News Release

TSX Venture Symbol: GWG
US Symbol: GWMGF
CUSIP 3914Y 10 3

May 21, 2008

DRILLING UNDERWAY AT DEEP SANDS UTAH

Great Western Minerals Group Ltd. (“GWMG” or the “Company”) is pleased to announce that the drilling is now underway on its 17,094-hectare Deep Sands Project in Juab County, near Delta Utah. The objective of this drilling program is to begin compiling sufficient data to complete a 43-101 compliant resource estimate leading to the development of a Preliminary Economic Assessment Report.

The program includes drilling 66 holes to a minimum depth of 30 metres each, at 1600-metre spacing to systematically evaluate the Rare Earth Element (“REE”) and iron content of this large property. In addition, a minimum of 1000 shallow holes will be drilled to a depth of approximately 6 metres to evaluate the near surface distribution of iron and REE.

This drilling is utilizing two, direct-push drill rigs, one track-mounted and one on wheels. The use of these types of rigs will facilitate the recovery of intact cores of the mineral sands, avoiding undue mixing of the material, allowing GWMG to delineate the distribution of iron and REE on the property. Samples will be analyzed on-site utilizing a NITON XRF Analyzer. In addition, approximately 10% of the samples will be sent to SGS Laboratories in Lakefield, ON to verify the results of the NITON analysis, and for Quality Assurance and Quality Control (QA-QC) purposes.

GWMG has allocated approximately $400,000 for this phase of the exploration program. Final results are expected in late summer 2008 but the timing for the receipt of the results is heavily dependent upon the workload and schedule of the assay lab.

Preliminary work completed in 2007 showed that the mineral sands persist to a depth of at least 80 metres (260 ft). Initial sampling by Titan Mining and confirmation sampling by GWMG, over widely separated areas of the property yielded an average grade of 0.14% Total Rare Earth Oxide (TREO).

Recent work has included the completion of sampling of significant thicknesses of the mineral sands exposed in gullies and washes; a 2,631 line-km Airborne Magnetic and Radiometric Survey which confirmed widespread distribution of magnetic mineralization and potential REE-bearing mineralization; and mineralogical testing utilizing QEMSCAN scanning electron microscope technology.

GWMG holds a 25% interest in the REE contained in the property and has the right to explore for rare earth elements. GWMG also has the right of first refusal to negotiate a participation agreement allowing the Company to recover 100% of the rare earth elements.

Jim Engdahl, President and CEO of Great Western Minerals Group said, “We believe the potential at Deep Sands is as big as the property itself. With the world demand for REE increasing at the rate it is, we are moving quickly to complete the work necessary to determine the magnitude of this resource.”

Gary L. Billingsley, P.Eng., P.Geo., is the Qualified Person responsible for reviewing the contents of this release.

Great Western Minerals Group Ltd. is a Canadian based company exploring for, and developing, strategic metal resources in North America. Pursuing a vertically-integrated business model, the Company’s wholly-owned subsidiary Great Western Technologies Inc., located in Troy, Michigan, produces a variety of specialty alloys for use in the battery, magnet and aerospace industries. These “designer” alloys include those containing copper, nickel, cobalt and the rare earth elements.

Jim Engdahl.
President

For further information, please contact Ron Malashewski, Manager of Investor Relations at (306) 659-4500. 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: The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

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