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Message: Looks like the rats are running for the hills.

Here is the information I received from Sunny

This is Sunny Pannu with Energold Drilling (EGD:TSX-V), I handle the investor relations for the company. Thank you for your support and interest in the company. Please see below for some additional information as I have also attached our corporate presentation. Here is a link to a video showcasing our drills in operationClick Here

The drills are made in Vancouver and our warehouse is located here as well. We have started to manufacture a few rigs and parts offshore mainly to keep inventories local for ease of access to various drill programs.

Energold Drilling (EGD:TSX-V)

www.energold.com

May 30 2011 – Energold Drilling Corp Announces Record Revenue & Increased Margins in First Quarter 2011

· Record revenues of $22.7 million, up 181% from $18.1 million for the first quarter of 2010

· Another profitable quarter of $1.9 million in consolidated net earnings, as compared to a $1.3 million net loss in the same period of 2010

· Gross margins improved to 28.3% in the first quarter, compared to 14.7% in the comparative quarter in 2010 and 18.6% in the prior quarter

· Drilled a new record of 125,800 meters, up 132% from 54,300 meters drilled in the same period of 2010, and up 22% from the prior quarter

· Company had 110 drilling rigs with an additional 5 more rigs under construction in response to continued demand for highly mobile drilling rigs and increased exploration expenditures in frontier drilling.

Jan 19 2011 – Energold Drilling Corp Announces Strategic Acquisition of Dando Drilling International Ltd. UK

· The Dando team has a long and proven track record of profitably designing and manufacturing specialty/customized drilling rigs and associated equipment for water well, mineral exploration and geotechnical drilling companies operating throughout the world. Dando has also supplied water well drilling services to many international institutions.

· Energold has acquired all the outstanding shares of Dando for Pound Sterling 50,000 (CDN$80,000). The Energold Group will assume Pound Sterling 560,000 (CDN$887,000) of creditor debt and transaction costs, payable over three years.

· Dando currently has existing contracts to build and deliver 17 rigs plus additional parts and supplies valued at approximately Pound Sterling 6.7 million (CDN$10.6 million) to solid creditworthy institutions and another three contracts valued at Pound Sterling 1.1 million (CDN$1.7 million) in negotiation to be shipped to locations around the world.

Energold quick facts:

  • One of the largest Canadian publicly traded contract drilling companies in the world
  • Socially & environmentally sensitive approach to drilling
  • Carved out a niche market servicing the ‘Frontier Drilling’ segment
    • Remote locations
    • Heavily forested
    • Lack of infrastructure
  • Operations with 103 rigs in over 20 countries in South America, Africa and Asia
  • Ability to drill for all metal commodities including Gold, Silver, Copper, Iron Ore and many more
  • Strong financials & fundamentals
    • $22 million cash
    • $64 million working capital
    • $185 million market cap
    • No debt
  • Drilling clients include:
    • BHP Billiton
    • Barrick Gold
    • Goldcorp
    • First Quantum Minerals
    • Newmont Mining
    • Penoles
  • 11% interest in IMPACT Silver (IPT:TSX-V), a profitable silver producer in Mexico
  • Awards & Accomplishments
    • PROFIT 100 - Canada's Fastest Growing Companies, 2009 & 2010
    • Vancouver Sun Business BC Top 100, 2008
    • Vancouver Sun Top 50 Fastest Growing 2010
    • PDAC Environmental Excellence in Exploration Case Study (E3 Initiative)
    • TSX Venture 50, 2008 & 2010

Kindest Regards,

Sunny

Sunny Pannu

Investor Relations

Energold Drilling (EGD:TSX-V)

1100-543 Granville Street

Vancouver, BC

V6C 1X8

Ph: 604-681-9501 ext. 132

Email: [email protected]

www.energold.com

Bart

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