Gulfside Updates Erdenetsogt Property Litigation

TSX.V - GMG

VANCOUVER, April 5, 2010 - Robert L. Card, President of Gulfside Minerals Ltd. ("Gulfside" or the
"Company"), reports that Gulfside has filed a writ in the Sukhbaatar District
Court in Ulaanbaatar, Mongolia, seeking to rescind the transfer of shares of
ECM LLC, ("ECM"), the company holding the Erdenetsogt exploration License to
Mangreat Group Ltd. ("Mangreat"), a British Virgin Islands company. Once the
court action is initiated, Mangreat will be called as Respondent to the court
proceedings to the court as well.

The basis for the litigation is Gulfside's right as a shareholder of ECM,
under an Agreement dated June 17, 2007, and later approved by the Supreme
Court of Mongolia, holding five percent (5%) of the shares of ECM and by
virtue thereof to a right of first refusal to purchase any shares of ECM
offered for sale by other shareholders. Monrospromugoli LLC ("MRPU") in
November of 2007, ostensibly transferred the shares of ECM for five million
dollars, and Gulfside alleges that it had the right under Mongolian law to
buy the said shares as a shareholder of ECM.

Under the writ, Gulfside is seeking to have the, now, ninety five percent
(95%) owned by Mangreat returned to Mongolia and offered to Gulfside.
Gulfside has already been awarded 5% of ECM shares under an Agreement signed
with MRPU on June 17, 2007 which precedes the date of transfer of the shares
to the offshore company in November 2007. (See Company's News Release of
September 29, 2009)

    On Behalf of the Board of Directors,
    Gulfside Minerals Ltd.

    "Robert L. Card"

    Robert L. Card
    President

"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."

Forward-Looking Statements: This document includes forward-looking
statements. Forward-looking statements include, but are not limited to,
statements concerning GMG's planned exploration program in Mongolia and other
statements that are not historical facts. When used in this document, the
words such as "could," "plan," "estimate," "expect," "intend," "may,"
"potential," "should," and similar expressions are forward-looking
statements. Although GMG believes that its expectations reflected in these
forward looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that
could cause actual results to differ from these forward-looking statements
are disclosed under the heading "Risk Factors" and elsewhere in the
corporation's periodic filings with Canadian securities regulators.

SEDAR: 00007921E

For further information: Investor Contact: Del Thachuk, Delmor
Enterprises Ltd., +1-604-538-5995, delthachuk@shaw.ca,
www.gulfsideminerals.com, www.gulfsideminerals.de

For further information: Investor Contact: Del Thachuk, Delmor Enterprises Ltd., +1-604-538-5995, delthachuk at shaw.ca