Gold Reach to Start 6000m Spring Drill Program at Seel and Ox Lake Properties
April 16, 2007
Vancouver, British Columbia: Gold Reach Resources Ltd. (GRH: TSX-V) ("Gold Reach" or the "Company") is pleased to provide the following update to the exploration program on both the Seel and Ox Lake copper-molybdenum-gold properties in central B.C. The exploration program will resume in mid-May, with the initial program being approximately 60 km of line cutting and geophysics which will infill the area between the Seel porphyry and the Ox porphyry prospects. These prospects are approximately 4 kilometres apart. A 6000 metre drill program will follow upon completion of the geophysical program.
Drilling presently planned will test three different areas. The extensions and depth at Ox Lake, which is a copper–molybdenum system, will be tested. Drilling to date has indicated this system is open to depth and also along strike. Additional holes are also planned at Seel to further test the high grade Breccia zone. In addition a strong I.P. anomaly flanking the Damascus silver–lead-zinc vein zone will be drilled.
Highlights of previously announced drill results are presented for review:
Seel Intercept
Hole # from to (m) Cu (%) Au (g/t) Ag(g/t)
S04-4 35.0 181.7 144.3 0.299 0.281
S04-8 18.3 121.9 103.6 0.436 0.480
S03-24 12.2 127.2 115.0 0.3521 0.376
S06-38 36.7 100.0 64.3 0.400 0.435
S06-39 44.0 204.0 160.0 0.430 0.506
S06-40 36.0 120.0 84.0 0.505 0.534
including 36.0 54.0 18.0 1.081 1.186
S06-42 22.0 160.0 138.0 0.845 23.0
including 22.0 64.0 42.0 1.240 32.0
S06-47 106.0 144.0 38.0 0.420 13.7
Ox Lake Intercept
Hole # from to (m) Cu (%) Mo (%)
Ox07-2 30.0 137.5 107.5 0.369 0.030
including 92.5 122.5 30.0 0.537 0.018
Ox07-3 122.5 195.0 72.5 0.267 0.023
including 172.5 192.5 20.0 0.574 0.044
Ox07-5 12.5 140.0 127.5 0.303 0.031
including 122.5 140.0 17.5 0.469 0.043
Ox07-6 82.5 175.0 92.5 0.243 0.034
including 162.5 175.0 12.5 0.308 0.055
Ox07-7 62.5 239.8 177.3 0.246 0.026
including 192.5 202.5 15.0 0.374 0.065
Ox07-9 47.5 182.0 134.5 0.230 0.024
including 150.0 182.0 32.0 0.349 0.034
The project is under the direction of Barbara Welsh, P.Eng, a qualified person, as defined by National Instrument 43-101
About Gold Reach:
Gold Reach Resources is a Vancouver based company focused on developing copper-molybdenum-gold resources in B.C.
ON BEHALF OF THE BOARD OF DIRECTORS
Conrad Swanson, President
For further information, please contact:
Doug Kerr
Gold Reach Resources
Telephone: 604-718-5454
Toll Free 888-500-4587
Email: doug@goldreachresources.com
Web: www.goldreachresources.com