VANCOUVER, July 30, 2014 /CNW/ - Gold Reach Resources
Ltd. (GRV: TSX-V) (Gold Reach and/or the Company) is pleased to
announce it has received full payment from the Canada Revenue
Agency of the British Columbia Mineral Exploration Tax Credit
("BCMETC") amounts totaling $1,849,559 for the year ending March 31, 2014. The refund amount will be
added to the Company's working capital resources.
Ootsa Project Drilling Update
One drill is currently
active on the Ootsa property working on the West Seel deposit and 4
holes have been completed during 2014 to date (holes S14-200 to
203). The drill is currently working on hole S14-204.
Samples from holes S14-200 to S14-203 have been sent to the lab and
assay results are pending.
Field crews continue to prospect and collect soil and rock
samples from several regional prospects on the large Ootsa claim
block, and line cutting and drill road construction is continuing
in the Damascus area.
Archeological field reconnaissance studies and preliminary base
line water sampling will begin next week.
Additional information is available on our website at
www.goldreachresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS:
"Shane Ebert"
President/Director
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Gold Reach Resources Ltd.