Gold Reach Resources Ltd. Announces Ox and Seel Metallurgy

August 4th 2009: Vancouver, British Columbia: Gold Reach Resources Ltd. (“Company”) (GRV: TSX-V) is pleased to announce that PRA Metallurgical Division (PRA) a subsidiary of Inspectorate America Corp. has completed comparative flotation tests on the Seel and Ox resources. The Ox and Seel projects are located 120 kilometres south of Houston, B.C and eight kilometres east of the producing copper-molybdenum Huckleberry Mine.

A total of 226 kilograms of core from three drill holes were sent to PRA in June 2009.  Two of the drill holes are from Seel resource and one is from the Ox resource  The core submitted underwent detailed head assays for gold, silver, 30-element ICP, whole rock, sulphur (total), sulphur (sulfide), carbon (total) and carbon (organic) and a baseline rougher flotation, a total 6 tests including gold, silver, sulphur (total), carbon (total) and 30-element ICP assays. The table below is a summary of the recovery results.

Sample

Calculated Head Grade,
(g/t or %)

 Rougher Concentrate Grade
(g/t or %)

 Total Rougher Recovery (%)

 

Au

Ag

Cu

Fe

Au

Ag

Cu

Fe

Mass

Au

Ag

Cu

Fe

Mo

S06-42

0.14

29.1

1.15

12.14

0.47

107.5

4.48

36.11

25.56

89.02

94.2

99.59

75.93

 

S08-72

0.87

5.3

0.68

6.24

10.00

57.4

8.45

18.62

7.45

85.57

77.9

93.00

22.18

 

Ox 07-22

0.11

3.5

0.51

3.10

0.74

27.4

5.09

15.57

9.42

73.99

74.0

93.92

47.37

87.3

Further upgrading will be needed to produce a marketable copper product with related potential byproducts such as molybdenum and zinc.

The company has two NI 43-101 resources estimates completed by Wardrop Engineering Inc., one for the Seel property and one for the Ox property.

The Seel NI 43-101 report estimates the Seel property total indicated and inferred mineral resources of 26.8 million tonnes with a 0.3% Copper-equivalent cut-off. The indicated mineral resource is estimated to contain 13.8 million tonnes averaging 0.3% copper, 0.007% molybdenum, 0.3 g/t gold and 1.04 g/t Ag. The inferred mineral resource, at the same cut-off, is estimated to contain approximately 12.95 million tonnes grading 0.2% copper, 0.019% molybdenum, 0.11 g/t gold, and 3.35 g/t silver.  The Seel resource estimate is based on an estimated recovery rate of 87% for copper, and 80% for gold, molybdenum, and silver.

The Ox Lake NI 43 -101 report estimates an Ox Lake inferred resource of 16.1 million tonnes, grading 0.30% copper and 0.04% molybdenum, which is based on an estimated recovery rate for 85% for copper and 60% for molybdenum. The Ox Lake deposit is 3.7 kilometres northwest of the Seel deposit

Conrad Swanson President of Gold Reach stated “The recent metallurgy results on the Ox and Seel resources demonstrates the recovery rates are significantly higher than assumptions used in the resource calculations.  To date we have explored less than 10% of the property and with compelling geophysical targets yet to be tested we are excited about Gold Reach’s future”

The company is please to announce that Pat Glazier had been appointed to the board of directors.  Mr. Glazier has a wealth of knowledge in mineral properties and financing and will an asset to Gold Reach.

The Gold Reach drilling programs were carried out under the supervision of Derrick Strickland, P. Geo., who is a Qualified Person as defined by National Instrument 43-101. Mr Strickland has reviewed and approved the contents of this news release.

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 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

For further information, please contact:
Gold Reach Resources
Telephone: 604-718-5454
Toll Free: 888-500-4587
Web: http://www.goldreachresources.com

Safe Harbour Statement: The Company relies upon litigation protection for “forward-looking statements.”

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