MRV

Metallum Resources Inc. (TSX VENTURE:MRV) (the "Company") announces that its
Board of Directors has granted 150,000 options under the Company's Stock Option
Plan to an officer of the Company. The options have been granted for a period of
5 years and have an exercise price of $0.16 per common share, equal to the
closing market price of the Company's shares on March 1, 2012. All options
granted are subject to the terms and provisions of the Stock Option Plan. The
specific option grant follows the expiry on February 20, 2012 of 100,000 options
granted to the same officer. 


About Metallum Resources Inc.

Metallum has an option to earn a 70% interest in the M-18 gold property in
Argentina. It has 67,574,260 common shares outstanding and in excess of $7
million in cash, with no debt, as of today's date.


Further details may be obtained from our website: www.metallumresourcesinc.com.

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