Dutch Gold Resources Reports Initial Gold Sales
Tuesday April 3, 7:30 am ET
Company Successfully Ships in Excess of 800 Ounces in March
ATLANTA, GA--(MARKET WIRE)--Apr 3, 2007 -- Dutch Gold Resources, Inc. (Other OTC:DGRI.PK - News) (the "Company"), a developer and operator of proven gold mines and a regional mill in North America, today announced that it has commenced its first regular shipping of gold concentrate.
The Company recently announced the successful upgrading of their mill in Grants Pass, Oregon, the only commercial mill in the area, resulting in a 175% increase in capacity. Utilizing the newly upgraded mill, the Company successfully completed three shipments during the month of March.
Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "We're pleased to have commenced regular gold shipments. This inflection point marks the Company's successful transition from a testing phase to a production stage. Beginning in April, we expect to increase our output to average four shipments per month leveraging our recently upgraded mill infrastructure and higher output capacity for second quarter."
"Our initial assays indicate production for the three week milling period of at least 800 ounces of gold," reported Patrick Engel, General Manager. "Our mining and milling teams are doing a great job working in unison to bring the ore from the ground. Their hard work is enabling us to utilize more of our increased mill capacity while increasing the amount of concentrate we are able to ship."
First Dutch Gold Dore Bar
