> News Release - Tuesday, January 10, 2012 > Atlin, BC - Property Update > ================================================== > > Vancouver, B.C. - January 10, 2012 - Robert L. Card, President of > Gulfside Minerals Ltd. ("Gulfside" or the "Company"), is pleased to > report an update for their Northern Treasure and Bryer properties in > the Atlin Mining Division in British Columbia, Canada. On January 5, > 2012, Brixton Metals Corporation (TSX-V: BBB) ("Brixton") announced > assay results from the balance of their 2011 drilling program at its > Thorn gold-silver-copper project located in northwestern British > Columbia. A total of 21 holes for 5,682m were drilled during 2011, and > all analytical results have now been received. Brixton's Thorn property > is immediately adjacent to the eastern side of Gulfside's Bryer > property. > > Highlights from Brixton's announcement include: Oban Breccia Zone hole > THN11-60 intersected from surface 95.08m of 904 g/t AgEq (1.71 g/t Au, > 628.30 g/t Ag, 0.12% Cu, 3.31% Pb and 2.39% Zn). This included 25.56m > of 1,679 g/t AgEq (2.28 g/t Au, 1,300 g/t Ag, 0.22% Cu, 5.34% Pb and > 2.51% Zn) and 9.25m of 3,646 g/t AgEq (3.04 g/t Au, 2,984 g/t Ag, 0.53% > Cu, 11.65% Pb and 3.42% Zn). The Oban Breccia Zone hole THN11-57 > intersected 37.72m of 252 g/t AgEq (2.08 g/t Au, 60.8 g/t Ag, 0.46% Cu, > 0.25% Pb and 0.55% Zn) including 7.80m of 717 g/t AgEq (6.13 g/t Au, > 197.0 g/t Ag, 1.38% Cu, 0.49% Pb and 0.38% Zn). > > Mr. Gary R. Thompson, Brixton's Chairman & CEO stated, "We are > extremely pleased to have discovered substantial near surface, > high-grade mineralization at the largely untested Oban Breccia Zone, > which is located in the heart of a 6 km mineralized corridor. Hole 60 > significantly increases the potential of the property. This high-grade > zone remains open at depth and on the eastern strike extensions." Mr. > Thompson further added, "We believe that the Thorn project, subject to > further drilling, has the potential to host a high unit value > polymetallic mineral deposit." > > Gulfside congratulates Brixton and their team on these results. > > Gulfside plans further exploration work on its Bryer and Northern > Treasure claim blocks during the coming exploration season. > > Alex Burton, PEng, PGeo, a qualified person as defined by National > Instruments 43-101, has read and approved the technical information in > this news release. > > > > > On Behalf of the Board of Directors, > > Gulfside Minerals Ltd. > > "Robert L. Card" > > Robert L. Card > President > > Investor Contact: > Robert L. Card > 604-687-7828 > Gulfsideminerals@shaw.ca > www.gulfsideminerals.com |