CP Capital Group: Press

Vancouver Canada, Whistler Gold ("The Company") (WGC:TSXV) announces that it has entered into a letter of intent dated May 28, 2008 to acquire a 90% interest in the Beregovo and Kvasovo Gold-Lead-Zinc  licenses  in Southwest Ukraine from arm's length third parties.  Whistler Gold will pay $6,000,000 and will issue 2,500,000 common shares, in consideration for 90% of the issued and outstanding shares of Blantyre Securities Ltd., a BVI Company which on closing, will own all of the outstanding shares of Svit Ltd., a Ukraine company which holds the rights to the properties by way of two Special Permissions issued by the Ministry of Environmental Protection of Ukraine.

The highly prospective Beregovo and Kvasovo licenses are located in the southwestern Ukraine some 10 kilometers east of the Hungarian border near the town of Berehove.  The two licenses are underlain by Neogene age volcanics in what is believed to be a series of nested calderas.  The mineralization at the property is epithermal style gold - silver - lead - zinc.

The licenses are adjacent to the Muzhievo license/deposit which recently underwent underground mining for gold from 1999 to 2006 by Zakarpatpolymetally (a local subsidiary of the local government).  The Muzhievo License hosts a historic, near-surface polymetallic deposit, which is reported to contain approximately 14,709,300 tons of 1.88g/t Au; 38.35 g/t Ag; 2.07% Pb and 4.76% Zn **.  The adjacent licenses also host numerous untested occurrences of gold ± silver ± lead ± copper and zinc discovered by historic drilling in and around the Muzhievo deposit.  Historic drill results at Beregovo and Kvasovo include 32.6m of 3.5g/tAu; 31.5 g/tAg; 3.89%Pb and 5.68% Zn and 2m of 2.3g/tAu; 1.5%Pb and 4.89%Zn, respectively.**  

**The quoted disclosure for the Muzhievo Gold Deposit was disclosed publically by Zakarpatpolymetally.  The deposit information is historical and should not be relied upon since it is not compliant to standards set out in National Instrument 43-101.  However, it is relevant because: it is indicative of a mineralized zone adjacent to the Beregovo and Kvasovo licenses.  The resource is based on drilling exploration and development carried out by Zakarpatpolymetally (USSR GKZ approved C1-C2 Soviet Category Resource published in 1990).  A Qualified Person has not classified historical estimates as current mineral resources/reserves, and Whistler is not treating them as current mineral resources/reserves since recent work has not verified the historical estimates. Whistler has not done any work to confirm these estimates.

The Company also announces a non-brokered financing for gross proceeds of $8,000,000 through a private placement of 20 million units @ $.40 per unit.  Each unit will consist of one common share and one share purchase warrant exercisable for two years at $0.60 per share.  Proceeds from the private placement will be used to fund the cash portion of the consideration for the acquisition, proposed work programs on the properties and for general working capital. 

The Company also announces that Cary Pinkowski has been appointed CEO and as a Director.  Mr. Pinkowski has over 20 years of experience in the natural resource industry.  He founded Entrée Gold Inc. (ETG:TSX), and was instrumental in acquiring the Shivee Tolgoi asset, which attracted partners  Rio Tinto Plc and Ivanhoe Mines.  He is the founder and Chairman of Kola Mining (KM:TSXV) and led the acquisition of its 800,000 million tonnes nickel asset in Russia.  Previously, he spent 15 years at Canaccord Capital in Vancouver, Canada.  

Pursuant to its Mandate Agreement with the Company, on closing of the acquisition Endeavour Financial will receive a success fee equal to 2% of the value of the transaction, or $120,000 cash and the issuance of 50,000 shares of the Company. 

Closing of the acquisition is expected to occur on or about June 23, 2008, and is subject to standard closing conditions, including preparation of a 43-101 report on the property, and receipt of satisfactory title opinions on the properties and approval of the TSX Venture Exchange. 
The 43-101 report has been initiated and a completed report is expected to be available in mid-June. 

Whistler’s disclosure of a technical or scientific nature in the news release was prepared under the supervision of Dean Besserer, P.Geol., who is a Qualified Person under the definition of National Instrument 43-101.

ON BEHALF OF THE BOARD OF
WHISTLER GOLD CORP.

"Anthony J. Beruschi"

Anthony J. Beruschi, President

CONTACT INFORMATION

Anthony J. Beruschi

Tel:  (604) 669-5819
Fax:  (604) 669-5886
Symbol:  WGC:TSXV

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of the contents of this press release, which has been prepared by management.