Initial off-take agreement with MRI Trading AG for up to 5000 tonnes
Wardrop Engineering has commenced NI 43-101 report and update of
underground mine plan
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 02/13/08 -- Brian
McEwen, President and CEO of Buffalo Gold Ltd. (TSX VENTURE:
BUF)(OTCBB: BYBUF)(FRANKFURT: B4K) is pleased to announce that the
Company has entered into its first off-take agreement with MRI
Trading AG ("MRI") of Zug, Switzerland to purchase gold and copper
concentrate produced at the Furtei Mine in Sardinia. This initial
contract is for up to 5000 tonnes to be produced from the Su Masoni
and Sa Perrima open pits in 2008. The contract is open and can be
extended if required. Production and shipping of the concentrate is
expected to begin in the next few weeks.

Brian McEwen, Buffalo Gold, President and CEO, stated, "This is a
major step for the Company as it establishes the initial revenue
stream for the Furtei mine. We are very pleased to be working with
the MRI Group and look forward to their continued involvement as we
grow our production at Furtei and other projects."

MRI has also expressed an interest in the purchase of concentrate
produced from the underground targets at Furtei. Buffalo currently
anticipates underground production to commence in late 2008 or Q1
2009 following the completion of a positive feasibility study on
those targets. A NI 43-101 report is being prepared by Wardrop
engineering, and will include updated geological models and resource
estimates. This will form the basis of the in-house feasibility study
of underground development, also being completed by Wardrop. Tim
Manula, PGeo is the qualified person defined under NI 43-101
guidelines completing the first report from Wardrop, which is
estimated to take 6 weeks.

In addition to selling concentrate Buffalo will continue to pour dore
bars on site at Furtei by processing both pyrite ore from the Sa
Perrima pit, and tailings from the concentrate circuit, through the
on-site CIL plant.

About MRI Trading AG
MRI Trading AG is a top-tier trader of concentrates and other
non-ferrous raw materials. It is part of the MRI group of companies,
a leading investment and trading group in the commodities arena. The
group has a global presence through its offices in Shanghai, Beijing,
Johannesburg, Santiago de Chile, Lubumbashi, New Delhi and Brisbane.

About Buffalo Gold
Buffalo's vision is to build shareholder value by growing a gold
mining company through a combination of exploration and acquisition.
The Company became a gold producer in November 2007 with the
acquisition of the Furtei mine and has produced over 1000 ounces of
gold since then. Buffalo is exploring projects in Sardinia, PNG and
Australia, and has made strategic investments into Kinbuari Gold with
advanced projects in Northern Spain and AMI Resources with grassroots
projects in Ghana.

To find out more about Buffalo Gold Ltd. (TSX VENTURE: BUF), please
visit the company website at www.buffalogold.ca.

Brian McEwen is the Qualified Person for Buffalo and has read and
approved the contents of this news release.

On behalf of the Board of Directors of BUFFALO GOLD LTD.

Brian McEwen, President and CEO
This press release contains certain forward-looking statements, which
are based on the opinions and estimates of management at the date the
statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected. Buffalo undertakes
no obligation to update forward-looking statements if circumstances
or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking statements.

Cautionary Note to U.S. Investors

The United States Securities and Exchange Commission ("SEC") permits
mining companies, in their filing with the SEC, to disclose only
those mineral deposits that a company can economically and legally
extract or produce. We use certain terms in this website, such as
"mineral resources", "measured", "indicated", and "inferred
resources", that the SEC guidelines prohibit us from including in our
filing with the SEC. Investors are urged to consider closely the
disclosure in our Form 20-F, File No. 0-30150, available from us by
contacting the investor relations department.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the accuracy of this press release.

Contacts:
Buffalo Gold Ltd.
Julie Hajduk
Investor Relations
(604) 685-5492 or Toll Free: 1-888-685-5492
(604) 685-2536 (FAX)
Email: julie@buffalogold.ca
Website: www.buffalogold.ca