Goldrea Receives Financing Offer-Correction

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 26, 2011) - Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) ("Goldrea" or the "Company") advises that its financing offer news release dated January 26, 2011 contained the following statement:

Larry W. Reaugh, President and Chief Executive Officer of Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) ("Goldrea" or the "Company") is pleased to announce the Company has received the "Binding Letter of Contract Offer" from APEX International Investment Group Ltd., on behalf of Ryhat Inc. International Finance Luxembourg for an investment loan of $16,500.00(US) subject to terms set out in their offer.

The news release should have read as follows:

Larry W. Reaugh, President and Chief Executive Officer of Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) ("Goldrea" or the "Company") is pleased to announce the Company has received the "Binding Letter of Contract Offer" from APEX International Investment Group Ltd., on behalf of Ryhat Inc. International Finance Luxembourg for an investment loan of $16,500,000(US) subject to terms set out in their offer.

The company regrets any inconvenience the above error may have caused.

About Goldrea Resources Corp.:

Goldrea Resources Corp. is a mineral exploration and development company that is engaged in the acquisition, exploration and development of mineral properties in North American and China.

GOLDREA RESOURCES CORP.

Larry W. Reaugh, President and Chief Executive Officer

This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.