SOURCE: Dutch Gold Resources, Inc.

April 03, 2007 07:30 ET

Dutch Gold Resources Reports Initial Gold Sales

Company Successfully Ships in Excess of 800 Ounces in March

ATLANTA, GA -- (MARKET WIRE) -- April 3, 2007 -- Dutch Gold Resources, Inc. (PINKSHEETS: DGRI) (the "Company"), a developer and operator of proven gold mines and a regional mill in North America, today announced that it has commenced its first regular shipping of gold concentrate.

The Company recently announced the successful upgrading of their mill in Grants Pass, Oregon, the only commercial mill in the area, resulting in a 175% increase in capacity. Utilizing the newly upgraded mill, the Company successfully completed three shipments during the month of March.

Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "We're pleased to have commenced regular gold shipments. This inflection point marks the Company's successful transition from a testing phase to a production stage. Beginning in April, we expect to increase our output to average four shipments per month leveraging our recently upgraded mill infrastructure and higher output capacity for second quarter."

"Our initial assays indicate production for the three week milling period of at least 800 ounces of gold," reported Patrick Engel, General Manager. "Our mining and milling teams are doing a great job working in unison to bring the ore from the ground. Their hard work is enabling us to utilize more of our increased mill capacity while increasing the amount of concentrate we are able to ship."

Additional information about the company is available 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
    Crescendo Communications, LLC
    (212) 671-1020 x101