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Goldrush Resources closes fully subscribed Cdn$1.0 million private placement March 15, 2010

Posted by Fortbridge in Mining.
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Goldrush Resources (TSX-V:GOD) President and CEO Len Brownlie recently announced the closing of a Cdn$1.0 private placement financing. Mr. Brownlie stated, “We are extremely pleased to complete this financing which will enable the company to resume a core drilling program designed to expand its Ronguen Gold Deposit in Burkina Faso, West Africa. Ronguen has an NI 43-101 qualified inferred gold resouce of 249,000 ounces with excellent potential to be expanded with futher drilling. It is a measure of the regard in which Ronguen is held that we actually had to turn potential investors away as the financing was fully subscribed.”

Click here to view the full announcement.

Complete information about Goldrush Resources is available on the company’s website at www.goldrushresources.ca or by contacting Goldrush Investor Relations at info@goldrushresources.ca or by telephone at +1-416-320-2448.

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