GOLD RUSH

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Lateegra Gold Acquires Gold Anomaly within Aurelian Resource's Condor Project

Thursday July 13, 1:15 pm ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 13, 2006) - Lateegra Gold Corp. (the "Company") (TSX VENTURE:LRG - News; FWB:LTG) announces that it has acquired the "El Condor" property in South Eastern Equador. The property consists of two hundred and forty two (242) hectares of mineral rights within 4000 meters south east of Aurelian Resources Inc (TSX VENTURE:ARU - News)'s recent Fruta del Norte ("FDN") high grade gold discovery and just south and sharing Aurelian's El Tigre gold anomaly at it's Condor Project, South East Ecuador.

The Condor Property was purchased from Ing Freddy Salazar, an Ecuadorian Geologist who spent ten years working as an in-country geologist for Newmont Gold and more recently Aurelian Resources. Mr. Salazar was instrumental in the identification of the land package known as the Condor Project held by Aurelian Resources Inc. For map, please refer to:

http://www.lateegra.com/pdf/lrg-map-lacondor.pdf

The Condor property was held by Ing. Salazar prior to the assembling of Aurelian's "Condor Project" land package and is within the same geologic unit as Aurelian's Fruta del Norte discovery.

This concession is fully covered by strongly altered and oxidized intrusive rocks with presence of limonite veins and some fully brecciated sections with sericitic alteration, angular alluvial gold in placers covers 70% of the area. The property is underlain by strongly altered intermediate porphyritic intrusive rocks containing weathered sericitic/chloritic alteration. Veins up to 4m in wide of tectonically brecciated crystalline quartz with iron oxides have been intersected in nearby trenches by Aurelian Resources. Additionally, 1m float boulders discovered in the area have assayed up to 6.62g/t Au, with angular alluvial gold covering 70% of the area.

Details of the of the 100% purchase agreement are as follows: The company has paid a US$10,000.00 deposit with a balance of US$90,000.00 and 300,000 shares of the Company's capital stock due upon TSX Venture Exchange approval.

The company is also engaged in advanced negotiations on two additional precious metal projects either currently in production or at a near term state of production readiness. The Company has also granted incentive stock options to it's directors, officers, consultants and employees, under its Stock Option Plan, for the purchase of up to 240,000 common shares of the Company for a period of 2 years at a price of $0.75 per share.

Lateegra Gold Corp. is a mineral exploration and development company with a mandate to build a significant portfolio of advanced exploration and near production properties with world class potential in Latin America.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Townsend, President and CEO

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

The TSX Venture Exchange has not yet reviewed and does not take responsibility for the adequacy or accuracy of the content of this news release.

Contact:
Michael Townsend
Lateegra Gold Corp.
President and CEO
[phone] or Toll Free: 1-866-669-9377
[phone] (FAX)
[e-mail]
www.lateegra.com


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Source: Lateegra Gold Corp.