RENO, NV–(July 9, 2009) – General Metals Corporation (the “Company”) (OTC BB: GNMT) (FRANKFURT: GMQ) is pleased to report that it has finished collecting characterization samples to define appropriate material for bulk samples to be used in advanced metallurgical studies to be completed by McClelland Laboratories Inc. of Sparks, Nevada. All samples have been delivered to American Assay Laboratories also of Sparks, Nevada. The Company anticipates that it will be in receipt of the analysis of these samples within one week. Based upon this data the Company’s consultants will then select appropriate material for two bulk samples.
Material from each bulk sample will be collected under the supervision of McClelland personnel, and will be delivered directly to McClelland Labs. McClelland will then process the samples and conduct metallurgical tests designed to provide leaching and recovery data critical for the design and development of the mine and process facilities.
Initial metallurgical work on each bulk sample will consist of bottle roll leach tests on 2 inch, 1 inch, 1/2 inch and 10 mesh material to evaluate crush size on recovery and to determine similarities or differences between the bulk samples.
Subsequently multiple column leach tests will be conducted on various crush sizes as indicated by the bottle roll tests, to provide characterization of recovery, reagent consumption, work index for crushing and plant / process design.
This advanced metallurgical work is in addition to the independent technical report, and is advancing mine model planning and permitting for near term production.
The Company is also pleased to report that is has delivered pulp samples for all major mineralized intervals in the Independence Gold Skarn to American Assay for reassay. The Company inserted Certified Reference Materials (CRMs) at a rate of approximately 1 in 30. The new assays will be used to evaluate the skarn hosted mineralization and for resource calculation purposes in the independent technical report the Company is currently working on.
Further to the independent technical report, the Company has been advised that modeling and resource calculations are progressing quickly and that the consulting engineers expect to provide the Company a draft of the resource calculation for preliminary review around July 15, 2009.
Further details regarding the Independence mineralization, drilling efforts both historical and recent and current permitting activity are available on the Company’s website www.gnmtlive.com
About General Metals Corporation: General Metals Corporation is an aggressive junior minerals exploration and development company, based in Reno, Nevada. The Company is actively exploring its 100% controlled Independence property strategically located in the prolific and highly prospective Battle Mountain Mining District, Nevada. Permitting and Engineering for heap leach production is underway at the Independence Mine. The Company recently entered into an agreement to sell its 150 sq. km. mining concession for gold, diamonds and base metals in Ghana, West Africa for $1,000,000 in cash and stock and retains a royalty.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the proceeds from the recent private placement will allow the Company to proceed with permitting at its Independence Mine in Nevada or any shallow mining production later this year, that any estimated ounces of gold or silver are contained in the mineralized material in the “Shallow Target,” and is proposed to be mined and loaded onto a cyanide heap leach pad, or any future financings that the Company may enter into.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2008 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
Wayne Meyerson
Investor Relations
General Metals Corporation
615 Sierra Rose DR Suite 1
Reno, NV 89511
wayne@gnmtlive.com
775.583.4636 office
775.830.6429
