VANCOUVER, Feb. 8 /CNW/ - Gold Reach Resources Ltd. (GRV: TSX-V) ("Gold Reach" or the "Company") is pleased to announce it has commenced the 1598 line kilometer airborne geophysical survey on its Auro Property which is directly adjacent to Richfield Ventures 'Blackwater' Bulk Gold Target.
Gold Reach has contracted Fugro Airborne Surveys of Mississauga to complete a 1598 line kilometre helicopter-borne DIGHEM electromagnetic (EM) geophysical survey on its recently acquired Auro property. Furgro's crews are currently on site preparing to undertake the survey.
Conrad Swanson President of Gold Reach stated that "The DIGHEM survey on the Auro Property will allow us to follow the known geolophysical trend that comes from the Richfield's discovery zone. The tight line spacing and the fact Gold Reach is flying the survey in short order will allow us to develop viable drill targets."
The Auro property now consists of 13,305 hectares and is directly adjacent to the Richfield Ventures "Blackwater" bulk gold target. Richfield Ventures recently announced on January 5, 2010 they had intersected 329 metres of 1.25 g/t Au and on September 29, 2009 148 metres of 1.26 g/t gold including 23 metres of 2.22 g/t gold. See our website for map www.goldreachresources.com.
Technical information in this news release has been reviewed by Derrick Strickland, P. Geo., a qualified person as defined in NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Safe Harbour Statement: The Company relies upon litigation protection for "forward-looking statements." The Company undertakes no obligation to update these forward-looking statements if the management's beliefs, estimates obligations or other factors should change.
SOURCE Gold Reach Resources Ltd.
For further information: For further information: Telephone: (604) 718-5454, Toll Free: 1-888-500-4587