Galore Resources Inc.
TSX VENTURE : GRI

Galore Resources Inc.

April 16, 2012 10:00 ET

Galore Appoints Al Fabbro and Charles Troup as Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 16, 2012) - Galore Resources Inc. (TSX VENTURE:GRI) is pleased to announce the appointment of Mr. Al Fabbro and Mr. Charles Troup to the Company's Board of Directors. Mr. Fabbro has more than 30 years experience in finance and mining while Mr. Troup has over 25 years of successful experience investing and managing a diverse portfolio in the mining and oil and gas sectors.

Mr. Fabbro was twelve years with Yorkton Securities as head of the retail trading department and Natural Resource group and over ten years as an investment advisor with Cannacord Capital specializing in the natural resource sector. Mr. Fabbro has served on a number of boards including Roxgold Inc., which recently made a significant gold discovery. Mr. Fabbro, formerly on Galore's advisory board, has accepted the appointment of a more active role as a Director.

Mr. Troup has been investing and managing a large mining focused portfolio for 25 years. Mr. Troup, based in Texas, is a successful investor with a background in finance and business.

"Mr. Troup and Mr. Fabbro have been strong supporters, shareholders and advisors to Galore for a number of years. We are excited to add Mr. Troup and Mr. Fabbro's combined business knowledge of the mining, finance and investment sectors to our Board", said Michael Byrne, President of Galore.

The company also announces Dr. Bill Bird Ph. D. P. Geo. has resigned from the Board of Directors and has moved to Galore's advisory Board.

Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professionals to acquire and explore for promising deposits in Mexico and Canada. Galore's 15,000 plus hectare Dos Santos project is located in the historic Concepcion del Oro district of Zacatecas State, Mexico. The Dos Santos property is host to several promising gold targets, adjoins Goldcorp's Camino Rojo Gold discovery and is 35 kilometers southeast of Goldcorp's massive Peñasquito mine. Galore recently announced promising gold results identified in an exploration program and the company has confirmed El Álamo as its main target for this next phase of exploration. For more information visit www.galoreresources.com.

Michael Byrne, President

Cautionary Note Regarding Forward-Looking Information: The Company expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at your own risk and without liability to the company. The information contained herein is not, and under no circumstances is to be construed as either a public or a private offer or solicitation to purchase securities in the capital stock of Galore Resources Inc. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the company. No securities commission or similar regulatory authority has passed on the merits of or reviewed the information contained herein.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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