Terralene Fuel Provides Most Comparable Mileage to Gasoline Over Other Alternative Fuels

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NEW YORK, May 18, 2011 (GLOBE NEWSWIRE) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT) reports that its wholly owned property, Terralene® Fuels, a proprietary patented fuel formulation that can replace gasoline as a stand alone fuel or fuel additive has completed numerous test runs on different makes of vehicles. Terralene's fuel composition is 55% petroleum based and 45% from renewable energy sources.

NEW YORK, May 18, 2011 (GLOBE NEWSWIRE) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT) reports that its wholly owned property, Terralene® Fuels, a proprietary patented fuel formulation that can replace gasoline as a stand alone fuel or fuel additive has completed numerous test runs on different makes of vehicles. Terralene's fuel composition is 55% petroleum based and 45% from renewable energy sources.

In-house beta testing of Terralene as a fuel alternative was conducted in vehicles like the Mazda3, Pontiac HHR, Ford Explorer, Ford Pick-Up Truck, Honda Pilot and the Jaguar Vanden Plas over periods ranging from one week to one year. All of the vehicles tested responded extremely well to the fuel with no negative effects. Drivers felt that the engine had more power than usual and ran quieter than normal. Unlike other alternative fuels, vehicles using Terralene do not need any engine modifications.

In addition, while most vehicles fueled with biofuels and compressed natural gas (CNG) emit less carbon emissions than gasoline, which Terralene also does, they do not provide the same mileage for the amount of fuel used in a vehicle as gasoline. Terralene provides almost exactly the same mileage distance that gasoline does, making Terralene a more convenient and economical fuel alternative for the future.

"The results were extremely encouraging and reconfirms how viable Terralene is as an alternative fuel," states Jaclyn Cruz, President of the Company.

About Terralene Fuels

Terralene® is a patented, proprietary, alternative fuel formulation which reduces greenhouse gases and other environmentally damaging emissions which are prevalent in existing gasoline combustion engines. Although the formulation is somewhat based on fossil fuels and other non food chain agricultural components, it is designed as a Green and Clean Alternative Renewable Fuel. The internationally known law firm of Gowling Lafleur Henderson LLP is retained to manage the Terralene Patents and Trade Marks.

Visit our site:

/s/ Jaclyn Cruz
Jaclyn Cruz, President

For further information contact: 1-888-488-6882

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Golden Spirit's filings with the Securities & Exchange Commission.

CONTACT: Jaclyn Cruz, President 1-888-488-6882 www.goldenspirit.ws
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