SOURCE: Dutch Gold Resources, Inc.

February 02, 2010 09:29 ET

Dutch Gold Begins Process to Permit Basin Gulch Project

ATLANTA, GA--(Marketwire - February 2, 2010) - Dutch Gold Resources, Inc. (OTCBB: DGRI) (the "Company") (http://dutchgold.com) is pleased to announce that it has begun the process to obtain permits to conduct limited operations on the Basin Gulch property in Montana.

The Company expects to file preliminary applications with The Permitting and Compliance Division of the Montana Department of Environmental Quality prior to month end.

"We are enthusiastic about moving this process forward. The Basin Gulch property is a keystone asset of the Company. The Company is fully committed to the sustainable development of this project," said Daniel Hollis, Dutch Gold CEO.

Rauno Perttu, COO of Dutch Gold, will lead the process for Dutch Gold. Mr. Perttu has forty years experience working in permitting and compliance processes as they relate to mining activities. He and his family have been active in the environmental movement for years, and have consulted for various state regulators. "We expect to be good stewards of the resources of the State of Montana, and look forward to a positive relationship with the DEQ," said Mr. Perttu.

About Dutch Gold Resources:

Dutch Gold Resources, Inc. is engaged in the production and development of gold reserves in North America. The company's strategy is to focus on overlooked resources that can be quickly and cost-efficiently brought into production, and to seek out potentially significant exploration targets in high value geographies. The Basin Gulch project Montana, the Jungo property outside Winnemucca, Nevada, and the Benton Mine in Oregon comprise the Company's current portfolio. The DGRI management team is composed of seasoned professionals with decades of experience in geology, and in mergers and acquisitions, as well as corporate finance.

Forward-Looking Statements

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

Contact Information

  • For further information, please contact
    Jason Assad
    Dutch Gold Resources, Inc.
    (404) 419-2440
    www.DutchGold.com