Dutch Gold Resources, Inc. (Pinksheets: DGRI) today announced that the Company has commissioned a bulk sampling program that will be conducted in two stages, with the first stage to be completed during the next three months. The second stage will be conducted in the spring. The Company also intends to initiate new resource expansion programs, based on new data during the Second and Third Quarters of 2010. The purpose of the programs will be to determine whether the current known resource might be more prolific than earlier thought.

During the historic drilling on the Basin Gulch property, it became apparent that areas containing coarse gold were present. To better understand the nature of the coarse gold, bulk sampling of selected drill hole intervals was historically conducted on a spread of sample grades, lithologies, and locations, utilizing 1,000 gram samples versus the original 30 gram fire assays. The bulk samples were finely crushed, followed by a two step process. First, a free gold gravity recovery of the 1,000 gram samples was conducted, followed by a fire assay of the sample tails. The head grade of the bulk samples was subsequently calculated. “The testing revealed the presence of areas containing locally significant coarse gold that had been missed by the original fire assays. The bulk sampling raised the overall average grade of the bulk-sampled drill intervals approximately forty percent above their original fire assays,” commented Rauno Perttu, COO.

Added Daniel Hollis, CEO, “Because defining the areas of coarse gold could have a positive impact on the overall grade and economic development of the Basin Gulch gold system, Dutch Gold Resources plans to expand on the historic bulk sampling, utilizing the preserved historic drill core and cuttings, and also utilizing new bulk samples. The program utilizing the historic drill samples can be initiated during the first quarter of 2010. The new bulk sampling is planned to start in the spring, with improved ground conditions. Based on the data we have seen, we are quite interested to see how this might impact the size of the resource.”

Disclosure: No position in the stock of DGRI; see our disclaimer page.

Dutch Gold Resources, Inc. (Pinksheets: DGRI) today announced the Company’s plans going forward for 2010 and management changes to facilitate maximum growth in the coming year.

With regard to the Company’s strategy for 2010:

Dutch Gold expects to make application to the Toronto Stock Exchange during First Quarter 2010. Management has undertaken steps to bring DGRI fully reporting by the end of January 2010. In a transaction aimed at expanding the ability of the Company to participate in the mining segment, Aultra Gold Resources, Inc. will become a subsidiary of DGRI, and remain publically traded, with a well defined business plan. Announcements will be forthcoming as to the nature of the Aultra plan by the end of January.

Growth and Acquisitions:

During First and Second Quarters of 2011, Dutch will focus on developing value in the Basin Gulch properties and the Jungo properties. The activities will include various drilling initiatives designed to further define the size and quality of the ore bodies in each project. During that same time frame, the Company expects to develop a long-term approach to optimize the value of the Benton Mine, and make capital allocation plans accordingly.

The Company is currently soliciting potential acquisitions of producing properties, ranging in approach from financing growth of potential joint ventures, to the outright acquisitions of production companies that are capital constrained.

Management believes that this combined approach has the potential significantly add to shareholder value, particularly, given the current macroeconomic conditions and the continued growth in gold prices.

Management Changes:

“We are very pleased to announce the appointment of Rauno Perttu, who will assume the role of Chief Operating Officer, and will join the Board of Directors,” said Dan Hollis, CEO of Dutch Gold. “Mr. Perttu is an accomplished geologist, with a robust network of professional colleagues who are geologists and mining engineers. His success at finding large systems is well substantiated and we look forward to his contributions as COO of Dutch Gold Resources.”

Further, the Company expects to appoint a Chief Financial Officer in the next three months. The search has been commissioned to find a seasoned growth oriented CFO with significant mining experience, and cross border compliance expertise. In the interim, the Company is utilizing experienced staff on a contract basis, as it updates its financials and SEC filings.

The Company will also realign the Board of Directors, in preparation for applications to the Toronto Exchange, as well as others. The Company expects to announce the realignments within the next week.

Disclosure: No Position in DGRI; See our Disclaimer Page

New and Expanded Mining Assets Spell Growth

Dutch Gold Resources, Inc. (Pinksheets: DGRI) revealed the details on the projects that it has recently acquired, and provided guidance on near term plans for development.

