August 11^th, 2010,VANCOUVER, B.C.– GEO MINERALS LTD. (GM-TSX:V) (“GEO” or the “Company”) announces it has arranged a non-brokered private placement of up to ten million units at a price of $0.05 per unit for gross proceeds of up to $500,000.

Each unit consists of one common share in the capital of the company and one half common share purchase warrant. Each whole warrant entitles the holder to purchase one additional share at a price of $0.10 per share for a period of 18 months from the date of issuance.

The proceeds from the private placement will be used to advance the Company’s Silver Bell West and Copper Springs properties as well as for general working capital.

A finder's fee will be payable on the private placement in accordance with the policies of the TSX Venture Exchange. The private placement is subject to TSX Venture Exchange acceptance.

Geo Minerals is a junior exploration company actively seeking mineral and energy opportunities for the benefit of all our stakeholders, with four active porphyry copper projects in Arizona. For further information we invite you to visit us at www.geominerals.ca.

ON BEHALF OF THE BOARD

Signed “Michael England”                                             
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; Facsimile: 1-604-683-3988

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.