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

NEWS RELEASE

January 16, 2006

January 16, 2006 - Vancouver, BC – Gold Reach Resources Ltd. (TSX.V: GRH) announces the granting of incentive stock options entitling the holders thereof to purchase up to 700,000 shares of the Company at an exercise price of $0.10 per share for a period of five years.

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.