SOURCE: Gold & Silver Minerals, Inc.

September 22, 2006 12:45 ET

Gold & Silver Minerals, Inc. Denounces Spamming Campaign

LAS VEGAS, NV -- (MARKET WIRE) -- September 22, 2006 -- Gold & Silver Minerals (PINKSHEETS: HBID) (the "Company") has become aware of an unauthorized spamming campaign involving its stock. The Company is in no way affiliated with this program and does not endorse any of the statements being made, as there is no accuracy in the content of the emails. Management is taking every necessary step to rectify the spamming activity, but also to identify the source. The Company apologizes to anyone who has received the spam messages and asks that you do not rely upon them to assess the company or its employees.

About Gold & Silver Minerals

Gold & Silver Minerals, Inc. is a company that focuses on growing its assets and revenue base in the area of production and exploration of minerals. Areas of interest include, but not limited to, Gold, Silver, Uranium, Coal, Oil and Gas. We believe that these sectors hold the most promise for market interest, asset, growth and near term cash flow, with underlying fundamentals that provide an outlook for stable to growing product prices. Gold & Silver Minerals trades on the OTCPK as "HBID." For additional information, please visit www.gold-silverco.com

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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