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olympus

02/21/07 8:14 PM

#10 RE: stockpsychic #7

Closed at .225, more volume today then before just over a million traded hands. News today shown here is HUGE IMO, could see .30 + if this keeps up!

General Metals Corporation Receives Strong Upgrade by Respected Research Firm
Management Pursues Phase 2 Deep Drilling Containing an Estimated 5 Million Ounces of Gold
Feb 21, 2007 8:00:00 AM
Copyright Business Wire 2007

RENO, Nev.--(BUSINESS WIRE)--

General Metals Corporation (OTCBB:GNLM) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on GNLM. This strong upgrade comes at a time when the company is pursuing the expansion and scope of its Phase 2 deep drilling target which currently has about 2 million ounces of gold identified from previous deep drilling by Noranda (25,000 feet). Management also reported upon successful completion of their expansion plans, the deep target could contain up to 5 million ounces of gold. The strong upgrade is also due to the company entering Phase 1 shallow drilling on land which is estimated to contain 235,000 ounces of gold and 2,500,000 ounces of silver.

TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com

Steve Parent, CEO of General Metals Corporation stated, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction". Mr. Parent further stated, "We remain on schedule with the drilling of our Phase 1 program and could see a tremendous benefit to our company and shareholders."

Forward-Looking Statements:

This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.

Source: General Metals Corporation

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General Metals Corporation
Steve Parent
President & CEO
775-686-6078
Cell: 775-721-6428
generalmetals@hotmail.com