Lateegra Prepares for Drilling

Lateegra Gold Corp. (the "Company") (TSX VENTURE:LRG)(FRANKFURT:LTGB) is pleased
to announce that drilling is expected to commence imminently on its newly
acquired DeSantis Mine project in the West Timmins area, Ontario.


The Company is in the process of compiling all the data from the greater than
300 historic drill holes, along with shafts and drift development down to the
1175 foot level, into a 3D model. The Company is currently reviewing the
interpretations from the model, and has targeted certain areas within the
Hydrothermal and Albitite zones for immediate drill testing. The first phase of
drilling is expected to commence next week.


President and CEO, Christopher Verrico, states: "Having literally 10's of
millions of dollars of work, in present days terms spent on exploration and
underground development, this project in concert with modern geological
understanding of the belt could not come at a more exciting time for Lateegra.
We are looking forward to exciting news for several months to come."


The Company also announces that it has granted incentive stock options under its
stock option plan to directors and consultants for the purchase of up to 200,000
common shares of the Company for a period of two years at a price of $0.25 per
share.


ON BEHALF OF THE BOARD OF DIRECTORS

Christopher Verrico, President and CEO

Cautionary note: This report contains forward looking statements, particularly
those regarding cash flow, capital expenditures and investment plans. Resource
estimates, unless specifically noted, are considered speculative. The company
has not filed a National Instrument 43-101 report on any property, but will do
so as soon as the information is available. Any and all other resource or
reserve estimates are historical in nature, and should not be relied upon. By
their nature, forward looking statements involve risk and uncertainties because
they relate to events and depend on factors that will or may occur in the
future. Actual results may vary depending upon exploration activities, industry
production, commodity demand and pricing, currency exchange rates, and, but not
limited to, general economic factors. Cautionary Note to US investors: The U.S.
Securities and Exchange Commission specifically prohibits the use of certain
terms, such as "reserves" unless such figures are based upon actual production
or formation tests and can be shown to be economically and legally producible
under existing economic and operating conditions.

Lateegra Gold Corp Com (TSXV:LRG)
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