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DKGR - Letter to the Shareholders of Drake Gold Resources, Inc.
Wednesday September 13, 6:00 pm ET


CENTURY CITY, CA--(MARKET WIRE)--Sep 13, 2006 -- Drake Gold Resources, Inc. (Other OTC:DKGR.PK - News)




To the shareholders of Drake Gold Resources:

As interim CEO and President, it is with great enthusiasm that I update the shareholders of Drake Gold Resources, Inc. First, let me express my continued optimism for the future of the company. This optimism includes current developments as well as additional opportunities that present themselves on a constant basis.

As part of my effort to keep the investment community informed, Drake is implementing a plan to incorporate a high level of transparency into its operations and finances. DKGR's status as a "pinksheet" stock can create a level of apprehension. This is why Drake's goal is to provide shareholders with the information they deserve.

In keeping with this renewed effort, Drake will release the complete current share structure on Friday and will update its website with any future changes in share structure. Any updates will be posted immediately to keep you informed. In addition, on Friday Drake will release the details of its condition, operations and strategic plans as a junior mining company.

As a shareholder myself, I encourage other shareholders to express their points of view to the management team as we are building this company for mutual benefit. I am posting my personal cell phone number here so that you may contact me directly at anytime.

Clayton Smith
Cell: 310-728-9445
Email: [e-mail]
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.



Contact:
Contact:
Drake Gold Resources, Inc.
Investor Relations Hotline
1-888-601-9983

Drake Gold Resources, Inc.
Corporate Office
[phone]
[e-mail]
[e-mail]
http://www.drakegold.com



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Source: Drake Gold Resources, Inc.