Gold Reach Completes Phase 1 Drill Program on Ox Lake Claims
March 13, 2007
Vancouver, British Columbia: Gold Reach Resources Ltd. (GRH: TSX-V) ("Gold Reach" or the "Company") announces that the Phase 1 drill program on the Ox Lake claims is now complete. This program was designed to confirm and expand upon the historic Ox Lake resource. See News Release dated: January 16th 2007.
A total of 12 holes comprising of 2380 metres were drilled. All holes intersected significant sulphide mineralization consisting of pyrite, chalcopyrite, and molybdenum with extensive microfracturing.
A map showing the location of this drill program can be viewed at the Company’s website.
Location Map: Ox Lake drill program map.
All drill core has been submitted for analysis with Assayers of Canada with results expected near the end of March.
Due to weather and ground conditions, the company could not drill test the extension of the Seel Breccia Zone and will wait until after spring breakup.
The project is under the direction of Barbara Welsh, P.Eng, a qualified person, as defined by National Instrument 43-101.
About Gold Reach
Gold Reach Resources is a Canadian exploration company actively involved in the development of the Seel property, a 17,149.5 hectare copper-gold-molybdenum-silver project located 120 kilometres south of Houston, BC and eight kilometres east of the producing copper-molybdenum Huckleberry Mine.
ON BEHALF OF THE BOARD OF DIRECTORS
Conrad Swanson, President
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