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

NEWS RELEASE

February 23, 2006

Gold Reach Awaiting Results from Last Five Drill Holes of Recent Program

Vancouver, BC, February 22, 2006 . . . Further to the Company’s news release of February 22, 2006, Gold Reach Resources Ltd. (TSXV:GRH) and Consolidated Abaddon Resources Inc. (TSXV:ABN) wish to report that the drill core from the remaining 5 holes is currently being processed and results will be reported upon receipt.

Location maps and figures displaying the updated drill collar locations and current geophysical model can be found on our website: www.goldreachresources.com

For further information, please contact:
Gold Reach Resources Ltd.
Conrad Swanson - President – (604-718-5454)

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