EURO Ressources S.A. (?EURO?) (TSX: EUR) (Paris: EUR) announces that Golden Star Resources Ltd. (?Golden Star?) (TSX: GSC)(AMEX: GSS) is progressing the exploration and development work on the Paul Isnard concessions and PER (the ?Properties?) held by EURO in French Guiana.

Golden Star has advised EURO that it is reviewing proposals for a scoping study to be followed by a feasibility study on Montagne d'Or, on which an historic resource has been identified on the concession areas. It has already signed contracts for two airborne geophysical surveys, which will commence in July on the Montagne d'Or area and the adjacent PER at Paul Isnard. Rehabilitation of the Citron Camp has commenced, as the camp will be used as a base for exploration on the Properties. A manager has been hired for the project, and Golden Star is advancing plans for drilling and further geological surveys on the Properties.

James H Dunnett, Directeur-Général of EURO, commented: ?We are pleased that Golden Star has begun work on the Paul Isnard Properties and is moving forward with an active exploration program. We are optimistic about Golden Star's initial focus on Montagne d'Or and look forward to further positive updates as the exploration work gets underway.?

Under the March 2007 memorandum of understanding between EURO and Golden Star, Golden Star has undertaken to spend €1,215,000 on the Paul Isnard exploration permit held by EURO and has agreed to complete a feasibility study on at least one project on the Properties within 12 months. Subject to a positive feasibility study, Golden Star will commence commercial production within 30 months and EURO will receive royalty payments from production on the Properties calculated as to 10% on the first 2 million ounces of production and 5% on the next 3 million ounces of production (in both cases multiplied by the Market Price of Gold in excess of $400/ounce) and in the event of commercial production being delayed, Golden Star will pay advance royalties of $1,000,000 per annum.

About EURO

EURO is a French company, presently focused on acquiring and holding royalties and similar interests on operating gold mines. EURO also holds certain gold mineral rights in French Guiana including Paul Isnard, which comprises 8 concessions and a PER over 140 sq. km. EURO has approximately 50.5 million shares outstanding.

Statements Regarding Forward-Looking Information: Some statements contained in this news release are forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. Such statements include comments regarding Golden Star's intentions to move forward on the Paul Isnard Properties. There can be no assurance that future developments affecting the Company will be those anticipated by management.

Not for distribution to United States newswire services or for dissemination in the United States. The securities referred to herein have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from registration.

Additional information relating to EURO Ressources S.A. is available on SEDAR at www.sedar.com.

EURO Ressources S.A.
James H. Dunnett, +1-604-710-2242
Directeur-Général
jhdunnett@aol.com
or
Susanne A. Hermans, +1-303-204-7771
Vice-President Finance
shermans@euroressources.net