Gold Reach Resources Ltd.
888 - 700 West Georgia St.
Vancouver, BC  V7Y 1G5
(the "Company")

NEWS RELEASE

October 18, 2005

VANCOUVER, BRITISH COLUMBIA – The Board of Directors of Gold Reach Resources Ltd. (the “Company”) have negotiated a non-brokered private placement of 6.0 million Flow-Through Units at a price of $0.10 per Unit with each unit consisting of one flow-through share and one-half of a share purchase warrant; one whole warrant will be exercisable into one non flow-through share for a period of one year at a price of $0.20 per share, subject to regulatory acceptance. A finder’s fee will be issued in the amount of 10% shares and 10% share purchase warrants.

ON BEHALF OF THE BOARD OF DIRECTORS
GOLD REACH RESOURCES LTD.

Mike Sieb, President

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