GBU – Gabriel Resources Ltd

Gabriel Resources Ltd. (Gabriel) is a United Kingdom-based resource company. The Company operates through the exploration, evaluation, and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project consist of gold deposits, which is situated in the South Apuseni Mountains of Transylvania, Romania. Rosia Montana Project exploitation concession licence covers approximately 2,388 hectares (ha). The project consists of four principal deposits, namely Cetate, Carnic, Orlea and Jig. In addition, Gabriel also conducts exploration work defining mineral deposits at the Rodu-Frasin (epithermal gold and silver) and Tarnita (porphyry copper-gold) sites within the Bucium area located in the vicinity of Rosia Montana (the Bucium Projects). The Bucium Project’s exploration concession license covers approximately 2,325 ha. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A. along with Minvest Rosia Montana S.A.