TSX Trading Symbol: GBU TORONTO, Oct. 18 /CNW/ - The Board of Directors is pleased to announce the appointment of David Christensen as Vice President, Corporate Development, Gabriel Resources. Mr. Christensen's role will be to establish a broad based Corporate Development program at Gabriel, including the completion of the Rosia Montana project financing, maintain and improve the corporate cash flow model, evaluate potential merger and acquisition proposals and to assist finance and investor relations. He will assume his duties immediately. "David's background as an analyst and his involvement in a number of financings in the past is a perfect fit as we move forward with the development of Rosia Montana," commented Alan R. Hill, Gabriel's President and Chief Executive Officer. "David is no newcomer to Gabriel, as he has been involved with the project for the last two years and was closely involved with the development of our feasibility study and financial model." Prior to joining the Company, Mr. Christensen spent more than 15 years working as a senior metals and mining analyst with Credit Suisse, Merrill Lynch, and as a Portfolio Manager with the Franklin Group of Funds. Mr. Christensen holds a Master of International Business from the American Graduate School of International Management in Arizona as well as a Bachelor of Science degree from the California State University. About Gabriel Gabriel is a Canadian based resource company committed to responsible mining and sustainable development in the communities in which it operates. Gabriel is currently engaged in the exploration and development of mineral properties in Romania and is presently engaged in the development of its 80% owned Rosia Montana gold project. The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release and the information contained herein.