TORONTO, ONTARIO--(Marketwire - Jan. 31, 2012) - Bison Gold Resources Inc. (Bison Gold or the "Company") (TSX VENTURE:BGE) is pleased to announce that under the Company's Stock Option Plan (the "Plan"), the Board of Directors of Bison Gold granted to a Director of the Company incentive stock options to purchase an aggregate of 100,000 common shares of the Company at an exercise price of $0.17 per share expiring January 25, 2017. The incentive stock options are subject to acceptance by the TSX Venture Exchange. The number of shares reserved for issuance under the Plan is 8,569,712 of which 5,902,501 have been granted under the Plan.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada. The flagship property, Central Manitoba, is historically the 2nd largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations. Further details can be found on Bison Gold's website at www.bisongold.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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