Searchgold Resources Inc.
Searchgold Resources Inc.: 16.39 G/T AU OVER 49.50 M : SEARCHGOLD CUTS A SPECTACULAR GOLD INTERSECTION ON BAKOUDOU IN GABON

Searchgold Resources Inc. / Miscellaneous

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Montreal, September 19th 2007 –  SearchGold Resources Inc. (TSXV:RSG,
FSE:S1O) is pleased to provide an update on the drilling campaign currently
underway on its Bakoudou-Magnima Gold Project located in Gabon, Africa.

Hole BA-06-36, drilled at the south eastern extremity of Zone A on
Bakoudou, intersected a spectacular mineralized interval :

16.39 g/t Au over 49.50 m from 133.00 m to 182.50 m

This intersection comprises the following high grade mineralized intercepts
:

  - 176.10 g/t Au over 1.00 m from 142.00 to 143.00 m 

  - 55.41 g/t Au over 1.00 m from 151.00 to 152.00 m 

  - 72.30 g/t Au over 2.00 m from 178.00 to 180.00 m 

The drill hole was executed to test the extension of Bakoudou’s Zone A
south of an east-north-east trending fault offsetting the mineralized body.
This hole confirms the continuity of the mineralization south of this fault
and allows new development perspectives to be considered for the project.
Equally significant, the mineralized interval was intersected in fresh rock
clearly establishing the continuity of the mineralization at depth beyond
the oxide zone.

Two additional drill holes, BA-06-37 and BA-06-38, have intersected the
mineralized structure south of the east-north-east trending fault and
visible gold has also been observed in both instances. Samples of the
mineralized zones intersected in these two holes are presently being
analyzed.

Philippe Giaro, President and CEO, stated 'This remarkable hole results
from systematic investigations and highlights the quality of the Bakoudou
project and of the technical teams in place. This intersection in fresh
rock totally changes the scope of project by confirming in a spectacular
way the rooting of the mineralization in the sulfide zone on very important
widths. It now appears more and more probable that the oxide part of Zone A
would be the starting point of a mining operation with the opportunity to
extend its mine life with the fresh rock mineralization.'

Visible gold has been observed in hole BA-06-36 and the grade is generally
well distributed over the 49.5 m mineralized interval as demonstrated by
the following table presenting the individual values obtained.


From   To    Interval  Grade         From    To      Interval  Grade
(m)    (m)   (m)       (g/t Au)      (m)     (m)     (m)       (g/t Au)
133    134   1         0.43          158     159     1         1.12
134    135   1         1.13          159     160     1         1.64
135    136   1         4.15          160     161     1         0.80
136    137   1         0.10          161     162     1         14.60
137    138   1         8.64          162     163     1         6.42
138    139   1         2.27          163     164     1         35.49
139    140   1         0.02          164     165     1         9.53
140    141   1         0.40          165     166     1         13.78
141    142   1         0.40          166     167     1         2.98
142    143   1         176.10        167     168     1         22.15
143    144   1         14.15         168     169     1         4.48
144    145   1         15.70         169     170     1         8.70
145    146   1         12.60         170     171     1         3.78
146    147   1         4.27          171     172     1         1.55
147    148   1         16.82         172     173     1         30.10
148    149   1         22.35         173     174     1         8.73
149    150   1         16.40         174     175     1         25.03
150    151   1         15.20         175     176     1         2.42
151    152   1         55.41         176     177     1         0.17
152    153   1         18.60         177     178     1         5.70
153    154   1         35.81         178     179     1         59.08
154    155   1         2.78          179     180     1         85.52
155    156   1         14.09         180     180.5   0.5       13.46
156    157   1         10.62         180.5   181.5   1         0.79
157    158   1         9.60          181.5   182.5   1         1.86



No cut-off grade was applied in the calculation of the above intersection
as an exact cut-off grade will be determined from final project statistical
evaluations. When a cut-off grade of 35.00 g/t Au is applied, the
mineralized interval shows a grade of 11.62 g/t Au over 49.50 m. Moreover,
the grades presented in the table above and used in the calculation of the
mineralized intercept are based on the individual average for each sample;
such averages comprising the initial assay as well as all control
duplicates executed by the laboratory.

Hole BA-06-36 has been drilled with a south-east azimuth in order to
intersect the east-north-east trending fault at 90  while cutting the
mineralized structures at the highest possible angle. The mineralized
intercept does not however represent a true width.

Individual samples weighting 3kg on average are taken from sawn half core
at +/- 1 meter intervals in the mineralized zones with consideration of the
geological contacts. A rigorous QA/QC program involves the random inclusion
of 10% standards, duplicates and blanks at the sample collection and
preparation stage. The samples are flown to the ALS laboratory in Mali for
analysis by fire assay on 50g pulp samples. The sample preparation
procedure involves the crushing of the entire 3kg sample followed by
quartering to obtain a representative 500g sample which is entirely
pulverized and out of which a 50g sample is isolated for analysis by fire
assay.

The program is being executed by Managem, and all drill core is
photographed, logged and sampled under the supervision of Mr. Benyounes
Maamar, P. Geol. Philippe Giaro, P.Geol., President and CEO of SearchGold
Resources Inc. and Qualified Person for SearchGold, has reviewed and
approved the content of this release.

In July 2005, SearchGold signed a strategic $4,200,000 joint venture
agreement on the Bakoudou-Magnima Gold Project with Managem, a successful,
established African-based mining company (www.managem-ona.com). Through its
subsidiaries, Managem operates 6 mines in Morocco and was also involved in
the development of two gold mines in West Africa.

In June 2007, SearchGold announced the appointment of SRK Consulting
(Canada) Inc. (« SRK ») for an engineering mandate concerning the
assistance for the development of the on-going feasibility study on Zone A.
A first site visit by SRK and SearchGold’s management was executed in early
June 2007 in Gabon and Morocco.

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
and in Canada. The expansion strategy executed in 2006 set the stage for
the Company’s development in 2007 that involves increasing activity on the
new blue-sky properties and the advanced projects as well as some potential
acquisitions.



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19.09.2007  Financial News transmitted by DGAP
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