CARSON CITY, Nev., March 14, 2012 /PRNewswire/ -- Drake Gold Resources (OTC Markets: DKGR ) is pleased to announce that it has completed all required financial and disclosure statement filings with OTC Markets Group and, as a result, has obtained the OTC Pink Current Information Tier status.

"Meeting this objective was a critical precursor in the transition of new management and the rolling out of new acquisitions. Management is excited to introduce our financing partner as well as producing oil & gas assets which will conclude our final objective for this phase of the company," stated CEO Bob Jackson.

The OTC Filings can be viewed here: http://www.otcmarkets.com/stock/DKGR/financials

Management is also pleased to announce that a CEO interview has been scheduled for March 16, 2012 @ 11 AM EDT with StockPlaysOnline, an internet-based investment group.

Shareholders and interested investors are welcomed to attend the interview by logging into the StockPlaysOnline website here: http://www.stockplaysonline.com/visichat/

Founded in 2009, StockPlaysOnline has become the go to penny stock forum and stock chat room for investors and trading enthusiasts alike. StockPlaysOnline strives to be a leading community for the discussion and advice of small cap stocks. Inside you'll find some of the best-known Penny Stock Experts online. http://www.stockplaysonline.com/

For any inquires please contact Drake's Investor Relations at phone: 530-405-3547 or email: IR@Drakegold.com .

Please read the Forward Looking Statements & Risk Factors: http://DrakeGold.com/Risk_Factors