Richard Young appointed as Chief Financial Officer

TSX Trading Symbol: GBU                                   

TORONTO, May 3 /CNW/ - The Board of Directors of Gabriel Resources Ltd.
("Gabriel") is pleased to announce that Richard Young, CA has accepted the
position of Vice President and Chief Financial Officer of Gabriel and will
assume his duties on May 10, 2005. Mr. Young will also assume responsibility
for Gabriel's investor relations program.
"Richard Young brings extensive financial, mine development and capital
markets experience to Gabriel," commented Alan Hill, Gabriel's newly appointed
President and Chief Executive Officer. "Having worked very closely with
Richard over the past 15 years, and knowing first-hand his reputation with
analysts and institutional investors alike, he makes a great addition to our
team."
During Mr. Young's 13 year career with Barrick Gold Corporation, he
gained extensive financial experience through a number of financial positions
within the finance group, as well as mine development experience as Barrick
developed their Goldstrike and Pierina Properties. Most recently he served as
Vice President of investor relations for Barrick, where he was responsible for
the development and execution of their investor relations strategy.
Mr. Young is a chartered accountant and holds a Graduate Diploma in
Public Accountancy from McGill University and a Bachelor of Economics from the
University of Western Ontario.
"We are very fortunate to have attracted Alan Hill and now Richard Young
to Gabriel," said Oyvind Hushovd, Gabriel's retiring Chief Executive Officer,
who will continue as Non-Executive Chairman. "Their background, skills and
experience are ideally suited for the task of building our world-class
Rosia Montana gold project."

Gabriel is a Canadian based resource company engaged in the exploration
and development of mineral properties in Romania and is presently continuing
the development of its Rosia Montana gold-silver project in Romania.

On Behalf of the Board:


Signed by "Oyvind Hushovd"

--------------------------------
OYVIND HUSHOVD
CHAIRMAN AND CHIEF EXECUTIVE OFFICER

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responsibility for the adequacy or accuracy of this release and the
information contained herein.