Staccato Gold Resources Ltd.

Staccato Gold Resources Ltd.

March 10, 2008 11:36 ET

Staccato Gold Completes Drilling on the Evans Mine Portion of its Dixie Flats Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2008) - Staccato Gold Resources Ltd. (TSX VENTURE:CAT) is pleased to announce that it has completed a three-hole, 4,500 foot core drill program on the Evans Mine portion of its Dixie Flats project in Nevada. The Evans claims are immediately adjacent to Newmont's Emigrant Springs deposit, now under development. Newmont's mine plan contemplates the proposed pit coming right to the Evans property boundary.

Surface mapping of the Evans Mine claim block had revealed several faults and fracture zones marked by breccia, alteration, and calcite-barite veins. Samples from these zones carried geochemically anomalous gold, arsenic, and antimony. These fracture zones are parallel to and may be related to the zone that controls mineralization at the Rain Mine and Emigrant Springs. A highly altered dike, similar to those found in many of the Carlin Trend deposits, was revealed during construction of the drill access roads.

The drill holes on the Evans Mine property were designed to penetrate the potentially favorable horizons in the Nevada Group near altered structures. One of the primary targets was the Oxyoke Canyon Sandstone, a coarse, dolomitic sandstone which hosts mineralization in the Gold Bar district and has also been targeted as a petroleum reservoir in central Nevada.

Two holes were collared in the Upper Dolomite Member of the Nevada Group and the third started in the overlying Devils Gate Limestone. All three drill holes penetrated the target Oxyoke Canyon Sandstone and also tested favorable sandy beds in the upper part of the underlying Beacon Peak Dolomite.

Hole ID Depth (ft) Depth (m) Orientation
ES-1 1500 457 Vertical
ES-2 1502 457 Vertical
ES-3 1498 456 Vertical

Decalcification, iron oxide staining, and some argillic alteration were observed associated with faults, breccia zones, and dikes in all three holes. Two holes (ES-1 and ES-2) encountered highly altered igneous dykes. In all of the holes, the target Oxyoke Canyon Sandstone showed significant jasperoid type alteration. Jasperoid is often associated with Carlin type mineralization but is only occasionally ore-bearing itself.

The first two holes have been logged and samples have been submitted for assaying. Results are expected in the near future. The third hole is being logged and will be sent for assaying shortly.

Alan J. Morris, CPG and Qualified Person has approved and is responsible for the contents of this press release.

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. With approximately $12.5 million in its treasury, Staccato is very well funded to conduct its business.

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

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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