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  Goldrich Mining Company  
   
 

Incorporated in Alaska in 1959, Goldrich Mining Company (OTCBB: LITS), is a minerals exploration company in the business of acquiring and advancing gold properties to the discovery point where maximum shareholder returns can be realized. The Company is committed to explore and develop gold deposits on its properties, and to acquire new, early stage gold properties within the Americas.

New life was breathed into Goldrich Mining in mid-2003 when the Company was awakened from more than 25 years of semi-dormancy by a new management team.  Since its reawakening the Company has increased its market capitalization eighty-fold on a four-fold issued shares increase, accomplished the first exploration drilling program at Chandalar since its genesis, and grew beyond its original asset base for the first time in the Company's history.

Located 190 miles north of Fairbanks in the southern flank of Alaska's Brooks Range is the Company's flagship property, Chandalar, where gold was first discovered in 1905.  The Chandalar district's recorded gold production exceeds 84,000 ounces.  Prior to 2006 little modern exploration had been conducted in the district.  Exploration and development drilling were meager, with no drill holes more than 200 feet deep, leaving the vein deposits virtually virgin and open to great discoveries.  The 2006 exploration season marked a new era at Chandalar as the Company embarked on its first major drilling program.

In addition to the development of the Chandalar district, Goldrich Mining Gold Mining Company is committed to growth through acquisitions.  In September 2006, the Company acquired the Broken Hills West gold property located in the Fallon-Manhattan Mineral Belt of west-central Nevada, 15 miles north of the town of Gabbs.  Additionally, in March 2007 the Company acquired the Pedra de Fogo gold property in Goias State, south-central Brazil where it has confirmed exceptionally strong stream sediment gold geochemical anomalies.

Goldrich Mining is in robust condition and management is dedicated to growing the Company and delivering shareholder value.

 
     
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