Goldrush Resources Ltd.

Goldrush Resources Ltd.

September 07, 2011 07:00 ET

Goldrush Discovers Two Gold Anomalies on Pompoi Permit, Adjacent to Roxgold Yaramoko Permit in Burkina Faso, West Africa

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - Goldrush Resources Ltd. (TSX VENTURE:GOD)(OTCQX:GDRRF)(PINK SHEETS:GDRRF) ("Goldrush" or the "Company") announces the discovery of two gold anomalies and values of up to 983 ppb (0.983 g/t Au) in its initial reconnaissance soil sampling on two grids of the Company's recently acquired Pompoi permit. One anomaly extends to and is open at the Yaramoko permit boundary of Roxgold Inc., and the other is within two kilometers of the Yaramoko permit.

Assays received to date partly define two areas of >13 ppb gold and contain 11 and eight anomalous values respectively, with individual high values up to 504 and 209 ppb gold: (i) in the southwest corner of the permit and (ii) in the northwest to north central area of the permit. The southwest anomaly can be traced over a north-south distance of 1,600 metres and an east-west distance of 1,400 metres to the Roxgold Yaramoko permit boundary. The northwest anomaly spans a north-south distance of 2,000 metres and an east-west distance of 1,400 metres, and appears to be orientated in a north-south direction, although closer spaced data will be required to better define the orientations of the clusters of anomalous values. In addition, on this reconnaissance scale (400 by 200 metre sampling), eight anomalies of two contiguous samples, which could represent areas of elevated bedrock gold mineralization with strike lengths of up to 800 metres, have been documented.

Pompoi is contiguous with the eastern border of the Yaramoko permit held by Roxgold Inc. and Riverstone Resources Inc. According to a Roxgold news release dated April 8, 2011, reverse circulation ("RC") drilling at the Bagassi Central site, approximately one kilometre from the western Pompoi permit boundary, produced gold intersections of 24.62 g/t Au over 6 metres in hole YMR-10-RC-036, and 28.61 g/t Au over 20 metres and 4.88 g/t Au over 11 metres in hole YMR-11-RC-055. Roxgold is currently conducting a core drilling program to confirm and extend these significant high grade results.

An exerpt from a July 2010 Technical Report on the Yaramoko Permit provided on the Roxgold website describes the mineralization on the Yaramoko permit as a series of subparallel quartz veins hosted in northwest trending shears. A granodioritic to tonalitic body has intruded the volcanic country rocks and the resulting veins and shears related to this event cut both the volcanics and the intrusive on its eastern flank. Artisanal workings generally line up along this south southeast trending shearing, with these activities being conducted at a high angle to the shear. An interpretation of this description suggests that the mineralized structures may trend easterly onto the Pompoi permit.

In addition to the extensions of the easterly trending structures noted at the Bagassi Central target on the Yaramoko permit, an interpretation of the regional airborne magnetometer survey which covers the Pompoi permit suggests the occurrence of northeast trending faults and/or shear zones and folding (in the northern parts of the permit) that is similar to that seen at Semafo Inc.'s Mana Mine.

The Goldrush geochemical sampling program involved sampling at 200 metre intervals along east–west lines that were spaced 400 metres apart, and has covered only 30 percent of the permit. Soil sampling was conducted from the western and southern borders of the permit inward for approximately three kilometres east and north toward the centre of the permit. Of 894 soil samples submitted for assaying, 59 returned values of >13 ppb Au and of those, 23 had values of >21 ppb Au. A total of 50 control samples including 35 blanks and 15 standards were been inserted in the sample stream for quality control. A map showing the soil sampling results is available at

A program to follow-up and extend these significant results is planned, including more detailed soil sampling, mapping and geophysics, and will be initiated as soon as possible.

Mr. Driffield Cameron, P. Geo., Vice President, Exploration 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.

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 (inferred resource of 5.9 million tones at a grade of 1.31 g/t Au) Ronguen gold deposit in Burkina Faso.

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

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

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