General Minerals Corporation

General Minerals Corporation

August 29, 2005 09:00 ET

General Minerals Corporation Announces Drilling Program Plans at the Malku Khota Silver Project in Bolivia

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 29, 2005) - General Minerals Corporation (TSX:GNM) ("GMC") is pleased to announce that drill pads are being prepared at the Malku Khota silver project in west central Bolivia by SILEX Bolivia S.A., a Bolivian subsidiary of Apex Silver Mines Ltd. (collectively "Apex Silver"). The drill pads are in preparation of a drill program that will consist of up to 2,500 metres of diamond core drilling in up to eleven drill holes. The drilling program may be reduced or expanded depending on the initial results. This initial program will focus on the Limosna Hill area where GMC previously reported a zone of interest with 1.4 kms of strike within the host sandstone unit. Within this zone, samples from within a series of old tunnels averaged 395 gpt silver over 130 metres true width which were reported on June 6, 2005 (see GMC PR05-06).

Drill pads are presently being prepared by Apex Silver and assuming that no difficulties or delays are encountered drilling should commence by mid-September.

Ralph Fitch, President and CEO of GMC, stated "This is a significant exploration event for the Company and we look forward to reporting the results from the drill program. The Company is entering into a very positive and exciting period with the drilling at Malku Khota by Apex commencing next month and the planned drilling over the next several months by Teck Cominco at GMC's Monitor copper-silver project in Arizona, by BHP Billiton at the Company's Dragoon copper-molybdenum project also in Arizona and by Phelps Dodge at GMC's Escalones copper-gold-molybdenum project in Chile."

General Minerals Corporation is an international minerals exploration company focusing its activities in North and South America. The Company has six properties in the US, three in Bolivia and one in Chile. The target mineralization is copper, silver and gold. The Company currently has four properties that are under option to other companies: Malku Khota (Bolivia) with SILEX Bolivia S.A., a Bolivian subsidiary of Apex Silver Mines Ltd.; Escalones (Chile) with the Phelps Dodge Chilean subsidiary, Minera Aurex (Chile) Limitada; Monitor (USA) with Teck Cominco Ltd.; and Dragoon (USA) with BHP Billiton. The Company also assists other groups of entrepreneurial geologists through equity investment to form companies and develop early stage exploration projects with discovery potential. Two of these companies, Foundation Resources Ltd. and Afghan Minerals Inc., were established in 2004 where the primary country focus has been in Mongolia and Afghanistan, respectively.

Certain statements contained herein constitute "forward-looking statements". Forward-looking statements look into the future and provide an opinion as to the effect of certain events and trends on the business. Forward-looking statements may include words such as "plans," "intends," "anticipates," "should," "estimates," "expects," "believes," "indicates," "targeting," "suggests" and similar expressions. These forward-looking statements are based on current expectations and entail various risks and uncertainties. Actual results may materially differ from expectations, if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate. The Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.

SEC 12g3-2(b): 82-34810

Contact Information