Stock Alerts

[$tock Rev]

News for 'DGRI' - (Dutch Gold Resources Announces Drilling Plans for Aultra Gold, Inc. Montana Projects, Progress on NI 43-101 Report)


ATLANTA, GA, Aug 27, 2009 (MARKETWIRE via COMTEX) -- Dutch Gold Resources, Inc.
(PINKSHEETS: DGRI) today outlined its near term plans for the initial
development of the Montana and Nevada projects of the Aultra Gold, Inc
transaction.

Daniel Hollis, CEO of Dutch Gold Resources, stated, "After the closing in
September of the Aultra Gold transaction, we expect to commence a bulk sampling
program at the Basin Gulch project upon regulatory approval. We expect to
receive the NI 43-101 compliant reserve report within the next three weeks and
believe that it will be instructional as to additional drilling targets."

Said Mr. Rauno Perttu, CEO of Aultra Gold, Inc., and an accomplished geologist,
"There is much left to explore and develop in the Montana property. The most
exciting target on the property is a nested diatreme complex (overlapping
volcanic breccia pipes) that extends over a minimal area of 2,600 feet by 3,300
feet. This diatreme complex has not been drilled to depth, and may contain
high-grade gold and silver mineralization in a deeper 'boiling zone.' The
diatreme complex is characterized by overall low-grade gold and silver
mineralization and local high-grade mineralization. Nearby shallow much smaller
diatreme zones appear to be adjacent outliers to the main diatreme complex.
These outliers are associated with an inferred controlling fault zone that may
also be an important control for the main diatreme and for some of the inferred
veins. Two of these smaller diatreme in the fault zone appear to contain
near-surface 'boiling zones,' and contain high-grade gold and silver
mineralization that appears to have been associated with a boiling zone."

The Company intends to further explore other opportunities in Montana, based in
part, on Mr. Perttu's extensive experience, and the number of potential high
value projects located in the state. Added Mr. Perttu, "We already have a large
commitment to the Basin Gulch project and believe that we will build a cluster
of projects within the state."