Staccato Gold Resources Ltd.

Staccato Gold Resources Ltd.

January 24, 2008 08:30 ET

Staccato Consolidates Ownership of Its Nevada Projects

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - Staccato Gold Resources Ltd. (TSX VENTURE:CAT) is pleased to announce that it has eliminated the net profit interest on its wholly-owned Long Peak property, and acquired a 100% interest in its Cobb Creek property.

Staccato has purchased a 15% net proceeds royalty on its Long Peak property which was held by Uranium Power Corp. in consideration of 100,000 shares in the Company's capital stock. In addition, Uranium Power has assigned its 50% interest in the Cobb Creek mineral claims to Staccato.

The transaction is subject to acceptance by the TSX Venture Exchange.

On behalf of the Board of Directors


Grant Ewing, CEO and Director

About Staccato Gold Resources Ltd: Staccato Gold is a junior gold exploration company with resources and advanced stage exploration assets located exclusively in Nevada. The Company has assembled a portfolio of five highly prospective gold prospects in the dominant gold trends in Nevada.

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

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