Baillie Gifford US Growth Trust plc BLGFF

Bear Lake Gold Drill Program begins at Larder Lake

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Bear Lake Gold Drill Program begins at Larder Lake


Longueuil, Québec: July 14, 2010. Bear Lake Gold Ltd. (the “Company”) (TSX.V: BLG) is pleased to announce that it has started a drilling program at its Larder Lake property, in Ontario.

Following the completion of a $3.76M Financing, the drilling program is now underway at Larder Lake with one drill already on site. The program consists of approximately 15,000 meters of diamond drilling focused mostly on the Bear Lake zone. The campaign will mainly target the upper part of the Bear Lake zone at depths between 400m and 1,200m from surface with the objective to define and expand the higher grade mineralized lenses, including both the Carbonate and Flow-type mineralized horizons.

Forward-Looking Information
This news release contains certain "forward-looking information" under Canadian securities laws. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. Specifically, this news release contains forward looking information about the Company’s plans for the drill program to be carried out at Larder Lake. Forward looking information is based upon assumptions by management that are subject to known and unknown risks and uncertainties beyond the Company’s control, including risks related to mining exploration and the availability of financing for companies such as the Company. There can be no assurance that outcomes anticipated in the forward looking information will occur, and actual results may differ materially for a variety of reasons. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking information, except as may be required by law.

About Bear Lake Gold

Bear Lake Gold Ltd. is engaged in the exploration of gold and precious mineral properties in North America. Additional information about the Company is available on the Company’s website, www.bearlakegold.com and on SEDAR atwww.sedar.ca.

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.
For further information please contact:

Francois Viens
President and CEO
Bear Lake Gold Ltd.
Tel: [phone]
Fax: [phone]
[e-mail]