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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL

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To: DrBill who wrote (4514)	1/9/2012 2:28:48 PM
From: PaperPerson	of 4690

01/05/2012 \| 09:17 am Queenston Mining Inc : Queenston Announces Appointment of Philip Ng as Chief Operating Officer January 5, 2012 Toronto, Ontario - QUEENSTON MINING INC. (QMI-Toronto, Frankfurt; QMNMF-OTCQX) ("Queenston" or "the Company") is pleased to announce the appointment of Philip Ng as the Company's Chief Operating Officer. He assumed his duties on January 1, 2012. Mr. Ng came to Queenston from Claude Resources Inc., where he was Senior Vice President of Mining Operations after joining them in 2006. During his employment with Claude, Mr. Ng was responsible for operations of the Seabee and Madsen underground gold mines located in Saskatchewan and Ontario respectively. At Seabee, Mr. Ng advanced the Santoy 8 Mine to commercial production. Prior to joining Claude, Mr. Ng was employed by INCO for five years where he grew through the ranks to become Chief Mining Engineer at the Coleman McCreedy East Mine. Prior to that Mr. Ng was employed by Hudson Bay Mining and Smelting for ten years working at four mines as Rock Mechanic Specialist/Mine Planner to Mining Engineer. Mr. Ng has a degree in Bachelor of Engineering (B.Eng. Mining) and a degree in Masters of Engineering (M.Eng. Mining) from McGill University. Charles Page, President and CEO of Queenston said, "We are very pleased to have a person with Philip's experience and credentials to lead the development of our Upper Beaver Project in the Kirkland Lake Gold Camp. He is an excellent addition to the Queenston team and an important step in achieving our goal of moving towards production". About Queenston Queenston is a Canadian mineral exploration and development company with a primary focus on its holdings in the historic Kirkland Lake gold camp comprising 235 km² of prime exploration lands. The Company's assets include 6, 100% owned gold deposits, all with NI 43-101 compliant mineral resources and ongoing exploration and development. The objective of the Company is to advance the flagship, Upper Beaver project towards feasibility and production. The project is currently being permitted for advanced exploration leading to new shaft development beginning in 2012. The Company is also very active in exploring and advancing five other 100% owned deposit that will provide additional feed for a central milling facility. The Company has cash and short-term investments of approximately $80 million, no debt and a fiscal 2012 exploration budget of $25 million.

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