Lakeside Minerals Inc. Announces Acquisition of Additional Claims on the Launay Property and Engages Investor Relations Group

Lakeside Minerals Inc. (TSX VENTURE:LAK) (the "Company") is pleased to announce
that Lakeside Minerals Corp. (a wholly-owned subsidiary of the Company) has
entered into an agreement with privately owned 9219-8845 Quebec inc. (Canadian
Mining House) ("CMH") to acquire an additional fifteen (15) mineral claims
("Mineral Claims") adjacent to the Company's Launay property claim blocks
located in Launay, Privat, and Manneville Townships, northwestern Quebec. The
Company also announces that it has engaged Investor Cubed Inc. ("Investor
Cubed") to provide investor relations and shareholder communications services.
In addition, the Company announces the termination of the Dufay property option
agreement.


Newly Acquired Mineral Claims Agreement 

With the additional claims, the Launay property now comprises 227 claims and
covers 102.5 sq km. The newly acquired fifteen (15) Minerals Claims cover a
total area of 6.7 sq km and are contiguous with and cover possible extensions of
mineralization on the Trojan block, as well as cover extensions of
kilometre-scale gold in soil anomalies on the Privat, Freegold, and Carat blocks
of the Launay property. 


Under the terms of the agreement, Lakeside Minerals Corp. ("Lakeside"), a
wholly-owned subsidiary of the Company, can acquire a 100% interest in the
Mineral Claims subject to the Company issuing 150,000 common shares to CMH. CMH
retains a two percent (2%) NSR. Lakeside has the option, at any time, to redeem
the first one percent (1%) of the NSR for $1,000,000. 


The issuance of common shares of the Company as consideration for the
acquisition of the Mineral Claims is subject to final approval by the TSX
Venture Exchange pursuant to Policy 5.3. 


Investor Relations Agreement 

The Company has engaged Investor Cubed Inc. to provide investor relations and
shareholder communications services effective February 19, 2013. In connection
with the engagement, Investor Cubed has been awarded a consulting contract
paying $5,000 per month for a term of twelve months. In addition, Investor Cubed
has been granted options to purchase 340,000 shares of Lakeside at a price of
ten cents ($0.10) per share. The options will vest quarterly over a period of
one year and will be governed by the provisions of Lakeside's stock option plan.


Dufay Property Update 

In order to concentrate on the advancement of its flagship Launay property, on
January 30th, 2013, the Company terminated the option agreement on the Dufay
property, northwestern Quebec.


Launay Property: Km-scale Gold in Soil Anomalies 

The Launay property straddles nearly 22 km of the Macamic deformation zone
("MDZ"): a major deformation zone in the Abitibi subprovince located north of
the Porcupine-Destor deformation zone. The property claims cover several known
gold occurrences associated with the MDZ. These gold showings form a trend over
17 km long and several display significant historical gold drill intersections. 


Historical geochemical humus and B horizon sampling has revealed a broad trend
of gold in soil anomalies some 6 km long and up to 1.5 km wide. Anomaly
highlights include up to 480 ppb Au in humus samples and up to 1200 ppb Au in B
horizon samples (www.lakesideminerals.com: see Corporate Presentation).


These soil anomalies are centred some 9 km southeast and along strike with the
Trojan block where a 2012 first phase drill program (www.lakesideminerals.com:
see January 15, 2013 press release) cut significant gold mineralization
including:




    29.00 g/t Au over 1.5 m                                        
    10.31 g/t Au over 3.0 m, which includes 17.90 g/t Au over 1.5 m
    3.26 g/t Au over 6.0 m, which includes 7.08 g/t Au over 1.5 m  



These soil anomalies straddle or border large magnetic highs, inferred
ultramafic units, in close proximity to a major splay off the MDZ. These
anomalies have never been drill tested.


About Lakeside Minerals Inc. 

Lakeside Minerals Inc. is engaged in acquiring, exploring, and developing
mineral properties in Quebec. Presently, the company holds a portfolio of
properties located in the Rouyn-Noranda area of northwestern Quebec. 


The Company's flagship Launay property is an early stage gold "area play" in the
heart of the Abitibi subprovince and has excellent potential for discovery based
on an extensive trend of known gold occurrences with significant historical gold
results, on an extensive trend of gold in soil anomalies that remain untested,
and on large portions of the prospective Macamic deformation zone, subsidiary
faults, and splays that remain unexplored.


About Investor Cubed Inc. 

Investor Cubed provides specialized consulting services to a select group of
leading emerging and mid-capitalization companies, with an objective of taking
our clients to the next level. Investor Cubed assists these companies in gaining
exposure to an established national network of financial industry professionals.
This broad network includes investment advisors, bank owned investment dealers
and leading independent financial firms. In addition, Investor Cubed provides
traditional investor relations services including tailored national marketing
and communications strategies.


FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news
release may contain "forward-looking information". Forward-looking information
and statements may include, among others, statements regarding the future plans,
costs, objectives or performance of Lakeside Minerals Inc. (the "Company"), or
the assumptions underlying any of the foregoing. In this news release, words
such as "may", "would", "could", "will", "likely", "believe", "expect",
"anticipate", "intend", "plan", "estimate" and similar words and the negative
form thereof are used to identify forward-looking statements. Forward-looking
statements should not be read as guarantees of future performance or results,
and will not necessarily be accurate indications of whether, or the times at or
by which, such future performance will be achieved. Forward-looking statements
and information are based on information available at the time and/or
management's good-faith belief with respect to future events and are subject to
known or unknown risks, uncertainties, assumptions and other unpredictable
factors, many of which are beyond the Company's control. The Company does not
intend, nor does the Company undertake any obligation, to update or revise any
forward-looking information or statements contained in this news release to
reflect subsequent information, events or circumstances or otherwise, except if
required by applicable laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lakeside Minerals Inc.
Mario Justino
President and CEO
[e-mail]
www.lakesideminerals.com


Investor Cubed Inc.
[phone] or Toll free: [phone]
[e-mail]
www.investor3.ca