December 17, 2013, Vancouver, B.C. – Gold Reach Resources Ltd. (“Company”) (GRV – TSXV) is pleased to announce it has signed a Communications & Engagement Agreement (“CEA”) with the Office of the Wet’suwet’en (“OW”).
The Office of the Wet’suwet’en, located in Smithers, B.C. represents the title, rights and interests of the five Wet’suwet’en hereditary clans over 22,000 km2 of traditional territories. Gold Reach’s Ootsa Project is located on territory claimed by the Gilseyhyy (Yextsowit’en). The CEA is renewable annually and sets forth the respective parties commitment to communicate and engage with each other to develop a respectful, mutually beneficial working relationship with respect to the exploration and development of the Ootsa Project.
Dr. Shane Ebert, President of Gold Reach stated, “we are very pleased to have successfully completed this agreement with the Office of the Wet’suwet’en and we look forward to continued cooperation and collaboration with their members. Gold Reach is committed to explore for resources at the Ootsa project in a responsible manner and for the benefit of all stake holders, and the company will continue to engage and reach out to First Nations groups as the project advances.”
The 2013 Drilling Program Has Been Completed
The 2013 drill program at the Ootsa Project has been completed as scheduled and the drills have been demobilized from the project. During 2013 the company drilled 36,135 metres of core in 147 holes, completed 60 line kilometres of induced polarization geophysics, and collected 1330 new soil samples.
Assay results for the final 35 drill holes from the 2013 program are still pending and should be received and released over the next several weeks.
About Gold Reach Resources
The Ootsa property is an advanced stage exploration project containing the Seel and Ox porphyry systems both with compliant resource estimates open for expansion. The Company has completed 134,878 metres of core drilling on the property to date, with 36,135 meters completed during 2013. An updated resource for the Ox deposit is expected shortly and an updated resource on the Seel deposit is expected in the first quarter of 2014.
Dr. Shane Ebert P.Geo., President of the Company, is the Qualified Person for the Ootsa project as defined by National Instrument 43-101 and has approved the technical disclosure contained in this news release.
Shane Ebert, President/Director
For Further information, please contact:
S. Ebert direct line: 250 964-2699
Toll Free: 888-500-4587
B&D Capital Partners
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 event management’s beliefs, estimates obligations or other factors should change.