Goldrich Appoints New Director

                        Goldrich Appoints New Director

PR Newswire

SPOKANE, Wash., April 16, 2013

SPOKANE, Wash., April 16, 2013 /PRNewswire/ --Goldrich Mining Company (OTCBB
- GRMC) ("Goldrich") is pleased to announce the Board of Directors has elected
Michael G. Rasmussen as Director. Dr. Rasmussen will replace Richard Walters,
who retired from the Board.

Dr. Rasmussen has more than 25 years of experience in mining and exploration
in the United States, Canada, Mexico and Peru. Dr. Rasmussen is the Vice
President, Exploration for Mines Management, Inc. and held senior roles at
Echo Bay Mines and Kinross Gold Corporation and Endeavour Silver Corp. He
earned a PhD in Economic Geology from the University of Washington and a
masters degree in geological sciences from Loma Linda University. He is a
member of the Society of Economic Geologists, Geological Society of America,
Northwest Mining Association, and the American Institute of Professional
Geologists. He has conducted exploration extensively throughout Mexico, having
overseen programs in the states of Chihuahua, Durango, Zacatecas, Guanajuato,
San Luis Potosi, and elsewhere throughout the Sierra Madre, as well as having
been responsible for exploration in New Mexico, British Columbia and
Washington State, where he has been credited with the discovery of the Emanuel
Creek epithermal gold deposit for Echo Bay Mines.

Goldrich wishes to thank Mr. Walters for the foresight, creativity, and
leadership he provided to the Company. Mr. Walters was a director of Goldrich
for 10 years, of which 6 years was as CEO and President. During his term as
director, Goldrich expanded its land position at Chandalar from 1,500 to
22,858 acres, identified a world-class stratabound orogenic gold target,
completed drilling to confirm one of the largest placer gold deposits found in
Alaska in recent times and which is still open for expansion in three
directions, and formed a joint-venture that completed construction of a large
placer mine, 8,500 to 10,000 ounces of gold per year with a 13 year mine life,
which will begin production in mid-June 2013. Mr. Walters will be missed on
the Board but will continue as a consultant to Goldrich.

For additional information regarding Goldrich Mining Company or this news
release, contact Mr. William Schara by e-mail at wschara@goldrichmining.com or
by telephone at (509) 768-4468. See Goldrich's website at
www.goldrichmining.com.

Goldrich Mining Company is engaged in the business of the discovery and mining
of gold deposits. This endeavor carries certain risks that are commensurate
with the potential rewards of such efforts. These risks cannot be quantified
and should not be taken lightly.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Such forward looking
statements concern our anticipated results and developments in the Company's
operations in future periods, planned exploration of its properties, plans
related to its business and other matters that may occur in the future. These
statements relate to analyses and other information that are based on
forecasts of future results, estimates of amounts not yet determinable and
assumptions of management.

Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always, using
words or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or "intends", or
stating that certain actions, events or results "may", "could", "would",
"might", "should" or "will" be taken, occur or be achieved) are not statements
of historical fact and may be forward-looking statements. Forward-looking
statements are subject to a variety of known and unknown risks, uncertainties
and other factors which could cause actual events or results to differ from
those expressed or implied by the forward-looking statements, including,
without limitation:

  orisks related to our property being in the exploration stage;
  orisks related our mineral operations being subject to government
    regulation;
  orisks related to our ability to obtain additional capital to develop our
    resources, if any;
  orisks related to mineral exploration activities;
  orisks related to the fluctuation of prices for precious and base metals,
    such as gold, silver and copper;
  orisks related to the competitive industry of mineral exploration;
  orisks related to our title and rights in our mineral property;
  orisks related the possible dilution of our common stock from additional
    financing activities; and
  orisks related to our shares of common stock.

This list is not exhaustive of the factors that may affect our forward-looking
statements.Some of the important risks and uncertainties that could affect
forward-looking statements are discussed in the Company's latest Annual Report
on Form10-K and Quarterly Report on Form10-Q and other documents filed with
the U.S. Securities and Exchange Commission. Should one or more of these risks
or uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those anticipated,
believed, estimated or expected. We caution readers not to place undue
reliance on any such forward-looking statements, which speak only as of the
date made. We disclaim any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after the date
of such statements or to reflect the occurrence of anticipated or
unanticipated events, except as required by law.

CONTACT:
Goldrich Mining Company
Mr. William Schara
wschara@goldrichmining.com
(509) 768-4468
www.goldrichmining.com

SOURCE Goldrich Mining Company

Website: http://www.goldrichmining.com
 
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