• SUMMARY

Goldrea Resource Corp. has completed a co-operative joint venture agreement with China Rushan (located in Shandong Province ) to explore along strike and down dip from their existing 1750 TPD open pit gold producer. The license entails some 65,000 hectares with the major focus being three areas on the mineralized horizon located on the east and west sides of the Shandong Daye Mine.   The joint-venture area on the east and west zones contain an inferred resource of 22.10 tonnes (707,717 oz) of gold. (NOTE on the figures.)   Goldrea has completed 66,000 feet of diamond drilling and has added NI43-101 compliant resources of 331,175 ounces indicated and 275,968 ounces inferred down dip and along strike.

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