Staccato Gold Resources Ltd.

Staccato Gold Resources Ltd.

August 10, 2009 09:59 ET

Staccato Gold Provides Update on Summer Program at Flagship South Eureka Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2009) - Staccato Gold Resources Ltd. (TSX VENTURE:CAT) is pleased to provide an update on the summer exploration program at its flagship South Eureka property. A detailed mapping and sampling program covering the entire Ratto Ridge structural trend that hosts the Lookout Mountain deposit commenced earlier this summer. Staccato's summer work also includes continuation of historic drill hole re-logging which is necessary for cross section work, and the generation of a 3D model to aid in future targeting and re-evaluation of the Lookout Mountain resource estimate.

Windfall Project

Preliminary mapping along the Windfall corridor and within the Rustler and Windfall pits has now been completed and drill targets have been selected. Rock sampling programs to cover outcrop and in pit exposures will begin when drilling starts.

The upcoming drill program will target several new zones, as well as offset last year's intercept in hole 4 (5.25 g/t Au over 23 metres). A track mounted drill rig is expected to arrive at site in late August to start the 2,600 metre (8,000 foot) program.

Lookout Mountain Project

Mapping at the Lookout Mountain project is focused on gaining a better understanding of structural and stratigraphic controls on mineralization which will aid in the re-evaluation of the Lookout Mountain resource estimate, and help delineate future drill targets. Preliminary results are encouraging with several new drill targets generated based on the work completed this summer.

Preliminary assay results for sampling on several northeast trending structures are encouraging with surface gold values up to approx. 2 grams per tonne occurring north of the Lookout Pit. Additional altered structures encountered include northwest and east-northeast striking zones. Please refer to Staccato's website for maps and a table of the sampling program results. The mapping and sampling program will continue into the fall.

Plan of Operations for Lookout Mountain Project

In preparation for future drilling at the Lookout Mountain project, Staccato has submitted a Plan of Operations to the BLM and Nevada Department of Environmental protection. The Plan of Operations was submitted in March 2009, and is undergoing review at both government agencies. The plan covers the entire length of the Ratto Ridge and proposes 100 hectares (approx. 246 acres) of disturbance, which will be distributed over a phased exploration program. The phased approach allows Staccato to only bond for acreage proposed for each program and requires plans to be submitted on a yearly basis. Staccato utilized an Environmental Assessment and Plan of Operations submitted to the BLM by Alta Gold in 1998.

This press release was reviewed by Gary Edmondo, M.Sc. Geology, who is Staccato's Senior Exploration Manager, and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

On behalf of the Board of Directors


Grant Ewing, President & CEO, Director

About Staccato Gold Resources Ltd.: Staccato Gold is a well funded junior gold exploration company with resources and advanced stage exploration assets located exclusively in Nevada. The Company has assembled a portfolio of prospective gold prospects in the dominant gold trends in Nevada.

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking information within the meaning of Canadian securities laws. Forward-looking information is based on numerous assumptions, including that equipment and personnel will be available when required, that no delays are experienced in the planned work programs, that technical issues identified in the previous resource estimate for the Lookout Mountain project can be addressed and within the time frame anticipated, and that all necessary approvals for the planned programs will be obtained in a timely manner, and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development such as, but not limited to, risk of delay in obtaining permits and approvals, the risk that actual results of exploration activities will be different than anticipated, risk of failure of equipment, accident, labor disputes and other risks associated with mineral exploration activities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to not be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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