May 27, 2005 – Golden Arch Resources Ltd. (the ‘Company’) is pleased to announce the acquisition of the Ingetrol, Prospector Plus MD diamond drill and the ‘2005’ mineral drill program designated for the ‘Mildred Peak Property’ is proceeding as per schedule.
Planning for further exploration and development of the ‘TOLDYASO Property’, under the supervision of Mr. Richard Somerville, P. Eng., the companies Qualified Person under National Instrument 43-101, is in discussion and news will be released as progress and results are attained.
The ‘Company’ regrets to inform the public and investors, the Private Placement announced March 3, 2005 by the ‘Company’ for 9,425,000 Units at $0.20 per Unit, due to unforeseen and unavoidable circumstances, will be cancelled.
On behalf of the Board of Directors of Golden Arch Resources Ltd.
"Les Kjosness" President
There is only one way to happiness, and that is to cease worrying things which are beyond the power of our will.