Welcome To The Goldrush Resources HUB On AGORACOM

Since early 2006, Goldrush Resources has successfully explored for gold in Burkina Faso and has over $3 million in the treasury, 2 Net Smelter Returns Royalty and 6 strategically located exploration permits.

Message: Goldrush Announces Receipt of US$500,000 Payment and Appointment of New CFO
Goldrush Announces Receipt of US$500,000 Payment and Appointment of New Chief Financial Officer

(via Thenewswire.ca)

Vancouver, British Columbia / TheNewswire / July 2, 2015 - Goldrush Resources Ltd. (TSX-V: GOD) ("Goldrush" or the "Company") is pleased to announce that it has received US$500,000 from the US$1,000,000 held in escrow as the second tranche of the US$4,250,000 total payment due on the sale of its wholly-owned Burkina Faso subsidiary, Goldrush Burkina S.A.R.L. ("Goldrush Burkina") to Nord Prognoz Ltd., a wholly-owned subsidiary of Nord Gold N.V. (LSE: NORD) ("Nordgold"), pursuant to the terms of the Share Purchase Agreement dated June 11, 2014, as amended among the Company, Goldrush Burkina and Nordgold which transaction closed on October 17, 2014. The final payment of up to US$500,000 is due to be released from escrow on December 31, 2017, subject to deductions for any liabilities of Goldrush Burkina that occurred prior to the closing on October 17, 2014.

Goldrush Burkina holds the Tikare and Kongoussi 1 mineral permits that comprise the Ronguen Project, which is located 10 kilometres northwest of Nordgold's Bissa gold mine and 100 kilometres north of Ouagadougou, the capital city of Burkina Faso. Goldrush continues to hold a 1% Net Smelter Returns Royalty on any production from the Ronguen Project at a gold price over US$1,700 per ounce. The royalty may be repurchased at anytime for a cash consideration of US$1,000,000.

Appointment of New Chief Financial Officer

Goldrush is also pleased to announce the appointment of Mr. Scott Davis, CPA, CGA as Chief Financial Officer effective July 1, 2015.

Mr. Davis is a graduate of the British Columbia Institute of Technology accounting program and is a partner in the Vancouver accounting firm CrossDavis & Company LLP where he has provided accounting services to junior mining and industrial companies for over 10 years.

"We welcome Scott Davis to the Goldrush team. Scott's extensive accounting experience with junior companies will be a valuable asset for Goldrush as we search for the best opportunity to deploy our free capital resources," stated Len Brownlie, President and CEO.

Mr. Scott Hamilton, who has served as Chief Financial Officer since November 2014 and as Chief Accountant of Goldrush since 2004 has resigned in order to take a position in the oil and gas industry. The Board of Directors would like to thank Scott for his contributions to the Company.

About Goldrush:

Goldrush is a well-funded, successful Canadian mineral exploration company focused on gold exploration, with a treasury of over CDN$3,500,000.

Mr. Driffield Cameron, P.Geo., Director of Goldrush, is the Qualified Person for this news release within the meaning of Canadian Securities Administrators' National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical information contained herein.

For further information on Goldrush Resources Ltd., shareholders and other interested parties are invited to visit the Company's website at www.goldrushresources.ca.



"Len Brownlie"

Len Brownlie - President and Chief Executive Officer

Contact Information:

Len Brownlie, President and CEO: [email protected]

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