Galore Reports up to 208 GM per Tonne Gold over 0.5 Metres at Dos Santos

Published February 3, 2009 at 3:25 p.m. UTC

(via Thenewswire.ca)

February 3 2009 - Vancouver, BC, Galore Resources Inc. (GRI-TSX.V) announces the release of final assay results from the 2008 trenching and rock-sampling program on its Dos Santos Project in northern Zacatecas State, Mexico. The latest results from 118 samples include six samples exceeding one gram per tonne gold and range up to 208 gm/tonne gold over 0.5 metres. All samples are from the San Jose epithermal gold target, which the company is preparing for drilling. The 14,000-hectare Dos Santos property is located adjacent to the northern claim boundary of Canplats Resources' Camino Rojo gold-silver-lead-zinc discovery and extends 20 km to the north.

The 2008 exploration program on the Dos Santos project has been completed and analyses from over 900 rock samples have been received. The majority of these samples were collected from two areas of the property, known as Los Gemelos and San Jose. Samples contained anomalous gold concentrations and anomalous concentrations of gold pathfinder elements. Thirty-two, have gold concentrations exceeding 1,000 ppb gold, with twenty-four of these coming from San Jose. Twenty-eight samples were previously checked and confirmed by fire assay in two laboratories. The samples are continuous chip samples taken from outcrops, trenches, old pits and underground workings.

"The Dos Santos project continues to generate excellent results and confirms our belief in the exceptional discovery potential within our property and the district. We are compiling the exploration data to plan our next phase of exploration on Dos Santos." said Michael Byrne, Galore's president.

Table 1 New assay and analytical results for samples exceeding one gram gold per tonne.

                     Sample     Acme Analysis   Acme Assay   ALS Chemex Assay   
Location   Sample    width(m)   Au ppb          Au gm/T      Au gm/T            
San Jose   766755E   0.5        >100000         180.20       208.00             
San Jose   953270    0.3        3947            *                               
San Jose   953229    0.35       1512            *                               
San Jose   953204    0.8        1212            *                               
San Jose   953223    0.9        1189            *                               
San Jose   953208    0.9        1100            *

*New Results Not Assayed

Table 2: Previously announced assay and analytical results for samples exceeding one gram gold per tonne.

                      Sample     Acme Analysis   Acme Assay   ALS Chemex Assay   
Location   Sample     width(m)   Au ppb          Au gm/T      Au gm/T            
San Jose   766759     1.5        6542            6.89         6.73               
San Jose   767140     2.0        6342            4.58         6.13               
San Jose   766744     0.9        4059            4.24         4.26               
San Jose   766781AF   1.8        2765            2.92         2.81               
San Jose   766991B    1.3        2340            2.32         2.46               
San Jose   766765O    1.2        2315            2.50         2.40               
San Jose   766690     grab       2221            2.32         2.15               
San Jose   766751     2.0        2120            2.51         2.58               
San Jose   767003B    grab       1684            1.72         1.32               
San Jose   766676     1.0        1532            0.32         0.37               
San Jose   766641     grab       1509            1.33         1.36               
San Jose   766669     2.0        1411            1.37         1.24               
San Jose   766671     2.0        1230            1.26         1.10               
San Jose   766901BA   0.8        1204            1.18         0.97               
San Jose   766953B    0.5        1146            1.26         1.43               
San Jose   766568     grab       1111            1.07         1.16               
San Jose   767130     1.5        1109            1.38         0.74               
San Jose   766666     1.5        1019            0.83         0.78

These results are further confirmation of the epithermal gold exploration potential of the San Jose area of the property, which has had previously undocumented, artisanal mining activity. The mineralization occurs in structurally controlled veins and iron oxide occurrences, hosted by altered and re-crystallized Cretaceous-age carbonate rocks. Continuous chip samples were taken across veins and structures over sample lengths up to two metres.

The 2008 exploration program has yielded sufficient data to target a drill program on these two areas of the property. These include an epithermal gold target at San Jose and a vein system hosted in calc-silicate altered rocks and skarn at Los Gemelos. Additional potential exists for the discovery of intrusive-related, disseminated gold mineralization, in areas of the property underlain by the Cretaceous Caracol Formation. This geological setting is similar to the setting at Canplat's Camino Rojo discovery and, on Galore's Dos Santos property, it exists over a strike length of approximately 20 kilometres. Galore intends to aggressively explore this geological trend for disseminated gold mineralization, using the Peñasquito deposit and Canplats' discovery as models.

Samples were shipped to Acme Analytical's preparation facility in Guadalajara, Mexico and analyzed at Acme Analytical Laboratories' assay facility in Vancouver, B.C. All samples were analyzed using Aqua Regia digestion and ICP-MS analysis on a 30-gram sample. Selected 30-gram sample pulps were fire assayed. Sample pulps were also sent to ALS Chemex in North Vancouver where 30 grams were fire assayed with AA finish and re-assayed by fire assay and gravimetric finish if initial assays exceed 10 ppm gold.

The Dos Santos exploration program is being managed by Octavio Gonzalez, Galore's Vice-President Exploration for Mexico. Uwe Schmidt, P.Geo., Vice-President Exploration and Galore's Qualified Person as defined by Canada's National Instrument 43-101, is responsible for supervising the Dos Santos program and has verified the technical data in this release.

Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professionals to acquire and explore for promising deposits with an emphasis on gold in Mexico and base metals in British Columbia. To find out more about Galore Resources (TSX.V:GRI) please visit our website at www.galoreresources.com .

GALORE RESOURCES INC.

"Michael W. Byrne"

President

For progress updates and queries on Galore Resources Inc. (TSX.V -GRI) please contact:

Erica C. Bearss,

Vice-President, Corporate Communications

Email: [email protected]

Tel.: 604-647-2298

Fax: 604-647-0086

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