Gabriel Resources Ltd.: Release of Third Quarter Report

TORONTO, CANADA--(Marketwired - Nov 8, 2013) - Gabriel Resources Ltd. ("Gabriel") (TSX:GBU) announces that it will release its third quarter results for the three months to September 30, 2013 after market close on Thursday November 14, 2013 simultaneously with the publication of its third quarter management discussion and analysis for the period ended September 30, 2013 on SEDAR. No conference call or webcast is scheduled.

About Gabriel

Gabriel is a Canadian TSX-listed resource company focused on permitting and developing its world-class Rosia Montana gold and silver project. The exploitation license for the Project, the largest undeveloped gold deposit in Europe, is held exclusively by Rosia Montana Gold Corporation, a Romanian company in which Gabriel currently owns an 80.69 percent equity interest, with the 19.31 percent balance held by CNCAF Minvest S.A., a Romanian state-owned mining enterprise. Gabriel and RMGC are committed to responsible mining and sustainable development in the communities in which they operate. The Project is anticipated to bring over US$24 billion (at US$1,200/oz gold) to Romania as potential direct and indirect contribution to GDP. The Project will generate thousands of employment opportunities. Gabriel intends to build a state-of-the-art mine using best available techniques and implementing the highest environmental standards whilst preserving local and national cultural heritage in Romania.

For more information please visit the Company's website at www.gabrielresources.com.