Galore Resources Inc.

Galore Resources Inc.

July 10, 2008 09:30 ET

Galore Launches $3 Million CDN Program on Taseko Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 10, 2008) - Galore Resources Inc. (TSX VENTURE:GRI) announces the commencement of a CDN $3 million exploration program to include 5,000 meters of drilling on its 48,000 plus hectare copper gold-molybdenum project, located in the Taseko Lakes area, southwest of Williams Lake B.C.

The program is being directed by Equity Engineering, a leading mining and exploration firm with global recognition and experience. A 20 person camp is completed with activity scheduled through to the end of September. The initial phase of the program includes reconnaissance-scale geological mapping and sampling over numerous prospective areas.

Based on previous testing and results, drill targets have been identified. A compilation of previous exploration data identified the Hub, Northwest Copper and the Wilson Ridge areas as the primary drill targets. The Hub target will be the first area to be drilled. The drill program is designed to test for a possible extension of porphyry-style copper and molybdenum mineralization along the southern margin of the Hub intrusive body, delineated from the airborne geophysical survey, carried out in 2007.

The 5,000 meter drill program is scheduled to commence July 15 starting with two drill holes at the Hub showing. Following the Hub, the drill will move to the Northwest Copper area, prior to moving to the eastern side of the property, near Wilson Ridge. Wilson Ridge area is defined by the largest copper-moly anomaly on the property.

Galore's property is located 15 km north of the Taseko Mines' Prosperity project which is believed to be Canada's largest undeveloped copper-gold project. The Ministry of Environment of British Columbia recently announced progress under provisions of the Environment Assessment Act with an environmental assessment review of Taseko's proposed $800M Prosperity gold-copper mine.

Galore is a British Columbia based exploration company that has assembled a leading group of industry professionals to acquire and explore promising ore deposits with an emphasis in Mexico and British Columbia. Galore shares trade on the TSX Venture Exchange under the Symbol GRI.

For more information on Galore Resources Inc. visit our website at:


Ray D. Torresan, Chief Executive Officer

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. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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