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Market: TSX-V
Sector: General Mining - Gold
EPIC: GOD
Latest Price: C$0.08  (6.67% Ascending)
52-week High: C$0.19
52-week Low: C$0.06
Market Cap: C$11.15M
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Goldrush Resources
www.goldrushresources.ca

Goldrush Resources Ltd. is a  junior mineral resource exploration company. It is exploring for gold in the West African country of Burkina Faso where it holds 5 highly prospective permits covering 922 sq. km. The Company's permits are all located within the West African Birimian Greenstone Belts having a prolific history of gold production in this area of the world.

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Goldrush Resources' drill results suggest gold mineralization to the west of Ronguen deposit

2nd Dec 2010, 10:23 am

Goldrush Resources (TSX -V: GOD) said Wednesday it has intersected a "potentially signficant" drill result on the westernmost line of the G2 grid that covers the western portion of the Ronguen gold deposit in Burkina Faso, West Africa, as it suggests that gold mineralization may occur to the west of the currently drilled portion of the project.

The hole, KGRR010 - 105 returned 6.72 g/t gold over 8 metres in an altered, pyritized diorite cut by quartz veinlets, which is centred at the transition between saprolite and fresh rock at a vertical depth of 44.50 metres, the company said.

"This drill hole cut an area of mineralization that is open to the west and is on trend of a number of areas of elevated soil and rock geochemistry and artisanal mining sites that extend up to 12 kilometres to the west of the Ronguen gold deposit," it added in a statement.

Goldrush also intersected 32.95 g/t gold over 1 metre in RC hole KGR010-102, which is located on the adjoining section 40 metres to the east of hole KGRR010-105.

Further reverse circulation drilling is planned in December and January for the area to the west of hole 105, Goldrush said, and exploration will continue along the 12 kilometre trend to the west.

The company is still waiting for results from three trenches on the northeastern border of the G1 grid, as well as from a 4,000 metre RAB drilling program that tested new targets on the two permits that host the Ronguen deposit.

Goldrush was up more than 2% on Wednesday, trading at $0.23 as of 1:40pm EST.

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