News Release

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

November 10, 2008

GREAT WESTERN MINERALS GROUP TO ISSUE SHARES

Saskatoon, Saskatchewan, November 10, 2008. Great Western Minerals Group Ltd. (“GWMG” or the “Company”) announces that, subject to the approval of the TSX Venture Exchange, the Company will issue a total of 1,339,961 common shares of GWMG at a price of $0.09 per share for a total value of $120,596.54 to settle outstanding debt obligations.

Specifically, 564,156 shares will be issued to Bennett Jones, LLP for a value of $50,774.06; JD Mollard and Associates Limited will receive 639,865 shares for a value of $57,587.86; and Transwest Air will receive 135,940 shares for a value of $12,234.62. All shares issued will be subject to a 4-month hold period following their issue.

Jim Engdahl, President, Great Western Minerals Group says, “We appreciate the consideration of these suppliers to accept payment in shares of GWMG. We want to ensure that we maintain sufficient cash for operations while keeping current with those providing services to us.”

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 subsidiaries of Less Common Metals Ltd. 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.

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.

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