ATLANTA, Feb. 7, 2011 (GLOBE NEWSWIRE) -- Dutch Gold Resources, Inc. (Pink Sheets:DGRI) (the "Company") ( http://dutchgold.com ) today announced that it has completed additional drilling on its Jungo project.
Based on data from the December-January program, the Company requested that the contractor complete additional drilling. This drilling was successfully completed February 4, 2011. "The company plans to compile these interesting results with prior data, producing a comprehensive analysis by late February," said Daniel Hollis, CEO.
The Company also announced it expects to launch a new website by February 10, 2011. The new site will contain many new features expected to provide investors more current information about project advancements, corporate strategy, and pertinent information regarding the capitalization structure of the Company. "The new site is designed to bridge the information gap between quarterly reports while providing investors more detailed data regarding project developments. In addition, we also plan to make available photographs documenting results of our recent drilling program in Nevada," said Mr. Hollis.
Dutch Gold Resources, Inc. is engaged in the production and development of gold properties in North America. The company's strategy is to focus on overlooked resources that can be quickly and cost-efficiently brought into production, and to seek out potentially significant exploration targets in high value geographies. The Basin Gulch project 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.
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.
CONTACT: Steve Keaveney Dutch Gold Resources, Inc. (404) 419-2440 www.DutchGold.com