[Marinir] {Disarmed} Gold Reach (GRV: TSX-V) Announces 400% Increase in Copper, Gold, Molybdenum and Silver at Seel Deposit

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http://www.goldreachresources.com 

GOLD REACH (GRV) ANNOUNCES A 400% INCREASE IN COPPER, GOLD, MOLYBDENUM, 
AND SILVER AT THE SEEL DEPOSIT, BRITISH COLUMBIA 

New resource at Seel contains 805 million lbs. of Cu inferred plus 136 
million lbs. of Cu indicated, 897,694 ounces of Au inferred plus 189,924 
ounces of Au indicated, and 15 million ounces of Ag inferred plus 1 
million ounces of Ag indicated 

Gold Reach Resources Ltd. ( GRV 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=GRV&region=C&lookup=symbol&snapshot=default 

: TSX-V) (Gold Reach and/or the Company) is pleased to announce an 
updated resource estimate for the Seel deposit on the company's 100% 
owned Ootsa property, British Columbia. 

The new independent mineral resource estimate study was conducted by 
Giroux Consultants Ltd. and follows up an initial mineral resource 
estimate on Seel completed by Wardrop Engineering in 2008. The new 
resource is based on 28,294 meters of drilling in 100 holes and was 
completed in accordance with Canadian Securities Administrators National 
Instrument 43-101 ("NI 43-101") and the CIM Standards on Mineral 
Resources and Reserves, and has an effective date of December 8, 2011 . 

Results of the new resource estimate are summarized in the tables below. 
At a 0.2% Cu Eq cut off the Seel deposit contains an indicated resource 
of 28.13 million tonnes grading 0.22% Cu, 0.21 g/t Au, 0.007% Mo and 1.1 
g/t Ag (0.40% Cu Eq) plus an inferred resource of 214.78 million tonnes 
grading 0.17% Cu, 0.13 g/t Au, 0.017% Mo, and 2.17 g/t Ag (0.33% Cu Eq). 
The majority of the resource sits in the inferred category reflecting 
the widely spaced nature of the deep drilling and step out holes 
complete during the 2011 drill program. 

Indicated Resource Within the Mineralized Solids 

Cut-off 

(CuEq) Tonnes Grade > Cut-off 

Cu (%) Au (g/t) Mo (%) Ag (g/t) CuEq (%) 

0.10 34,250,000 0.20 0.18 0.007 1.04 0.36 

0.20 28,130,000 0.22 0.21 0.007 1.10 0.40 

0.25 21,020,000 0.26 0.25 0.005 1.22 0.46 

0.30 16,460,000 0.29 0.28 0.003 1.33 0.51 

0.40 11,190,000 0.34 0.34 0.001 1.42 0.59 

0.50 7,240,000 0.38 0.39 0.001 1.42 0.67 

CuEq = Copper equivalent. Metal price and recover y assumptions are 
discussed below. 

Cut-off 

(CuEq) 

Tonnes Grade > Cut-off 

Cu (%) 

Au (g/t) 

Mo (%) 

Ag (g/t) 

CuEq (%) 

0.10 

260,890,000 

0.15 

0.12 

0.015 

1.98 

0.30 

0.20 

214,780,000 

0.17 

0.13 

0.017 

2.17 

0.33 

0.25 

159,320,000 

0.19 

0.14 

0.018 

2.52 

0.37 

0.30 

116,380,000 

0.21 

0.15 

0.019 

2.84 

0.41 

0.40 

53,490,000 

0.24 

0.18 

0.023 

3.28 

0.48 

0.50 

13,580,000 

0.29 

0.22 

0.029 

3.91 

0.58 

Mineral resources are not mineral reserves and by definition do not 
demonstrate economic viability. There is no certainty that all or any 
part of the mineral resource will be converted into mineral reserves. An 
'Indicated Mineral Resource' is that part of a Mineral Resource for 
which quantity, grade or quality, densities, shape and physical 
characteristics can be estimated with a level of confidence sufficient 
to allow the appropriate application of technical and economic 
parameters, to support mine planning and evaluation of the economic 
viability of the deposit. An 'Inferred Mineral Resource' is that part of 
a Mineral Resource for which quantity and grade or quality can be 
estimated on the basis of geological evidence and limited sampling and 
reasonably assumed, but not verified. 

The contained metals at a 0.2% Cu Eq cut are summarized in the table 
below. 

