Republic Services Inc V.RSG

NEWS

[GuyF]

SearchGold Reports More Solid Drilling Results From the Bakoudou Gold Project in Gabon MONTREAL, QUEBEC--(CCNMatthews - Sept. 13, 2004) - SearchGold Resources Inc. is proud to release the results of the second drilling section of the ongoing 5,000 meters, 82 holes diamond drill program performed under the technical supervision of Met-Chem Canada Inc. This drilling program is part of the Bankable Feasibility Study undertaken by SearchGold Resources Inc. to confirm the profitability of exploiting Zone A of the Bakoudou structure in Gabon, Central Africa. /T/ Results highlights of section 0+25N includes: 3.60 metres @ 15.61 g/t Au 4.00 metres @ 26.81 g/t Au 8.75 metres @ 7.96 g/t Au 13.05 metres @ 3.80 g/t Au 11.05 metres @ 2.51 g/t Au 3.10 metres @ 9.80 g/t Au /T/ Maurice Giroux, CEO of SearchGold said: " We are very pleased with the results of the drilling program to date, the grades obtained are matching previous recorded results and this infill drilling program will lead to a reliable reserve calculation and produce an accurate geological model of the deposit. From now on, the company will announce drilling results on a frequent basis." The following table presents detailed results: /T/ Hole # From To Length Grades m m m g/t Au ------------------------------------------------------------ BA04-60 44.00 46.35 2.35 2.83 72.00 75.10 3.10 9.80 BA04-61 53.95 67.00 13.05 3.80 BA04-62 18.15 19.75 1.60 2.45 44.00 44.80 0.80 2.93 BA04-63 26.80 35.55 8.75 7.96 Mineralization remains open at the end of this hole. Hole # From To Length Grades m m m g/t Au ------------------------------------------------------------ BA04-64 9.00 14.75 5.75 3.08 18.75 22.35 3.60 15.61 28.50 32.50 4.00 26.81 BA04-65 4.50 15.55 11.05 2.51 The following 2 holes will be redrilled due to poor core recovery and washed out of the mineralized section. BA04-59 55.00 60.00 5.00 3.96 BA04-66 0.00 12.90 12.90 0.83 /T/ The Company announced so far the results of 16 drill holes on a total of 82 and more Bakoudou drilling results will be published shortly. Individual samples were taken from sawn half core at +/- 1 metre intervals in the mineralize zones. Quality control comprises 10% duplicates and inclusions of blanks and standards. The samples are flown to SGS LAKEFIELD RESEARCH AFRICA (PTY) LIMITED laboratory of Johannesburg, S.A., for analysis by fire assay using 100 g samples. The drilling program is under the supervision of Mr Pierre Allard of Met-Chem Canada Inc, an independent geological expert and Qualified Person. SearchGold Resources is a Canadian based mining exploration company whose primary mission is to target, explore and develop diamond and gold deposits in Africa and in Canada. SearchGold's project strategy maximizes its experience and resources, and supports the company's commitment to strengthen shareholder value. Find out more about SearchGold Resources by visiting https://www.searchgold.ca Shares issued: 50,079,814 -30- FOR FURTHER INFORMATION PLEASE CONTACT: SearchGold Resources Inc. Maurice Giroux President [phone] [e-mail] The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.