Gold Reach Resources Ltd. Completion of Winter Drill Program
April 16, 2008
Vancouver, British Columbia: Gold Reach Resources Ltd. (GRH: TSX-V) is pleased to announce it has completed the winter drill program which consisted of 4407 metres in 21 drill holes in the Seel Breccia and Copper Gold areas.
All the core has being split and sent to the Assayers Canada Labs preparation facility in Telkwa, B.C., and then to Vancouver, B.C., for analysis. All samples are undergoing a multi-element analysis by ICP/MS and wet geochem for gold and assays are pending.
The 2006 drilling intersected the Seel Breccia pipe consisting of fragments of intrusive and hornfelsed volcanics with pyrite marcasite, chalcopyrite, sphalerite, tetrahedrite, and minor galena; the sulphides occur as infilling with quartz and siderite around the Breccia fragments. The 2006 drill program holes expanded the lateral dimensions of the Seel Breccia. Two drill holes S06-37 and S06-38 expanded the depth of the Seel Breccia. However, the chalcopyrite is erratically distributed and controlled primarily by the size of open spaces between fragments. Assay results from drill hole S06-42 contained nineteen 2-metre samples that were over 1% Cu, six samples greater than 2% Cu, and one greater than 3% Cu, over the 138 metres of mineralization intersected (November 21, 2006) . The Seel Breccia is currently open to the north, west and at depth.
Gold Reach owns 90% of the Seel property and Consolidated Abbadon 10%
Technical information in this news release has been reviewed by Derrick Strickland, P.Geo., a qualified person as defined in NI 43-101.
About Gold Reach:
Gold Reach Resources Ltd. is a Canadian exploration company actively involved in the development of the Seel and Ox Lake projects, a 17,149.5 hectare copper-gold-molybdenum-silver project located 120 kilometers 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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