GobiMin Inc.

GobiMin Inc.

September 18, 2007 09:45 ET

GobiMin Comments on Unusual Market Activity

TORONTO, CANADA--(Marketwire - Sept. 18, 2007) - GobiMin Inc. (TSX VENTURE:GMN)(the "Company") has noted the recent decrease in the share price on its stock. The Company is not aware of any matter or development that is or may be related to such decrease. The Company also confirms that to the best of its knowledge, there is no material adverse change to the affairs of the Company and/or material adverse effect on its cash position. The operations of the Company are progressing as planned and the management is pleased with such results.

The Company is continuing the aggressive development of the major sulphide nickel/copper deposit Yellow Mountain since obtaining in September from the government the necessary production permits.

About GobiMin Inc.

GobiMin Inc. is a junior mining company with nickel sulphide operations and development properties in northwestern China. The Company controls three concessions, within a 10-kilometre radius, totaling 455 hectares. In operation since 1999, the Company currently mines two underground mines (Yellow Mountain East and Xiangshan) and is also currently developing a major sulphide nickel/copper deposit Yellow Mountain. GobiMin Inc.'s common shares are traded on the TSX-Venture under the symbol GMN.


This news release contains certain forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's ability to control or predict which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Readers should not place undue reliance on forward-looking statements.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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