Great Western Minerals Group, Ltd. announced the resignations of three long-standing company directors, Gary Billingsley, Jim Engdahl and Bill McKnight. Mr. Billingsley and Mr. Engdahl remain available to the company on an "as required" consulting basis to ensure their expertise can be accessed by GWMG through the transition. The company continues to make steady progress with its CEO search process that has attracted highly qualified candidates and remains on track for the completion and release of its Preliminary Economic Assessment scheduled for the fourth quarter of 2012.