G & S Minerals Appoints William Curtis to the Board of Directors; Announces Extension of Closing Date of Mayan Gold, Inc. Transaction

G & S Minerals, Inc. dba Gold & Silver Minerals (PINKSHEETS: GSML) (FRANKFURT: G9S), a mining company focused on developing high-quality and low-risk mineral resource and energy prospects, today announced that the Company appointed William Curtis to the Board of Directors. Mr. Curtis was also appointed as Vice Chairman of the Board. Mr. Curtis joins Chairman Charles Brown, Edward Stanojev, Jr., Ryan Kutty, and Michael Sandidge as current members of the Company's Board of Directors.

Mr. Curtis joins the Board as the Company continues in its efforts to complete its strategic cross-investment and gold field development agreement with Mayan Gold, Inc. Mr. Curtis was the CEO of G & S Minerals' predecessor company and is a significant shareholder. He had expressed his interest to work with the Company in completing this transaction for the benefit of all G & S shareholders.

Mr. Curtis will assist management with various facets of the Mayan Gold, Inc. transaction, and will work closely with the Company and Mayan to coordinate completion of the transaction, including coordinating the efforts of geologists, regulatory agencies, and other parties necessary to accomplish the required due diligence and effect the closing. G & S and Mayan Gold, Inc. agreed to extend the target closing date for the transaction to July 31, 2008, subject to mutual board approvals.

Charles Brown, Chairman of G & S Minerals, remarked: "We're pleased that Mr. Curtis has offered his services to assist the Company in completing the Mayan Gold transaction. Mr. Curtis, as a shareholder and the former Chairman and CEO of our predecessor company, is familiar with our corporate structure and operations and will be a key contributor to achievement of G & S's acquisition of the Mayan Gold opportunity."

ABOUT G & S MINERALS, INC.:

G & S Minerals, Inc. (which also does business under the name "Gold & Silver Minerals") is a mining company focused on acquiring and developing high-quality, low-risk mineral resource and energy prospects. G & S Minerals is aggressively pursuing opportunities to develop working interests in mineral properties that offer a short time to production, as well as significant upside exploration potential. In addition, G & S Minerals is investigating opportunities for corporate transactions that will expand the mineral and resource portfolio. By leveraging its network of industry contacts, management expertise, and its targeted acquisitions, G & S Minerals is working to build rapid asset growth, near-term cash flow, and shareholder value. Additional information is available at G & S Minerals' website at www.gold-silverco.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements about the company's development plans and proposed transactions. These statements are subject to numerous assumptions and uncertainties, many of which are outside the company's control. Statements in this document are based on information the company believe to be reasonable, but involve significant uncertainties as to the final structure or consummation of possible transactions, the terms thereof, if any, availability and pricing of financing, mineral prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, construction schedules, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from the company's future acquisitions or dispositions of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.