“We are very enthusiastic about the projects that have been acquired. We think that these new projects have great merit and we have already undertaken work plans to advance them,” said Dan Hollis, CEO of DGRI. He added, “The properties that we now have provide the potential for keystone properties for DGRI in the future.” The Company expects to add more projects during the coming year, both exploration/development stage, as well as producing properties. Backgrounds on the newest properties, Basin Gulch property and the Jungo property, follow.

Basin Gulch, Montana

A very large open-ended gold and silver system in Montana was discovered by Rauno Perttu and has been partly explored by 323 reverse circulation and core drill holes, totaling approximately 90,000 feet, plus 17,000 feet of trenches. Most of the holes were shallow, and largely pattern-drilled for an open-pit reserve. Aultra recognized that Basin Gulch has major mining potential under current Montana law and had the historic exploration information reviewed by an independent consulting geologist. The geologist concluded the existing data shows that the following gold resource is minable under current law:

“Approximately 426,135 ounces of combined Probable and Proven gold for the resources in Blocks A and B only, for the Basin Gulch site calculated directly from the drilling data. If 20% is removed to represent uncertainty, this number is approximately 341,000 ounces of gold. Also adding to this conservative approach is that the silver content was not converted to gold equivalency and added to the gold calculated above. In some places on the Basin Gulch prospect, the measured silver was well in excess of 10 opt.” — David Brown Pg, NIN and earlier 43-101 compliant report

Dutch Gold Resources, Inc. has undertaken to prepare a new NI 43-101 compliant report in early January of 2010. The Company has contracted to complete a bulk-sampling program, with results expected First Quarter 2010.

Jungo

The Jungo property lies between the historic Sleeper and Hycroft mines in Humboldt County, Nevada.

The Hycroft Mine historically produced in excess of a million ounces of gold and is back into production with the recent discovery of in excess of a million ounces of additional reserves. The Sleeper Mine produced approximately 1.7 million ounces of gold, much of it from very high-grade near-surface veins. Recent exploration is finding new areas of strong ore-grade mineralization below the historic mine pit and along newly identified vein structures outside the historic exploration area. DGRI’s geologists believe that the Jungo gold system has important similarities to the Sleeper and Hycroft properties, and look forward to exploring the Jungo property based on that belief. DGRI has commissioned a new trenching program to begin in January 2010, which it expects to report results First Quarter 2010.

Disclosure: No position in the stock of DGRI; see our disclaimer page.

Dutch Gold Resources, Inc. (Pinksheets: DGRI) today announced that it has purchased certain mineral properties from Aultra Gold, Inc. The completion of this acquisition of projects in Montana and Nevada will allow the Company to accelerate the growth of building shareholder value.

“The acquisition is consistent with our plan to develop potential high-value properties in key areas, in politically stable areas,” said Dan Hollis, CEO of Dutch Gold Resources.

The intent to complete the transaction had been previously announced as a merger, but on review it was determined that a partial asset purchase was more favorable to both firms.

“We are grateful to our shareholders and business partners who have tirelessly supported us in this transaction, and excited about the potential of these projects,” added Mr. Hollis.

With the assistance of Rauno Perttu, Dutch Gold Resources will begin the process of developing the high value targets first, and will release development plans during the first quarter of 2010, and will begin implementing them during the second quarter of 2010. GRI believes that it can significantly add to the value of the properties, particularly with the help of Mr. Perttu.

Consideration for the transaction included the issuance of shares to Aultra Gold, Inc., assumption of certain Aultra responsibilities, and the issuance of additional considerations to Aultra including the transfer of certain intellectual properties from DGRI to Aultra Gold.

“We are pleased to have begun the first acquisition detailed in the Company’s four Step Plan to build shareholder value. We are confident in the coming weeks and months that this transaction will form the base to quickly acquire additional keystone assets for the Company,” concluded Mr. Hollis.

An 8K providing full details of the acquisition will be filed next week.

Disclosure: No position in Dutch Gold’s stock. See our disclaimer page.