TORONTO--(Marketwire - May 2, 2011) -

                                                GABRIEL RESOURCES LTD.
                                               1501 - 110 Yonge Street
                                  Toronto ~ Ontario ~ M5C 1T4 ~ Canada
                                       T: 416-955-9200 F: 416-955-4661

For Immediate Release                          TSX Trading Symbol: GBU

      Gabriel Resources to Release First Quarter 2011 Results

Toronto, Ontario, Canada - April 28, 2011: Gabriel Resources announces
that it will release its first quarter results for the period ending
March 31, 2011 before market opening on Thursday, May 5, 2011. No
conference call or webcast is scheduled for the first quarter results.

For further information on this press release, please contact:

Jonathan Henry                    Buchanan Communications
President and Chief Executive     Bobby Morse: 
Officer                           Charles O'Brien
Gabriel Resources Ltd     
Tel: + 44 7798 801783             Tel: +44 20 7466 5000

About Gabriel Resources Ltd ("Gabriel")/ Rosia Montana Gold Corporation
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. 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 estimates from
British-based Oxford Policy Management. The Project will generate
thousands of jobs while observing all Romanian and European Union
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 .

                    This information is provided by RNS
          The company news service from the London Stock Exchange


Contact Information: Contacts: RNS Customer Services 0044-207797-4400