TORONTO--(Marketwire - Jul 14, 2011) -
For Immediate Release 14 July 2011 Gabriel Resources Ltd Grant of Archaeological Discharge Certificate Toronto, Ontario, Canada - July 14, 2011: Gabriel Resources Ltd. ("Gabriel" or "the Company") announces that it has been granted an archaeological discharge certificate for the Carnic open pit at the Company's Rosia Montana gold and silver project ("Project"), located in Romania. The Company continues to work with the Romanian Government to ensure the Project is fully permitted within the laws of Romania and the European Union. Gabriel will report further on its progress with respect to the permitting approval process in its second quarter results announcement on or around August 3, 2011. Jonathan Henry commented: "The granting of the archaeological discharge certificate for Carnic is a significant step to receipt of other key permits and approvals required to advance the Rosia Montana gold and silver project, which will deliver much-needed economic development and employment to the region as well as to Romania." For further information on this press release, please contact: Jonathan Henry Bobby Morse President and Chief Executive Officer Buchanan Gabriel Resources Ltd Tel: +44 20 7466 5000 Mobile: +44 7798 801783 Mobile: +44 7802 875227 bobbym@buchanan.uk.com About Gabriel 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 Project ("Project"). Gabriel is committed to responsible mining and sustainable development in the communities in which it operates. The Project is anticipated to bring US$19 billion to Romania as potential direct and indirect investment according to 2010 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 www.gabrielresources.com and www.rmgc.ro . This information is provided by RNS The company news service from the London Stock Exchange END
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