G4G Resources Ltd. Enters Into an Option Agreement With Almaden Minerals Ltd.

G4G Resources Ltd. (TSX VENTURE:GXG) ("G4G") is pleased to announce that it has
entered into an option agreement with Almaden Minerals Ltd. ("Almaden") pursuant
to which G4G has the option to acquire a 60% legal and beneficial interest in a
property. The property includes 28 mining claims located on the Yago property in
the state of Nayarit, Mexico on approximately 22,898.2 hectares.


To earn its interest in the property, G4G is required to:



1.  Pay CAD$50,000 and issue 500,000 common shares of G4G to Almaden within
    five (5) business days of acceptance of this transaction by the TSX
    Venture Exchange;
2.  Complete an aggregate of US$6,000,000 in exploration expenditures on the
    property over a five year period (of which US$500,000 must be incurred
    in the first year); and
3.  Make aggregate payments to Almaden of 2,500,000 common shares of G4G (of
    which 500,000 must be issued in the first year) at a deemed price of
    $0.07 per share.



Following G4G earning its 60% interest in the property, G4G may elect to earn a
further 10% interest in the property by completing a bankable feasibility study
within seven years of the date of the option agreement. Upon G4G earning its 60%
interest in the property, G4G and Almaden shall form a joint venture with G4G
continuing to act as the operator. Should G4G earn 60% but not complete a
bankable feasibility study within this timeframe, G4G would be required to pay
Almaden 2,000,000 common shares of G4G and a 60/40 joint venture would then be
entered into.


The Option Agreement remains subject to required approvals by Almaden's board of
directors and the TSX Venture Exchange.


About G4G Resources Ltd.

G4G Resources Ltd. is a Canadian-based mineral exploration and development
company focused on a number of low cost iron ore projects and copper-gold
projects on Vancouver Island.


Forward-Looking Statement

This document may contain or refer to forward-looking information based on
current expectations, including, but not limited to timing of mineral resource
estimates, future exploration or project development programs and the impact on
the Company of these events. Forward-looking information is subject to
significant risks and uncertainties, as actual results may differ materially
from forecasted results. Forward-looking information is provided as of the date
hereof and we assume no responsibility to update or revise them to reflect new
events or circumstances. For a detailed list of risks and uncertainties, as it
relates to G4G Resources Ltd., please refer to the Company's 2010 year end
audited financial statements filed with SEDAR on April 28, 2011.