Geomark Acquires Gold Exploration Property in Utah

Geomark Exploration Ltd. (TSX VENTURE:GME) is pleased to announce that it has
concluded a deal to acquire a 100% interest in the Kings Canyon gold property in
the southwest corner of Utah. The transaction is a two part deal as follows:


a) Geomark assumes the existing Joint Venture (the "Crown JV") with Crown
Resources Ltd. ("Crown") (an indirect subsidiary of Kinross Gold Corporation) on
a claim block hosting a 200,000 oz. gold historical (non-NI43-101) mineral
resource(ii). Under the Crown JV, Geomark has an all or nothing option to
acquire a 100% interest in the lands (and the historical resource) by paying
Crown US $1million prior to December 6, 2013. The property carries two Net
Smelter Royalties ("NSR's") totaling 5%. 


b) Geomark purchases a 100% interest in claims surrounding the Crown JV lands
from Invenio Resources Corp. and Palladon Ventures Ltd. for CDN $325,000. NSR's
on these claims range from 2 to 5%.


Geomark intends to begin drilling on the properties as soon as possible. The
goal is to develop a critical mass of near surface, low grade gold
mineralization of sufficient size to justify a low cost heap leaching operation.
Several zones of gold mineralization, outside of the existing resource, have
been identified on the claim block. The property has good exploration potential.



(ii) The reader is cautioned that the above referenced "Historical Mineral
Resource" is considered historical in nature and is based on prior data and
reports (Crown Resources 10-K Report December 2002) prepared by previous
property owners prior to the existence of National Instrument 43-101. The
historical resource is based on parameters of 6,800,000 tons at a grade of 0.03
oz/ton gold (1.02 g/t gold) for 204,000 ounces gold, using a cut-off of 0.013
oz/ton (0.44 g/t) gold. The work necessary to verify the reliability and
classification of this mineral resources estimate has not been completed by
Geomark and we confirm that the Historical Mineral Resource estimate therefore
cannot be treated as NI43-101 compliant resources verified by a Qualified
Person. Geomark is not treating the historical resource estimate as a current
mineral resource or reserve. The historical estimate should not be relied upon
and there can be no assurance that any of the historical resources, in whole or
in part, will ever become economically viable. Geomark will determine what
future steps will be required to upgrade the historical resource estimate to an
NI43-101 compliant mineral resource.


Doug Dumka, P.Geo. is the Exploration Manager for Geomark Exploration Ltd. and
is the designated Qualified Person (Q.P.) for the Kings Canyon Project.