Staccato Gold Resources Ltd. (TSX VENTURE:CAT) provides the following update
regarding the Company's South Eureka property in Nevada. The South Eureka
property is comprised of several projects including the Lookout Mountain project
(refer to Technical Report and Gold Resource Estimate for the South Eureka
District Property, January 15, 2007 filed on SEDAR).


Scoping Study

Staccato retained SRK Consulting U.S. Inc. (SRK) to complete a preliminary
economic scoping study of the Lookout Mountain project in 2007. The study was
not completed when it became evident that more technical data was needed to
assess the economics of the project, and that SRK had issues with some of the
methodology used in the 2007 resource estimate. Specifically, SRK identified
that grade shells were not used appropriately to limit tons and grade
estimation. In addition, SRK is of the opinion that insufficient geological
constraints were employed in the resource estimation which could lead to
inflated numbers. SRK also believes the density values used in the tonnage
calculations were too high, and that in its opinion, additional density
determinations are required to improve tonnage calculations in the Lookout
Mountain resource estimate.


Technical Work Program

To address the issues noted above, Staccato has initiated a comprehensive work
program to improve the understanding of the technical aspects of the project.
The program, which is expected to run through 2008 and 2009, will include
geologic modeling that will incorporate structural and stratigraphic controls to
mineralization, additional density determinations, further exploration drilling,
and metallurgical test work. The results of this work will be incorporated into
an updated resource estimate for the Lookout Mountain project. Two independent
consultants will be retained to complete the updated resource estimate. Staccato
expects to reactivate the scoping study following completion of the technical
work program.


Exploration

Staccato is currently planning the 2008/09 exploration program at South Eureka,
with details expected in the coming weeks. Staccato is of the opinion that the
South Eureka property has excellent exploration upside both at the deposit scale
and on the regional scale. The current Lookout Mountain resource is defined over
a relatively small area at the north end of a mineralized structural corridor
that extends for several thousand feet across the property, and up to 2.5 to 3
miles in strike length. This structure hosts several areas of drill indicated
mineralization and the exploration potential in this corridor is strong, as
evidenced by historic drilling, and soil and rock geochemical analyses. The
Lookout Mountain mineralization itself is open for expansion at depth and along
strike, especially to the south. Regionally several other target areas also
exist where historic production and exploration have occurred, but only limited
systematic exploration has been conducted.


This press release was reviewed by Gary Edmondo, M.Sc. Geology, who is
Staccato's Senior Exploration Manager, and a Qualified Person as defined by
National Instrument 43-101 of the Canadian Securities Administrators.


On behalf of the Board of Directors

STACCATO GOLD RESOURCES LTD.

Grant Ewing, President & CEO, Director

About Staccato Gold Resources Ltd: Staccato Gold is a well funded junior gold
exploration company with resources and advanced stage exploration assets located
exclusively in Nevada. The Company has assembled a portfolio of five highly
prospective gold prospects in the dominant gold trends in Nevada.


Statements in this press release other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, are forward-looking statements. Forward-looking statements are
based on numerous assumptions and are subject to all of the risks and
uncertainties inherent in the Company's business, including risks inherent in
resource exploration and development. As a result, actual results may vary
materially from those described in the forward-looking statements.
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