Laramide Reports Results from Drilling at Westmoreland

~ Highlights Include Hole LPDD10-006 with 4 Metres Grading 0.29% U₃O₈ and Hole WDD-004 with 9 Metres Grading 0.16% U₃O₈ ~

Laramide Resources is pleased to release assay results for drilling completed in September 2010 at its 100% owned Westmoreland project located in North West Queensland, Australia. A total of 19 diamond drill holes for 1377.9 metres were drilled in August and September 2010. Of the 19 drill holes, 7 holes were drilled for 630.40 metres at Huarabagoo, and 12 holes were drilled for 747.50 metres at Long Pocket.

The Long Pocket area is located 8km east of Junnagunna and incorporates the historic Sue, Outcamp and Black Hills prospects. Drilling at Long Pocket was undertaken to test the tenor and distribution of mineralization at the historic Outcamp prospect area. Drilling at Huarabagoo was undertaken primarily to obtain structural data on mineralizing structures in the northern part of that prospect. The Huarabagoo drilling confirmed the Huarabagoo mineralization is bound by steep structures broadly parallel to the Redtree Dyke with indications of horizontal mineralization in coarser more permeable sandstone facies. Diagrams are available on our company website at www.laramide.com .

Best results for the program included:

• LPDD10-004 (Long Pocket) with 4m at 0.13% U₃O₈ from 19m below ground level;
• LPDD10-006 (Long Pocket) with 4m at 0.29% U₃O₈ from 23m below ground level;
• LPDD10-009 (Long Pocket) with 15m at 0.09% U₃O₈ from 5m below ground level;
• WDD10-150 (Huarabagoo) with 16m at 0.08% U₃O₈ from 19m below ground level;
• WDD10-151 (Huarabagoo) with 9m at 0.16% U₃O₈ from 22m below ground level;

Assay results are summarized in TABLE 1

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