GMR Global Mineral Resources Corp.
FRANKFURT : GLLN

GMR Global Mineral Resources Corp.

March 08, 2012 12:04 ET

GMR Global Mineral Resources Corp. Receives Assays Up to 39.4 g/t Gold for Rock Samples Recovered from Red Elephant Property

TORONTO, ONTARIO--(Marketwire - March 8, 2012) - GMR Global Mineral Resources Corp. (FRANKFURT:GLLN) is pleased to announce that it has received assays from ACME Analytical Laboratories (Vancouver) Ltd. for seventeen samples recovered during the summer 2011 sampling program completed on the Red Elephant property.

Three of the five rock samples collected from the main Red Elephant zone returned assay values ranging from 21.6 to 39.4 grams per tonne.

Two other samples collected from the same zone contained values of 2542 and 7546 ppb gold. Samples collected from the Red Elephant zone contained assayed values ranging from 0.17 to 0.34% copper. Samples collected from the Wild Bill lead-zinc-silver vein contain assay values of 19.48% Zn and 19.15% Pb in one sample and 17.33% Zn and 1.46% Pb in a second sample. A third sample assayed 5.31% Zn. These samples were taken across a width of 1.0 metre.

Prior to the summer 2011 sampling program, GMR completed extensive improvements and maintenance on approximately 24km of Healy Creek Road leading to the Red Elephant property.

Stephen B. Butrenchuk, P. Geol., is the Qualified Person who has reviewed the technical data and approved it for release.

About GMR Global Mineral Resources Corp.

GMR Global Mineral Resources Corp. (GMR) (FRANKFURT:GLLN) is a Canadian-based resource, exploration and development company that primarily redevelops past-producing gold and silver mining properties. GMR focuses on properties that were not fully exploited due to old technology or weak precious metal prices. By implementing modern exploration and extraction methods, GMR's strategy is to profitably revitalize these mines. GMR is a significant holder of mineral tenures in British Columbia, Canada, most of which are past-producing gold or silver properties. For additional information on the company and its properties, please visit www.globalmineralresources.com.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

Certain statements above constitute forward-looking statements with respect to GMR Global Mineral Resources Corp. and affiliated companies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.

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