GXG

G4G Resources Ltd. ("G4G", "the Company") (TSX VENTURE:GXG) announces that it
will not pursue the acquisition of the Anetta Geothermal Properties in the
province of Salta, Argentina, from Area Geofisica ENG s.a. G4G originally
announced the acquisition agreement on December 18, 2010.


G4G is focusing its attention on the development of iron sands properties in
Guatemala, which was announced on May 10, 2010.


About G4G Resources Ltd.

G4G Resources Ltd. is a Canadian-based mineral exploration and development
company focused on a number of low cost iron ore projects.


Forward-Looking Statement

This document may contain or refer to forward-looking information based on
current expectations, including, but not limited to timing of mineral resource
estimates, future exploration or project development programs and the impact on
the Company of these events. Forward-looking information is subject to
significant risks and uncertainties, as actual results may differ materially
from forecasted results. Forward-looking information is provided as of the date
hereof and we assume no responsibility to update or revise them to reflect new
events or circumstances, except as required under securities laws. For a
detailed list of risks and uncertainties, as it relates to G4G Resources Ltd.,
please refer to the Company's 2009 Audited Financial Statements filed with SEDAR
on April 30, 2010.


Should you wish to receive Company news via email, please email
ir@g4gresources.com and specify "G4G News" in the subject line.

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