SOURCE: Dutch Gold Resources, Inc.

May 06, 2008 09:30 ET

Dutch Gold Resources Adds Geologist, Updates Operations

ATLANTA, GA--(Marketwire - May 6, 2008) - Dutch Gold Resources, Inc. (PINKSHEETS: DGRI), a developer and operator of proven gold mines and a regional mill in North America, today announced that it added Sam Bourque as its lead underground geologist and has extended its relationship with David Hembree, a professional geologist with over twenty seven years experience who consults for the Company on an ongoing basis.

Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "Our team has been focused on development and exploration in our Benton Mine, and we are pleased to announce the addition of another experienced geologist to the team. We now have an excellent combination of an underground geologist to work with our mining team underground on a daily basis, combined with David Hembree's decade-long knowledge of this resource."

Mr. Borque is a graduate of Northern Arizona University, with a Bachelor of Science in Geology. His experience includes assignments with Newmont, Victoria Resources US, Inc., and ASARCO. His experience with major miners and junior miners makes him uniquely qualified to serve the Company at this stage of development of the Benton projects.

Mr. Hollis commented on the progress of the Benton Mine: "We anticipate the completion of the NI43-101, as well as an updated mining plan that will better define our resource and strengthen our operating plan throughout the balance of this year and next. We are committed to adding professional staff to the Company that will allow us to optimize Dutch Gold properties and build value for all of our constituencies."

About Dutch Gold Resources, Inc.

In January 2007, Dutch Gold Resources, Inc. acquired Dutch Mining LLC, which was founded in 1994. Dutch Gold is engaged in the mining and processing of proven gold reserves in North America. The Company's strategy is to focus on overlooked resources, which can be quickly and cost-efficiently brought into production. The Company currently owns two mines in Southwestern Oregon, consisting of the Benton and Gold Bug mines. Production resumed in March 2007 and the Company has begun a drilling program to prove up additional reserves and enhance future production. Please visit the Company's website for additional information at: www.dutchgoldresources.com.

Certain statements in this release, and other written or oral statements made by the company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The company assumes no obligation and does not intend to update these forward-looking statements.

Contact Information

  • Contact:
    David K. Waldman / Klea K. Theoharis
    Crescendo Communications, LLC
    (212) 671-1020