also visit our website: threegold.ca
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.