03/05/2004- The Bonnie Zone, Mildred Peak Property

[Franko10 ™]

GOLDEN ARCH RESOURCES LTD.
#928 – 470 Granville Street, Vancouver, BC V6C 1V5 .
Phone: [phone] Fax: [phone]
www.GoldenArchResources.com
GAI: TSX Venture Exemption 12g3 - 2(b)
GARCF: O.T.C SEC File # 82-659
NEWS RELEASE

The Bonnie Zone, Mildred Peak Property

March 5, 2004 - Golden Arch Resources Ltd. is pleased to announce the initial drilling
program is well underway and that recent reconnaissance exploration on its 100%-owned Mildred Peak Property in Pima County, Arizona has identified a new area of potential high-grade gold and copper mineralization (the ‘Bonnie Zone’). Heavily copper-stained, quartz-vein float material in a tributary gulch of Escondido wash was found to assay 6.6 g gold per tonne. This float was traced up to a series of previously unknown old workings that follow a Northeast-trending zone of sulphide mineralized quartz veins and veinlets in a moderately silicified altered zone about 2 to 4 meters wide. The Bonnie Zone has been traced for approximately 400 meters, and is hosted in a package of metamorphosed, silty to sandy sediments of Jurassic age. Silicified boudined foliation parallels copper-stained quartz veins and veinlets up to approximately one meter thick that occur in low-angle structures, possibly vertically stacked shears. At present, the total width of the zone still remains to be determined. Outcropping bedrock in the area occurs sporadically through a thin veneer of residual, or colluvial, material. So far, sampling has been limited to old pits, a caved adit and natural bedrock exposures. Two outcrops sampled have returned the highest values to date, namely 5.01 grams gold per tonne (0.15opt Au) and 9.46 grams gold per tonne (0.28 opt Au).

All samples taken on this new zone (24 in total) to date, are either multi-gram/tonne gold or very anomalous. No modern exploration has been done in this area. To follow up this promising new discovery, a program of systematic backhoe trenching and sampling is planned for the near future.

On behalf of the Board of Directors,
“Richard Somerville”<br>Richard Somerville, P.Eng.
Director and Vice-President, Exploration and Mining