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Honey Badger Silver Inc press release

Rosia Montana EIA Pending Submission

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TSX Trading Symbol: GBU

TORONTO, April 12 /CNW/ - Gabriel Resources Ltd. ("Gabriel") announces that the environmental impact assessment ("EIA") for the Rosia Montana project is currently pending submission to the Romanian Ministry of Environment, together with all documents requested by the Ministry for a complete application. Recent media commentary from a foreign sponsored NGO opposed to the development of the Rosia Montana project stating that the EIA procedure for the project has been suspended, is both false and a gross misrepresentation of what was said in a meeting between Romanian Minister of the Environment, Sulfina Barbu, and the European Environmental Commissioner, Stavros Dimas. A press statement released by the Romanian Ministry of Environment confirms the inaccuracy of this commentary. "Circulating false and misleading statements regarding Gabriel's plans to develop the Rosia Montana project has become standard practice for this desperate NGO" commented Alan R. Hill, President and Chief Executive Officer of Gabriel, in reference to the continued campaign of misinformation perpetuated by foreign sponsored NGOs. Mr. Hill added that "Unfortunately, we can expect an increased level of misinformation as Gabriel continues the development of the Rosia Montana project. The Project will create employment, address the existing pollution and provide for a clean environment in the future as well as improve the living standards in the Rosia Montana region." A European Union delegation visiting Romania this week to discuss environmental matters commented that the permitting of the Rosia Montana project was a Romanian domestic affair, but that the European Union would continue to monitor the process. Gabriel welcomes such scrutiny, as the EIA has been prepared by an independent team of Romanian and European Union environmental experts and is fully compliant with all Romanian laws and European Union Directives, including the new European Union Mine Waste Directive. Gabriel expects the EIA to set new standards for mining projects in Romania and the European Union.

Gabriel is a Canadian based resource company committed to responsible mining and sustainable development in the communities in which it operates. Gabriel is currently engaged in the development of its 80% owned Rosia Montana gold project in Romania.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release and the information contained herein.

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