Dutch
Gold Resources Retains Kingsdale Capital International Inc. in Advisory Role
for Business Development and Strategic Planning
Thursday
March 6, 9:30 am ET
ATLANTA, GA--(MARKET WIRE)--Mar 6, 2008 -- Dutch Gold
Resources, Inc. (Other OTC:DGRI.PK
- News), a developer and
operator of proven gold mines and a regional mill in North America, today
announced it has retained Kingsdale Capital International Inc. in an advisory
capacity as Dutch Gold enters its next growth phase.
Dan
Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "We have retained
the services of Kingsdale Capital International, a Toronto-based company, for
its exemplary strategic advisory capabilities and its expertise in working with
resource companies in Canada, the United States and other regions of the world.
We plan to achieve important milestones in 2008 and we are looking to Kingsdale
Capital International to help us implement the most expeditious strategy for
achieving our goals. Broadly speaking, we plan to ramp up production, expand
our exploration efforts and, in doing so, utilize our resources most
effectively."
Joseph
Duggan, chairman of Kingsdale Capital International, stated, "An
extraordinary amount of strategic planning is involved in moving a company
forward and putting the appropriate pieces in place for sustained growth and we
are pleased to offer Dan and his team the benefit of our expertise in the
natural resource sector. Given its proven gold reserves, Dutch Gold is well
positioned to enhance its resource base as well as to expedite the company's
exploration and drilling programs during the months ahead. In our role as
advisor, we will also assist the company in reviewing acquisition targets,
potential joint ventures and strategic partnerships to develop the resource
base organically as well as through direct acquisition of targeted companies
and properties."
About
Dutch Gold Resources, Inc.
In
January 2007, Dutch Gold Resources, Inc. acquired Dutch Mining LLC, which was
founded in 1994. Dutch Gold is engaged in the mining and processing of proven
gold reserves in North America. The company's
strategy is to focus on overlooked resources which can be quickly and
cost-efficiently brought into production. The Company currently owns two mines
in Southwestern Oregon, consisting of the Benton
and Gold Bug mines. Production resumed in March 2007 and the Company has begun
a drilling program to prove up additional reserves and enhance future
production. Please visit the Company's website for additional information at: www.dutchgoldresources.com..
Certain
statements in this release, and other written or oral statements made by the
company, including the use of the words "expect,"
"anticipate," "estimate," "project,"
"forecast," "outlook," "target,"
"objective," "plan," "goal," "pursue,"
"on track," and similar expressions, are "forward-looking
statements" and are subject to known and unknown risks, uncertainties and
other factors that may cause actual results, performance, or achievements of
the company to be different from those expressed or implied. The company
assumes no obligation and does not intend to update these forward-looking
statements.
Contact:
Contact:
David K. Waldman / Klea K. Theoharis
Crescendo Communications, LLC
(212) 671-1020