RSG - SearchGold Resources Inc - Page 13

only sold 1500 of 2000 units originally placed in placement. that does not look to good. any comments?

DGAP-News: Searchgold Resources Inc.: SEARCHGOLD COMPLETES A $1,500,000 FINANCING.
Searchgold Resources Inc. / Miscellaneous

24.04.2007

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------

Symbol : RSG -TSX.V S1O - FSE

Montreal, April 24, 2007 - SearchGold Resources Inc. is pleased to announcethe closing of the previously announced non-brokered private placement foran amount of $1,500,000. The Corporation will issue 1,500 units, each unitincluding 3,333 common shares of the Corporation at a price of $0.30 pershare and 1,667 common share purchase warrants of the Corporation. EachWarrant entitles its holder to purchase one common share of the Corporationat the purchase price of $0.45 per common share at any time during the18-month period from the closing date. These new shares are subject to a4-month minimum hold period.

In connection with this financing, a 6 % cash finder´s fee will be paid outto the following participants. The Corporation will also grant thefollowing participants, agent´s warrants to acquire the number of unitsequal to 3 % of the units subscribed for by the participant´s investors.Each agent warrant shall be exercisable into 1 unit at a price of $0.30 perunit for a period of 12 months from the closing date.

Participants Finder´s Fee Agent warrantsResearch Capital Corporation $13,056.00 21,760Wolverton Securities Ltd. $8 820.00 14,699Leede Financial Markets Inc. $7,799.22 12,999Investpro Securities Inc. $7,200.00 12,000Sugarhill Capital Inc. $5,100.00 8,500Jones Gable & Company Ltd. $4,800.00 8,000Loeb Aron & Company Ltd. (UK) $4,140.00 6,9003974715 Canada Inc. $3,240.00 5,400 This financing is subject to the approval of the TSX Venture Exchange. About SearchGold Resources Inc.

SearchGold Resources is a Canadian-based mining exploration company whoseprimary mission is to target, explore and develop gold and diamond depositsin Africa and in Canada. The Company is aggressively pursuing thedevelopment of its three most advanced gold projects with drill programsinitiated in November 2006.

The expansion strategy executed in 2006 has set the stage for the Company´sdevelopment in 2007 as this new year will see increased activity on the newblue-sky properties and the advanced projects as well as some potentialacquisitions.

FOR FURTHER INFORMATION PLEASE VISIT http://www.searchgold.ca If you would like to receive press releases via e-mail please contact:info@searchgold.ca

SearchGold Resources Inc. Philippe Giaro, President & CEO

Lets hope for a string of (good!!) NR's Northwind. There are a lot of drill results outstanding from various projects.

0.335
1,562,792

another good day for RSG. closing at 0.35 on good volume.
time to bring on those much anticipated results!!!

Searchgold five-million-share private placement
Searchgold Resources Inc (C:RSG)
Shares Issued 116,340,171
Last Close 4/27/2007 $0.35
Monday April 30 2007 - Private Placement

The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement announced on April 11, 2007.

Number of shares: five million common shares

Purchase price: 30 cents per common share

Warrants: 2.5 million warrants to purchase 2.5 million common shares

Warrant exercise price: 45 cents per share for an 18-month period

Number of hidden placees: 48 placees

Pro groups: Tom Gallant 100,000; Lightyear Capital Inc. (Louise Duchesne) 666,667

Finders' fees: $13,056 cash and 21,760 warrants to Research Capital Corp.; $12,000 cash and 20,000 warrants to Lightyear Capital Inc.; $8,820 cash and 14,699 warrants to Wolverton Securities Ltd.; $7,799 cash and 12,999 warrants to Leede Financial Markets Inc.; $7,200 cash and 12,000 warrants to Investpro Securities Inc.; $5,100 cash and 8,500 warrants to Sugarhill Capital Inc.; $4,800 cash and 8,000 warrants to Jones Gable & Company Ltd.; $4,140 cash and 6,900 warrants to Loeb Aron & Company Ltd.; and $3,240 cash and 5,400 warrants to 3974715 Canada Inc. Each warrant can be exercised at a price of 30 cents per share for a period of one year from closing.

The company has confirmed the closing of the above-mentioned private placement by way of press release dated April 24, 2007

SearchGold Cuts Additional Mineralization and Defines High Grade Structure Over 400 M Strike Length on Mandiana, Guinea

MONTREAL, QUEBEC--(CCNMatthews - May 1, 2007) - SearchGold Resources Inc. (TSX VENTURE:RSG)(FSE:S1O) is pleased to provide additional assay results of the recently completed drilling campaign on its 100% Mandiana Gold Property located in Guinea, West Africa.

