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General Metals Corp. (OTCBB:GNMT) just released some important news.

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M2 PRESSWIRE-30 June 2008-Stockwire.com: General Metals Corp. (OTCBB:GNMT) just released some important news.(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:30062008

General Metals Corp. (OTCBB:GNMT) just announced General Metals Hits 35 Feet of 0.619 Ounce per Ton Gold Equivalent Including Five Feet Assaying 0.311 Opt Gold and 200.5 Opt Silver .

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General Metals Corp. (OTCBB:GNMT) Monday June 30, 8:04 am ET

RENO, NV-Jun 30, 2008 - General Metals Corporation (OTCBB:GNMT) is pleased to announce results for holes GM 47 through and including GM 53. All holes encountered significant mineralization in the target zones, including a 35 foot interval in hole GM-52 that assayed a phenomenal 0.619 ounces per ton gold equivalent (opt Au Equiv.) which also contained a 5 foot interval assaying 0.311 opt Au and 200.5 opt Ag . Such high grade values are in keeping with historical production from the mine where previous operators encountered values to 60 ounces gold and over 15,000 ounces silver per ton.

The results presented in this press release are uncut length weighted averages. Common practice is to cap extremely high results such as in hole GM-52 by various methods, however historical data and production at the Independence confirm the presence of such high grade values throughout the historical mine area. If the highest grade interval in GM-52 is capped at 1.0 opt Au Equiv. the average grade of the reported 35 foot intercept would be 0.183 opt Au Equiv.

As has become almost typical at the Independence, all holes encountered mineralization within the target envelope as modeled and confirm the presence and continuity of mineralization. The intersection of significant high grade mineralization in hole GM-52 suggests potential for additional similar bonanza grade mineralization as exploration proceeds to the north and out of the area which has historically been mined. All mineralization remains open to the north along strike to depth.

The presence of significant high grade mineralization on the northernmost of the drill sections could dramatically enhance economic potential in the northern area of the property where the mineralized zone has historically been thought to be shallower than on the southern area explored to date. More importantly, there is no historic underground mining which would have depleted the high grade zones.

Hole GM-47 was drilled on Section 2400 North midway between 2007 holes GM-13 and 14. Holes GM-47 and GM-49 were drilled on Section 2600 North roughly 100 feet west and east of 2007 hole GM-28 respectively to expand mineralization encountered in that hole. Holes GM-50 and GM-51 were drilled on Section 3000 North to expand...