GNT Gentor Resources Inc

Gentor Resources Inc. ("Gentor" or the "Company") (TSX VENTURE:GNT) announces
that it has entered into an agreement with Savannah Resources plc (the
"Purchaser") to sell Gentor's properties in Oman to the Purchaser (the "Oman
Sale"). The Purchaser is an AIM-listed mineral exploration company. The Oman
Sale is being effected by way of the sale to the Purchaser of all of Gentor's
shares in Gentor's wholly-owned British Virgin Islands subsidiary, Gentor
Resources Limited. The interests of Gentor in its properties in Oman are held
through the said subsidiary. 


Gentor's President and CEO Arnold T. Kondrat commented: "The sale of our Oman
properties reflects Gentor's focus on its copper exploration properties in
Turkey, which we believe represent a very exciting opportunity for Gentor and
its shareholders." 


The consideration for the Oman Sale is as follows: 

1. Initial Consideration 



(a)  A cash payment of US$800,000 payable to Gentor on closing.             



2. Deferred Consideration 



(a)  The sum of US$1,000,000, payable to Gentor upon a formal final         
     investment decision being made for the development of the Block 5      
     licence in Oman.                                                       
                                                                            
(b)  The sum of US$1,000,000, payable to Gentor upon the production of the  
     first saleable concentrate or saleable product from ore derived from   
     the Block 5 licence in Oman.                                           
                                                                            
(c)  The sum of US$1,000,000, payable to Gentor within six months of the    
     payment of the deferred consideration in (b) above.                    
                                                                            
(d)  The Purchaser may elect to pay up to 50% of the above deferred         
     consideration by the issue of shares of the Purchaser to the Vendor.   
     Where the Purchaser's shares are so issued in satisfaction of deferred 
     consideration, the number of shares to be issued will be determined by 
     reference to the volume weighted average price of the Purchaser's      
     shares for 30 trading days prior to the date upon which the relevant   
     deferred consideration is payable.                                     



Closing of the Oman Sale is anticipated to occur in May 2014 and is subject to
regulatory approvals, including the approval of the TSX Venture Exchange, as
well as certain legal formalities. 


About Gentor

Gentor is a mineral exploration company with copper exploration properties in
Turkey. The Company's strategy is to create shareholder value by developing
highly prospective mineral properties around the globe, with current focus in
Turkey. 


Cautionary Note 

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 Oman Sale, potential mineralization and
the Company's exploration 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, the need to satisfy regulatory and legal requirements and
other conditions to closing with respect to the Oman Sale, the possibility that
the completion of the Oman Sale may be delayed or may not happen at all as a
result of a failure to satisfy conditions to closing, 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,
changes in world copper markets and equity markets, political developments in
Turkey, the uncertainties involved in interpreting drilling 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.


Neither 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 release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gentor Resources Inc.
Arnold T. Kondrat
President & CEO
Toronto, Ontario, Tel: + 1 (416) 366 2221
or + 1 (800) 714 7938
www.gentorresources.com

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