General Minerals Corporation
TSX : GNM

General Minerals Corporation

March 30, 2007 16:58 ET

General Minerals Corporation Files Fiscal 2006 Annual Financial Statements and Three NI 43-101 Technical Reports

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 30, 2007) - General Minerals Corporation (the "Company")(TSX:GNM) reports that it has released its audited financial statements for the year ended December 31, 2006 and the related management's discussion and analysis of financial position and results of operations ("MD&A"). The Company has also filed its annual information form in respect of the year ended December 31, 2006.

The Company continues to be in a strong financial position with cash as at December 31, 2006 of $7.4 million.

In addition, the Company currently owns and controls 8.6 million shares of South American Silver Corp., a company listed on the TSX Exchange.

The Company has also completed and filed three National Instrument 43-101 - Standards of Disclosure for Mineral Projects technical reports on properties in the United States and Mexico. Reports have been completed on the Monitor copper-silver property located in Pinal County, Arizona, on the Gold Lake copper-molybdenum-gold property located in Grant County, New Mexico and on the Canasta Dorada gold property located near Caborca, Sonora, Mexico.

Copies of the audited annual financial statements, related MD&A, annual information form and technical reports can be found on SEDAR at www.SEDAR.com.

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

Contact Information

  • General Minerals Corporation
    William Filtness
    Chief Financial Officer
    (604) 684-0693
    (604) 684-0642 (FAX)
    Website: www.generalminerals.com