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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 7, 2010) - Galore Resources Inc. (TSX VENTURE:GRI) announces the discovery of an extensive Induced Polarization (IP) chargeability and magnetic anomaly in the La Palma area located in the southern portion of its wholly owned Dos Santos Property in Zacatecas State, Mexico. The anomaly is interpreted to be caused by a large sulphide-bearing body at a depth of 100 to 400 metres hosted by the Caracol Formation, which is the host rock for Goldcorp's nearby Camino Rojo sedimentary rock hosted, gold-silver-lead-zinc deposit. The Camino Rojo project was formerly owned by Canplats Resources.

Galore completed 55 line-kilometres of IP and magnetometer survey, over three grids which includes the La Palma area, located on the Santa Fe claims at the southern end of the Dos Santos property. An initial 40 line-kilometre, IP and magnetometer survey on lines 200 metres apart was extended by 15 linekilometres to further define evolving chargeability anomalies.

At its widest point, the chargeability anomaly is over 1,400 metres wide and is at least 1,200 metres in strike length and it appears to be open to the west. The anomaly, with apparent chargeabilities up to 12mv/v, is located at depths, which are consistent with oxidized sulphides gradually grading to unoxidized sulphides at depth. The source of the magnetic anomaly is interpreted to be much deeper than the chargeability anomaly and may represent an intrusion, related to mineralization.

"The preliminary results from our IP survey are encouraging given the similarities between this geophysical response and the main zone at Camino Rojo. The size of Galore's anomaly indicates the potential for a very large area of mineralization," said Michael Byrne, Galore's president.

There is also evidence of another separate IP anomaly at the west end of the La Palma grid. Galore is currently planning an aggressive follow-up exploration program, which will include additional IP surveying and a significant diamond drilling program on the main IP anomaly. Based on the current results, there are several other areas that will now be prioritized for follow-up IP surveys.

The survey was carried out by Geofisica TMC of Mazatlan, Mexico. Preliminary sections and field data have been received and a preliminary interpretation of one of the survey areas was carried out by independent geophysicist, J.L. LeBel, P. Eng. A final report from Geofisica TMC is expected this month. Additional significant survey results will be released after Galore receives this report.

The Dos Santos exploration program is managed by Ing. 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.

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 VENTURE:GRI) please visit our website at [ www.galoreresources.com ].

Michael W. Byrne, President

Cautionary Note Regarding Forward-Looking Information: The Company expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at your own risk and without liability to the company. The information contained herein is not, and under no circumstances is to be construed as either a public or a private offer or solicitation to purchase securities in the capital stock of Galore Resources Inc. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the company. No securities commission or similar regulatory authority has passed on the merits of or reviewed the information contained herein.

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