Mr. Allan Bezanson reports

GOLD DIGGER ANNOUNCES NEW PRIVATE PLACEMENT, START OF FIRST FIELD PROGRAMS AND ADVISORY AGREEMENT

Gold Digger Resources Inc. has arranged a non-brokered private placement of up to 10 million units of the company at a price of 35 cents per unit for gross proceeds of up to $3.5-million. Each unit will consist of one common share of the company and one-half common share purchase warrant. Each warrant will entitle the holder to purchase one share at a price of 50 cents for a period of 24 months from the closing date of the offering.

The proceeds of the offering will be used for the company's proposed field program at its Botswana property, as described herein, and for general working capital purposes.

All securities to be issued pursuant to the offering will be subject to a statutory four-month-and-one-day hold period. Finders' fees may be payable in connection with the offering, all in accordance with the policies of the Canadian Securities Exchange (CSE).

Field program update

Gold Digger has completed its previously announced acquisition of Premium Uranium Corp. and is now getting ready to conduct its first field programs. The company will attend the Indaba mining conference in Cape Town during the first week of February and will subsequently be sending its first team down to Botswana to start work on the company's seven uranium licences located in Letlhakane, within one of the world's most prospective uranium basins. To the company's knowledge, it is the first company exploring this basin for the possibility of in situ recovery (ISR) extraction of uranium. The company's technical team has undertaken an exploration methodology that takes into consideration the cost benefit of ISR extraction versus conventional mining, as well as the capital expenditure reduction in bringing to light an ISR project versus open-pit or underground mining operations.

Upcoming fieldwork will include:

• A geophysical program designed to detect uranium mineralization within the target sandstone formation;
• The twinning of historical holes drilled by Anglo America that had intersected the sandstone formation;
• Subject the cores to permeability testing and technology application to increase the permeability of the sandstone horizon through electric pulse.

Advisory agreement

The company has entered into an advisory agreement with Canaccord Genuity Corp., pursuant to which Canaccord will act as financial adviser to the company.

About Gold Digger Resources Inc.

Gold Digger Resources is an early-stage mineral resource exploration company. The company's material property is currently the Regnault project, consisting of 71 contiguous mineral claims covering an area of approximately 3,678 hectares located north-northeast of Chibougamau in the province of Quebec. The company also holds, indirectly through its subsidiary, a 100-per-cent interest in a mineral property comprising several prospecting licences in Botswana.

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