Great Western Minerals Group Continues Work at Benjamin River

SASKATOON, SASKATCHEWAN, Oct 29 (MARKET WIRE) --
Great Western Minerals Group Ltd. (TSX VENTURE: GWG)(PINK SHEETS: GWMGF)
("GWMG" or the "Company") is pleased to announce that the next phase of
exploration work is now in progress at its Benjamin River rare earth
project in New Brunswick, Canada.

Fugro Airborne Surveys Corp. completed a 1712 line-km helicopter-borne
magnetic and radiometric survey over the project area. The goal of the
survey is to further delineate and extend the zone of known rare earth
mineralization and identify new areas of potential rare earth
mineralization. The data is now being compiled and interpreted. A
stream-sediment sampling program over the property has also been
initiated.

As announced in a news release of June 1, 2009, the Company completed
ground geophysics over the known exposures of a rare earth-bearing
apatite-diopside-magnetite vein system. This survey outlined a
geophysical anomaly approximately 1,200m long with widths up to 200m.
Previous trenches within the anomaly have been cleaned out with a backhoe
and geological mapping and sampling of the trenches is underway.

Based on the ground work completed to date, initial drill hole locations
have been selected, and Major Drilling has been awarded the contract to
complete a minimum of 2000m of core drilling before year end. The scope
of the drill program may be significantly expanded once the results of
the airborne geophysics and stream-sediment geochemistry have been
analyzed.

The budget for the current program is estimated at approximately
$750,000. Funding of these programs is also being provided by the New
Brunswick Junior Mining Assistance Program.

Previous sampling of the Benjamin River mineralization yielded
significant rare earth values (0.6% total rare earth oxide to 1.0% total
rare earth oxide) with "heavy" rare earth oxides (yttrium plus europium
through lutetium) representing 30% of the total rare earth content.
Significant values of phosphate and iron were also noted.

GWMG can earn a 100% interest in the Benjamin River property by making a
series of cash payments, issuing common shares, and granting a net
smelter return royalty to the vendor as reported in the Company's news
release of January 8, 2009.

Jim Engdahl, President and CEO notes, "With our balance sheet in order
and the Company debt-free, we can now focus our attention on aggressively
moving our rare earth projects forward as we strive to complete our
mine-to-market business model. We expect a steady stream of news in the
coming months as we advance several of our mineral projects and work on
expanding the value-added capability at our UK and US manufacturing
plants."

John Pearson, MSc, PGeo, Vice-President Exploration for GWMG, is the
qualified person responsible for reviewing the contents of this news
release.

About Great Western Minerals Group Ltd.

Great Western Minerals Group Ltd. is a Canadian-based company with six
rare earth exploration and development properties in North America with
an option on a sizable additional property in South Africa. In addition,
as part of the Company's strategy to pursue a vertically-integrated
business model, the Company's wholly-owned subsidiaries of Less Common
Metals Limited located in Birkenhead UK, and Great Western Technologies
Inc., located in Troy, Michigan, produce a variety of specialty alloys
for use in the battery, magnet and aerospace industries. These "designer"
alloys include those containing aluminum, copper, nickel, cobalt and the
rare earth elements.

Email inquiries should be made to info@gwmg.ca and the company website is
located at www.gwmg.ca. Inquiries by direct mail should be addressed to
Great Western Minerals Group Ltd., 226 Cardinal Crescent, Saskatoon, SK
S7L 6H8.

Cautionary Statement on Forward-Looking Information: Certain information
set out in this News Release constitutes forward-looking information.
Forward-looking statements (often, but not always, identified by the use
of words such as "expect", "may", "could", "anticipate" or "will" and
similar expressions) are based upon the opinions, expectations and
estimates of management of the Company as at the date the statements are
made and are subject to a variety of known and unknown risks and
uncertainties and other factors that could cause actual events or
outcomes to differ materially from those anticipated or implied by such
forward-looking statements. Readers are cautioned not to place undue
reliance upon forward-looking information. Although the Company believes
that the expectations reflected in the forward-looking statements set out
in this press release or incorporated herein by reference are reasonable,
it can give no assurance that such expectations will prove to have been
correct.

The TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this news release.

Contacts:
Great Western Minerals Group Ltd.
Ron Malashewski
Manager of Investor Relations
(306) 659-4516
Email: info@gwmg.ca
Website: www.gwmg.ca

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