Gold Reach Resources Ltd. announced that assay results for the final 8 holes drilled into the Ox porphyry during the 2012 drill program have been received. The Ox porphyry is located 4 kilometres north-northeast of the Company's West Seel discovery, and both deposits occur on the Company's 100% owned Ootsa Property located adjacent to the producing Huckleberry Mine south of Smithers, British Columbia. HIGHLIGHTS: Strong Mineralization Encountered - Hole Ox12-38 intersected 107.4 metres grading 0.3% copper and 0.026% molybdenum, including 54 metres grading 0.41% copper and 0.033% molybdenum; Higher Grades Near Surface - Mineralization starts at surface with the highest grades occurring close to surface as exemplified by hole Ox07-22 which returned 66.4 metres grading 0.36% copper and 0.054% molybdenum starting at 6.1 metres depth; Significant Expansion Potential - Mineralization has been traced for 750 metres along strike, to depths of 150 to 230 metres below surface, and over widths of 100 to 150 metres.

Hole Ox12-37 was oriented toward the northeast at an angle of -55 degrees and drilled to a total depth of 237.9 meters. The hole intersected anomalous copper and molybdenum from 10 metres to 81.9 metres depth and then intersected a continuously mineralized zone of 94.1 metres grading 0.29% copper and 0.026% molybdenum (0.44% copper equivalent) from 81.9 to 176.0 metres depth, including 20 metres grading 0.4% copper and 0.045% molybdenum (0.65% copper equivalent) from 114 to 134 metres depth. Hole Ox12-38 was located near the west edge of the Ox deposit and drilled toward the east at an angle of -55 degrees to a total depth of 164.6 meters.

The hole intersected 107.4 metres grading 0.3% copper and 0.026% molybdenum (0.44% copper equivalent) from 6 to 113.4 metres depth, including 54 metres grading 0.41% copper and 0.033% molybdenum (0.59% copper equivalent) from 58 to 112 metres depth. Drill holes Ox12-39 to 41 were also located on the west edge of the Ox deposit and drilled toward the east and all intersected significant mineralization as summarized in the table below. Holes Ox12-42 and 43 were drilled toward the northwest, and only intersected the western edge of the mineralized zone.

Hole Ox12-44 was located at the northeast end of the mineralized zone and encountered only anomalous copper and molybdenum values, and constrains the northeast extent of mineralization. The mineralized zone at Ox has been traced for 750 metres along strike, to depths of 150 to 230 metres below surface, and over widths of 100 to 150 metres. Mineralization starts at surface, below a thin layer of gravel cover, with the best grades occurring close to surface as indicated on cross sections A, B, and C. The strong grades combined with the near surface geometry of the Ox deposit make it a very good target for potential open pit minable resources.

Any resource expansion at Ox would be a very nice compliment to the much larger mineralized zone being defined at West Seel. In 2012 a total of 4,947.4 metres in 18 holes have been drilled at the Ox deposit. This drilling will be added to the previous drilling data from the zone and will be used in an updated resource calculation which will commence shortly.