GI Gem International Resources Inc

Gem International Resources Inc. (TSX VENTURE:GI) has entered into an option
agreement with Mr. Sylvester Byedile and Mr. Paul E. Millinga (the "Optionor"),
to acquire a 100-per-cent interest in a gold property (The Negero Project),
located within the Tanga Region of Tanzania. The Project comprises Prospecting
License PL7119/2011, contains a total area of 30.69 square kilometers and is
located 25 kilometers southwest of Canaco Resources Inc.'s Magambazi Hill
Project.


The consideration for the acquisition is cash payments totaling CDN$475,000 and
exploration expenditure totaling CDN$1,000,000. The Optionor retains a
2-per-cent Net Smelter Return Royalty of which, 1-per-cent can be purchased for
CDN$ 1,000,000.


Cash payment schedule:



i)   CDN$175,000 within 5 business days of written approval from the TSX
     Venture Exchange; 
ii)  CDN$150,000 on or before 5 days after the first anniversary of Exchange
     Approval; and 
iii) CDN$150,000 on or before 5 days after the second anniversary of
     Exchange Approval. 



Work schedule:



i)   CDN$150,000 on or before the first anniversary of Exchange Approval; 
ii)  a further CDN$350,000 on or before the second anniversary of Exchange
     Approval; and 
iii) a further CDN$500,000 on or before 5 the third anniversary of Exchange
     Approval. 



The Negero Project is located within the Neoproterozoic domain of the Mozambique
belt, a potentially overprinted Greenstone - hosted gold terrane in northeastern
Tanzania. The Mozambique belt is characterized by the occurrence of abundant
high pressure - temperature (P-T) granulite-facies rocks including granulite,
mafic - to ultramafic intrusions, granite gneisses and quartzites.


Small scale gold mining within the Project area has exposed quartz vein
development and prominent potassium feldspar alteration within wallrocks, which
include amphibolite and saprolite. Airborne geophysical data over the area shows
significant structural development on both a NE-SW and NW-SE trend, similar to
that of the nearby Canaco Resources' Magambazi Hill Project. Grab sampling from
metasedimentary outcrop, near the small scale mining area, returned assays
values of up to 31.9 ppm gold (Au).


The location of the Negero Project within a potentially overprinted Greenstone
Belt, the presence of crustal scale shearzones and nearby felsic intrusions
provides significant potential for gold discoveries. In addition, the similarity
in geological - and structural setting to that of nearby Canaco Resources'
Magambazi Hill Project, provides additional potential for gold exploration on
the Negero Project. 


Nico Scholtz, Pri. Sci. Nat., a qualified person under National Instrument
43-101, has approved the technical content of this news release.


Gem International Resources Inc. 

Simon Tam, Director

THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF
AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS
FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO
RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY
FROM THOSE SET FORTH IN OR IMPLIED HEREIN.

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