MegumaGold Corp. announced that drilling has commenced at the Elmtree Gold Project in New Brunswick. The primary target is the West Gabbro Zone where previous workers reported composite core intervals grading up to 7.61 grams/tonne Au over 6.4 m and individual core samples grading up to 16.77 g/t over 1.28 m drilled in 1985 and 1986. The Company intends to complete up to 2,000 m of core drilling for approximately 12 holes for this program. The Elmtree Project is host to two significant gold deposits known as the West Gabbro Zone and the South Gold Zone. QA-QC Procedures. All drilling data and results are based on historical data that predates NI43-101 procedures. Conversion factor 34.286 g/t = 1 ounce per ton. Based on historical maps, The WGZ is hosted mainly within claim 7923 owned by MegumaGold but extends westward onto a claim held by another company. The South Gold Zone is entirely within the Company’s property. Claim 7923 is one of 20 mineral claims wholly-owned by MegumaGold and comprising the Elmtree Project. The claims cover 10,779 hectares spread over an area of prospective mineral land located 20 km northwest of Bathurst, New Brunswick. The resources described in this News Release are historic in nature and based on a Technical Report filed in 2008. This Technical Report would not qualify under current NI 43-101 regulations with respect to the use of drilling data that pre-dates NI43-101. The Company considers the historical drill results relevant in guiding exploration efforts and planning but will need to undertake additional drilling to meet current NI 43-101 regulations.