Gabriel Resources Ltd. (GBU)

[amarksp]

Frank Timis has resigned

view this as a positive given Timis past...

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Toronto, Ontario, May 20, 2003 -- Mr. Oyvind Hushovd, Chairman of the Board of Gabriel Resources Ltd. ("Gabriel"), announces that Frank Timis has resigned as a director of Gabriel, effective May 16, 2003, in order to devote more time to his other business interests. Mr. Timis will continue
to assist Gabriel, as an independent consultant, in connection with the development of the Rosia Montana project.

The Board of Directors of Gabriel expresses its appreciation to Mr. Timis for his vision, determination and dedication in establishing Gabriel and in bringing it to its present stage of development.

Gabriel is a Canadian based resource company engaged in the exploration and development of mineral properties in Romania and is presently continuing the development of its 80% owned world class Rosia Montana gold silver project in Romania.


On Behalf of the Board:



Signed by "Oyvind Hushovd"


OYVIND HUSHOVD
CHAIRMAN AND CHIEF EXECUTIVE OFFICER