Bullion River Gold Corp.: Staked Mineral Claims in Painted Hills District.

Business Editors

RENO, Nev.--(BUSINESS WIRE)--March 3, 2004

Bullion River Gold Corp. (OTCBB:BLRV) has acquired 41 unpatented mineral claims in the Painted Hills district in northwestern Nevada comprising 845 acres. The mineral claims are Bullion River Gold Corp has a 100% interest in the mineral claims, which was acquired by staking the mineral claims.

The Painted Hills project is located in the Humboldt County in Nevada 135 kilometers northwest of Winnemucca, Nevada, and 86 kilometers northwest of the Sleeper mine. The project covers an area of altered and mineralized Miocene volcanic rocks along a regional fault system. This regional structural zone has also localized gold mineralization at the Hog Ranch and Mountain View districts, both similar in age and geologic setting to the Sleeper and Midas districts in containing Middle Miocene (15 Ma), high-grade, low-sulfidation epithermal gold mineralization within quartz-adularia vein stockworks. Alteration and mineralization at the Painted Hills project are indicative of the shallowest levels of a mineralized epithermal system.

Bullion River plans a program of mapping, sampling and geophysical surveys in the spring of 2004, followed by a drilling campaign in the summer of 2004.

About Bullion River Gold Corp.

Bullion River Gold Corp. is a mineral exploration company focusing on regions containing gold-silver deposits. The company's primary focus is the Great Basin in the Western United States and the Motherlode belt of California. Bullion River seeks projects that contain or have potential to contain high grades and large tonnage potential. Bullion River will also focus on projects that contain potential for mineralization concealed under post-mineral cover.

Approved by the Board of Directors:

BULLION RIVER GOLD CORP.

PETER M. KUHN, President

For more information, contact Bradford J. Long at the Company's Investor Relations office at 800-540-2578 (BLRV) or at [e-mail] or visit its website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov/ to review the Bullion River's latest filings.

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Bullion River Gold Corp. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Bullion River Gold Corp. expressly disclaims any obligation to update the statements contained in this release.