Laurentian Goldfields Commences Drilling at Goldpines South Property

Laurentian Goldfields Ltd. (TSX VENTURE:LGF) ("Laurentian" or the "Company") is
pleased to announce that diamond drilling has commenced at the Company's 100%
owned Goldpines South property (the "Property"), located on Ontario Highway 105,
approximately 35 kilometres (km) southeast of Red Lake, Ontario. The 34,846
hectare Property is subject to the Superior Alliance with AngloGold Ashanti Ltd.
("AngloGold") whereby AngloGold can earn a 60% interest by incurring $5.4
million in exploration expenditures over three years. AngloGold has incurred
approximately $3.2 million in exploration expenditures under the Superior
Alliance to date (see press release April 29, 2009).


Laurentian recently completed Phase 4 surface exploration work at Goldpines
South which included both infill and grid extension geochemical surface sampling
and geological mapping. Upon review of these results, AngloGold has agreed to
fund an initial 1,000 metre diamond drill program on select targets within the
extensive SLF zone anomaly. Selected targets are characterized by anomalous gold
concentrations in soil, and are coincident with magnetic anomalies identified
from Laurentian's aeromagnetic survey flown in 2010. Drilling is scheduled to be
completed in Q4, 2011 and will be managed by Laurentian.


"We are excited to conduct the first drilling program on the Goldpines South
property," states Darin Labrenz, President and CEO of Laurentian. "Surface work
has identified multiple discreet geochemical and aeromagnetic anomalies
associated with the Sydney Lake fault zone, a crustal-scale structure that
bisects the property. The correlation of anomalous geochemistry with this
regional feature provides a compelling gold target for this initial drill
program."


The SLF Anomaly

The 8 km SLF zone anomaly is located on the west side of the Property and runs
parallel and adjacent to the Sidney Lake Fault, a first-order, deep crustal
fault zone. The anomaly, underlain by schistose meta-sedimentary rocks of the
English River Subprovince, was initially defined by Laurentian's geological crew
in 2010 through combined Mobile Metal Ion ("MMI") soil sampling and conventional
lake sediment sampling at 500 m centers. Specific targets within the SLF zone
anomaly were defined and upgraded through subsequent surface exploration
programs.


The technical contents of this release have been reviewed and approved by Mr.
Mark J. Pryor, Pr.Sci.Nat., Vice President Exploration for Laurentian Goldfields
Ltd., a Qualified Person pursuant to National Instrument 43-101.


About Laurentian Goldfields Ltd.

Laurentian is a team of highly skilled exploration professionals focused on
discovery and growth in under-explored regions of mining-friendly jurisdictions.
Laurentian generates new projects by employing leading edge exploration concepts
and techniques. The Company advances these projects through use of its internal
technical team, extensive network of exploration industry specialists, and
engaging the financial support of major mining companies by way of exploration
alliances and joint venture agreements. Laurentian is committed to developing
shareholder wealth through identifying, acquiring and advancing high quality
exploration properties in Canada.


ON BEHALF OF THE BOARD OF DIRECTORS,

Darin Labrenz, P.Geo., President and CEO

Some statements in this news release contain forward-looking information. These
statements include, but are not limited to, statements with respect to mineral
potential and planned exploration, development and production activities. These
statements address future events and conditions and, as such, involve known and
unknown risks, uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the statements.
Such factors include, among others, realized mineralization of properties and
the timing and success of future exploration, development and production
activities.