Grant of 2,000,000 Stock Options at $ 0,20 par share

Goldrush Resources Ltd. (TSX VENTURE:GOD) reports that the Board of Directors has granted director and employee incentive stock options for the purchase of 2,000,000 common shares pursuant to Goldrush's incentive stock option plan. The incentive stock option plan is a 10% fixed plan with a maximum size of 7,306,000 options and is compliant with the prevailing policies of the TSX Venture Exchange. The incentive stock options granted are subject to a four month hold period from the date of grant and are exercisable for three years at $0.20 per share which is above the closing market price of the Company's shares on the TSX Venture Exchange on February 24, 2011.

There are a total of 4,410,000 incentive stock options outstanding after the current grant.