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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: John McCarthy11/9/2006 2:36:45 PM
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Gold Intersects 68 Metres Grading 3.2 g/t Gold at Tashlaka Hill, Bulgaria

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 9, 2006) - Asia Gold Corp. (TSX VENTURE:ASG) is pleased to announce a 68-metre intersection that averages 3.2 grams per tonne (g/t) gold in diamond drill hole R-245 at the Tashlaka Hill Project in southeastern Bulgaria. Hole R-245 was drilled in the Tashlaka Main Zone and included several higher-grade intervals that averaged 20.0 g/t gold over widths of up to 2.9 metres.

Asia Gold has earned a 51% interest in the Tashlaka Hill project and three other gold projects in Bulgaria pursuant to a joint venture agreement with Hereward Ventures Bulgaria (Hereward), a wholly owned subsidiary of Cambridge Mineral Resources plc (AIM:CMR-L). (See News Releases dated November 17, 2005 and September 6, 2006.)

Asia Gold drilled six diamond drill holes totalling 741 metres on the Tashlaka Main Zone in June and July 2006. Tashlaka Hill was explored by Niproruda, a Bulgarian State mining company, between 1981 and 1992 (86 drill holes) and by Hereward between 2001 and 2005 (42 drill holes). Asia Gold's six holes targeted a zone of higher-grade gold mineralization outlined by Hereward within a larger low-to-moderate-grade gold envelope that was identified by Niproruda. Asia Gold's six holes were designed to obtain new structural information to better evaluate the potential of the higher-grade Main Zone.

The newly received R-245 drill results are tabulated below:

TABLE
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