Bullion River Gold Corp. Acquires Option on the Mission Gold Mine in Riverside County, California in the Historic Dale Mining District.

RENO, Nev. -- Bullion River Gold Corp. (OTCBB:BLRV) has negotiated an option to purchase the Mission Gold Mine property from TKM Corporation. This high-grade gold property is located in the Pinto Mountains of northern Riverside County, near the town of Twenty-Nine Palms. The property consists of 26 unpatented lode claims, hosting the historic Mission, Desert King, Sunset and Duplex mines. Gold production of 17,000 ounces was reported from all the mines before 1930. In 1981, the Mission Mine was reopened. A shaft was sunk to a depth of 600 feet and approximately 2,300 feet of development drifts were excavated on five levels. Limited mining occurred over the following decade but no production records are available. Bullion River has staked an additional 25 claims around the Mission Mine on land that previously hosted producing mines.

Bullion River Gold Corp. has paid TKM Corporation $50,000 for a six-month due-diligence phase of data compilation, verification and exploration; to be followed by a second $50,000 payment on September 1, 2006 which initiates the purchase option and permits the company to explore on the property. Upon execution of the option by the Company, a purchase price of $1.5M would be payable on September 1, 2007 and a 2.5% NSR would be in effect for the first three years of production. If the purchase option is not executed by the Company by September 1, 2007 the purchase price would increase by $500,000/yr.

The Dale (Monte Negro) Mining District is situated at a major structural break between the Central Mojave Detachment terrain and segments of the San Andreas and Pinto Mountain Fault segments. High-grade gold (+1 ounce) mineralization is found in a series of sub parallel fault controlled veins with quartz-magnetite-specularite and pyrite, which are hosted by Mesozoic granites of the Sierra Nevada Batholith. The veins tend to increase in grade and thickness with depth. Previous work by state geologists and geologic consultants, has indicated possible resources between 160,000 and 650,000 tons of vein material solely on the Mission vein. A California State report gives an inferred resource of 350,000 tons for the Mission vein. Previous workers collected 175 channel samples from the underground workings of the Mission Mine, which averaged 0.8 ounce/ton gold; and 57 channels from the 600-foot level averaged 1.46 ounce/ton gold. A 1996 mine evaluation report on the Mission Mine estimated a 280,000-ounce resource according to the standard set out in Canadian National Instrument 43-101, or 280,000 ounces mineralized material according to Industry Guide #V of the SEC. The company intends to direct its current and future efforts towards confirming and enlarging these resources, obtaining permits, and ultimately mining the resource profitably.

Peter M. Kuhn, president of Bullion River Gold Corp. states: "As our continuing success at the French Gulch mine demonstrates, we are confident that we can successfully develop mines in California and maintain our commitment to safety and environmental responsibility. The acquisition of the Mission Mine again confirms our belief in the tremendous opportunities for high-grade underdeveloped mines in California."

About Bullion River Gold Corp.: Bullion River Gold Corp. is an American-based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the Western United States. The company has seven properties, five of which are located in Nevada. Three of the Nevada properties are considered advanced projects and two are considered grassroots projects. The two remaining properties are in California. Both of these properties are past producers.

For more information, contact Leann Pinguelo, Investor Relations at Bullion River Gold Corp. at (800) 540-BLRV (2578) or at [e-mail] or visit the Company's website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov/ to review 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) including statements regarding SEC approval and the sufficiency of the funds raised. 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. may have 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.

Bullion River Gold Corp. (OTC Bulletin Board:BLRV)