Company Information for Goldrea Resources Inc

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TSX.V; GOR View full financial data

Company Statement

Goldrea Resources Corp. Based in Vancouver, British Columbia, Canada, Goldrea is a mineral exploration and development company actively engaged in the acquisition, exploration, and development of mineral properties.   With its Focus on China, Goldrea finds itself on the verge of PRODUCTION status.

The Company in 2004 launched an ambitious play into China with the Shandong Daye Mine, near Rushan City, Shandong Province, China - entering into an exploration J.V. as well as signing an agreement to purchase 80% of the 1750 tpd Daye Gold Mine and mill.   The Company has also entered into an agreement with Tortuga Merchants to advance Goldrea's strategy in China to actively pursue existing and past producing gold properties in China.

A pioneer of molybdenum exploration since the 90's when market forces weren't yet recognizing its potential, Goldrea holds 2 properties with significant moly potential - one (CrowRea) in an active drilling program in 2007 and the other (Dobbin II) scheduled to start shortly.

Goldrea is a junior resource company listed on the TSX Venture Exchange (TSX.V:GOR).  A member of a group of mineral resource companies, find out more about this group at: www.reacompanies.com

Company Diagram

Current Operations

China
In addition to purchasing the Daye Gold mine, Goldrea's efforts include a joint venture with China Rushan in Shandong Province to explore along strike and down dip from the existing 1,750 tonnes per day open pit gold producer.  The license entails some 65,000 hectares with a major focus being three areas on the mineralized horizon located on the east and west sides of the Shandong Daye Mine.

British Columbia, Canada
Currently the Company has four advanced stage properties which have already had extensive prospecting, mapping, trenching, geophysics, and geochemistry as well as limited drilling.  Goldrea holds five B.C. properties, four of which are 50% joint ventured with Molycor Gold Corp (Dobbin I - PGM/Copper, Dobbin II - Moly, Flap - Gold, CrowRea - Moly) and one (BX Claims - Gold/Silver) 100% owned by Goldrea.

Arizona, USA
Goldrea holds 2 gold properties in Arizona.  The Gold Chain Project property consists of eight claims that have the potential of hosting open pittable reserves as evidenced by previous drilling such as 10.7 m of 2.2 g/t gold and 59.5 meters grading 0.34 g/t gold.  In 2007 Goldrea also acquired the Gold Rush Property in Arizona, near the Gold Chain Project.

Board of Directors and Key Management

Larry W. Reaugh	President and CEO/Director
John A. Chapman, B.Sc., P.Eng	Director
Dr. William Pfaffenberger	Director
Dr. David Madill	Director
Dr. Hugh Squair, Ph.D., P.Eng.	Director
Ed Lee	Director
Paul Blair	Director/COO
Teresa Piorun	Corporate Secretary
Jonathan Lin	CFO

Company Address 2A 15782 Marine Drive White Rock, British Columbia, Canada V4B 1E6 Telephone: +1 (604) 531-9639 Facsimile: +1 (604) 531-9634 Email: info[at]goldrea.com Website: http://www.goldrea.com

Capital Issued Shares:59,490,354 Options/Warrants: 16,686,126 Fully Diluted: 76,176,480 as of 10/31/2007

Annual General Meeting Dec 2007

Year End 31 July

Major Shareholders

as at 04/17/2007

Ameritrade, Inc

Cannaccord Capital Corporation

Charles Schwab & Co., Inc

National Financial Services LLC

Scottrade, Inc.

Southwest Securities, Inc.

Related News

12/07/07 - Goldrea’s Patience Has Paid Off With The Purchase Of The Daye Gold Mine In China

Most Recent Statement

16/05/08 - DRILLING RESUMES ON EMPRESS
11/03/08 - China Underground Development - Stoping to Begin
07/02/08 - CrowRea Empress Drill Results Holes 4-6
02/01/08 - CrowRea Empress Molybdenum Drilling Results
18/12/07 - Goldrea Options YALOKAM Copper Gold Moly Target in British Columbia
05/12/07 - PROGRESS REPORT ON CHINA GOLD PROJECT