Gabriel Resources Ltd: Grant of Archaeological Discharge Certificate

TORONTO -- (Marketwire) -- 07/14/11 --
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
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