NEWS RELEASES

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Encouraging Field Program at Gossan’s Separation Rapids Lithium Property - Gossan has compiled the results of a field program conducted at its 432-hectare Separation Rapids Lithium Property, located north of Kenora, Ontario and immediately adjacent to Avalon Rare Metals’ Big Whopper property, one of the largest rare metal pegmatite deposits in the world.

Gossan Engages T2W Market Liquidity -
has engaged T2W Market Liquidity (“T2W”) effective October 2, 2009, to provide market liquidity services for its common shares listed on the TSX Venture Exchange.

Gossan elects New Director at Annual Shareholders Meeting -
held
its Annual and Special Shareholders Meeting in Winnipeg on September 29, 2009. The proposed management slate of Directors – Douglas Reeson, Charles de Chezelles, Ryan Cooke, William McGuinty, Andrew Thomson and MaryAnn Mihychuk - were elected to the Board.

More positive Results for Gossan's Zuliani Magnesium Process -
Gossan continues to receive encouraging results from its ongoing investigation of the Zuliani Process for extraction of magnesium metal from dolomite.

Gossan Awards Incentive Stock Options -
Gossan has awarded 526,000 incentive stock options exercisable at $0.15 per common share to officers, directors and consultants of the Company.

Gossan’s Partner Provides Coppermine Drill Results at the Bird River Project - Gossan has been advised by its joint venture partner, Marathon PGM Corporation (“Marathon”), of the completion of a 6 hole, 549 metre drill program on the Coppermine Zone located at the western end of the Bird River Project in southeast Manitoba.

Gossan Receives Favourable Phase I Bench-Scale Magnesium Process Results - Gossan has been advised by Process Research Ortech (PRO) of favourable results from its Phase I bench scale testing of the Zuliani Process for extraction of magnesium metal from dolomite.

Gossan’s JV Partner Intersects 2.8 m of 2.66% Nickel, 2.10% Copper, 15.25 gpt Silver and 2.03 gpt PGM & Gold on Bird River Project -Gossan has been advised by its joint venture partner, Marathon PGM Corporation (“Marathon”), of the latest assay results from the first phase of drilling at the Ore Fault North Zone and the Page Block within the Bird River Project

Gossan Conducting Magnesium Testwork At Process Research ORTECH - Gossan is pleased to announce that an initial phase of bench scale testing of the Zuliani Process to extract magnesium metal from dolomite is nearing completion at Process Research ORTECH Inc. (PRO) of Mississauga, Ontario.

Initial Drill Results From Gossan-Marathon’s Bird River Project - Gossan has been advised by its joint venture partner, Marathon PGM Corporation (“Marathon”), of initial assay results from the first phase of drilling at the Ore Fault Zone within the Bird River Project.

Gossan Appoints New CFO and Awards Stock Options - Gossan has appointed Carmello Marrelli as Chief Financial Officer and Corporate Secretary of the Company.

Drilling Underway at Gossan-Marathon’s Bird River Project - Gossan has been advised by its joint venture partner, Marathon PGM Corporation, that the planned winter drilling campaign at the Bird River Project is now underway.

Two NI 43-101 Resource Estimates Completed At Gossan – Marathon PGM’s Bird River Project - Gossan has been advised by its joint venture partner, Marathon PGM Corporation, that initial resource estimates have been completed for two zones on the Bird River Project, the Page Block and the Ore Fault North Zone.

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