Iron Mountain Survey

[Ed Monton]

GOD acquires OK mineral property (lol):


GOLDRUSH RESOURCES LTD. ("GOD")
(formerly Goldrush Resources Ltd. ("GOD.H")
BULLETIN TYPE: Graduation from NEX, Property-Asset Agreement,
Private Placement-Non-Brokered
BULLETIN DATE: February 15, 2005
TSX Venture Tier 2 Company

Graduation From NEX

The Company has met the requirements to be listed as a TSX Venture
Tier 2 Company. Therefore, effective on February 16, 2005, the
Company's listing will transfer from NEX to TSX Venture and the
Filing and Service Office will change from NEX to Vancouver.

Effective at the open February 16, 2005 the trading symbol for the
Company will change from GOD.H to GOD.

Property-Asset Agreement

TSX Venture Exchange has accepted for filing an Option Agreement
(the 'Agreement'), dated March 8, 2004, between Goldrush Resources
Ltd. (the 'Company') and Eastfield Resources Ltd. ('Eastfield')
("TSXV: ETF") pursuant to which the Company has the option to
acquire up to seventy percent (70%) undivided interest in the OK
mineral property consisting of seven (7) claims (3075 hectares)
located 20km northwest of Powell River, BC.

The aggregate consideration payable by the Company to Eastfield is
$120,000 cash or share payments ($25,000 in the first year) and
$81,500 in cash payments to the underlying property vendor (Robert
Mickle) and incur a total of $1,000,000 ($200,000 the first year) in
exploration expenditures prior to April, 2008. In addition, a 2.5%
Net Smelter Return Royalty, payable to the property vendor, may be
purchased for C$2,000,000 on commencement of commercial production.

For further details, please refer to the Company's press release
dated March 15, 2004.

Private Placement-Non-Brokered

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced December 22,
2004:

Number of Shares: 7,000,000 shares (4,000,000 of which are
flowthough)

Purchase Price: $0.05 per share

Warrants: 7,000,000 share purchase warrants to
purchase 7,000,000 non-flowthrough
shares

Warrant Exercise Price: $0.10 for a one year period

Number of Placees: 27 placees

Insider / Pro Group Participation:

Insider equals Y /
Name ProGroup equals P / # of Shares

Flowthrough shares:

Catherine Seltzer P 125,000
Thomas W. Seltzer P 250,000
John Wheeler P 600,000
Robert J. Sheppard P 100,000

Non-flowthrough shares:

Catherine Seltzer P 125,000
Thomas Seltzer P 250,000
Robert J. Sheppard P 100,000
Strive Management Y 50,000
(Kim Phillips)

Finder's Fee: N/A

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the
Company must issue a news release announcing the closing of the
private placement and setting out the expiry dates of the hold
period(s). The Company must also issue a news release if the private
placement does not close promptly. (Note that in certain
circumstances the Exchange may later extend the expiry date of the
warrants, if they are less than the maximum permitted term.)