SearchGold Resources Inc.
TSX VENTURE : RSG
FRANKFURT : S10

SearchGold Resources Inc.

March 25, 2009 09:00 ET

SearchGold Reports High Grade Gold on Arae-Gassel With Results of Up to 95.33 g/t Au in Burkina Faso

MONTREAL, QUEBEC--(Marketwire - March 25, 2009) - SearchGold Resources Inc. (TSX VENTURE:RSG)(FRANKFURT:S1O) is pleased to provide additional technical details on the 400 km2 Arae-Gassel Gold Property ("Arae -Gassel") located in northern Burkina Faso, West Africa, where it has an option to acquire 100% interest from Somika SARL ("Somika").

Recent compilation has highlighted the Inata-Kerboule shear as a major regional structure over 30 km in strike length which is host to Wega Mining's 1.4 million oz Au Inata deposit(i) 15 km south of SearchGold's property. This large scale system shows subsidiary shears and the presence of intrusive rocks, two key drivers for mineralization.

The 5 km Kerboule-Yalema gold trend recognized on SearchGold's property, characteristic of such subsidiary shears structures, is here part of a typical larger scale auriferous system hosted in a classic volcano-sedimentary package with sericite, carbonate, K-feldspar and albite alteration in association with an intermediate porphyritic intrusive, as intersected in the Kerboule south drilling program.

On the Kerboule-Yalema gold trend, the high grade nature of the mineralization was confirmed with the recent sampling by SearchGold of 1 to 3 kg surface rock samples which yielded grades of 95.33 g/t Au, 8.42 g/t Au, 7.72 g/t Au and 6.15 g/t Au.

See map on this link: http://media3.marketwire.com/docs/KerbouleYalemaMap.pdf

These samples were found in sheared and fractured quartz veins showing feldspathic alteration with locally tourmaline and hydrothermal breccia textures. On occasion these quartz veins display important quantities of visible gold.

See visible gold photograph on this link: http://media3.marketwire.com/docs/Gold%20rock1.JPG

Moreover, compilation of previous RC drilling work further highlights distinctly higher grade zones as shown on the Kerboule South target:

- RCK99-86 : 24.48 g/t Au over 4 m from 42 m to 46 m,

- RCK99-05 : 18.28 g/t Au over 2 m from 6 m to 8 m.

Towards the middle of the Kerboule-Yalema trend, 2 km north of the above mineralized intercepts, on the Kerboule main target, previous RC drilling has shown:

- RCK99-28 : 29.12 g/t Au over 2 m from 86 m to 88 m,

- RCK99-20 : 17.58 g/t Au over 2 m from 54 m to 56 m.

The last systematic work on Arae-Gassel was executed by Orezone Resources Inc. in the late 1990's when gold was at US$300 an ounce. A lot of additional artisanal work has been executed since and the Kerboule-Yalema gold trend has shown to host high grade quartz veins with artisan mining producing gold consistently, year after year.

This artisan mining activity has produced significant rock exposure providing invaluable access to strategic geological information. The next phase of work will integrate the historical data to the improved geological interpretation rendered possible by this recent exposure. A field mission is currently in progress by SearchGold to execute detailed mapping and further sampling of the Kerboule-Yalema gold trend.

Sample Analysis

Preliminary sampling by SearchGold consisted in 1 to 3 kg surface rock samples taken with a geological hammer. The samples are shipped to the Abilab laboratory in Ougadougou, Burkina Faso, for analysis by bottle roll cyanidation on pulp samples. The sample preparation and analytical procedure involves drying and pulverizing the entire sample followed by quartering to obtain a representative 1 kg sample which undergoes bottle roll cyanidation for 24 hours. A fire assay is executed on the pulp tailings when values greater than 0.1 g/t Au (100 ppb) are recorded from bottle roll cyanidation, and the head grade recalculated accordingly.

The compilation and sampling is carried out under the supervision of Moussa Keita, P. Geol. and SearchGold's Vice-President Exploration. Philippe Giaro, P. Geol., President and CEO of SearchGold Resources Inc. and Qualified Person for SearchGold, has reviewed and approved the content of this release.

(i)(5.2 million tonnes @ 2.3 g/t Au for 378,480 ounces of Measured Resources and 19.8 million tonnes @ 1.6 g/t Au for 1,018,450 ounces of Indicated Resources)

About SearchGold Resources Inc.

SearchGold Resources is a Canadian-based mining company primarily focussed on gold deposits in Africa. Shares of SearchGold Resources Inc. are listed for trading on the TSX Venture Exchange as "RSG"; and the Frankfurt Stock Exchange as "S1O".

If you would like to receive press releases via e-mail please contact: info@searchgold.ca.

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

Contact Information

  • SearchGold Resources Inc.
    Philippe Giaro, President & CEO
    32-473-52-30-29
    phgiaro@skynet.be
    or
    CHF Investor Relations
    Alison Tullis, Senior Account Manager
    1-416-868-1079 ext. 233
    alison@chfir.com
    or
    SearchGold Resources Inc.
    Denis Tremblay, Vice-President
    1-514-866-4224
    info@searchgold.ca