Goldrush Resources Ltd.
TSX VENTURE : GOD

Goldrush Resources Ltd.

September 16, 2010 09:00 ET

Goldrush Announces Start of Phase 2-2010 Reverse Circulation Drilling Program to Expand Ronguen Gold Deposit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2010) - Goldrush Resources Ltd. (TSX VENTURE:GOD) (Goldrush or the "Company") President & CEO Len Brownlie, Ph.D is pleased to announce that Phase 2 of the 2010 drilling and trenching program on the Company's Ronguen Gold Deposit in Burkina Faso, West Africa, has begun. The Phase 2 program will consist of 36 reverse circulation ("RC") drill holes totaling 3,206 linear metres and 3 trenches totaling 360 linear metres.

Phase 2 of the current program has four principal objectives:

  1. To continue testing the Ronguen Main Zone for gold mineralization below 80 vertical metres from surface to a maximum of 100 metres vertical depth with nine deep RC holes on nine drill fences. In phase 1 of the program significant gold mineralization was obtained up to 160 metres vertical depth below surface from samples taken by core drilling on 11 of the 12 drill fences tested.
  2. To test for extension of the Ronguen Main Zone along strike to the west with three RC holes totaling 210 linear metres on Line 20 W.
  3. To infill several inadequately defined areas in the Ronguen Main Zone with 15 RC holes totaling 1,032 linear metres and three trenches totaling 360 metres. This part of the program is also designed to allow upgrading of certain sections of the deposit from the inferred resource category to the indicated resource category.
  4. To test the undrilled Ronguen South Zone for mineralization to depths of 40 metres vertical from surface with six RC holes totaling 480 linear metres. During previous exploration programs six trenches totaling 475 linear metres were completed in the South Zone, with all trenches containing gold mineralization. Assay highlights from the existing South Zone trenches include:
    1. 2.19 gpt gold over 15.5 m and 1.34 gpt gold over 10.0 m in KGRTR08-570E;
    2. 5.76 gpt gold over 2.0 m in trench KGRTR08-530E; and
    3. 4.23 gpt gold over 2.0 m in KGRTR08-510E.

Company geologists consider the Ronguen South Zone to have similar potential as the Main Zone to host significant gold mineralization. In early 2008 SRK Consulting (Canada) completed an NI 43-101 qualified resource estimate for the Ronguen Main Zone of 5.90 million tonnes containing 249,000 inferred ounces of gold at an average grade of 1.3 g Au/t (Source: Goldrush news release, April 29, 2008).

The phase 2 program will be completed by the end of October 2010 and assay results from samples taken from drilling and trenching will be reported as they are received.

Quality Assurance/Quality Control

Mr. Driffield Cameron, P. Geo., Director of Goldrush, is the Qualified Person for this press release for the purposes of National Instrument 43-101 and has reviewed the technical information herein.

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

ON BEHALF OF THE BOARD OF DIRECTORS,

GOLDRUSH RESOURCES LTD.

Len Brownlie – President and Chief Executive Officer

About Goldrush: Goldrush is a mineral exploration company focused on gold exploration in West Africa.

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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