Mexigold Announces Stock Option Grant

MEXIGOLD CORP.

(formerly BCY Resources Inc.)

FOR IMMEDIATE RELEASE

Contact: Investor Relations Friday, April 15, 2011 Phone (604) 684-2181 (No.2011-04-06) [email protected]

Mexigold Announces Stock Option Grant

Vancouver, British Columbia, Canada – April 15, 2011 – Mexigold Corp. (the “Company”) (TSX Venture Exchange: MAU) wishes to announce that it has granted an aggregate of 675,000 stock options to directors, officers, consultants and employees of the Company, exercisable for a period of five years, at a price of $0.48 per share.

ON BEHALF OF THE BOARD OF DIRECTORS

“Peeyush Varshney”

Peeyush Varshney, LL.B.

President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Suite 2050-1055 W.Georgia St., PO Box 11121, Vancouver, BC Canada V6E 3P3 Phone (604) 684-2181 Fax (604) 682-4768 [email protected] www.mexigoldcorp.com