Tuesday, 13 April 2010

Goldrush Resources appoints Donald Willoughby as VP of Corporate Development

Burkina Faso focused exploration junior Goldrush Resources (TSX-V:GOD) has appointed Donald Willoughby to the role of Vice-President of Corporate Development.  Willoughby brings three decades of experience to the table for Goldrush, including several previous posts as a director or senior officer of a publicly listed company.  He will be based in Toronto to co-ordinate the company’s corporate activities in Eastern Canada.

Last month Goldrush raised CDN$1 million through the placement of 10 million units at a price of 10 cents per share. The top up will allow Goldrush Resources to get a drill rig turning again at its primary project, the Ronguen Gold Deposit in Burkina Faso, where an inferred resource of 5.9 million tonnes grading 1.4 grams per tonne (g/t) gold (249,000 ounces) has already been outlined in the main zone.

In total, Goldrush has five exploration permits covering 922 square kilometres in Burkina Faso where it has been working since early 2006. Late in 2009, the junior explorer ended a previous joint exploration agreement it had in Burkina Faso with High River Gold Mines (TSX:HRG) after Russia’s Severstal effectively took control of the company.

http://www.proactiveinvestors.com.au/companies/news/6302/goldrush-resources-appoints-donald-willoughby-as-vp-of-corporate-development-6302.html

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