GTA Partners With Metals Creek Resources in Yukon

GTA Resources and Mining Inc. ("GTA") (TSX VENTURE:GTA) is pleased to announce
that it has received regulatory approval for the Option Agreement with Metals
Creek Resources Corp. ("MEK") reported by press release on January 10, 2013
whereby GTA can earn a 51% to 70% interest in MEK's Squid East property in the
Matson Creek area of Yukon Territory. The 82 claim Squid East property was
initially staked by MEK in 2011 and there are no underlying royalties or other
interests on the property.


To earn an initial 51% interest, GTA must make cash payments of $60,000 over
three years ($20,000 due upon regulatory approval), issue a total of 2,000,000
GTA shares over three years (200,000 due upon regulatory approval) and incur
work expenditures of $2,000,000 over three years ($500,000 firm including a
minimum 400 meters of drilling by 1st anniversary). MEK will be the operator
during the earn-in period. Once a 51% interest is earned by GTA, either a 51/49
joint venture will be formed, or GTA may elect to earn an additional 19%
interest to bring its total property interest to 70%.


The terms to increase GTA's interest from 51% to 70% include payment of $210,000
and 400,000 GTA shares within 120 days of the 3rd anniversary date and incurring
an additional $1,000,000 in exploration expenditures by the 5th anniversary. GTA
would assume operatorship once it had earned a 51% interest.


About GTA

GTA is a publicly traded mineral exploration company. It is led by an
experienced and successful management team and is focused on gold exploration in
Canada. GTA currently has two active gold projects with Squid East being its
third. Its flagship project, the Northshore Project, located near Schreiber,
Ontario, is subject to an option agreement with Balmoral Resources Ltd. ("BAR")
whereby GTA can earn up to a 70% interest. The second project, the 100% owned
Auden Property, is located near Hearst, Ontario and consists of 1596 claim units
covering virtually an entire greenstone belt.


GTA has 25,481,855 shares outstanding of which insiders control approximately
30% of the outstanding shares. GTA's shares trade on the TSX Venture Exchange
under the symbol "GTA."


On behalf of the board of directors of GTA Resources and Mining Inc.

N. Wayne Reid, President and CEO 

For more information, please visit the corporate website at www.gtaresources.com.

This press release contains forward-looking statements and forward-looking
information (collectively, "forward looking statements") within the meaning of
applicable Canadian and United States securities laws. All statements, other
than statements of historical fact, included herein, including statements
regarding the anticipated content, commencement, duration and cost of
exploration programs, anticipated exploration program results, the discovery and
delineation of mineral deposits/resources/reserves, the timing of the receipt of
assay results, and business and financing plans and trends, are forward- looking
statements. Forward-looking statements are typically identified by words such
as: believe, expect, anticipate, intend, estimate, postulate and similar
expressions or are those which, by their nature, refer to future events.
Although the Company believes that such statements are reasonable, there can be
no assurance that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such
statements. The Company cautions investors that any forward-looking statements
by the Company are not guarantees of future performance, and that actual results
may differ materially from those in forward-looking statements. Important
factors that could cause actual events and results to differ materially from the
Company's expectations include those related to weather, equipment and staff
availability; performance of third parties; risks related to the exploration
stage of the Company's projects; market fluctuations in prices for securities of
exploration stage companies and in commodity prices; and uncertainties about the
availability of additional financing; risks related to the Company's ability to
identify one or more economic deposits on the properties, and variations in the
nature, quality and quantity of any mineral deposits that may be located on the
properties; risks related to the Company's ability to obtain any necessary
permits, consents or authorizations required for its activities on the
properties; and risks related to the Company's ability to produce minerals from
the properties successfully or profitably. Trading in the securities of the
Company should be considered highly speculative. All of the Company's public
disclosure filings may be accessed via www.sedar.com and readers are urged to
review these materials, including the latest technical reports filed with
respect to the Company's mineral properties.


This press release is not, and is not to be construed in any way as, an offer to
buy or sell securities in the United States.


FOR FURTHER INFORMATION PLEASE CONTACT: 
GTA Resources and Mining Inc.
N. Wayne Reid
President and CEO
709-699-1733
www.gtaresources.com
Balmoral Resources Ltd (TSXV:BAR)
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