The 4,300 m drilling program consisted in 54 holes and all the results from the 40 holes drilled on the N'Diambaye prospect have been received. Significant highlights include :

1. The N'Diambaye prospect hosts a north-south trending mineralized structure recognized over 400 m with significant high grade intersections :

NDI-02 : 12.23 g/t Au over 22 m from 50 to 72 m towards northern end of the structure.

NDI-39 : 9.63 g/t Au over 6 m from 33 to 39 m defining the southern end of the structure.

-The intersection of hole NDI-02 was previously announced on February 14th 2007. The increase in gold content comes from the integration of fire assay results on pulp tailings. The other mineralized intercepts defining this structure are presented in this press release.

2. Isolated high grade intercepts as well as haloes of lower grade mineralization have also been intercepted outside the north-south structure, such as :

NDI-15 : 54.11 g/t Au over 1 m from 5 to 6 m.

NDI-36 : 0.34 g/t Au over 10 m from 6 to 16 m.

3. The coarse gold fraction represents a significant portion of the mineralization and was not recovered by bottle roll cyanidation. Fire assays on pulp tailings samples yielding +2 g/t Au in cyanidation significantly enhance the gold grades obtained in the drilling program.

Philippe Giaro, President and CEO, observed that "We can now confirm a significant discovery on N'Diambaye's main termite mound anomaly. The grades and intervals returned from our recent drilling suggest a high-grade context as opposed to a lower grade bulk-tonnage style target. No outcrop has so far been observed directly above the gold bearing structure and the high-grade model has to be further confirmed with detailed surface work and additional drilling. We know that the property hosts several areas of stockwork-style mineralization and to have high grade-type mineralization recognized on Mandiana really is an added bonus."

Mineralized intersections with a grade above 1 g/t Au as well as all + 0.1 g/t Au haloes of a minimum width of 3 m are presented in the following table.(See link)

The holes are inclined at 50 degrees; drilled with an azimuth of 270 degrees at to average depth of 80 m. The holes were drilled on seven parallel east-west sections covering a 400 m strike length of the main anomaly.

N'Diambaye North-South zone

The N'Diambaye prospect hosts a north-south trending mineralized structure containing high grade intersections (see attached figure or visit : http://www.searchgold.ca). A preliminary interpretation suggests that this mineralized structure, recognized so far over 400 m, has been intersected on all seven drilling sections. These are, from north to south :



Section 1189600 - hole NDI-33
- 4.50 g/t Au over 1 m from 43 to 44 m
Section 1189500 - hole NDI-28
- 1.38 g/t Au over 1 m from 37 to 38 m
Section 1189450 - hole NDI-02
- 12.23 g/t Au over 22 m from 50 to 72 m
Section 1189400 - hole NDI-10
- 5.29 g/t Au over 1 m from 9 to 10 m- 1.94 g/t Au over 1 m from 63 to 64 m
Section 1189350 - hole NDI-17
- 1.01 g/t Au over 1 m from 11 to 12 m- 0.23 g/t Au over 5 m from 26 to 31 m- 1.39 g/t Au over 1 m from 46 to 47 m
Section 1189300 - hole NDI-24
- 2.40 g/t Au over 1 m from 15 to 16 m- 1.08 g/t Au over 3 m from 23 to 26 m- 1.01 g/t Au over 3 m from 56 to 59 m
Section 1189200 - hole NDI-39
- 9.63 g/t Au over 6 m from 33 to 39 m




Three additional early stage observations appear significant.

1. An east-north-east structure appears to be cross-cutting the N'Diambaye north-south zone. This particular structural direction has been measured during surface mapping and its significance on the shape and grade of the mineralization has yet to be recognized.

2. The other mineralized intercepts obtained in this drill program (such as the ones in holes NDI-15, NDI-16 and NDI-05, NDI-36) might represent zones of mineralization parallel to the N'Diambaye north-south zone.

3. Very favorable lithologies have been intersected in the bottom part of some of the drill holes such as a sulfide bearing schist over 20 m in hole NDI-24 from 60 to 80 m.

