Galore Resources Inc. announced that Mr. Uwe Schmidt, the company's President, has accepted a position on Galore's Board as a Director of the company. Additionally, Mr. Michael McMillan, the company's Chief Executive Officer and Director has been appointed as Chairman of the company.

Galore Resources Inc. reported unaudited consolidated earnings results for the second quarter and six months ended Sep. 30, 2012. For the quarter, the company reported loss before other items of CAD 115,514 against CAD 262,866 a year ago. Loss and comprehensive loss for the year was CAD 115,214 against CAD 285,989 a year ago. For the six months, the company reported loss before other items of CAD 228,847 against CAD 432,892 a year ago. Loss and comprehensive loss for the year was CAD 226,495 against CAD 482,482 or CAD 0.01 per basic and diluted share a year ago. Net cash used in operating activities was CAD 203,652 against CAD 458,743 a year ago. Exploration and evaluation asset expenditures were CAD 212,189 against CAD 396,336 a year ago.

Galore Resources Inc. announced the appointment of Mr. Uwe Schmidt, P. Geo. as president of the company. Mr. Schmidt was originally Galore's VP of Exploration from 2006, shortly before Galore began trading on the TSX-V, initially focusing on the development of the company's Taseko Property and then on to expanding exploration into Mexico until July 2011.