GM Geo Minerals Ltd

GEO MINERALS LTD. (TSX VENTURE:GM)(FRANKFURT:8G3) ("GEO" or the "Company") is
pleased to announce the completion of an initial drill test of one IP
geophysical anomaly on a portion of its Red Hills porphyry copper property in
south central Arizona. A single vertical RC hole drilled to test this anomaly
encountered variably altered and mineralized rocks before termination of the
hole at 610 meters (2,000 feet). This follows directly on positive results at
Middle Mountain, Arizona, where drilling encountered 154 meters (505 feet) of
altered granitic porphyry rocks with sulfides, or oxides after sulfides (see
news release, Jan. 17, 2011). Based on the correspondence of the deep induced
polarization (IP) anomaly with alteration and mineralization at depth in the Red
Hills drilling, additional IP geophysics is planned in order to direct the next
phase of drilling.


The Red Hills porphyry copper project is located in a southwest-trending belt of
porphyry-copper mineralization that includes operating mines such as Ray, Copper
Cities, Miami-Inspiration, Carlotta, and the Resolution deposit that is
presently under pre-feasibility assessment by Rio Tinto. Drilling at Red Hills
in 2009 included an intersection of exotic copper oxide mineralization (see news
release, Jan. 8, 2009), and a geophysical survey completed in 2010 identified
three separate IP anomalies that led to the acquisition of 31 additional claims
totaling 253 hectares (see news release, May 11, 2010). The present drilling
program completed a vertical RC drill hole on one anomaly for a total of 610
meters (2,000 feet).


Bedrock was intersected at 10 meters (approx. 35 feet) consisting of
coarse-grained granite with local porphyry dikes and some granitic rocks with
textures consistent with Laramide age granites associated with porphyry copper
deposits in the region. In the upper part of the drill hole, these rocks were
generally weakly altered with local chlorite + sericite altered zones with
primary iron-oxide + quartz +/- oxidized chalcopyrite + pyrite veins. The
iron-oxide alteration increased at depth, particularly below approx. 550 meters
(approx. 1800 feet) where alteration characterized by quartz + sericite + pyrite
was also encountered, with locally pervasive intervals containing as much as 5%
disseminated pyrite below about 580 meters (approx. 1900 feet). These alteration
assemblages continued to the end of the hole at 610 meters (2000 feet). The
styles of alteration and locally abundant pyrite mineralization is suggestive
that a structural block containing peripheral, shallow styles of porphyry
mineralization was encountered at depth, providing additional evidence that one
or more porphyry centers have been dismembered across the property.


Based on these results, further IP profiles are planned in order to determine
where additional drill holes should be placed to intersect better mineralized
portions of the system. Representative samples of the lithologies will also be
assayed with results expected in the coming weeks.


"We are very encouraged by these results, in particular, that the IP geophysics
does appear to correlate with alteration and mineralization suggestive of a
buried porphyry system at Red Hills," states Michael England, CEO of Geo
Minerals. "Both the Red Hills and Middle Mountain projects are conceptual
porphyry copper plays, and these positive results give both projects
credibility."


GEO has an option agreement with Inmet Mining Corp. (TSX:INM) to explore the Red
Hills porphyry copper project, with GEO holding its interest under a mining
lease and option agreement with Eurasian Minerals Inc. (TSX VENTURE:EMX) through
its wholly-owned subsidiary Bronco Creek Exploration (see news release, Nov. 17,
2009). Eurasian Minerals is acting as manager for the work programs at Red
Hills. 


The technical contents of this release were approved by Technical Advisor to Geo
Minerals and qualified person as defined by National Instrument 43-101, Dr. Tom
E. McCandless, P. Geo.


Geo Minerals is a junior exploration company actively seeking mineral and energy
opportunities for the benefit of all our stakeholders, with four active porphyry
copper exploration projects in Arizona.


Eurasian Minerals Inc. (TSX VENTURE:EMX) is a Canadian-based junior exploration
company with properties in Haiti, Turkey, Europe, United States, the Kyrgyz
Republic, and Australia/Asia-Pacific.


Inmet Mining Corporation (TSX VENTURE:IMN) is a global mining company that
produces copper, zinc and sulphur with operations in Turkey, Finland, and Spain.


ON BEHALF OF THE BOARD

Michael England, President

Forward-Looking Statement:

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Geo
Minerals Inc. Actual results may differ materially from those currently
anticipated in such statements. 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
release.

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