LATEEGRA ANNOUNCES COMPLETION OF SATTERLY LAKE 43-101 REPORT

July 6, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company” or “Lateegra”) (LRG – TSX Venture Exchange, LTGA - Frankfurt) announces that the Company has completed a National Instrument 43-101 Report on the previously announced Satterly Lake claims (the “Property”) held by Zorin Industries Inc. (see Lateegra news release dated June 18, 2010).

The Report contemplated reviewing and compiling all available technical data while also carrying out a 2009 work program consisting of prospecting and soil sampling.

In summary, the author confirms/verifies the presence of auriferous gold mineralization on the Property supported by the following:

• The highest gold assay produced from prospecting the Greencamp North Showing was 8.2 grams/tonne Au.  The 20 gold assays collected from the Greencamp North Showing averaged 1.1 grams/tonne while 8 samples collected 600 meters to the south-southwest at the Greencamp Show averaged 1.2 grams/tonne with a maximum gold assay at 4.4 grams/tonne.

• Previous historical drilling from the Greencamp North Showing by St. Joe Canada yielded intersections of up to 1.37 grams/tonne Au over 117 meters testing down to a maximum vertical depth of 106 meters leaving the down dip potential of the gold mineralization untested.

• An orientation soil survey of 150 samples tested for continuity of gold mineralization peripheral to the known historical workings produced anomalies of up to 185 ppb gold.  Similar anomalies were also produced both north and east of the Greencamp Showing and support good potential for the continuation of known showings or the discovery of new gold zones.

The scope of a work recommendation to further delineate the gold system and produce a list of diamond drill ready targets involves first carrying out a high resolution magnetic survey in order to prioritize further prospecting, hand stripping, soil sampling and overburden sampling.  The value of this work is estimated to be $308,050.

On June 18, 2010, the Company received final approval of the transaction with Zorin Industries Inc. from the TSX Venture Exchange. Zorin is a private British Columbia company engaged in the business of mineral exploration in Ontario.  Zorin has an option to acquire a 100% interest in and to the Property, which consists of seven mineral claims covering an area of approximately 809 hectares (2,000 acres), located in the Satterly Lake area, Red Lake Mining Division, Ontario.  Upon the exercise of the option, Zorin has agreed to grant a 1.5% net smelter royalty to the two beneficial holders of the Property.  At any time prior to a formal decision to commence commercial production, Zorin may purchase 0.5% of the net smelter royalty for $1 million.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the Company by Andrew Tims, P.Geo., a qualified person.

ON BEHALF OF THE BOARD OF DIRECTORS
“Christopher Verrico”    
President and Chief Executive Officer

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.