Galore Resources drills 67.7 m of 0.297% CuEq at Taseko

Galore Resources Inc (C:GRI)
Shares Issued 34,328,830
Last Close 9/23/2008 $0.12
Wednesday September 24 2008 - News Release

Mr. Michael Byrne reports

GALORE REPORTS 67.7 METERS OF 0.297% COPPER EQUIVALENT AT TASEKO PROJECT

Galore Resources Inc. has released results from the first three diamond drill holes on its $3-million-plus Taseko project exploration program in southwest British Columbia. The three holes received to date are from the Hub target and part of a drill program in progress at the 100-per-cent-owned 48,000-hectare Taseko project southwest of Williams Lake, B.C., and 20-kilometre south of Taseko mine's Prosperity project, which is reported to be Canada's largest undeveloped copper-gold deposit.

The drill program on the Hub property is designed to test porphyry-style copper and molybdenum mineralization, which is defined by a compilation of previous ground surveys and a magnetic anomaly delineated by an airborne geophysical survey carried out in 2007. The most significant intersections are in hole 3 and consist of 67.7 meters of 0.297 per cent copper equivalent including 11.2 meters of 0.423% copper equivalent and 14.2 meters of 0.393% of copper equivalent.

Hole 08TSK-01 was abandoned at 25 metres because of drilling difficulties. A second hole, 08TSK-02 was drilled at the same location to a depth of 304 metres at 320 degrees azimuth and -60 degrees from horizontal. The third hole, 08-TSK-03, located 150 metres to the southeast, was completed to a depth of 367 metres. Holes 08-TSK-02 and 08-TSK-03 both have uniform quartz-sulphide stockwork mineralization with copper and molybdenum concentrations over the entire length of the holes. The mineralization is hosted by altered multi-phase intrusive and volcanic rocks. Mineralization is open at depth on both holes.

                        SIGNIFICANT ANALYTICAL RESULTS                        From      To  Interval                         Cu %Hole                      (m)     (m)       (m)   Cu %     Mo %  Equivalent08TSK-01   Hole lost at 25mSame Location08TSK-02   Hole Average                 298.6m   0.055   0.0053       0.10808TSK-02   Including      89      99        10   0.083   0.0200       0.28308TSK-02   Including     208     219        11   0.105   0.0100       0.20508TSK-02   Including     240     263        23   0.086   0.0070       0.15608TSK-02   Including     293   304.2      11.2   0.092   0.0150       0.10708TSK-03   Hole Average                   356m   0.097   0.0080       0.17708TSK-03                  10    66.4      56.4   0.122   0.0066       0.18808TSK-03   Including      13    26.8      13.8   0.165   0.0080       0.24508TSK-03                82.5   150.2      67.7   0.167   0.0130       0.29708TSK-03   Including     100   114.2      14.2   0.259   0.0134       0.39308TSK-03   Including     103   114.2      11.2   0.283   0.0140       0.42308TSK-03               241.5   253.9      12.4   0.144   0.0050       0.19408TSK-03               287.5   298.1      10.6   0.135   0.0114       0.249Note: The analyses were reported in parts per million (ppm), and presented      in % for clarity. Copper (Cu) equivalent are based on estimated      current commodity prices and equals Cu % plus (Molybdenum (Mo) %      times 10/1)

Based on the encouraging mineralization intercepts in the initial three diamond drill holes, three additional holes were drilled along section and one step out. These holes were drilled at 150 metre spacing. Results are pending for these holes.

In addition to the Hub property, the company has several other significant prospects on the Taseko property that are part of this year's exploration program. One drill hole each was drilled at the Northwest Copper and Syndicate targets, located elsewhere on the Taseko project. Analyses are pending for these holes as well. The Northwest Copper drill hole tested a strong alteration zone and magnetic anomaly associated with copper and silver vein mineralization.

The Syndicate prospect is a copper-gold showing associated with a hydrothermal breccia. Mineralization extends over an area approximately 1 kilometre by 1 kilometre with selective rock samples consistently averaging between 0.2 - 1% Cu and 0.1 - 1.7g/t Au. The mineralization has been shown to extend beyond the hydrothermal breccia body into the surrounding quartz monzonite host rocks.

Drilling is currently underway at the Mad Major prospect. The drilling at the Mad Major prospect is targeting chalcopyrite-molybdenite mineralization in a zone of high-density fractures and veins hosted by granodiorite.

The drilling at the Spokane prospect is targeting a vein system that returned up to 5.5% Cu, 3.3 g/t Au and 9.5% Cu, 1.6 g/t Au from selective surface grab samples.

Galore recently announced the expansion to 12,000 hectares of its 100% owned Mexico Dos Santos gold property, which now lies adjacent to the northern claim boundary of Canplats Resources' Camino Rojo gold property. Galore's property is located in the historic Concepcion del Oro mining district approximately 35 kilometres southeast of Goldcorp's Penasquito mine. Recent samples on the Dos Santos property included gold analyses ranging up to 6,542 ppb (6.5 grams/tonne) gold. An additional 111 systematic trench samples are at the laboratory with analyses pending.

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 Taseko Project and has verified the technical data in this release.

© 2008 Canjex Publishing Ltd.