Gold Reach Resources Ltd. announced an updated resource estimate for the Seel and West Seel deposit and awaits an updated resource for the Ox deposit on the company's 100% owned Ootsa property, British Columbia. Contained Copper Equivalent Increases - Contained copper equivalent increases substantially to 2.8 Billion lbs inferred plus 0.58 Billion lbs indicated. Contained Gold Increases - Contained gold increases to 1.45 million ounces in the inferred category plus 0.37 million ounces in the indicated category.

Contained Molybdenum Increases - Contained molybdenum increases to 163 million lbs in the inferred category and 22 million lbs in the indicated category. Contained Silver Increases - Contained silver increases to 25.8 million ounces in the inferred category and 4.4 million ounces in the indicated category. Indicated Resources Increase 141% - At a 0.2% copper equivalent cut off indicated resources have increased from 28,130,000 tonnes to 67,760,000 tonnes, an increase of 141%.

Inferred Resources Increases 91% - At a 0.2% copper equivalent cut off inferred resources have increased from 214,780,000 tonnes to 410,880,000 tonnes, an increase of 91%. The new independent mineral resource estimate study was conducted by Giroux Consultants Ltd. and follows up a mineral resource estimate on Seel completed by Giroux Consultants Ltd. in 2012. The new resource is based on 66,923 meters of drilling in 146 holes and was completed in accordance with Canadian Securities Administrators National Instrument 43-101 and the CIM Standards on Mineral Resources and Reserves, and has an effective date of January 20, 2013.

At a 0.2% copper equivalent cut off the Seel deposit contains an indicated resource of 67.8 million tonnes grading 0.21% Cu, 0.17 g/t Au, 0.015% Mo and 2.02 g/t Ag plus an inferred resource of 410.9 million tonnes grading 0.16% Cu, 0.11 g/t Au, 0.018% Mo, and 1.95 g/t Ag. The majority of the resource sits in the inferred category reflecting the widely spaced nature of the drilling completed during the 2011 and 2012 drill programs.