SearchGold Resources Inc.

SearchGold Resources Inc.

September 04, 2007 15:54 ET

Searchgold Grants Stock Options

MONTREAL, QUEBEC--(Marketwire - Sept. 4, 2007) - SearchGold's (TSX VENTURE:RSG)(FRANKFURT:S1O) board of directors approved today the grant of 1,900,000 stock options to officers and directors of the Company. The exercise price is fixed at $ 0.15 per option and are valid until September 4, 2012. These options are subject to a 4-month minimum hold period.

Also the Company announces the resignation of Maurice Giroux as director. The board of directors wishes to thank Mr. Giroux for his involvment in the development of SearchGold over the years and wishes him success in his new endeavours.

About SearchGold Resources Inc.

SearchGold Resources is a Canadian-based mining exploration company whose primary mission is to target, explore and develop gold and diamond deposits in Africa and in Canada. The Company is aggressively pursuing the development of its three most advanced gold projects with drill programs initiated in November 2006. The expansion strategy executed in 2006 has set the stage for the Company's development in 2007 as this new year will see increased activity on the new blue-sky properties and the advanced projects as well as some potential acquisitions.

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

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