Rosia Montana/ Romania; 8. July 2005 – Alburnus Maior is pleased to provide an update regarding the Rosia Montana project (RMGC); 80% owned by Gabriel Resources (TSX:GBU). The American miner Newmont (NTSE: NEM) in return holds a 10.8% stake in Gabriel Resources.

ˇ Suspension of the Urbanism Certificate for RMGC’s Industrial Development Area
ˇ Annulment of the Archaeological Discharge Certificate 4/2004
ˇ No Archaeological Discharges for 2005
ˇ No Exploration Activities
ˇ Criminal Investigation into RMGC’s establishment
ˇ The Rosia Montana Project, an obstacle to Romania’s EU Accession
ˇ Finalization of the Environmental Impact Assessment »»»