These three observations must be integrated in a comprehensive model for this new discovery. Detailed surface work and additional drilling will be part of the necessary follow-up to be executed by Mr. Moussa Keita, Ph.D., P. Geol., the new Project Geologist for the Mandiana Property. Mr. Keita will also benefit from the on-going technical support of Mr. Pierre Lalande, P. Geol. and former IAMGold Chief Geologist.

About the drilling program

Four distinct targets were tested with this 4,300 m drilling program which consisted of 54 holes. Two of the targets are gold termite mound anomalies (N'Diambaye and Karfakolo). Two additional targets were identified during field reconnaissance and were considered sufficiently mineralized and geologically significant to warrant drilling. The present release concerns only the N'Diambaye gold termite mound anomaly and additional drill results are pending.

(cont.)
The intersections contained in this release do not represent true widths. The project is at an early stage of exploration and additional surface work is required to fully characterize the setting of the observed mineralization. Moreover, no top end cut-off grade was applied in the calculation of the mineralized intersections presented in this release. A bottom end cut-off grade of 0.1 g/t Au was applied in the calculations and a tolerance of up to 5 m for internal dilution was used in the case of hole NDI-02.

Sample analysis / QA/QC

Reverse circulation drilling was used and the holes are sampled and assayed 100%. One eight of the material recovered is sent for analysis. Individual samples weighting 4kg on average are taken from every 1 meter intervals during drilling. A rigorous QA/QC program involves the random inclusion of standards, duplicates and blanks at the sample collection stage. The samples are shipped to the Abilab laboratory in Ougadougou, Burkina Faso, for analysis by bottle roll cyanidation on 2kg pulp samples. The sample preparation and analytical procedure involves pulverizing the entire 4kg sample followed by quartering to obtain a representative 2kg sample which undergoes bottle roll cyanidation for 24 hours. In cases where bottle roll cyanidation yields assays greater than 2 g/t Au, a fire assay is executed on the pulp tailings and the head grade recalculated.

A duplicate of every 20th sample is sent to the SGS laboratory in Siguiri, Guinea, for control of the assaying procedure by a second laboratory.

The bottle roll cyanidation method coupled with a fire assay on the pulp tailings is a significant component of SearchGold's exploration strategy on the Mandiana property. This procedure insures that the totality of the gold contained in every 2 kg samples is extracted / accounted for as opposed to the traditional sampling / assaying method consisting in a simple fire assay on 50 g aliquots. This traditional method can yield meaningless erratic high results which have a tendency in being cut back, while some significant samples might go unnoticed. The bottle roll cyanidation / fire assay on the pulp tailings method provides a more consistent and meaningful set of results which, in the end, are more representative of the overall grade of the deposit.

The program is carried out under the supervision of Mr. Pierre Lalande, P. Geol. and former IAMGold Chief Geologist who has been involved with gold projects in tropical terrains in the Birimian rocks of West Africa over at least two decades. Philippe Giaro, P.Geol., President and CEO of SearchGold Resources Inc. and Qualified Person for SearchGold, has reviewed and approved the content of this release.

do any of you think that the nr was not satisfactory? i read it twice and noticed nothing wrong with it and yet the sp is down.

looked okay to me. i.m.o. this big drop in s/p is due to that fact that stocks like RSG are so pumped up by certian people that investors expect unrealistic NR's for results. and when a decent NR like today is released they dump shares without regard to what the NR said. i am still long on RSG with many more NR's to follow soon. hopefully these upcoming NR's will please investors.

I think the market is selling off the good and bad stocks today , by the looks of things. It may be some of those " sell in MAY and go away" folks getting an early start.
RSG news looked good to me as well.

had a bit of a drop to 0.25 this morning, but has picked up nicely back into positive territory on heavy volume.
0.285
2,093,100

this looks good...jumped in here at .28

SearchGold Intersects 4.29 g/t Au Over 9 m in a New Mineralized Structure on Mandiana, Guinea

MONTREAL, QUEBEC--(CCNMatthews - May 8, 2007) - SearchGold Resources Inc. (TSX VENTURE:RSG) (FRANKFURT:S1O) is pleased to provide additional results of the latest drilling program on its Mandiana Gold Property located in Guinea, West Africa. The 4,300 m program consisted in 54 holes and the results from the remaining 14 holes drilled on three additional prospects have been received.

A new mineralized structure has been intersected in the Stockwork area approximately 1 km north-east of the N'Diambaye target.

