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Drake Gold Resources Inc. Announces Consultant

Drake Gold Resources Inc. (OTC: DKGR) announced today that Richard Biscan has decided to work with the company as a consultant rather than complete his agreement as a full-time CEO.

Mr. Biscan indicated that due to existing commitments, he would not be able to dedicate the time and energy that Drake deserves. Mr. Biscan will be consulted, on an as-needed basis, regarding the development of joint ventures, acquisitions, and finance.

The company is currently reviewing exploration and mining opportunities throughout the United States, Canada and Mexico.

About Drake Gold Resources Inc.

Drake Gold Resources Inc. is an early stage mining company that focuses on the exploration and production of precious metals. Several projects have been identified through its resources in North and Central America, which will be released as the agreements are completed. The company has allied itself with a team of professionals including Richard Biscan of Tara Gold Resources Inc. (OTC: TRGD) and Thunder Gulch Resources Ltd.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.


Distributed by Market Wire

Tags: ,Manufacturing and Production:MiningandMetals, ,INTHPINK,IL,CHICAGO, IL

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