G4G Resources Ltd.
TSX VENTURE : GXG

G4G Resources Ltd.

March 19, 2008 16:15 ET

G4G Resources Strengthens Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 19, 2008) - G4G Resources Ltd. (TSX VENTURE:GXG) is pleased to announce the addition of Mr. Paul McNaughton, Dr. Peter Pollard and Mr. Tony Wonnacott to the Board of Directors.

Mr. Paul McNaughton has been appointed as an independent director to the board. Mr. McNaughton has over 25 years in the South African coal industry as marketer and trader, beginning with Transvaal Coal Owners Association and later moving on to co-establish Reef Coal Mining, a South African coal mining and trading company, which was sold to MacPhail Ltd in 1988. Mr. McNaughton currently operates a financial consultancy business and has developed many relationships in the South African business community. Over the past few years, Mr. McNaughton has served as a consultant on coal related projects on behalf of investors, the most recent of which has been the IMBS project. Mr. McNaughton holds a B.A. and MBA from Stellenbosch University, South Africa.

Dr. Peter Pollard has over 20 years experience as a consultant in project generation and evaluation principally in iron-oxide copper-gold and porphyry copper-gold deposits worldwide and has published over 55 papers on aspects of copper-gold, tin-tungsten and rare-metal mineralization. He holds Bachelor of Science (Hons) and PhD degrees in geology from James Cook University, Australia and is a member of the Australasian Institute of Mining and Metallurgy and a Fellow of the Society of Economic Geologists. Peter is also a non-executive director of Journey Resources Corporation and Hunter Bay Minerals plc.

G4G Resources is also pleased to announce the appointment of Mr. Tony Wonnacott to the position of Chairman of the Board of Directors. Mr. Wonnacott is a corporate securities lawyer who has been called to the Ontario Bar, completed the Canadian Securities Course, and holds a Bachelor of Commerce (cum laude) and a Bachelor of Law degree. Mr. Wonnacott brings significant experience in the natural resource sector having provided services to a number of publicly listed resource companies, including Desert Sun Mining Corp. Tony has also served as an associate in the corporate finance department at McMillan Binch, LLP.

"The addition of Paul McNaughton, Peter Pollard and Tony Wonnacott to the Board of Directors is a great step forward," stated Peter Arendt, President and Chief Executive Officer of G4G Resources Ltd. "The experience that these individuals bring to G4G Resources will prove to be invaluable as the company advances its joint venture with Iron Mineral Beneficiation Services (IMBS) and begins to identify, evaluate and enter into, additional joint venture partnerships to produce iron ore units in various regions, including North America, South America and Europe."

The appointment of Mr. Wonnacott to Chairman of the Board of Directors follows the resignation of interim Chairman, Basil Botha, who has been retained by the company to act as a Special Advisor to the Board. In addition, Herbert McMaster has resigned as Vice President of G4G Resources' Vancouver Island Project, however, Mr. McMaster will continue with the company as Project Manager, Port Alberni.

The appointment of Mr. McNaughton and Mr. Pollard as members of the Board of Directors follows the resignation of Mr. Jeremy Link and Mr. Craig Williams, who resigned to pursue other business opportunities. The company would like to express appreciation for the efforts that Mr. Link and Mr. Williams put forth in re-positioning G4G Resources to a development company focused on iron production.

About G4G Resources

G4G Resources is a Canadian-based mineral exploration and development company focused on iron ore projects. The company recently (see press release dated March 3, 2008) announced the execution of a Memorandum of Understanding (MOU) with IMBS to establish a joint venture to utilize Finesmelt™ technology, a process which converts superfine iron ore into high quality iron units. In addition, G4G is actively evaluating a number of strategic growth opportunities to create and enhance shareholder value.

Forward-Looking Statement

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to G4G Resources Ltd., please refer to the Company's 2006 Annual Report filed with SEDAR on April 30, 2007.

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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