Goldrush Resources Ltd.
TSX VENTURE : GOD

Goldrush Resources Ltd.

September 05, 2007 06:00 ET

Goldrush Drilling Continues to Extend the Ronguen Gold Discovery

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 5, 2007) - Goldrush Resources Ltd. (TSX VENTURE:GOD) ("Goldrush" or the "Company") reports further positive results from holes 21 to 39 of a 59 hole follow-up reverse circulation ("RC") drilling program and from one core hole on its Ronguen gold project in Burkina Faso, West Africa.

Assay highlights include:

- 3.42 g/t Au over 9 metres and 2.28 g/t Au over 9 metres

- 2.20 g/t Au over 12 metres and 1.09 g/t Au over 14 metres

- 1.65 g/t Au over 17 metres

- 4.73 g/t Au over 5 metres

- 1.08 g/t Au over 22 metres

- 1.08 g/t Au over 20 metres

- 1.59 g/t Au over 13 metres

Len Brownlie Ph.D, President and CEO of Goldrush, commented, "This second set of drill results from the current program has extended the mineralized trend to over 800 metres in length and over 70 metres in depth. We are working to define a strike length of over 1,600 metres to the recently discovered South Zone and to develop Ronguen as a flagship project for Goldrush. Ronguen is strategically located only six kilometres from the advanced Bissa project of High River Gold Mines, with which Goldrush has a strategic alliance which provides the company with preferred access to a mill built for Bissa. This would significantly reduce the capital costs of developing an open pit deposit at Ronguen and decrease the time required to bring any deposit into production."

Ronguen is located on the Kongoussi 1 permit, six kilometres northwest of High River Gold Mines Ltd.'s (TSX:HRG) ("High River") Bissa Project where High River has defined a mineral resource in excess of 1.3 million ounces of gold (81,980 measured ounces of gold (753,000 tonnes averaging 3.39 g Au/t); 580,270 indicated ounces of gold (11,253,000 tonnes averaging 1.60 g Au/t) and 679,470 inferred ounces of gold (16,394,000 tonnes averaging 1.29 g Au/t)) (see High River news release dated July 12, 2007) (Readers are cautioned that the above information is not necessarily indicative that gold mineralization present on the Bissa property continues into Kongoussi 1).

RC drill results have been received from the first 32 holes of a 59 hole definition drill program designed to confirm the mineralization and its intensity, subsequently leading to an independent resource calculation. The first hole in this program was numbered "8", as the first seven RC holes at Ronguen were drilled in 2006. Assay results for the first 12 holes (holes 8 through 19) were released on August 7, 2007.

The program also included 288.5 metres of core drilling in two holes to ascertain the geological and structural setting of the gold mineralization and to collect preliminary geotechnical information. Core hole KGRC07-001, located on line number L180E intersected a brittle ductile deformation zone in the metasediments which graded 1.08 g/t Au over 20.15 metres. Assays from the second core hole have not yet been received.

The RC drilling program was designed to test the continuity of the Main Zone from the westernmost RAB fence on line number L480W for approximately 900 metres easterly to the location of RC hole KGRR06-002. With the success of trenching which returned 31.5 metres grading 1.38 g/t Au above a RAB hole which returned 18 metres of 1.71 g/t Au, the South Zone was confirmed and 2,300 metres of RC drilling was added to the program to test the additional 700 metres of strike length.

