Gammon Gold to Release 2010 Year End Financial Results and Host an Analyst Day Webcast on March 28, 2011

TORONTO, March 9, 2011 - Gammon Gold Inc. ("Gammon Gold") (TSX:GAM) and (NYSE:GRS) is pleased to
announce that the Company's audited year-end financial results for the period
ended December 31, 2010 will be released before the market opens on Monday,
March 28, 2011. The financial statements will be available on the Company's
website at www.gammongold.com or www.sedar.com.

A webcast and conference call will be held on Monday, March 28, 2011
starting at 10:00 am Eastern Time. Senior management will be on hand to
discuss the results.

A live webcast of the Company's Analyst Day presentations will be
available on March 28, 2011 at 11:00 a.m. Eastern Time, directly following
the Company's year-end 2010 results conference call and webcast.

    Conference Call Access:
    -----------------------

    - Canada & US Toll Free: 1-(888)-231-8191
    - International & Toronto: 1-(647)-427-7450

When the Operator answers please ask to be placed into the Gammon Gold
Fourth Quarter and Year End 2010 Results Conference Call.

    Conference Call and Analyst Day Live Webcast:
    ---------------------------------------------

The conference call and Analyst Day event will be broadcast live on the
internet via webcast.

To access the webcast please follow the link provided below:

www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3390640

    Archive Call Access:
    --------------------

    If you are unable to attend the conference call, a replay will be
    available until midnight, April 4, 2011 by dialing the appropriate number
    below:

    - Local Toronto Participants: 1-416-849-0833 Passcode: No.40954049
    - North America Toll Free: 1-800-642-1687 Passcode: No.40954049

    Archive Webcast:
    ----------------

The webcast will be archived for 365 days by following the link provided
below:

www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3390640 or via
the Company's website at www.gammongold.com.

About Gammon Gold

Gammon Gold Inc. is a mid-tier gold and silver producer with properties
in Mexico. Gammon's flagship Ocampo Property is located in Chihuahua State.
Gammon also owns the El Cubo mine in Guanajuato State and the Guadalupe y
Calvo development property in Chihuahua State. In 2010 Gammon completed
option purchase agreements to acquire the Los Jarros and Venus Projects
located directly north and east of the Ocampo mine, the Mezquite Project in
Zacatecas State, and has signed a binding Letter of Intent to joint venture
into the La Bandera gold project in Durango State. The Company has made
strategic investments in Golden Queen Mining Co. Ltd. and Corex Gold
Corporation. The Company's Executive Office is located in Toronto, Ontario.

For further information: please visit the Gammon Gold website at
www.gammongold.com or contact: Scott Perry, Chief Financial Officer,
Gammon Gold Inc., +1-416-646-3825; Anne Day, Director of Investor Relations,
Gammon Gold Inc., +1-416-646-3825

For further information: please visit the Gammon Gold website at www.gammongold.com or contact: Scott Perry, Chief Financial Officer, Gammon Gold Inc., +1-416-646-3825; Anne Day, Director of Investor Relations, Gammon Gold Inc., +1-416-646-3825