Contained metals at 0.2% Cu Eq cut off 

Element Contained metal 

Copper - indicated 136,435,275 pounds 

Copper - inferred 804,965,039 pounds 

Gold - indicated 189,924 ounces 

Gold - inferred 897,694 ounces 

Molybdenum - indicated 4,341,122 pounds 

Molybdenum - inferred 80,496,504 pounds 

Silver - indicated 994,841 ounces 

Silver - inferred 14,984,582 ounces 

Cu Eq - indicated 248,064,137 pounds 

Cu Eq - inferred 1,562,579,193 pounds 

Dr. Shane Ebert , President of the company stated, "We are extremely 
pleased with the new Seel resource which has grown by 400% and contains 
over 4 times more contained metal than the previous estimate. The 
project occurs within an established mining district, with good road 
access, and is showing excellent potential to contain the size and grade 
necessary to support a standalone mining operation. The recently 
discovered West Seel deposit has returned impressive mineralized 
intercepts including 566.7 metres grading 0.54% Cu Eq in hole 100, the 
last hole drilled during the 2011 program. This zone remains wide open 
for expansion to the west, north, south, and at depth, and in 2012 we 
will look to significantly increase the tonnage in this area with an 
aggressive drilling program. At West Seel we see a trend of increasing 
grade at depth, and we are planning a few deep holes into the zone this 
year to see if that trend continues." 

In addition to the Seel deposit the property also hosts the Ox porphyry, 
located 3.2 km north of Seel, which hosts a 43-101 compliant resource 
estimate containing 16 million tonnes grading 0.3% Cu and 0.04% Mo. The 
Ox porphyry also shows good potential for expansion and will be drill 
tested in 2011. 

The company is planning a substantial exploration program for the Ootsa 
project this year, which will including a minimum of 10,000 metres of 
diamond drilling. Permitting for this program is already in place and 
the company will look to secure financing shorty. 

Resource Details 

The resource estimation was carried out by Giroux Consultants Ltd of 
Vancouver , British Columbia and Independent Qualified Person Gary 
Giroux , P.Eng is responsible for the estimate. Surface mapping and 
drill hole geology at the Seel deposit was used to establish geologic 
continuity of the mineralized zones and formed the basis for modelling. 
Geologic modeling was done using GemCom software and mineralized domains 
(solids) have been defined based on alteration type and grades > 0.15 % 
CuEq. Four domains were defined consisting of the West Seel zone, the 
main Seel zone, the Seel Breccia, and a small Northeast zone. All assays 
outside the solids were considered waste. 

Uniform down hole 5 m composites were formed from the drill data and a 
block model with blocks 10 x 10 x 5 m in dimension was superimposed over 
all of the mineralized solids. Grades for Cu, Au, Mo and Ag were 
interpolated into each block by Ordinary Kriging. Due to the poly 
metallic nature of the Seel deposit a copper equivalent based cut off 
was used for modelling. Copper equivalent values were calculated using 3 
year trailing average metal prices for Cu, Au and Ag ( $3.15 lb copper, 
$1205 ounce Au, $22.18 ounce Ag) and a price of $12 lb for Mo. 
Recoveries used were obtained from previous metallurgical testing done 
on the property (96% recovery for Cu, 87% recover for Au, 86% recovery 
for Ag, and 87% recovery for Mo). 

A Technical Report describing the resource estimate is expected to be 
filed on SEDAR within 45 days. 

About Gold Reach Resources Ltd. 

Gold Reach Resources Ltd. is a Canadian exploration company with an 
experienced board and management team that is actively involved in 
mineral exploration in British Columbia. The company holds a 100% 
interest in the Ootsa Property, located 8 km from the producing 
Huckleberry Mine, and containing the Seel and Ox porphyry systems. The 
company also holds a 100% interest in the Auro property located in 
central British Columbia adjacent to the 4.8 million ounce Blackwater 
Gold deposit owned by New Gold. Additional information is available on 
our website at www.goldreachresources.com 

http://www.goldreachresources.com 

. 

Dr. Shane Ebert , P. Geo. is the Qualified Person responsible for the 
preparation of this news release. Gary Giroux , P.Eng of Giroux 
Consultants Ltd has reviewed the portion of this news release pertaining 
to the resource estimate. 

" Shane Ebert " 

Shane Ebert , President/Director 

Neither the 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. 

Safe Harbour Statement: The Company relies upon litigation protection 
for "forward-looking statements." The Company undertakes no obligation 
to update these forward-looking statements in the management's beliefs, 
estimates or obligations should other factors change. 

For further information: 

Telephone: 604-718-5454 

S. Ebert direct line: 250 964-2699 

Toll Free: 888-500-4587 

Or 

Jay Bedard 

Envoy Strategic Partners 

416-977-7778 

j ay at envoystrategicpartners.com 

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