Gabriel Resources Ltd.
TSX : GBU

Gabriel Resources Ltd.

November 27, 2007 10:11 ET

Brasov Regional Court of Appeal Annuls Archeological Discharge Certificate No. 4/2004

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2007) - Gabriel Resources Ltd. (TSX:GBU)("Gabriel") stated today that Romania's Brasov regional Court of Appeal rendered its decision to annul archeological discharge certificate no. 4/2004, relating to the Company's Rosia Montana Project.

"We are very disappointed in the decision based on the merits of this case," stated Alan R. Hill, President and CEO. "We must wait to receive the rationale behind this decision before we determine our next steps."

The decision is revocable and may be appealed before the Supreme Court.

About Gabriel

Gabriel is a Canadian based resource company committed to responsible mining and sustainable development in the communities in which it operates. Gabriel is currently engaged in the exploration and development of mineral properties in Romania and is presently engaged in the development of its 80% owned Rosia Montana gold project.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release and the information contained herein.

Contact Information