Dutch Gold Resources, Inc. announced that it has signed a Letter of Intent to joint venture a project in Montana with Trelis Corporation. The company plans to complete a bulk sampling program prior to the execution of final agreements. Trelis Corporation has ten year leases on several parcels formerly known as the Cowan Bar Holdings. These parcels are lying along Grasshopper Creek in Beaverhead County commencing at a point approximately four miles downstream of Bannack, Montana, and continuing downstream to the eastern end of Z Canyon, contiguous except as noted herein. It has been named the "Grasshopper Placer Mining Group" due to its location and the method of mining that will be used to extract gold and other precious metals from the location. The majority of this land, all within the Bannack Mining District, has never been mined, despite the rich history of claims immediately downstream of Bannack.