Telkwa Gold Corp. (TKW:TSX-V) is a Calgary-based junior exploration company exploring for gold, copper and base metals in Nevada and British Columbia. The company's objective is to enhance shareholder value by identifying and securing early-stage exploration and development opportunities. Telkwa Gold continues to conduct research, acquisition and exploration on projects in Nevada and the North American Cordillera in general.

Telkwa has been engaged in the exploration for base and precious metals in the Omineca Mining District, British Columbia since 1996. In particular, Telkwa wholly-owns property, the Bear claim group, called the the Limonite Creek prospect, a high sulphidation epithermal gold-silver-copper target with porphyry characteristics located in the Telkwa Pass, eighty kilometres west-southwest of Smithers.

The recent focus of the company is to pursue opportunities in Nevada, the third largest gold producing area in the world, producing some 11% of the annual world gold production worth in excess of 2 Billion Dollars annually. The Company has optioned 4 properties in Nevada. The Warm Springs Property in Nye County Nevada contains a large hydrothermal system focused along a major fault zone that is silicified with jasperoids and contains zones with anomalous pathfinder elements and scattered gold values.The geochemical signature of the Fault Zone is typical of the upper parts of deeper vein gold deposits. Nearby, the company has also optioned the early stage “Stealth” property, a newly discovered extinct hot spring center with explosive hydrothermal breccias and silicified zones in rhyolite. Jasperiod bodies are located along several intersecting faults where geochemically anomalous gold and pathfinder elements have been identified. Hot spring centers are a typical environment for precious metal epithermal deposits.

The Company has on option to earn 100% interest in 20 unpatented lode-mining claims in the central Buckskin Range of Douglas County, Nevada from Nevada Eagle Resources of Reno, Nevada . The “Buckskin North” project is located approximately 10 miles Northwest of Yerington, Nevada and 45 miles Southeast of Reno, Nevada.

The gold here was discovered by Anaconda Minerals Company in 1974 when gold was visually identified during logging of the hole and the interval assayed 540 ppm gold (15.75 oz/t). Subsequent relogging and assaying for gold in earlier holes confirmed the presence of a gold bearing zone over a wide area to the west of the discovery hole. No substantive work has been carried out since then and Telkwa carried out first phase drilling in late 2006.

Telkwa acquired an option to own 100% of the“Iron Cap” property is located approximately 8 miles west of Yerington and 45 miles southeast of Reno, Nevada. It lies within the historic Yerington porphyry copper district and the site of the Yerington copper mine which produced approximately 2 billion pounds copper at a grade of 0.55% between 1953 and 1978. The Iron Cap property lies 2 miles northwest of the the Ann Mason deposit, 5 miles west of the old Yerington pit, four miles southwest of the MacArthur copper oxide deposit and thirteen miles northwest of the Pumpkin Hollow deposits. Recent prospecting and soil geochemical surveys have identified a number of copper and gold anomalies.