GMR Global Mineral Resources Corp.
FRANKFURT : GLLN

GMR Global Mineral Resources Corp.

August 22, 2011 00:00 ET

GMR Global Mineral Resources Corp. Retains Michael J. Linn B.Sc. from 1988 Red Elephant Gold Exploration Program

TORONTO, ONTARIO--(Marketwire - Aug. 22, 2011) - GMR Global Mineral Resources Corp. (FRANKFURT:GLLN), a Canadian-based mining company trading on the Frankfurt Stock Exchange under Symbol GLLN, is pleased to announce the company has engaged the services of Mr. Michael J. Linn, B.Sc., to assist with geological work on the company's gold properties located in the Slocan Mining District.

Mr. Linn has over 40 years of experience in the mining industry, having graduated in 1970 from the University of British Columbia with a B.Sc. Honors Geology. He has conducted extensive groundwork in the past that and his reports have been used by certified geologists to compile NI 43-101 reports.

Michael Linn B.Sc. has performed previous work on the Red Elephant property, participating in early drilling and exploration programs in 1988. At the time, samples taken from the shaft showed results ranging from 2 – 12 ounces of gold per tonne. Mr. Linn's intimate knowledge of the Red Elephant property, and the entire Slocan Valley mining region, will allow GMR to expedite the exploration and mining of the property.

Mr. Linn has worked on and is familiar with Canadian mining properties in British Columbia, Northwest and the Yukon Territories. Mr. Linn has supervised teams of up to 22 underground workers. His primary responsibilities were to start and operate mines for Dyna Resources, a Texas-based private mining company specializing in revitalizing past producing mines, where he successfully oversaw operations.

GMR's management team believes Mr. Linn's intimate knowledge of the Red Elephant gold property, and his familiarity with the Slocan District's geology will assist in the company's ability to enhance shareholder value and expedite the company's goal of undertaking a comprehensive drilling and mining program on its properties in British Columbia, Canada. By engaging Mr. Linn, GMR plans to fully explore the Red Elephant gold property, by using his familiarity and experience with the area. The company will then mill the known resources.

About GMR Global Mineral Resources

GMR Global Mineral Resources Corp. is in the business of commercializing gold and silver bearing properties that had been active mines in the past but were not fully exploited. The properties are located in British Columbia, Canada and are grouped into strategic key areas giving GMR Global Mineral Resources significant claims over lands the provincial mining authority has identified as an area that can be expected to meet previous production records.

About the Red Elephant Property

Located in the Slocan Mining District in British Columbia, the Red Elephant gold property is a high-grade gold deposit. The property contains 26,463 tonnes with an expected grade of 40.8 grams per tonne gold and 36.3 grams per tonne of silver, as evidenced by the documentation supplied to the BC Ministry of Mining in 1989 filings by Roper Lake Resources. This converts to approximately 35,000 ounces of gold and 30,500 ounces of silver. By current figures, the approximate value of gold on the Red Elephant mining property is $60 million USD, while the silver deposit has an approximate value of $1 million. The property was extensively explored in the late 1980's, showing potential for large, very high-grade gold resources. Exploration and development was discontinued in 1989 due to the low price of gold at the time.

In addition to the Red Elephant, regions around the gold property have shown indications of large, high-grade gold deposits. Further exploration at a later date will determine the approximate gold values of regions surrounding the Red Elephant.

For additional information about the Red Elephant property, see the GMR press release dated March 21, 2011, or visit the website www.globalmineralresources.com.

Safe Harbor

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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