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Geonovus Minerals Sets Options

Share Capital & Compensation

GeoNovus Minerals Corp. 1220-789 W Pender St. Vancouver, BC, Canada V6C 1H2

GEONOVUS MINERALS SETS OPTIONS

January 11, 2011, Vancouver, B.C. – GEONOVUS MINERALS CORP. (the “Company”) (GNM-TSX:V) announces it has granted a total of up to 1,250,000 stock options to directors and consultants of the Company, exercisable at a price of $0.10 per share for a period of five years from the date of grant.

The options have been granted in accordance with the Company’s stock option plan.

GeoNovus Minerals Corp. is a junior mineral exploration company actively seeking mineral opportunities for the benefit of all our stakeholders.

ON BEHALF OF THE BOARD

Signed "Michael England"

Michael England, President and Director GeoNovus Minerals Corp.

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; Facsimile: 1-604-683-3988

Neither 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.