Threegold Resources Inc. Files Final Short Form Prospectus for $3 Million New Issue (2006-12-20)

VAL D'OR, QUEBEC--(CCNMatthews - Dec. 20, 2006) - Threegold Resources Inc. (TSX VENTURE:THG) announces that it has filed a final short form prospectus for its proposed new issue in the province of Quebec. The offering consists of a treasury issue of a minimum of 572 units and a maximum of 1,714 units at a price of $1,750 per unit, for minimum proceeds of approximately $1 million and maximum proceeds of $3 million to Threegold. Each unit is comprised of 4,000 "flow-through" common shares at price of $0.35 per share and 1,000 common shares at a price of $0.35 per share.

Threegold will use the proceeds from the offering to advance its exploration programmes on its Vital and Gasse-Lemieux properties and to working capital. The lead agent for the public offering is Desjardins Securities Inc.

The closing of the public offering is expected to take place on December 28, 2006.

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For further information, please contact:

Antoine Fournier, P.Geo.
President
Threegold Resources Inc
Tel.: (819) 825-3883
Fax: (819) 825-7545
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Octavio Soares, FCA
Chief Financial Officer
Threegold Resources Inc
Tel.: (418) 999-8811
Fax: (418) 652-8149
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Sylvain Laberge
Investor Relations
S.D.N.L. Financial Communications
Tel: (514) 380-5610
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

You can also visit our website: www.threegold.ca
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.