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Tyhee Gold Corp Recieves Funds From Early Exercise Of Warrants

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Tyhee Gold Corp. (TDC.V) announced that it has received $625,000 yesterday from the early exercise of 5 million warrants (at $0.125) from Williams Creek Gold Limited. Tyhee said it is actively moving its wholly-owned Yellowknife Gold Project towards production. A Feasibility Study is underway, led by SRK Consulting, and is expected to be completed by mid 2012. "It will build on the positive Preliminary Feasibility Study completed in July 2010 that recommended operating at 3,000 tonnes per day," the company said in a statement. The Feasibility Study will consider an expanded resource and a more current gold price as well as other updated inputs.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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