GAX Galahad Metals

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES.


Due to prevailing market conditions, the Board of Directors of Red Ore Gold Inc.
has decided to postpone marketing efforts relating to the completion of its
initial public offering as contemplated in the prospectus dated September 13,
2011.


The Board deeply appreciates all the support the offering has received in these
difficult markets. The Board is currently evaluating several different
strategies to continue to enhance shareholder value. The Board also intends to
take the necessary steps to provide it with the option to close its initial
public offering in the future, if and when the market allows, to the extent
permitted under applicable securities laws.


For further information, please go to www.redoregold.com

The offered securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any
applicable state securities laws and may not be offered or sold in the United
States or to "U.S. persons", as such term is defined in Regulation S under the
U.S. Securities Act, absent such registration or an applicable exemption from
such registration requirements. This news release shall not constitute an offer
to sell or the solicitation of an offer to buy the offered securities in any
jurisdiction.


The statements in this press release may contain forward looking statements that
involve a number of risks and uncertainties. Actual events or results could
differ materially from RXX's expectations and projections. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this press release.

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