Summer Program At Flagship South Eureka Property

 

VANCOUVER, BC - Staccato Gold Resources Ltd. reported an update on the summer exploration program at its flagship South Eureka property. A detailed mapping and sampling program covering the entire Ratto Ridge structural trend that hosts the Lookout Mountain deposit commenced earlier this summer. Staccato's summer work also includes continuation of historic drill hole re-logging which is necessary for cross section work, and the generation of a 3D model to aid in future targeting and re-evaluation of the Lookout Mountain resource estimate.

Preliminary mapping along the Windfall corridor and within the Rustler and Windfall pits has now been completed and drill targets have been selected. Rock sampling programs to cover outcrop and in pit exposures will begin when drilling starts.

The upcoming drill program will target several new zones, as well as offset last year's intercept in hole 4 (5.25 g/t Au over 23 metres). A track mounted drill rig is expected to arrive at site in late August to start the 2,600 metre (8,000 foot) program.

Mapping at the Lookout Mountain project is focused on gaining a better understanding of structural and stratigraphic controls on mineralization which will aid in the re-evaluation of the Lookout Mountain resource estimate, and help delineate future drill targets. Preliminary results are encouraging with several new drill targets generated based on the work completed this summer.

Preliminary assay results for sampling on several northeast trending structures are encouraging with surface gold values up to approx. 2 grams per tonne occurring north of the Lookout Pit. Additional altered structures encountered include northwest and east-northeast striking zones. The mapping and sampling program will continue into the fall.

In preparation for future drilling at the Lookout Mountain project, Staccato has submitted a Plan of Operations to the BLM and Nevada Department of Environmental protection. The Plan of Operations was submitted in March 2009, and is undergoing review at both government agencies. The plan covers the entire length of the Ratto Ridge and proposes 100 hectares (approx. 246 acres) of disturbance, which will be distributed over a phased exploration program. The phased approach allows Staccato to only bond for acreage proposed for each program and requires plans to be submitted on a yearly basis. Staccato utilized an Environmental Assessment and Plan of Operations submitted to the BLM by Alta Gold in 1998.

The company’s address is Suite 2060, 777 Hornby Street, Vancouver, BC

V6Z 1T7, 604.682.8789, fax: 604.484.8254.