Lions Gate Metals Inc.: Poplar Property Land Staking Completed

Lions Gate Metals Inc.: Poplar Property Land Staking Completed

Lions Gate Metals Inc. announce that the Company has completed their staking of the Poplar Project land claim with a total of 49,683 hectares surrounding both the Poplar and China Creek projects. These claims were staked to cover the entire potential porphyry copper body in the region.

Work has commenced on the Poplar/China Creek project to prepare the property for the permit application process in anticipation of the proposed drill program next spring. Current work includes environmental and archaeological studies as well as geologic work to determine the drill hole locations to further define and update the NI 43-101 resource on the property.

With Teck Cominco reporting that they are currently mining an average grade of 0.31% copper, large porphyry style copper deposits such as the Poplar remain very economic, even in the face of a recent adjustment in copper prices. The NI 43-101 completed in March, 2005 on the Poplar project defined the resource as having an average grade of 0.32%, excluding the China Creek deposit, which may substantially add to the resource estimate and grade.

LGM remains confident on the long-term commodity trend for copper. Copper inventories continue to remain much lower then they have historically, with a normal level of 550,000 MT not having been seen since October, 2003. Current levels are around 200,000 MT and this level typically falls off heading into January/February. China recently confirmed to the Australian government that demand for their resources will stay strong, even with China’s growth slipping from 11% down to 9%. “Part of the long-term strategy for LGM, and the strategy for the period immediately ahead, is how to more deeply and broadly engage with the Asian economy,” President Mark Hewett states.

During a recent site visit, Lions Gate Metals management visited the property with Wet’suwet’en representation to discuss their involvement on the project. The Wet’suwet’en hold the aboriginal title and rights to the Poplar Lake area. Lions Gate Metals believes there is a great opportunity to work with local First Nations and will include and consult with the Wet’suwet’en every step of the way. The Wet’suwet’en strive to protect the lands and resources of their territory for the benefit of their people and to develop capacity for the economic development of their communities. LGM plans to take an active role in working with the Wet’suwet’en to achieve these goals. Mr. Hewett said “There is great capacity in the First Nations youth to help replace the aging mining sector workforce, and LGM intends to be at the forefront of this, and other, initiatives with First Nations.”

The company is pleased to announce the addition of Peter Russell-Jones to the position of VP, Business Development. Mr. Russell-Jones has over 20 years experience in the corporate environment, having commenced his career with Price Waterhouse. Much of this time has been spent in the resource sector in senior management positions. He was instrumental in establishing a Venture Capital Fund management group in Australia which currently has $100 million under management.

The company also announces the appointment of Mr. Peter Ogryzlo to the Board of Advisors. Mr. Ogryzlo was most recently the Head Geologist at the Huckleberry Mine. Mr. Ogryzlo will be a valuable resource to the company, specifically on the Poplar Project given his knowledge of similar ore bodies, such as the Huckleberry. He will be advising the Company in the development and execution of the planned drill program for the spring of 2009.

Lions Gate Metals Inc. is a Canadian based, junior resource company focused on the exploration, development, and acquisition of both advanced and early stage mineral projects throughout British Columbia.

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