Great Western Minerals Group Launches Steenkampskraal Feasibility Study

SASKATOON, SASKATCHEWAN, Jun 09, 2010 (MARKETWIRE via COMTEX News Network) --

Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (OTCQX: GWMGF) (PINK SHEETS: GWMGF) today announced that it has launched Phase 1 of its Bankable Feasibility Study process for the Steenkampskraal mine in South Africa.

GWMG plans to bring the Steenkampskraal mine, a high grade former producer with a known process for recovering Rare Earths, back into production as one of the first new Rare Earth mines outside of China.

Following the announcement of last week that the New Order Mining Right had been issued (June 3, 2010: "Steenkampskraal Mining Permit Issued by South African Government"), GWMG management authorized the appointment of SRK Consulting Engineers and Scientists of Johannesburg, South Africa to undertake Phase 1 of the project that includes the following components:

--  A review of all available historical technical reports, documents and
data.
--  Site visit by the consultants, as required for compliancy purposes.
--  Identification of any additional licenses, permits, approvals, reviews
and bonds required.
--  Timeline and cost estimates for the completion of additional project
phases.

"It was very important that GWMG move as quickly as possible to launch the feasibility process once the Steenkampskraal permit was approved," stated Great Western Mineral Group President and CEO Jim Engdahl. "Based on our extensive review of potential project consultants, we are very pleased to have signed this agreement with a consulting group that has the depth of experience of SRK."

Jim Engdahl, President and CEO

Great Western Minerals Group Ltd. is a Canadian-based developer of Rare Earth Element assets and a manufacturer of metals and alloys containing predominantly Rare Earth Elements. GWMG has seven Rare Earth exploration and development properties in North America and an option with respect to a former producing property in South Africa. As part of the Company's strategy to pursue a vertically-integrated business model, the Company's wholly-owned subsidiaries of Less Common Metals Limited located in Birkenhead, UK, and Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for use in the battery, magnet and aerospace industries. These highly specified alloys include those containing aluminum, nickel, cobalt and Rare Earth Elements.