General Metals Update: Hole GM-24 Intersects 260 Feet of Oxide Mineralization From 25 to 285 Feet at Wilson Independence Gold - Silver Project

Market Wire, March, 2008

General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) is pleased to announce that drilling at the Company's Wilson Independence Property has encountered additional significant widths of near surface, oxide mineralization. Significant intercepts include 260 feet in hole GM-24 from 25 to 285 feet, 160 feet in hole GM 26, and 120 feet in hole GM - 27. These results and others are summarized below in Table 1.

All holes encountered significant mineralization within the targeted zones and most drill intersections were significantly larger than originally modeled. Holes GM 24 and 25 are situated on Section 3200 North and holes GM-26 and 27 are situated on Section 3000 North.

Discussion

Section 3200 North is the northern most section drilled during the Company's 2007 RC drilling program. The results for GM 24 and 25 clearly demonstrate that mineralization is open to the north where the Company controls more than 3,200 feet of additional claims along the projected strike of the mineralization and where historic surface geochemical sampling has returned highly anomalous values exceeding 500 ppm in soils.

Section 3000 North, where the Company completed holes GM- 26 and 27, is situated 200 feet south of Section 3200 North. These holes intersected mineralization much wider than anticipated, with an estimated true thickness of mineralization of 100 to 175 feet.

Drilling continues to define a body of near surface, completely oxidized mineralization with excellent continuity along strike and down dip. Mineralized drill intercepts correlated will up and down dip and along strike from section to section. The interpretation is supported by accessible mine workings. Potentially surface bulk mineable mineralization in the Company's drill intercepts is consistently wider than anticipated from underground mapping and sampling results.

The mineralized zone intersected in drilling typicall consists of a higher grade core surrounded be a broad halo of low grade which is often 100 to 200 feet wide. All mineralization encountered is thoroughly oxidized throughout the zones being tested. Exposures in historic mine workings suggest the mineralization is oxidized to depths of more than 400 feet below the present surface and has a high degree of continuity along strike and down dip.

Results including grade, width, and oxide nature of mineralization, indicate excellent potential for a low cost, open pit heap leach operation with near term production potential for which planning is underway.

The orientation of the mineralized zone at the Independence allows the Company to drill holes which are roughly perpendicular to mineralization, resulting in drill intercepts which are believed to represent approximate true thickness.

Company CFO, Dan Forbush, CPA said: "The continuity of mineralization over these unexpected widths gives Management further confidence in our proposed mining and processing operation. Planning is underway as is Stage 2 Phase 1 drilling. This next round of drilling is designed to bring us to a CNI 43-101 reportable resource category and should enable the generation of a mine model from which to commence operations once permits are complete. It is also encouraging that, so far, every hole ever drilled on the Independence encounters mineralization, including all Stage 1 Phase 1 holes completed in 2007."

The following table provides salient data for these holes.

                       Mineralized Intercepts               Gold Equivelant
Drill      From   To Intercept Gold    Gold  Silver Silver  oz/t Au  g/t Au
Hole      (feet)(feet) (feet)  oz/t    g/ton  oz/t  g/ton   Equiv    Equiv.
                                                            @ $15
                                                            Ag
                                                            $800
                                                            Au

GM-24        25   285    260   0.020   0.62   0.22   6.84   0.024    0.75
Including    25    45     20   0.034   1.06   0.24   7.37   0.038    1.20
Including   150   285    135   0.025   0.78   0.30   9.33   0.031    0.95

GM-25         0    15     15   0.011   0.24   0.48  14.94   0.020    0.63
 and        130   165     35   0.010   0.30   0.23   7.15   0.014    0.43

GM-26       225   385    160   0.020   0.62   0.48  14.87   0.029    0.90
Including   225   235     10   0.044   1.35   0.96  29.80   0.061    1.91
Including   290   330     40   0.032   1.00   0.61  18.96   0.044    1.35

GM-27        40   160    120   0.008   0.24   0.56  17.32   0.018    0.56
 and        100   140     40   0.012   0.36   1.15  35.68   0.033    1.03

Results

Section 3200 North

Holes GM 24 and GM 25 were completed from a single drill site on Section 3200 North and successfully tested projections of mineralization in this area. Hole GM-24 was drilled easterly at an inclination of 84 degrees below horizontal, while hole GM-25 was drilled easterly at 45 degrees below horizontal. Hole GM-24 unexpectedly encountered mineralization at 25 feet, and continued in mineralization to 285 feet. This hole was originally not projected to intersect mineralization until 190 feet. Hole GM-24 also interesected an unmapped stope from 75 to 90 feet, within the mineralized zone. The Company interprets the extensive zone of mineralization in GM-24 as being related to a large cross fault which provided additional ground preparation and resulting the the depositing of large volumes of mineralization in and near the m ineralized intersection zone.