SOURCE: Gold & Silver Minerals

March 18, 2008 16:00 ET

G & S Minerals Appoints Edward C. Stanojev Jr. to the Board of Directors

LAS VEGAS, NV--(Marketwire - March 18, 2008) - G & S Minerals, Inc. dba Gold & Silver Minerals (PINKSHEETS: GSML) (FRANKFURT: G9S), a mining company focused on developing high-quality and low-risk mineral resource and energy prospects, today announced that the Company appointed Edward C. Stanojev Jr. to the Board of Directors to succeed Brendan English, who concurrently resigned. Mr. Stanojev was also named Secretary of the Company.

Mr. Stanojev re-joins the Board of Directors after previously serving on the Board in late 2006 through mid 2007. Recently, Mr. Stanojev has consulted to G & S Minerals in connection with the Company's agreement with Mayan Gold. Mr. Stanojev will continue to remain integral to the completion of the transactions with Mayan Gold.

Charles Brown, Chairman of G & S Minerals, remarked: "The Company is extremely pleased to have Mr. Stanojev re-join the Board as an active participant to help lead our aggressive acquisition and asset development plans. Mr. Stanojev consistently displays great vision, commitment, and technical expertise in our core areas of focus. I have personally had the privilege of working with Mr. Stanojev in G & S Minerals' early development period and we are delighted to see Mr. Stanojev return to the Company. We look forward to Mr. Stanojev's active involvement in guiding the Company through a dynamic new phase of the Company's growth. I would also like to express the Company's appreciation for Mr. English's service on the Board."

ABOUT G & S MINERALS, INC.:

G & S Minerals, Inc. (which also does business under the name "Gold & Silver Minerals") is a mining company focused on acquiring and developing high-quality, low-risk mineral resource and energy prospects. G & S Minerals is aggressively pursuing opportunities to develop working interests in mineral properties that offer a short time to production, as well as significant upside exploration potential. In addition, G & S Minerals is investigating opportunities for corporate transactions that will expand the mineral and resource portfolio. By leveraging its network of industry contacts, management expertise, and its targeted acquisitions, G & S Minerals is working to build rapid asset growth, near-term cash flow, and shareholder value. Additional information is available at G & S Minerals' website at www.gold-silverco.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements about the company's development plans and proposed transactions. These statements are subject to numerous assumptions and uncertainties, many of which are outside the company's control. Statements in this document are based on information the company believe to be reasonable, but involve significant uncertainties as to the final structure or consummation of possible transactions, the terms thereof, if any, availability and pricing of financing, mineral prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, construction schedules, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from the company's future acquisitions or dispositions of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    G & S Minerals, Inc.
    NICHOLAS AKERBERG
    702-943-8848