Onjuul Drilling Update

VANCOUVER, November 24 - Robert L. Card, President of Gulfside Minerals Ltd. (TSX.V - GMG)
("Gulfside" or the "Company"), is pleased to report from the Mongolian camp
site that the first hole of Gulfside's drilling program on the Onjuul coal
project in Mongolia has been completed, and yielded preliminary information
for comparison.

This first hole was located as an offset to hole No.12 of the
Russian/Mongolian exploration program from 1973 which was completed at a
depth of 90.5 meters. The first hole, NL-09-22C TB001, was cored to 120
meters and then changed to rotary drilling as a faster and more cost
effective method. The GPS location is 538626E x 5167713N. The hole was
completed at a depth of 201 meters.

                      HISTORIC                      ONJUUL - 2009
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                          Coal Intercept Comparison
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           Historic Hole No. 12          (x)Gulfside Hole No.TB001      Seam
    --------------------------------------------------------------------
    Top     Base     Thickness (m)     Top      Base     Thickness (m)    ID
    -------------------------------------------------------------------------
    9.60   16.20         6.60         8.96     15.65        6.69           1
    -------------------------------------------------------------------------
                                     16.45     17.36        0.91
    -------------------------------------------------------------------------
    52.00  63.50        11.50                                             2U
    ---------------------------------45.84      84.6       38.76-------------
    63.50  83.90        20.40                                             2L
    -------------------------------------------------------------------------
                                       130       136        6.00
    -------------------------------------------------------------------------
    Total (Meters)      38.50                 (Meters)     52.36
     Coal
    -------------------------------------------------------------------------
    (x) Seam intercepts and correlations are preliminary, pending geophysical
        logging

Robert Card, President of Gulfside stated, "we are very pleased to report
that the coal intercepts compare favorably with the offset hole No. 12 with
an additional seam of 6m being encountered lower in the section".

The core has been logged, split and boxed ready for testing at the
Stewart Mongolia LLC laboratory in Ulaanbaatar and will be shipped once
additional holes have been completed.

The Company's driller now has two rigs operating on a 24 hour basis (2 -
12 hour shifts), the camp has 21 sleeping gers, one office ger and a larger
mess hall ger to accommodate 44 personnel. For pictures of the camp and
drilling activities please visit the Company's website.

Kerry F. Griffin BSc., Diploma Eng Geol, MAIG, an independent consultant
to the Company and the qualified person as defined by National Instrument
43-101, has reviewed and approved the technical content of this news release.

    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.

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