Drill Program Results On Lucky Shot Property

Drill Program Results On Lucky Shot Property

VANCOUVER, BC – Full Metal Minerals Ltd. and Harmony Gold Corp reported results from an infill and step-out drilling program completed at the Lucky Shot Gold Property, located 90 miles north of Anchorage, Alaska. During September and October of 2009, 26 drill holes were completed totaling 4,200 meters of drilling.

The objective of the 2009 drilling program was to infill and expand the high-grade Coleman block of the Lucky Shot Shear zone with the goal of commencing an underground development and bulk sample program in Q2, 2010. Highlights include:

C09-152: 3.6 meters averaging 24.14 g/t Au, C09-153: 0.9 meters averaging 102.00 g/t Au, C09-158: 0.6 meters averaging 58.20 g/t Au, C09-169: 3.7 meters averaging 19.23 g/t Au, C09-171: 7.3 meters averaging 36.38 g/t Au.

These results, coupled with previous drilling by Full Metal over the past several years, confirm the presence of high-grade gold/quartz mineralization within the Lucky Shot shear zone. Recent intercepts include hole C09-171, which encountered 7.3 meters averaging 36.38 g/t Au, including 1.9 meters averaging 125.48 g/t Au. Hole C09-153, was completed in an area of sparse drilling, approximately 50 meters up-dip of the historic Coleman block workings. This hole encountered 0.9 meters averaging 102.00 g/t Au.

The purpose of the 2010 program is to: 1) complete engineering studies, metallurgical testwork and environmental studies; 2) subject to a positive outcome construct underground access to the Coleman block; 3) complete additional surface drilling; and 4) collect and process a bulk sample to confirm the continuity of high-grade gold mineralization within the Lucky Shot shear.

A 200 ton per day mill is currently on the Property. Full Metal and Harmony intend to commence phase one in March 2010, and subject to positive results therefrom start site preparation for the development ramp shortly thereafter. The parties hope to begin construction to drive the exploration ramp to the Coleman Zone in late spring/early summer 2010. The Companies intend to commence mining and processing the bulk sample in the spring of 2011.

The company’s address is Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2, 604.484.7855, fax: 604.484.7155, email: [email protected].