General Metals Corporation. The Company is pleased to report it has received the required documents to complete the acquisition of 100% interest in Mikite Gold Resources (”Mikite”), a Ghanaian corporation with exclusive exploration rights to the 150 square kilometer Nyinahin mining concession near Bibiani, Ghana. The Mineral rights are for gold, diamonds and base metals.

The terms of acquisition will require General Metals to issue 1,000,000 restricted common shares with 1,000,000 share purchase warrants attached, priced @ $0.26 for a period of 2 years in satisfaction of full and complete payment for 100% interest in the above concession. General Metals plans to take over operations as soon as possible and has budgeted $260,000US for exploration over the next 2 years based upon geologists’ recommendations.

As mentioned in the Company’s February 26, 2007 press release, we are in the confidentially stage and conducting mutual due diligence on a fully permitted open pit gold mine in Ghana. This mine is reported to contain over 500,000 ounces of historically known gold which runs about 6 grams / ton of ore. There has been over $15,000,000.00 spent on exploration and a large local gold company mined the initial 500,000 tons of surface material. A decline is in place with all permits required to commence operations.

Steve Parent, General Metals President and CEO comments: “This acquisition target, if successfully completed, will enable us to develop an early cash flow in Ghana, that is consistent with our business development model enabling exploration through production. It is less dilutive to the shareholders if we can establish operational cash flow early on, as we are planning at our Independence Mine, in Battle Mountain, Nevada. The cash flow component takes a lot of risk out of the future exploration and development objectives of our Company. Having an initial 500,000 or so ounces of gold and 150 sq. km. of potential for exploration, gives us a darn good reason to be there.”

About General Metals: We currently control 100% of The Independence claims which are completely surrounded by Newmont Mining’s Phoenix Mine (www.newmont.com) and is a 240-acre island with legal access. From 1983 — 1997 there were several exploration campaigns conducted by Noranda, Teck Exploration, Northern Dynasty and Great Basin Minerals which resulted in about 80 reverse circulation and core drill holes being drilled and reported. Two distinct targets were identified, a shallow target with an estimated 235,000 ounces of gold and 2,500,000 ounces of silver and a deep target with between 800,000 and 2,000,000 ounces of gold potential. The 1997 Carrington Report, the 1997 Akright Report, the 2006 Carew Report and the 2005 Frost and Larsen findings are available for review in their entirety at the Company’s office in Reno, Nevada. An Executive Summary is available on the Company’s website www.generalmetalscorporation.com

The Company has an initial exploration budget for the Independence Mine of $1,350,000 which will be expended for geology, geophysics, Phase 1 drilling and early permitting.

Targeted recovery: 235,000 oz. of gold and 2.5 million oz. of silver.

Notice Regarding Forward Looking Statements:

This news release contains “forward-looking statements”, as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the closing of the acquisition of Mikite Gold Resources and the Nyinahin Mining Concession, the mineralization, reserves or resources in the Concession, any potential cash flow from development of the Mining Concession, the budget for, and any exploration of, the Mining Concession to be acquired, any production from mining operations in Ghana, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the Independence target, and the budget, expenses and permitting associated with any Phase 1 drilling program.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2006 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:

General Metals Corporation
Steve Parent, CEO, 775-686-6078
Cell: 775-721-6428
generalmetals@hotmail.com

Source: General Metals Corporation

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