SOURCE: Grand Pacaraima Gold Corporation

November 14, 2007 05:26 ET

Grand Pacaraima Gold Corporation Reviewing Gold Mining Opportunities

VERNON, BC--(Marketwire - November 14, 2007) - Grand Pacaraima Gold Corporation (PINKSHEETS: GPGD) announced today that it is reviewing three gold mining opportunities. The mining properties range from Africa to Australia to China. The first opportunity involves several profitable small scale mining operations in Africa. The China prospect is close to installing an operating plant that can process 500 tons of ore per day. The Australian prospect that produced gold in the 1800s would require a minimal amount of additional funding and equipment to finalize recent production plans.

The Company anticipates making a strategic alliance with one or more of these prospects within the coming weeks.

Forward-Looking Statements:

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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