Light Oil Discoveries Fuel Record Production and Cash Flow During Glamis Second Quarter

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Glamis Resources Ltd. ("Glamis" or the "Company") (TSX VENTURE:GLM.A)(TSX
VENTURE:GLM.B) is pleased to announce its second quarter financial and
operational results for the three and six months ended June 30, 2008. 


The highlights for the second quarter 2008 are as follows:

- Increased average production 42% to 321 boe/d, 99% light oil; Glamis is
currently producing approximately 425 boe/d.


- Achieved record cash flow from operations of $1.9 million for the quarter
($0.07 per share fully diluted) as a result of higher oil prices and increased
production levels from several new light oil discoveries made earlier in the
year at the Company's southeast Saskatchewan properties (Wauchope, Manor &
Queensdale).


- Average Company field netbacks of $78.60 per boe. 

- Maintained financial flexibility with a positive working capital of $293,000
and available credit facilities of $5.6 million.


- Invested $3.1 million in capital expenditures over the three month period: 

-- Drilled two 100% working interest wells; one successful horizontal well at
Queensdale, which is now on production, and a second well at Conrad/Taber which
was D&A. 


-- Increased Glamis' land position in southeast Saskatchewan through a
combination of farm-ins, Crown land sales and freehold leases. Glamis now has
1,705 net acres of undeveloped land to explore in this area.


-- Initiated three, 3D seismic programs, totaling 28 square kilometers, in
southeast Saskatchewan. All three programs are now complete and are being
interpreted by Glamis' technical team.


-- Invested in a new oil battery at Queensdale which is expected to be
operational at the end of August. This facility will allow for higher production
volumes and is expected to reduce operating costs to below the current $10.00
per barrel in this area.


Outlook

Glamis continues to focus its resources and efforts on the Company's southeast
Saskatchewan properties and is actively drilling in this area. Glamis has now
drilled its first 100% working interest development well offsetting its Manor,
Tilston discovery made in the first quarter. This well has been completed and
commenced production on August 12, 2008. A second, 50% working interest well in
the same area is expected to begin drilling by the end of August. An additional
two horizontal development wells are expected to be drilled by the end of
September. Glamis also has plans for a minimum of four additional wells in
southeast Saskatchewan prior to year-end. Subsequent to the end of Q2 Glamis
acquired an additional 560 acres of lands in southeast Saskatchewan bringing the
total of undeveloped lands to 2,265 acres.




FINANCIAL & OPERATIONAL HIGHLIGHTS  

----------------------------------------------------------------------------
                           Three    Three              Six      Six
($000s except per unit    Months   Months           Months   Months
 amounts)                  Ended    Ended            Ended    Ended
                         June 30  June 30       %  June 30  June 30       %
                            2008     2007  Change     2008     2007  Change
----------------------------------------------------------------------------

Petroleum & natural gas
 revenue                   3,317    1,042     218    5,687    1,947     192
Cash flow from
 operations                1,876      184     920    2,415      445     443
  Per share (weighted
  average)                  0.07     0.01     600     0.10     0.02     400
Net earnings (loss)          566   (2,086)    n/a      806   (2,386)    n/a
 Per share (weighted
 average)                   0.02    (0.09)    n/a     0.03    (0.11)    n/a
Capital expenditures,
 net                       3,057    1,665      84    5,640    5,523       2
Working capital              293    1,833     (84)     293    1,833     (84)
----------------------------------------------------------------------------

Production
 Crude oil & NGLs
 (bbls/d)                    318      205      55      313      198      58
 Natural gas (mcf/d)          11      127     (91)      22      108     (80)
----------------------------------------------------------------------------
 Total (boe/d)               321      226      42      317      216      47

Realizations
 Crude oil & NGLs
 ($/bbl)                  113.68    50.01     127   100.00    49.40     102
 Natural gas ($/mcf)       11.51     8.10      42     9.43     7.70      22
----------------------------------------------------------------------------
 Average ($/boe)          113.48    50.69            99.65    49.36     102

Netbacks ($/boe)
 Petroleum & natural gas
  revenue                 113.48    50.69     124    99.65    49.36     102
 Processing                 0.22     0.37     (41)    0.11     0.41     (73)
 Royalties                (12.28)   (4.10)    200    (9.90)   (3.76)   1.63
 Operating costs          (22.83)  (22.19)      3   (20.99)  (23.15)     (9)
----------------------------------------------------------------------------
 Field netback             78.60    24.77     217    68.87    22.87     201
----------------------------------------------------------------------------



Glamis has filed on SEDAR its unaudited financial statements and related
Management's Discussion and Analysis ("MD & A") for the three and six months
ended June 30, 2008. Selected financial and operational information is outlined
below and should be read in conjunction with Glamis' unaudited financial
statements and related MD & A which are available for review at
www.glamisresources.ca or www.sedar.com. 


Glamis Resources Ltd. is a junior oil and gas company formed to generate and
develop its own prospects, acquire oil and gas properties and participate with
joint venture partners in oil and gas exploration and development in the Western
Canadian Sedimentary Basin. The Company's Class A shares and Class B shares
trade on the TSX Venture exchange under the symbols GLM.A and GLM.B. The Company
currently has 19,678,321 Class A shares and 922,500 Class B shares outstanding. 


FORWARD LOOKING STATEMENTS: Certain information regarding Glamis in this news
release including management's assessment of future plans and operations, timing
of drilling and tie-in of wells, productive capacity of the new wells and
productive capacity from different wells, expected production rates, drilling
success rates, dates of commencement of production, may constitute forward
looking statements under applicable securities laws and necessarily involve
risks including, without limitation, risks associated with oil and gas
exploration, development, exploitation, production, marketing and
transportation, loss of markets, volatility of commodity prices, currency
fluctuations, imprecision of reserve estimates, environmental risks, competition
from other producers, inability to retain drilling rigs and other services,
unexpected decline rates in wells, wells not performing as expected, delays
resulting from or inability to obtain required regulatory approvals and ability
to access sufficient capital from internal and external sources. As a
consequence, actual results may differ materially from those anticipated in the
forward-looking statements. Readers are cautioned that the foregoing list of
factors is not exhaustive. Additional information on these and other factors
that could effect Glamis' operations and financial results are included in
reports on file with Canadian securities regulatory authorities and may be
accessed through the SEDAR website (www.sedar.com). Furthermore, the forward
looking statements contained in this news release are made as at the date of
this news release and Glamis does not undertake any obligation to update
publicly or to revise any of the included forward looking statements, whether as
a result of new information, future events or otherwise, except as may be
required by applicable securities laws. The term "boe" may be misleading,
particularly if used in isolation. A boe conversion of 6 Mcf: 1 bbl is based on
an energy equivalency conversion method primarily applicable at the burner tip
and does not represent a value equivalency at the wellhead.