Goldrush Renews Gonaba Est Permit, Burkina Faso

VANCOUVER, BC / ACCESSWIRE / February 26, 2015 / Goldrush Resources Ltd. (TSX-V:GOD.V - News) ("Goldrush" or the "Company") is pleased to announce that it has recently received a three year renewal of its Gonaba Est exploration permit from the Ministry of Mines and Energy of Burkina Faso. The 60 square kilometre permit is located in southeastern Burkina Faso, approximately 250 kilometres southeast of the capital city of Ouagadougou, and about 25 kilometres north of Orbis Gold's Nabanga gold deposit.

The Nabanga deposit is defined at surface by a 2.3 kilometre long northeast trending zone of shallow artisanal gold workings, predominantly hosted within a magnetite rich granodiorite intrusive, with the gold mineralization associated with quartz veining and a distinctive alteration zone developed around the central quartz "lode". (Readers are cautioned that the mineralization character and setting as described for Nabanga does not imply that similar geology on the Goldrush property will host a deposit.)

An initial shallow reverse circulation drilling program on the Gonaba Est permit in 2011 tested the Konkofoni (Hong Kong) artisanal mining site and intersected 11.4 g/t Au over 1 metre centered at a vertical depth of 25 metres in hole GEKRR11-004, and 2.2 g/t Au over 6 metres centered at a vertical depth of 53.2 metres in hole GEKRR11-012. Both holes were on the westernmost drill fence and the mineralization encountered remains open to the west. Hole GEKR11-003, located on the Konkofoni West target intersected 5.1 g/t Au over 2 metres at a vertical depth of 26.2 metres*. Because of the Company's subsequent focus on developing the Ronguen gold deposit, these promising drilling results have not been followed up.

Goldrush's new Burkina Faso subsidiary, Goldrush West Africa SARL, has recently received final permit transfer documents from the Ministry of Mines and Energy acknowledging the transfer of three permits (Salbo, Ouavousse and PK60) from Goldrush's former subsidiary Goldrush Burkina SARL. The receipt of these transfer documents represents the final step in the reorganization of Goldrush's Burkina Faso subsidiaries following the October 2014 sale of Goldrush Burkina SARL.

Attendance at the Prospector and Developers Association of Canada "(PDAC") Investors Exchange

Goldrush management will be exhibiting at booth #2600A at the PDAC Investors Exchange in Toronto, Ontario on March 1 and 2, 2015. Shareholders and interested investors are encouraged to visit the booth to learn more about management's 2015 plan for the Company.

About Goldrush:

Goldrush is a well-funded, successful Canadian mineral exploration company focused on gold exploration, with a treasury of over CDN$3,000,000.

Mr, Driffield Cameron, P. Geo., Director of Goldrush, is the Qualified Person for this news release within the meaning of Canadian Securities Administrators' National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical information contained herein.

For further information on Goldrush Resources Ltd., shareholders and other interested parties are invited to visit the Company's website at www.goldrushresources.ca.

ON BEHALF OF THE BOARD OF DIRECTORS,

GOLDRUSH RESOURCES LTD.

"Len Brownlie"

Len Brownlie - President and Chief Executive Officer

Contact Information:

Len Brownlie
President and CEO
info@goldrushresources.ca
1-604-602-9973

* see Goldrush News Release 16-2011 dated July 7, 2011 for complete drilling results and QA/QC procedures.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the Company's plans with respect to future acquisitions, exploration and development. Forward-looking statements in this release including statements regarding the Company's future plans and the funds available to it are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include uncertainties relating to the release of the funds held in escrow, the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

SOURCE: Goldrush Resources Ltd.