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

NEWS RELEASE

January 13, 2006

January 13, 2006 - Vancouver, BC – Gold Reach Resources Ltd. (TSX.V: GRH) announces the completion of 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. Finder’s fees were paid to (a) Canaccord Capital Corporation – (205,000 Units); (b) Union Securities – (20,000 Units); (c) Bolder Investment Partners – (20,000 Units); and (d) Foster and Associates – (150,000 Units).

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson,
Chairman

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.