RSG Searchgold Resources Inc.

SearchGold Resources Inc. (TSX VENTURE:RSG) (FRANKFURT:S1O) is pleased to
announce the acquisition of a third exploration permit for gold in Burkina Faso
in West Africa. With this new permit known as Zitenga II, SearchGold now
controls 636 km2 in Burkina Faso, a country very prospective for gold
characterized by the presence of birimian greenstone belts recognized for their
auriferous potential.


SearchGold President and CEO Philippe Giaro stated, "This acquisition confirms
SearchGold's intention to increase its presence in West Africa, through
strengthening the development of exploration activities. The new property
provides the Company with access to favourable rock sequences and will be
developed in parallel with the advancement of the Bakoudou gold project in
Gabon, a partnership between Managem and SearchGold."


Directly accessible by road, Zitenga II's surface area is 184 km2, located
approximately 40 km northeast of Ouagadougou, Burkina Faso's capital (see
attached figure 1: http://media3.marketwire.com/docs/rsg_fig1.pdf .


This third permit, obtained through direct application to the Ministry of Mines
of Burkina Faso provides SearchGold 100% interest here; interests in the Dou and
Taouremba properties are likewise 100%.


SearchGold's Zitenga II permit is located at the eastern extremity of a gold
rich sequence host to the Kalsaka deposit, owned by Cluff Gold and with a NI
43-101 compliant proven and probable reserves of 0.3 Moz Au : 5.1 Mt @ 2.00 g/t
Au; measured resources of 0.3 Moz Au : 6.2 Mt @ 1.70 g/t Au; indicated resources
of 0.3 Moz Au : 5.9 Mt @ 1.5 g/t Au (see attached figure 2:
http://media3.marketwire.com/docs/rsg_fig2.pdf .


West Africa, and specifically Burkina Faso, is recognized for its gold
potential. High River Gold Mines Ltd., for example, commenced production from
the Taparko gold deposit in July 2007 (proven and probable reserves of 1.4 Moz
Au: 15.4 Mt @ 2.90 g/t Au). Three more recently outlined gold deposits are
Etruscan Resources Inc.'s Youga deposit; Semafo Inc.'s Mana deposit and Wega
Mining Inc.'s Inata deposit. Furthermore, other historically renowned regions
such as the Poura mine (previously government operated before closing in 1999),
produced over 800,000 ounces of gold, confirming the country's potential.


A recent property visit to Zitenga II confirmed that the property straddles the
volcanic-granite contact (see attached figure 3:
http://media3.marketwire.com/docs/rsg_fig3.pdf . Several geochemistry stream
samples have returned anomalous values and all potential structures will be
systematically investigated.


Detailed geological maps of the Company's previously acquired Dou and Taouremba
permits (see news release dated June 26, 2008) are shown in figure 4:
http://media3.marketwire.com/docs/rsg_fig4.pdf .


About SearchGold Resources Inc.

SearchGold Resources is a Canadian-based mining exploration company whose
primary mission is to target, explore and develop gold deposits in Africa. The
expansion strategy executed in 2006 has set the stage for the Company's
development in 2007 through increased activity on the advanced projects, a new
acquisition and the segmentation of its activities to unlock value for its
shareholders. SearchGold's diamond assets were re-organized along with Mano
River Resources Inc., to create an integrated diamond company called Stellar
Diamonds Limited of which SearchGold holds 2.7 million shares. SearchGold's
Canadian gold assets were also re-organized through the creation of Golden Share
Mining Corporation (GSH-TSXV), a dynamic junior exploration company focused on
gold exploration in Canada. In 2008, SearchGold has been advancing its gold
projects primarily in Gabon and adding exploration assets in Burkina Faso.
Shares of SearchGold Resources Inc. are listed for trading on the TSX Venture
Exchange as "RSG"; and the Frankfurt Stock Exchange as "S1O".


If you would like to receive press releases via e-mail please contact:
info@searchgold.ca.

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