TORONTO--(Marketwire - March 7, 2011) - Gabriel Resources announces that it will release its fourth quarter and year-end results for the period ending December 31, 2010 before market opening on Thursday, March 10, 2011. No conference call or webcast is scheduled for the fourth quarter and year-end results.

About Gabriel Resources Ltd ("Gabriel")/ Rosia Montana Gold Corporation ("RMGC") 
Gabriel is a Canadian-listed resource company engaged in the exploration and development of mineral properties in Romania and is presently in the permitting stage and preparing to develop its 80.46%-owned Rosia Montana gold project (the "Project"). Gabriel is committed to responsible mining and sustainable development in the communities in which it operates. Rosia Montana is expected to bring US$19 billion to Romania as direct and indirect investment according to recent estimates from British-based Oxford Policy Management. The Project will generate thousands of jobs while observing all Romanian and European environmental laws and also helping preserve important historic buildings as well as local cultural heritage. For more information please visit the Company's websites at and

Contact Information:

For further information on this press release, please contact:

Jonathan Henry
President and Chief Executive Officer
Tel: + 44 7798 801783

Buchanan Communications
Bobby Morse / Katharine Sutton

Tel: +44 20 7466 5000