The results of hole STO-03, drilled on this new structure, are particularly significant as two mineralized zones were intersected with the principal one returning an interval of 4.29 g/t Au over 9 m from 39 to 48 m. This single hole, drilled in on a target identified by prospecting during field reconnaissance and located 1 km north-east of Mandiana's previously reported North-South zone (see press release dated May 1st 2007), appears to be tapping into a second, possibly parallel, mineralized zone. Indeed, recent field measurements on nearby outcrops show a north-south schistosity in the rocks. Mineralized intersections with a grade above 1 g/t Au as well as all + 0.1 g/t Au haloes of a minimum width of 3 m are presented in the following tables.



Hole # From (m) To (m) Interval (m) Grade (g/t Au)----------------------------------------------------------------------------------------------------------STO-03 39 48 9 4.29including 39 40 1 24.05 55 60 5 0.25-----------------------------------------------------




Three holes covering the prospecting target were initially planned but two of the drilling platforms could not be executed due to technical difficulties and therefore only hole STO-03 was drilled on this target.

On the Karfakolo target, located approximately 6,5 km south of N'Diambaye, several mineralized intercepts were returned form holes KAR-07 and KAR-08 with a higher grade intersection reporting 25.82 g/t Au over 1 m from 10 to 11 m in hole KAR-07.



Hole # From (m) To (m) Interval (m) Grade (g/t Au)----------------------------------------------------------------------------------------------------KAR-07 10 11 1 25.82 17 18 1 3.14KAR-08 69 73 4 1.46--------------------------------------------------




Ten holes were initially planned but three of the drilling platforms could not be executed due to technical difficulties and therefore only seven holes were drilled on this target.

Philippe Giaro, President and CEO, observed that "These additional results really highlight the potential of the Mandiana property. To obtain such an important number of mineralized intervals in a first pass of drilling campaign of less than 5,000 m really is an accomplishment for our company. I toured the property in April 2007 with Mr. Moussa Keita, Ph.D., P. Geol. and the new Project Geologist for the Mandiana Property, and all elements of a favorable geological context are present; from the volcanoclastics and sedimentary rock sequences to the intense surface veining observed in numerous locations. The key will be to piece the story together through systematic, diligent exploration work. While on site, we initiated a trenching program and have established a very clear plan of action for the development of the property which will be communicated in upcoming weeks along with updated maps."

About the drilling program

Four distinct targets are being tested by this 4,300 m drilling program which consists of 54 holes. Two of the targets are gold termite mound anomalies (N'Diambaye and Karfakolo). Two additional targets were identified during field reconnaissance and were considered sufficiently mineralized and geologically significant to warrant drilling. The holes are inclined at 50 degrees; drilled with an azimuth of 270 degrees at to average depth of 80 m, with the exception of hole STO-03 drilled with an azimuth of 90 degrees.

The intersections contained in this release do not represent true widths. The project is at an early stage of exploration and additional surface work is required to fully characterize the setting of the observed mineralization. Moreover, no top end cut-off grade was applied in the calculation of the mineralized intersections presented in this release. A bottom end cut-off grade of 0.1 g/t Au was applied in the calculations and a tolerance of up to1 m for internal dilution was used.

Sample analysis / QA/QC

Reverse circulation drilling was used and the holes are sampled and assayed 100%. One eight of the material recovered is sent for analysis. Individual samples weighting 4kg on average are taken from every 1 meter intervals during drilling. A rigorous QA/QC program involves the random inclusion of standards, duplicates and blanks at the sample collection stage. The samples are shipped to the Abilab laboratory in Ougadougou, Burkina Faso, for analysis by bottle roll cyanidation on 2kg pulp samples. The sample preparation and analytical procedure involves pulverizing the entire 4kg sample followed by quartering to obtain a representative 2kg sample which undergoes bottle roll cyanidation for 24 hours. In cases where bottle roll cyanidation yields assays greater than 2 g/t Au, a fire assay is executed on the pulp tailings and the head grade recalculated.

A duplicate of every 20th sample is sent to the SGS laboratory in Siguiri, Guinea, for control of the assaying procedure by a second laboratory.

RSG seems to be turning around. It touched .20 earlier and appears to be recovering now. I'm in for a small position at .22.

I'm in for 2k shares at .22. Laugh...I'm hoping for beginners luck here!

Nice recovery today after touching a low of .175 yesterday. Up to .225 now with anonymous doing lots of buying on the ask. We may see some fairly quick gains here if it can hold.

jumped back in @ 0.20 today. good volume.

I took some of the SRU profits and picked up a few here as well.