Gold Reach Resources Ltd.

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Canada & British Columbia Vancouver

700 West Georgia Street, Suite 888

+1 604 718-5454

www.goldreachresources.com

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Company Resources

Project : Ootsa
Deposit : Ootsa
Date : Feb 09, 2016
Report Code : NI43-101 Report Type: PEA
Download: View this Report
Commodities : Copper-Molybdenum-Gold-Silver
Report Details: PEA results incl. post-tax NPV (5%) of C$186M, IRR of 81%, 1 year payback
Resources: (Resource, M+I): 224.2Mt @ 0.37% CuEq, 0.22% Cu, 0.15g/t Au, 0.021% Mo, 2.8g/t Ag
CP/QP: [Resources]: Brian Ray, Eugene Puritch (P&E Mining Consultants Inc.)

Company Press Releases

Gold Reach Announces Completion of $700,000 Non Brokered Private Placement

VANCOUVER, July 20, 2016 /CNW/ - Gold Reach Resources Ltd. (the "Company") (TSX-V:GRV) announces that the Company has closed its non-brokered private placement and has issued 4,666,666, units at a purchase price of $0.15 per unit for gross proceeds of $700,000. Each unit consists of one common share of the Company and one-half of one nontransferable common share purchase warrant.Each warrant will entitle the holder to acquire an additional common share of the Company at an exercise price of $0.22 per share for a period of 3 years from the closing date of the private placement.If the Company...

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