Goldrush VP Don Willoughby on Burkina Faso gold assays of 6.9 g/t over 8.9m

Goldrush Resources Ltd TSXV:GOD announced results from its Ronguen gold deposit in Burkina Faso, West Africa. Assays include

6.9 g/t gold over 8.9 metres (including 16.3 g/t over 1 metre)
1 g/t over 3 metres
1.6 g/t over 2.6 metres
6.15 g/t over 0.9 metres
1.05 g/t over 12.5 metres
1.3 g/t over 14.2 metres
1.12 g/t over 6.2 metres
1.9 g/t over 12.9 metres

VP Corporate Development Don Willoughby tells ResourceClips.com, “The assay results are good. We got another 6.92 grams over almost 9 metres. There are two significant things here. One, this is in the South zone, and this is the best result we’ve had there yet, which seems to indicate that we’re opening up a new area. We’ve had gold indications there before, but they’ve been low grade, and it’s one of those track-it-down type of things. So that’s very encouraging. Two, it seems to be a new style of mineralization. Driff Cameron, our VP of Exploration, is very excited about this. While its early stage, the reality is there is more gold, and it seems to be a new zone, which is really nice.

Read the rest of this article. http://resourceclips.com/2012/03/02/goldrush-vp-don-willoughby-on-burkina-faso-gold-assays-of-6-9-gt-over-8-9m/

GOD have a permit next to Roxgolds Yaramoko high grade find.

The first results are boosting confidence.

The strong catalysts are a new res. update and drill results!

There are 10.000m drill results due any day.

Goldrush Resources - Let the real RUSH begin - NOW

The company made significant progress in 2011/2012.
A new 43101 complaint resource will host double or triple the ounces from the initial one in 2008. Goldrush increased the size of their flagship project Ronguen in all dimensions. They uncovered new high grade zones, like the north zone with 3.9g/t over 10m. They just drilled their best hole with 8.7g/t over 23m at fill in drilling to increase the initial resource which is 249koz of 5.9mt at 1.3g/t. The mineralization begins at surface. The Ronguen deposit hosts shallow gold, but they tested the depth as well and drilled 11.5g/t over 4.8m at a vertical depth of 110m. They extended the strike length to nearly 2.000m. The widths vary between 10 and 100m+. The initial resource was calculated in 2008 with nearly 19.000m drilled to a maximum depth of 80m. By now they completed over 45.000m of drilling on Ronguen. I think the ounces will at least double to triple by end of Q1/12. Be prepared for a major spike in sp and market capitalization, which is very low. They have 165m shares outstanding on a fully diluted basis. At 0.14 CAD GOD is valued only 23m and on top of that there are millions of warrants out of the money due in a few weeks. That could lower the share amount substantially and decrease the value further. The treasury is filled with 1-2m. Warrants due shortly would bringt 4.7m if exercised. The managament is experienced in finding ounces. They were part of a second wave exploration rush in Burkina Faso from Canada and Australia. They are industry awarded guys with extensive knowledge in exploration and making discoveries especially in Burkina.

Thats just the introduction, they have 12 permits adjacent to big deposits, such as Yaramoko, Mana, Konkera, Kunche, Inata and many more. They have probably the best landpackage to explore and a team of 45 geological workers to do so.

Best regards.

Goldrush VP Don Willoughby on Burkina Faso gold assays of 2.16 g/t over 25m

Goldrush Resources Ltd TSXV:GOD announced assay results from its Ronguen gold deposit in Burkina Faso, West Africa. Highlights include

2.16 g/t gold over 25 metres

2.55 g/t over 11 metres

2.24 g/t over 12 metres

0.8 g/t over 20 metres (including 1.53 g/t over 14 metres)1.23 g/t over 17 metres

1.27 g/t over 15 metres

VP Corporate Development Don Willoughby tells ResourceClips.com, “The assay results are great. We continue to get economic grades over good widths. The objective of the program is twofold. One is to expand the deposit, and the other is to upgrade from inferred to indicated the saprolitic layer from surface down to, on average, 50 metres. This is in preparation for completing a preliminary economic assessment. We’ve started the baseline work on that; we’ve started work on an environmental impact study. That’ll be done probably by sometime in the new year. We’ve just begun it, so we don’t really have a timetable for it yet. We’re informed that we’ll have the updated resource estimate by sometime in the latter part of 1Q 2012.

Read the rest of this interview: http://bit.ly/uESqxI

God is good to us today! Was up 32% today already!! Smack that ask!

NEWS!!!!!


http://money.aol.com/rtn/pr/goldrush-announces-private-placement-to-raise-up-to-2-000-000/rfid436752642?channel=pf

Thanks! Glad to be here! Not much happening with this company but good things will come out of it in the future!!!!

Welcome aboard! Glad to have you.

Hello everyone just joined GOD today at 17 cents. The first section drilling results were amazing. They are now startig the drilling in section 2 then section 3 ! Lots of gold in those hills and gold hit $1500 an ounce today! Chachinggg! Good luck all 2 of you!

If I own the float on god, am I considered "GOD"

God trades too hard. Makes me nervous

oh my GOD

When was GOD ipo?