Galore Acquires Property



VANCOUVER, BC - Galore Resources Inc. has entered into an option agreement to acquire 100% of the Sarai and Emanuel claims in Zacatecas State, Mexico.
The contiguous claims cover an area of 780 hectares of highly prospective geology located within 1.5 km of the south-western property boundary of Galore's 15,588 hectare Dos Santos project.
"The addition of the Sarai-Emanuel property provides the company with another significant exploration opportunity in an area with active mines, large gold deposits and a long history of mining. Galore's Dos Santos project and the Sarai and Emanuel claims are located in the heart of this area with excellent infrastructure. We are looking forward to drilling the large IP anomaly on our Dos Santos property and advancing our other promising targets including the newly acquired Sarai-Emanuel property," said, Michael Byrne, Galore's President.
A recently completed Induced Polarization (IP) and magnetometer survey on the Dos Santos property outlined a coincident chargeability and magnetic anomaly, covering 160 hectares. The chargeability anomaly is up to 1,400 metres wide and is delineated over a 1,200 metre strike length and appears open to the west. The interpreted depth and size of the anomaly is consistent with a Camino Rojo deposit model. The IP geophysical technique was effective at outlining mineralization at Camino Rojo.
The company's address is Suite 506, 595 Howe Street, Vancouver, BC V6C 2T5T, 604-647-2298, fax: 604-647-0086.