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Gold/Mining/Energy : ARUR - American Resources Technologies, Inc. (Bull's Board)

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From: jmhollen	9/28/2005 12:15:03 PM
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Golden Chief Acquires Additional Properties 9/28/2005 12:08:01 PM LEWISVILLE, Texas, Sep 28, 2005 (BUSINESS WIRE) -- Golden Chief Resources, Inc. (Pink Sheets:GCHR) has finalized the acquisition of an oil and gas property located in Chautauqua County, Kansas. The property was acquired for the issuance of common stock and the property consists of existing producing gas wells as well as certain shut-in wells capable of producing oil. Additionally, the Company acquired an undeveloped lease consisting of 160 acres located in Jefferson County, Kansas. This property is a candidate for the drilling of at least two wells to test the McClouth and Burlington-Keokuk formations. The Company expects to arrange for the funds to drill these two wells during the next 60 days. The Company has also completed testing and planning for the resumption of production on the Ownbey and Troyer leases in southeast Kansas. We expect to resume limited production early next month while planning for the implementation of the gas repressurization project on the Ownbey. On Monday, September 27, 2005 the Company filed the remaining 10-Q's for this year. This makes the Company "current" in its filings to the SEC. Our next filing will be the 10-K for the year ending September 30, 2005. We expect to make this filing during December of this year. SOURCE: Golden Chief Resources, Inc. Golden Chief Resources, Inc., Lewisville Mike McIlvain, 972-219-8585 .

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