Vancouver - Edgemont Gold Corp. (CSE: EDGM) (FSE: EG8) ('Edgemont') is pleased to announce that the B.C. Ministry of Mines has issued a Multi-Year Area-Based Permit that will allow Edgemont to begin a fully funded initial Phase I drill program this summer at its Dungate copper/gold porphyry project located 6 km south of Houston, B.C.

The Phase I drill program, announced in the May 17th news release, will be comprised of at least six 500 metre drill holes from six permitted drill pad location to test mineralization at depth. Following successful completion of this initial drill program, the five-year permit will allow Edgemont to identify and drill from a further ten drill locations next year, subject to the conditions of the permit. Supplemental drill locations can be added subject to normal notification requirements and successful reclamation of completed drill holes.

'We are excited to be able to move forward with our initial drill program at Dungate,' stated Edgemont CEO Stuart Rogers. 'We have retained Apex Diamond Drilling Ltd. of Smithers, B.C. and logistics are underway for a late July drill startup.

We have identified several large IP anomalies that have never been properly drill tested at depth, and are encouraged by the recent success at Sun Summit's nearby Buck project which hosts geological similarities to the breccia zone identified in drill logs from historic drilling at Dungate in 1975.

The last drilling at Dungate was in 1976 and was only comprised of shallow (

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