Dutch Gold Resources Provides Update on Business Combination and Potential Acquisitions

ATLANTA, GA, Aug 17 (MARKET WIRE) --
Dutch Gold Resources, Inc. (PINKSHEETS: DGRI) today updated shareholders
on recent progress towards executing its previously announced four step
strategy focused on increasing shareholder value.

Daniel Hollis, CEO of Dutch Gold Resources, stated, "We continue to make
progress on the acquisition front as well as the expansion of our current
asset base. We expect our previously commissioned NI 43-101 will be ready
for release prior to Labor Day and we have made positive progress towards
the closing of the Aultra Gold, Inc. (OTCBB: AGDI) transaction. In
addition, we have recently concluded due diligence on several Nevada
properties. We anticipate concluding additional property acquisitions this
quarter."

Mr. Hollis further stated, "We continue to work diligently with the Aultra
Gold management team in anticipation of the consummation of our previously
announced combination. Together we intend to file an Information Statement
with the Securities Exchange Commission this month in anticipation of
shareholder approval. The transaction, scheduled to close in
mid-September, is expected allow the combined company to trade on the
Over the Counter Bulletin Board (OTCBB)."

Mr. Rauno Perttu, CEO of Aultra Gold, Inc. commented on the results of
property due diligence, "While we have jointly decided to pass on the Long
Canyon projects, the Companies are quite enthusiastic about a number of
Nevada opportunities that we hope to bring to conclusion in the next sixty
days. As a result of the financing challenges facing many junior gold
explorers, we continue to gain access to some uniquely high potential
projects that we believe have substantial upside development
possibilities. Lastly, we are cautiously optimistic that the Basin Gulch
update will be positive and that we can begin additional exploration and
development work this fall."

About Dutch Gold Resources, Inc.

Dutch Gold Resources, Inc. is engaged in the production and development of
gold reserves in North America. The company's strategy is to focus on
overlooked resources that can be quickly and cost-efficiently brought into
production, and to seek out potentially significant exploration targets in
high value geographies. The Company currently owns the Gold Bug Mine and
leases the Benton Mine in Southwestern Oregon, DGRI management has strong
experience in mergers and acquisitions, as well as corporate finance.

About Aultra Gold, Inc.

Aultra Gold, Inc. (AGI) has been formed to become one of the leading
exploration, development and acquisition gold companies in North America.
Our objective is to focus on low-risk and proven reserves that will be
economical and profitable for the shareholders of AGI. Its current assets
include Basin Gulch and Jungo, and management includes professional
geologists and production experience.

Forward-Looking Statements

Certain statements in this release, and other written or oral statements
made by the company, including the use of the words "expect,"
"anticipate," "estimate," "project," "forecast," "outlook," "target,"
"objective," "plan," "goal," "pursue," "on track," and similar
expressions, are "forward-looking statements" and are subject to known
and unknown risks, uncertainties and other factors that may cause actual
results, performance, or achievements of the company to be different from
those expressed or implied. The company assumes no obligation and does
not intend to update these forward-looking statements.

Contact:
David K. Waldman
Klea K. Theoharis
Crescendo Communications, LLC
(212) 671-1020

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