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La Fortuna Gold Project: Second Drill Rig Added

February 11, 2010

February 11, 2010, - Vancouver - Golden Peaks Resources Ltd. (TSX: GL) (the "Company") is very pleased to report that a second drill rig has been mobilized to test gold targets at the Company's La Fortuna Gold Project, Chubut Province, Argentina.

The second rig allows the Company to accelerate drilling with the objectives of: 1) expanding known high-grade gold zones, and 2) testing new untested gold targets identified nearby.

Media Information, contact:
Scott Emerson, Chairman and Director
SE@goldenpeaks.com

Investor Information, contact:
Mike Kordysz, Investor Communications
MK@goldenpeaks.com

The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

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