GNT Gentor Resources Inc

NOT FOR DISSEMINATION IN THE UNITED STATES

Gentor Resources Inc. ("Gentor" or the "Company") (TSX VENTURE:GNT) and its
joint venture partner in the Karaburun project in northern Turkey, have
successfully converted the exploration licence for the Karaburun project to an
operating licence. The operating licence has a tenure of 10 years. This
development clears the way for Gentor and its joint venture partner to apply for
forestry permits to drill the Karaburun gossans. Gentor is proposing a 2,100
metre diamond drill program to test the southerly down-dip extensions of the
surface Karaburun gossans - consisting of 12 holes. 


Gentor proposes to carry out a non-brokered private placement of 7,500,000 units
of the Company (the "Units") at a price of Cdn$0.0525 per Unit for proceeds to
the Company of Cdn$393,750. Each such Unit is to be comprised of one common
share of the Company and one warrant of the Company, with each such warrant
entitling the holder to purchase one common share of the Company at a price of
Cdn$0.07 for a period of two years. Closing of this financing (the "Financing")
is subject to receipt of all necessary approvals, including board and TSX
Venture Exchange approvals. The Company intends to use the proceeds from the
Financing for exploration activities related to the Company's Turkey properties
and for general corporate purposes. Arnold T. Kondrat is the proposed purchaser
of all of the Units. Mr. Kondrat is Executive Vice President and a director of
the Company, and currently holds 14,197,500 (or 22.62%) of the outstanding
common shares of the Company. 


President and CEO of Gentor, Dr. Peter Ruxton, said, "With initial permitting
and funding arranged, we look forward to the initial drilling of the recently
discovered Karaburun VMS gossans in mid-2014."


This press release does not constitute an offer to sell or a solicitation of an
offer to buy nor shall there be any sale of any of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful. The
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 the
securities laws of any state of the United States and may not be offered or sold
within the United States (as defined in Regulation S under the U.S. Securities
Act) unless registered under the U.S. Securities Act and applicable state
securities laws or pursuant to an exemption from such registration requirements.



Karaburun Gossans 

The gossans extend east-west over a strike length of 2.5 kilometres within a
dominant greenschist volcaniclastic sequence over a stratigraphic thickness of
at least 200 metres. While most of the gossans crop out in an area adjacent to
the Gentor joint venture ground, they lie within 150 metres of the Gentor joint
venture ground boundary and, importantly, dip 20 to 35 degrees to the south into
the Gentor joint venture ground. The main part of the system exhibits heavily
leached ironstone gossan up to 75 metres thick over a strike length of 600
metres and includes exposed massive sulphides and siliceous pyritic
volcaniclastics over 300 metres at creek level in rugged terrain. Minor ancient
workings for ironstone have exposed copper silicates in pyritic massive
sulphides within the main zone. Given the impressive size of the exposed system
and its multiple stratabound lenticular nature - that is characteristic of
Besshi style deposits worldwide - Gentor believes that the Karaburun VMS
represents a significantly mineralised system. Reference is made to the Gentor
press release dated December 18, 2013 for additional information in respect of
the Karaburun project.


An initial 2,100 metre diamond drilling program is planned for the first half of
2014, following the current winter season and after forestry permit approvals.


Gentor has established good working relations with its Turkish partners to
promote local community acceptance and support for detailed exploration. Gentor
believes that it is likely that further mineralised positions will be found in
this previously poorly-explored Ophiolite melange terrain in the Kastamonu
Region.


Qualified Person 

The exploration information disclosed in this press release has been reviewed,
verified (including sampling, analytical and test data) and compiled by senior
geologists under the direction of Dr. Peter Ruxton, who is a Professional Member
of the Institute of Materials, Minerals and Mining (I.M.M.M.), the Company's
President and Chief Executive Officer and a "qualified person" (as such term is
defined in Canadian National Instrument 43-101 as promulgated by the Canadian
Securities Administrators).


About Gentor 

Gentor is a mineral exploration company whose projects include copper and gold
properties in the Sultanate of Oman and Turkey. The Company's strategy is to
create shareholder value by developing highly prospective mineral properties
around the globe, with current focus in the Sultanate of Oman and Turkey.  


In Oman, Gentor is partnered with Al Fairuz Mining Company LLC on its Block 5
exploration tenement and Al Zuhra Mining Company LLC on Block 6.


Cautionary Notes

Forward-Looking Information: This press release contains forward-looking
information. All statements, other than statements of historical fact, that
address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation,
statements regarding the closing of the Financing, exploration results,
potential mineral resources, potential mineralization and the Company's
exploration and development plans) are forward-looking information. This
forward-looking information reflects the current expectations or beliefs of the
Company based on information currently available to the Company. Forward-looking
information is subject to a number of risks and uncertainties that may cause the
actual results of the Company to differ materially from those discussed in the
forward-looking information, and even if such actual results are realized or
substantially realized, there can be no assurance that they will have the
expected consequences to, or effects on the Company. Factors that could cause
actual results or events to differ materially from current expectations include,
among other things, uncertainties relating to the availability and costs of
financing needed in the future, risks related to the exploration stage of the
Company's properties, the possibility that future exploration results will not
be consistent with the Company's expectations, failure to complete the proposed
Financing, the need to satisfy regulatory and legal requirements with respect to
the proposed Financing, changes in world copper or gold markets and equity
markets, political developments in Oman or Turkey, the uncertainties involved in
interpreting exploration results and other geological data and the other risks
disclosed under the heading "Risk Factors" and elsewhere in the Company's annual
report on Form 20-F dated April 30, 2013 relating to the year ended December 31,
2012 filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Forward-looking
information speaks only as of the date on which it is provided and, except as
may be required by applicable securities laws, the Company disclaims any intent
or obligation to update any forward-looking information, whether as a result of
new information, future events or results or otherwise. Although the Company
believes that the assumptions inherent in the forward-looking information are
reasonable, forward-looking information is not a guarantee of future performance
and accordingly undue reliance should not be put on such information due to the
inherent uncertainty therein.


The United States Securities and Exchange Commission (the "SEC") permits mining
companies, in their filings with the SEC, to disclose only those mineral
deposits that a company can economically and legally extract or produce. U.S.
investors are cautioned not to assume that any disclosure of mineralization
contained in this press release is economically or legally mineable. U.S.
investors are urged to closely consider all of the disclosures in the Company's
reports filed pursuant to the United States Securities Exchange Act of 1934
which may be secured from the Company, or from the SEC's website at
http://www.sec.gov/edgar.html. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gentor Resources Inc.
Dr. Peter Ruxton
President & CEO, United Kingdom
+ 44 (0) 7786 111103


Gentor Resources Inc.
Arnold T. Kondrat
Executive Vice President, Toronto, Ontario
+ 1 (416) 366 2221 or + 1 (800) 714 7938
www.gentorresources.com

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