Dutch Gold Resources Inc. (fka DGRI)

[Frazdog]

Dutch Gold Appoints New Auditors
Company Confirms Intention to Timely
File Form 10K


ATLANTA, Mar 24, 2011 (GlobeNewswire via COMTEX) -- Dutch Gold Resources, Inc.
(OTCQB:DGRI) (the "Company") (http://dutchgold.com) is pleased to announce that
the Company's Board of Directors has appointed Hancock, Askew and Company, LLP
as the new auditors of the Company. The former auditors, Gruber and Company,
LLC, resigned at the request of the Company and there were no reportable events
with respect to the change of auditor, as reported in the 8K filed March 21,
2011.

"We are pleased with the selection of Hancock, Askew and Company, LLC. The firm
brings 100 years of experience to the table, and is a member of the BDO Siedman
Alliance," said Daniel Hollis, CEO. For additional information, please see
http://hancockaskew.com. "As a much larger firm, we are confident of their
ability to keep pace with the anticipated growth of Dutch Gold in the coming
years," added Mr. Hollis.

The Company anticipates that it will file its Form 10K for the period ending
December 31, 2010 by March 31, 2011.

Dutch Gold Resources, Inc. is engaged in the acquisition and development of gold
properties in North America. The company's strategy is to focus on overlooked
resources that have the potential to have a value creation event within 24
months of acquisition. The Company criteria call for a property to reach either
near term production, or be a candidate for development through joint venture
financing during the two years subsequent to acquisition. The Basin Gulch
project in Montana, the Jungo property outside Winnemucca, Nevada, and the Gold
Bug Mine in Oregon comprise the Company's current portfolio. The DGRI management
team is composed of seasoned professionals with decades of experience in geology
and in mergers and acquisitions, as well as corporate finance.

Forward-Looking Statements

This press release contains forward-looking statements that reflect the
Company's current expectation regarding future events. Actual events could
differ materially and substantially from those projected herein and depend on a
number of factors. Certain statements in this release, and other written or oral
statements made by Dutch Gold Resources, Inc., are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. You should not place undue reliance on
forward-looking statements since they involve known and unknown risks,
uncertainties and other factors, which are, in some cases, beyond the Company's
control and which could, and likely will, materially affect actual results,
levels of activity, performance or achievements. The Company assumes no
obligation to publicly update or revise these forward-looking statements for any
reason, or to update the reasons actual results could differ materially from
those anticipated in these forward-looking statements, even if new information
becomes available in the future. Important factors that could cause actual
results to differ materially from the company's expectations include, but are
not limited to, those factors that are disclosed under the heading "Risk
Factors" and elsewhere in documents filed by the company from time to time with
the United States Securities and Exchange Commission and other regulatory
authorities.

For further information, please sign up at
http://ir.stockpr.com/dutchgold/email-alerts and see www.DutchGold.com

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Dutch Gold Resources, Inc.


By Staff

CONTACT: CONTACT: Steve Keaveney

Dutch Gold Resources, Inc.

[phone]




(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

-0-




INDUSTRY KEYWORD: Mining & Metals

SUBJECT CODE: MINING

METALS

CONTRACTS

Business Contracts