Gold Reach Resources Ltd. Starts Exploration Program On Auro Property.
April 22, 2010
Vancouver, British Columbia: Gold Reach Resources Ltd. (GRV: TSX-V) ("Gold Reach" or the "Company") is pleased to announce it has commenced its exploration program on its 100% owned Auro Property located directly adjacent to Richfield Ventures “Blackwater” bulk tonnage gold discovery.
Crews are on site and are currently undertaking regional stream sampling, which is the first phase of a multi phase program. The Company has identified numerous magnetic and electromagnetic target areas on the Auro property from its geophysical survey. The survey has identified large areas of highly resistive rocks that are coincidental with the magnetic anomalies. This is the area of focus for this phase of the program.
The Auro property consists of 13,305 hectares and is directly adjacent to the Richfield Ventures “Blackwater” bulk tonnage gold discovery. Richfield Ventures recently announced on January 5, 2010 they had intersected 329 metres of 1.25 g/t Au hole BW59. April 20, 2010 they announced that they had re entered hole BW59 and were at 509 meters, the core displayed similar volcanic lithologies, alteration and sulphide mineralization as seen in the upper 329 meters.
Technical information in this news release has been reviewed by Derrick Strickland, P. Geo., a qualified person as defined in NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
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Safe Harbour Statement: The Company relies upon litigation protection for “forward-looking statements.” The Company undertakes no obligation to update these forward- looking statements in the managements beliefs, estimates obligations or other factors should change.