GoldMinerPulse Report on Gabriel Resources Ltd.: (NI) 43-101 Metal Valuation Report

Gabriel Resources Ltd. (GBU)

Company Web Site: www.gabrielresources.com
This report is based on NI 43-101 disclosures and fully diluted share counts available on: 2009-03-04. Metrics have been updated with stock price and metal prices in effect at the close of Canadian markets on 2010-09-02.
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GoldMinerPulse Most Optimistic Resource Estimate Summary (MORE):
Metrics last with prices in effect at the TSX/TSXV close on 2010-09-02
Project/Deposit CC MVpSh PP% MI% I% Gold Silver
    Rosia Montana ?? $90.39 36% 59% 5% 22.41 M oz     107.43 M oz

GoldMinerPulse Metrics - Total All Projects/Deposits by Metal, prices from 2010-Sept-02
Metric / Metal Gold Silver
    Metal Totals 22.41 M oz     107.43 M oz
    Metal Prices in US$ (from 2010-09-02) $1,251.30 per oz     $19.69 per oz
    Metal Value per Share (MVpSh)
(Shown in US$ and based on fully diluted share count shown below) $84.05     $6.34
    Percentage of Total Metal Value 92.99%     7.01%
    PP% | MI% | I% 36% | 59% | 5%     35% | 61% | 3%

GoldMinerPulse Metrics - All Metals from All Projects/Deposits and Prices from 2010-Sept-02
    Metal Value per Share (MVpSh)    US$90.39
    Average Ore Value per Tonne    US$48.8
    Metal Value Leverage (MVL)    19.24
    Market Capitalization as % of Metal Value    5.2%
    Recent Stock Price    C$4.95   (TSX/TSXV close on 2010-09-02.)
Conversion rate used: 1 Cnd$ = 0.949244 US$ )
    Fully Diluted Share Count    333.65 M    ( Fully diluted share count taken from the June 30, 2009 MD&A filing. )
    PP% | MI% | I%    36% | 59% | 5%
Gold Metrics-- all Projects/Deposits
    Average Gold Ore Grade    1.128 g/t
    Market Capitalization
    per oz of Gold In Ground    $69.95   US$  |   73.69   C$
    Gold Eq Oz Estimate    24.10 M oz   ( 22.41 M oz are in ground)
    Market Capitalization
    per oz of Gold Equilavent    $65.05   US$  |   68.53   C$

See terms for more about GoldMinerPulse metrics.
GoldMinerPulse Coverage Status:
GoldMinerPulse coverage of Gabriel Resources Ltd. is complete pending a final internal review.

Project/Deposit	CC	MVpSh	PP%	MI%	I%	Gold	Silver
Rosia Montana	??	$90.39	36%	59%	5%	22.41 M oz	107.43 M oz

GoldMinerPulse Metrics - Total All Projects/Deposits by Metal, prices from 2010-Sept-02
Metric / Metal	Gold	Silver
Metal Totals	22.41 M oz	107.43 M oz
Metal Prices in US$ (from 2010-09-02)	$1,251.30 per oz	$19.69 per oz
Metal Value per Share (MVpSh) (Shown in US$ and based on fully diluted share count shown below)	$84.05	$6.34
Percentage of Total Metal Value	92.99%	7.01%
PP% \| MI% \| I%	36% \| 59% \| 5%	35% \| 61% \| 3%

GoldMinerPulse Metrics - All Metals from All Projects/Deposits and Prices from 2010-Sept-02
Metal Value per Share (MVpSh)	US$90.39
Average Ore Value per Tonne	US$48.8
Metal Value Leverage (MVL)	19.24
Market Capitalization as % of Metal Value	5.2%
Recent Stock Price	C$4.95 (TSX/TSXV close on 2010-09-02.) Conversion rate used: 1 Cnd$ = 0.949244 US$ )
Fully Diluted Share Count	333.65 M ( Fully diluted share count taken from the June 30, 2009 MD&A filing. )
PP% \| MI% \| I%	36% \| 59% \| 5%
Gold Metrics-- all Projects/Deposits
Average Gold Ore Grade	1.128 g/t
Market Capitalization per oz of Gold In Ground	$69.95 US$ \| 73.69 C$
Gold Eq Oz Estimate	24.10 M oz ( 22.41 M oz are in ground)
Market Capitalization per oz of Gold Equilavent	$65.05 US$ \| 68.53 C$

See terms for more about GoldMinerPulse metrics.

Rosia Montana - ^top^

(NI) 43-101 Report:

Title: TECHNICAL REPORT ON THE ROSIA MONTANA GOLD PROJECT TRANSYLVANIA, ROMANIA
Date: 2009-03-04 (208 pages)

Project Location: Transylvania, Romania

Map View: View the Rosia Montana gold project in Transylvania on a Google Map.

Most Optimistic Resource Estimates (MORE):

•Proven + Probable

Metal MVpSh Contained Metal Quantity Ore Grade Ore Quantity
Gold $30.27 8.07 M oz 1.460 g/t 214.93 M t
Silver $2.24 38.03 M oz 6.880 g/t 214.93 M t
Estimate notes: See Table 1.2 RMGC Mineral Reserves - February 26, 2009 on p. 14 of 208 in the NI 43-101 dated March 2009.
Resource quantities adjusted for ownership percentage of 80.0%.

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$30.27	8.07 M oz	1.460 g/t	214.93 M t
Silver	$2.24	38.03 M oz	6.880 g/t	214.93 M t
Estimate notes: See Table 1.2 RMGC Mineral Reserves - February 26, 2009 on p. 14 of 208 in the NI 43-101 dated March 2009. Resource quantities adjusted for ownership percentage of 80.0%.

•Measured + Indicated

Metal MVpSh Contained Metal Quantity Ore Grade Ore Quantity
Gold $49.46 13.19 M oz 1.000 g/t 512.73 M t
Silver $3.89 65.94 M oz 5.000 g/t 512.73 M t
Estimate notes: See Table 1.1 Rosia Montana Gold Project Categorized Grade Tonnage of Accepted Ordinary Kriged Estimate 10 mE x 10 mN x 10 mRL, Cut Gold and Silver 5 m composites on p. 13 of 208 in the NI 43-101 dated March 2009.
Resource quantities adjusted for ownership percentage of 80.0%.
cutoff 0.4 Au g/t

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$49.46	13.19 M oz	1.000 g/t	512.73 M t
Silver	$3.89	65.94 M oz	5.000 g/t	512.73 M t
Estimate notes: See Table 1.1 Rosia Montana Gold Project Categorized Grade Tonnage of Accepted Ordinary Kriged Estimate 10 mE x 10 mN x 10 mRL, Cut Gold and Silver 5 m composites on p. 13 of 208 in the NI 43-101 dated March 2009. Resource quantities adjusted for ownership percentage of 80.0%. cutoff 0.4 Au g/t

•Inferred

Metal MVpSh Contained Metal Quantity Ore Grade Ore Quantity
Gold $4.32 1.15 M oz 1.000 g/t 44.81 M t
Silver $0.20 3.46 M oz 3.000 g/t 44.81 M t
Estimate notes: See notes for Measured + Indicated
Resource quantities adjusted for ownership percentage of 80.0%.
cutoff 0.4 Au g/t

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$4.32	1.15 M oz	1.000 g/t	44.81 M t
Silver	$0.20	3.46 M oz	3.000 g/t	44.81 M t
Estimate notes: See notes for Measured + Indicated Resource quantities adjusted for ownership percentage of 80.0%. cutoff 0.4 Au g/t