Choice Gold Corp. drills 114.0 metres at 0.41 g/t Au (including 59.5 m at 0.54 g/t) at Sugarloaf Peak Gold Project

March 14, 2012 � Vancouver, British Columbia � Choice Gold Corp. (CNSX: CHF) (MUN: OCG) (�Choice Gold� or the �Company�) is pleased to announce results from the first 6 of 13 holes from the phase 1B drilling program at its Sugarloaf Peak Gold Project, located in southwest Arizona.  Highlights include hole SGR-12-09 and SGR-12-10 that intersected a thick sequence of mineralized felsic tuffs returning respectively 93.0 metres at 0.44 g/t Au (including 21.3 m at 0.53 g/t Au and 33.5 m at 0.51 g/t Au) and 114.0 metres at 0.41 g/t Au (including 59.5 m at 0.54 g/t Au).  The central mineralized zone now extends over 1.1 km along a NE-SW strike between SGR-12-09 and SGR-12-11.  The holes were collared in a strongly hematite altered unit up to 25 metres thick that then intersected supergene altered tuffs over a variable thickness (from 12 metres to over 100 metres thick).  The holes were mineralized from surface down and bottomed in mineralization.  Readers are encouraged to view the detailed cross section on the home page of the Company web site (www.choicegoldcorp.com).  The drilling campaign consisted of 13 reverse circulation holes testing the historically known central mineralized area, as well as new areas to the West, South and South East which have been identified based on rock gold anomalies at surface.  A total of five holes were drilled into the historically known mineralized area, of which the Company has now received results from four of these (SGR-12-09, SGR-12-10, SGR-12-11 and SGR-12-12), here presented.

Gianni Kovacevic, CEO of Choice Gold, commented: �The clear objective of the phase 1B drill program was to corroborate some of the vast quantities of available historical information.  There has been over 10,000 m of drilling on the property between 1963 and 1995 all concentrated in the same central area and performed by at least four different mining companies which produced two historical non-43-101 resource estimates for the Sugarloaf Peak Gold Project.  Our technical team is working hard to confirm and expand upon that historical information in order to better define the historical mineralized area.  We are looking to assess, and if applicable, accelerate plans for a Phase 2 drill program in 2012 to follow-up on today�s results and test the potential extension of mineralization at depth.�
 
Hole SGR-12-09 was drilled to test the northeastern extension of the mineralized zone as defined by the available historical information.  This hole successfully demonstrates the potential to expand upon the large footprint of the Sugarloaf Peak project on strike and to depth by intersecting continuous mineralization through the entire hole.  Hole SGR-12-09 bottomed in mineralization at a vertical depth of 117 metres.

Hole SGR-12-10 was drilled to corroborate the historical information of hole CS-7, which reflected the highest grade-thickness ratio amongst the historical holes.  Choice Gold was able to confirm the higher grade intervals at similar and greater depths than historical hole CS-7 with a broad mineralized intersection and grades reaching 3.3 g/t Au.

The calculated intervals for all the 2012 drill holes received to date are presented in the following table.  All intervals were calculated using a 0.15 g/t Au cut-off, a minimal thickness of 25 feet or 7.6 metres and a maximal dilution thickness limited to 3.0 metres.