All RC holes were spotted on sections no farther apart than 80 metres. Two RC holes were spotted on each section in the new eastern portion of the 1,600 metre length, and three holes were collared on the western section to intersect gold mineralization at -15, -30 and -45 metres. Significant assay results from RC holes 21 to 39 are as follows:



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HOLE ID x-utm y-utm Sampling Interval Length Average gold
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from (m) to (m) (m) Grade (g/t)
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KGRC07-001 (core) 655287 1466334 66.05 86.20 20.15 1.08
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KGRR07-021 655446 1466303 41 43 2 2.01
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KGRR07-022 655453 1466323 25 36 11 0.89
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KGRR07-024 655517 1466282 23 26 3 0.77
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and 29 35 6 0.68
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and 42 48 6 0.76
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KGRR07-025 655527 1466305 5 27 22 1.08
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and 31 35 4 0.69
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KGRR07-026 655605 1466271 33 35 2 1.54
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and 43 61 18 0.84
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KGRR07-027 655614 1466294 22 35 13 1.59
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and 44 49 5 1.22
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and 58 59 1 2.03
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KGRR07-028 655621 1466318 20 22 2 1.62
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and 30 33 3 0.88
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KGRR07-029 655643 1466263 41 44 3 0.97
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KGRR07-030 655652 1466286 19 25 6 1.67
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KGRR07-031 655661 1466309 5 8 3 1.23
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and 14 15 1 1.08
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and 44 50 6 2.75
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KGRR07-032 655672 1466334 1 3 2 0.86
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and 10 15 5 1.02
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and 18 21 3 0.63
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KGRR07-034 655750 1466312 64 65 1 1.27
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KGRR07-035 655755 1466336 11 20 9 3.42
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and 26 35 9 2.28
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KGRR07-036 655779 1466274 46 47 1 2.32
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72 82 10 1.43
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KGRR07-037 655789 1466297 46 63 17 1.65
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and 66 67 1 1.03
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and 84 85 1 1.11
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KGRR07-038 655796 1466321 27 32 5 4.73
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and 40 42 2 1.46
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KGRR07-039 655852 1466247 14 15 1 1.12
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and 49 61 12 2.20
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and 78 92 14 1.09
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Except for hole 39, where assays are pending for 2 holes on the fence, true widths are 90-95% of drill intervals. The dip of the gold mineralization, based on several 3-hole fences is generally 45 degrees to the south, locally 60 degrees south. A surface plan showing the drill hole locations and orientations is available at www.goldrushresources.ca.

Current Exploration Status and Future Exploration Plans

All 59 RC holes were completed by August 21 and assays have been received for the first 32. Further assay results will be published once received.

Once all results have been received and interpreted, management plans to conduct further core drilling to determine the depth of the gold zone and contract an independent consultancy to provide a preliminary resource estimate for the project.

Prior Drill Program Results

Since initiating exploration at Ronguen in early 2006, Goldrush has completed over 11,000 metres of RAB and RC drilling and has partly defined three zones of gold mineralization - the Main, Artisanal and South Zones (See Goldrush news releases dated August 31, 2006, January 22, April 11, June 18 and August 7, 2007 for complete assay results).

Assay highlights from the first 12 RC holes of the current program announced on August 7, 2007 include:

- 7.41 g/t Au over 15.0 metres

- 1.61 g/t Au over 23.0 metres

- 1.63 g/t Au over 20.0 metres

- 3.89 g/t Au over 8.0 metres

- 1.46 g/t Au over 14.0 metres

Quality Assurance and Quality Control

Goldrush follows a strict sampling and QA-QC protocol. Details of this program for RAB and RC drilling are provided in Goldrush news releases dated September 19 and August 31, 2006. Current assays were provided by an accredited assay laboratory, Abilab Laboratories in Ouagadougou, Burkina Faso. Mr. Driffield Cameron, P. Geo., Director of Goldrush, is the Qualified Person for this press release for the purposes of National Instrument 43-101.

About Goldrush: Goldrush is a mineral exploration company focused on gold exploration in Burkina Faso, West Africa with an established organization of people and projects to enable aggressive growth. Through a strategic partnership with High River Gold Mines Ltd. Goldrush has the ability to access High River's processing facilities and infrastructure without incurring all the capital costs associated with developing a standalone mine, thereby enhancing the economics of gold deposits within trucking distance of the processing facility.

For further information on Goldrush Resources Ltd., shareholders 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

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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