Galore Grants Incentive Stock Options

FOR IMMEDIATE RELEASE OCTOBER 20, 2010

GALORE GRANTS INCENTIVE STOCK OPTIONS

Vancouver, BC: Galore Resources Inc. (GRI-TSX-V) announces the grant of an aggregate 300,000 incentive stock options to officers of the company, in accordance with the Company’s Stock Option Plan, exercisable at a price of $0.285 for a period of five years from the date of issuance.

Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professionals to acquire and explore for promising deposits with an emphasis on gold in Mexico and base metals in British Columbia.

“Michael W. Byrne”

President

For progress updates and queries on Galore Resources Inc. (TSX.V -GRI) please contact:

Erica C Bearss, MBA Vice President Corporate Communications Email: [email protected]

Tel.: 604-647-2298 Toll Free: 1-877-647-2298 Skype: 1-206-388-2423 Fax: 604-647-0086

Cautionary Note Regarding Forward-Looking Information: The Company expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at your own risk and without liability to the company. The information contained herein is not, and under no circumstances is to be construed as either a public or a private offer or solicitation to purchase securities in the capital stock of Galore Resources Inc. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the company. No securities commission or similar regulatory authority has passed on the merits of or reviewed the information contained herein. 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.