NICKEL-COPPER RESOURCE: URSA hope to expand resources at Shakespeare mine

ONTARIO - URSA Major Minerals of Toronto has resumed drilling to expand the resource at its Shakespeare open pit nickel-copper mine 70 km west of Sudbury. An initial two hole, 1,600-metre program is planned to test the eastern extension of the deposit, down plunge and 400 metres to the east. A bore hole time-domain EM survey of the drill holes will also be conducted.

Commercial mining began at Shakespeare in Q2 2010. Ore is treated at Xstrata Nickel's Strathcona mill to recover nickel, copper, cobalt, platinum, gold an silver.

Further information is available at www.UrsaMajorMinerals.com.