Gold Reach Resources Ltd. Announces Grant of Incentive Stock Options

January 20, 2010

Gold Reach Resources Ltd. (the “Company”) (GRV – TSX-V) wishes to clarify the news release disseminated and mistakenly dated January 4, 2009.

The Company granted, pursuant to its stock option plan, incentive stock options to certain directors, employees and consultants to purchase up to a total of 732,939 common shares in the capital stock of the Company, exercisable for a period of two years from January 4, 2010.

The Company announces that Pat Vasireddi has been appointed to the Advisory Board.

About Gold Reach:

Gold Reach Resources Ltd. is a Canadian exploration company actively involved in the exploration of its newly acquired Auro Claims, adjacent to Richfield Ventures’ gold discovery in central British Columbia, and the development of the Seel and Ox Lake projects, a 20,025 hectare copper-gold-molybdenum-silver project located 120 kilometres south of Houston, BC and eight kilometres east of the producing coppermolybdenum Huckleberry Mine.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President

For further information, please contact:

Gold Reach Resources Telephone: 604-718-5454 Toll Free: 888-500-4587 Web: http://www.goldreachresources.com

Safe Harbour Statement: The Company relies upon litigation protection for “forward-looking statements.”

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