Prodigy Gold Inc fka PDG (PDG)

[NYBob]

Magino Drilling Update: 149 Metres Grading 1.24 gpt Gold in
Central Zone; High Grade in Southwest Extension: 5 Metres
Grading 9.42 gpt Gold -




Magino Drilling Update: 149 Metres Grading 1.24 gpt Gold in
Central Zone; High Grade in Southwest Extension: 5 Metres
Grading 9.42 gpt Gold -
Vancouver, British Columbia CANADA, March 20, 2012 /FSC/ -

Prodigy Gold Inc.
(PDG - TSX Venture, KX3 - FWB), ("Prodigy" or "the company") is
pleased to announce results from 10,724 metres of diamond
drilling completed at the Magino Mine gold project since
January, 2012.
The results are from four distinct target areas:
1) Resource definition drilling in the central portion of the
Magino gold deposit,
2) resource expansion drilling in the Southwest extension of
the Magino gold deposit,
3) exploration drilling in the Lovell Lake area and
4) condemnation drilling to facilitate identifying specific
sites for future mine infrastructure.

1. Resource Definition Drilling:
Prodigy has completed eleven resource definition drill holes
(2,596 metres) in the central portion of the Magino gold
deposit.
Highlights include 149.4 metres grading 1.24 gpt gold in drill
hole MA12-246 and
121.5 metres grading 1.05 gpt gold in drill hole MA12-245.
Most of these initial definition holes are shallow and target
the margins of deposit in areas previously modeled as inferred
resources (please see technical report dated November 2, 2011;
filed on SEDAR and available on Prodigy's web site).
These eleven holes are reducing the drill hole spacing in
specific parts of the deposit in order to increase drill hole
density in anticipation of updating the gold resource prior to
completing a bankable feasibility study for the project.
Results to date are very encouraging, a complete table of
resource definition drilling results and a drill hole location
map are shown below.

http://tmx.quotemedia.com/article.php?newsid=49528282&qm_symbol=PDG

To view this release as a webpage, please click on the following link:
http://www.usetdas.com/pr/prodigymar152012.htm

Source:
Prodigy Gold Inc. (TSX-V: PDG)
http://www.www.prodigygold.com



Source: Prodigy Gold Inc. (TSX-V: PDG) http://www.www.prodigygold.com

http://www.prodigygold.com/_resources/presentations/prodigy_presentation_20120203.pdf

http://www.prodigygold.com/_resources/factsheets/FactSheetjan2012.pdf

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