The information on this website should be read in conjunction with the Gabriel Resources news release dated January 20, 2015 which addresses the dispute with Romania regarding the development of the Roşia Montană gold and silver project and the subsequent news release dated July 21, 2015 which announces that Gabriel Resources has filed a Request for Arbitration before the World Bank's International Centre for Settlement of Investment Disputes ("ICSID") against Romania pursuant to the agreements between the Government of Romania and each of the Government of Canada and the Government of the United Kingdom of Great Britain and Northern Ireland for the Promotion and Reciprocal Protection of Investments (the "ICSID Arbitration" or "Arbitration"). On January 10, 2017 a timeline for the Arbitration was issued by the Tribunal. To access this timeline and for updates on the Arbitration, please click here
Gabriel Resources Ltd. ("Gabriel" or the "Company") is a Canadian TSX-listed (GBU.TSX) resource company. Since 1997, the Company’s principal focus has been the exploration and development of the Rosia Montana gold and silver project in Romania (the “Roşia Montană Project” or the “Project”) to operational status. More recently, the ICSID Arbitration has now become the core focus of the Company.
The information set out below and elsewhere in this website relating to the Roşia Montană Project, the Exploitation License, the Company’s exploration and development activities in Romania, the Project approval and permitting process and reported gold and silver resources and reserves is for background purposes only and should not be interpreted as being indicative of the Company’s current expectations regarding the future development of the Roşia Montană Project.