Gammon Gold to Release Third Quarter Financial Results on November 8, 2010

TORONTO, October 22, 2010 - Gammon Gold Inc. ("Gammon") (TSX:GAM and NYSE:GRS): is pleased to
announce that the Company's financial results for the three and nine month
periods ended September 30, 2010 will be released before the market opens on
Monday, November 8, 2010. The financial statements and related Management's
Discussion and Analysis 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, November 8, 2010
starting at 10:00 am Eastern Time (11:00 am Atlantic Time). Senior management
will be on hand to discuss the results.

Third Quarter 2010 Conference Call

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Conference Call Access:

- Toll Free: +1-888-231-8191

When the Operator answers please ask to be placed into the Gammon Gold

Third Quarter 2010 Results Conference Call.

Archive Call Access:

If you are unable to attend the conference call, a replay will be

available until midnight November 15, 2010 by dialing the appropriate

number below:

- Local Toronto Participants: +1-416-849-0833 Passcode: 11284258

- North America Toll Free: +1-800-642-1687 Passcode: 11284258

Third Quarter 2010 Webcast

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Live Webcast:

The 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(equalsign)3226740

Archive Webcast:

The webcast will be archived for 90 days by following the link provided

below:
www.newswire.ca/en/webcast/viewEvent.cgi?eventID(equalsign)3226740

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 in Chihuahua State achieved
commercial production in January 2007. Gammon also owns the suspended El Cubo
mine in Guanajuato State and has the promising Guadalupe y Calvo development
property in Chihuahua State. Gammon recently completed option purchase
agreements to acquire the Mezquite Project in Zacatecas State, Mexico and the
Venus project located north of the Ocampo mine. Gammon also recently signed a
definitive agreement to acquire the Los Jarros Project in Chihuahua State.
Since 2008, the Company has increased its Mexican land position by over 59%
and 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: For further information: please visit the Gammon
Gold website at www.gammongold.com or contact: Rene Marion, Chief
Executive Officer, Gammon Gold Inc., +1-416-646-3825; Anne Day, Director of
Investor Relations, Gammon Gold Inc., +1-902-468-0614

For further information: For further information: please visit the Gammon Gold website at www.gammongold.com or contact: Rene Marion, Chief Executive Officer, Gammon Gold Inc., +1-416-646-3825; Anne Day, Director of Investor Relations, Gammon Gold Inc., +1-902-468-0614