Goldrush Resources Ltd.

Goldrush Resources Ltd.

July 12, 2011 07:00 ET

Goldrush Announces Appointment of Mr. Driffield Cameron, P.Geo as Vice President, Exploration

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2011) - Goldrush Resources Ltd. (TSX VENTURE:GOD)(OTCQX:GDRRF) (Goldrush or the "Company") President and CEO Len Brownlie, Ph.D is pleased to announce the appointment of Mr. Driffield Cameron, P.Geo to the position of Vice President, Exploration for the Company on a full-time basis effective July 1, 2011. Mr. Cameron will lead Goldrush's highly experienced exploration team that includes newly appointed Burkina Faso based Chief Geologist John Learn, four other full-time geologists and a staff of 16 Burkina Faso based employees. The Team's mandate will be to accelerate development of the Company's flagship Ronguen gold deposit, to advance Goldrush's other exploration properties and to acquire additional advanced-stage exploration properties in West Africa. Mr. Cameron will be based at the Company's Toronto office at Suite 5600, 100 King Street West, Toronto, Ontario.

Mr. Cameron graduated with a B.Sc. in Geology from Acadia University, Wolfville, Nova Scotia in 1971, and is a member of the Association of Professional Geoscientists of Ontario, a fellow of the Society of Economic Geologists and a fellow of the Geological Association of Canada. Mr. Cameron has 40 years of Canadian and international experience in mining exploration for gold and base metals with ASARCO Exploration Company of Canada Limited, Gold Fields Canadian Mining Limited, Geologic Associates and High River Gold Mines Ltd. Mr. Cameron played a leadership role in the teams responsible for the exploration and discovery of High River's Taparko gold deposit in Burkina Faso, the Dunlop #3 gold deposit of the New Britannia Mine in Manitoba and the Springpole gold deposit in Ontario. He was a member of the team which advanced High River's Bissa gold deposit and the Goldrush Ronguen gold deposit, both in Burkina Faso, and also directed the exploration for the rejuvenation and expansion of the Detour gold deposit in Ontario prior to its acquisition by Detour Gold Corporation.

Commenting on Mr. Cameron's appointment, Len Brownlie, President and CEO of Goldrush said: "With an exploration focussed company like Goldrush, it is the quality of the exploration staff that will determine the success of the Company. Driff Cameron has acted as an advisor and director of Goldrush since its introduction to Burkina Faso in 2006, and has been involved in exploration in that country for over 15 years. With the recent completion of a $3.4 million financing and the expansion of our geological staff, we are very excited to have an individual with Driff's experience and professionalism take full-time control of our exploration team. Given the combined track record of gold deposit discoveries made by Driff and members of his team, we look forward to a very exciting future for Goldrush and its shareholders."

For further information on Goldrush Resources Ltd., shareholders and other interested parties are invited to visit the Company's website at



Len Brownlie, President and Chief Executive Officer

About Goldrush: Goldrush is a Canadian mineral exploration company which has successfully focused on gold exploration in West Africa, where the company has discovered, and is currently expanding and defining the 249,000 ounce Ronguen gold deposit in Burkina Faso.

FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Except for statements of historical fact relating to the company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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