St-Georges Platinum Starts First Phases of Exploration on its North Shore Flagship Properties

St-Georges Platinum and Base Metals Ltd. (CNSX:SX)(BERLIN:85G)is pleased to
announce the start of its 2011 North Shore exploration campaign.


The Company plans to conduct a significant amount of drilling in its 2011 Phases
1 and 2 campaigns on the Julie and Isukoustouc projects located, respectively,
south of the Outarde IV hydroelectric reservoir and North East of the Manic III
electric dam. The properties are approximately 70 miles north of the Quebec
North Shore deep-seaport town of Baie-Comeau. 


The Work

Metallurgy

The Company has collected surface and blast samples from all the
Julie-Isukoustouc group of properties that will be analysed later this winter.
Results should be available in early March.


Airborne Geophysics

An extensive 6,075 kilometres of Airborne Geophysical survey has been
commissioned with GPR Geophysics and is due to start in the next few days. 3,735
km will be conducted on the Julie block and 2,345 km on the Isoukustouc block .
The survey will use the Helimager -- which is a towed bird system configured as
a horizontal magnetic gradiometer with two cesium vapour magnetometers installed
at each end of the lateral arm, six meters apart, and a Totem-2A VLF receiver on
the lower arm. The radar altimeter and a DGPS system are mounted on the central
body of the Helimager system. The property will be surveyed with 100-metre line
spacing and 1,000-metre tie-line spacing. Mr. Rejean Paul, Sr. Eng., P. Geo.
will be the manager of the project, Mr. Marc Rousseau, Phys. will be the field
manager and Mr. Olivier Letourneau, Phys. will be responsible for data
processing.


Phase 1a

The Phase 1a campaign will consist of up to 5,000 meters of exploration drilling
on the Julie project and up to 5,000 meters of exploration drilling on the
Isukoustouc group of properties for a total of up to 10,000 meters. The drilling
campaign should be initiated as soon as the results of the geophysical survey
and governmental permitting are received and the exploration camp is set-up.


The Isukoustouc properties are accessible year-round by road. Landdrill
International (TSX-V: LDI) of Moncton, New-Brunswick has been hired to conduct
the drilling campaign under the supervision of Consul-Tek of Val d'Or, Quebec,
and Noram Engineering of Delaware. 


The permitting process will be facilitated by the on-going exploration agreement
with the Innu native Community of Pessamit. St-Georges' North Shore properties
are all located on the tribe Nistassinan (Recognised Ancestral Land).


Phase 1b 

Phase 1b, planned to follow up the phase 1a, is conditional to the success of
phase 1a. The phase 1b will add up to 10,000 meters of drilling on the Julie
project, and potentially a similar amount of meters on the Isukoustouc property
conditional to the results obtained in phase 1a.


Other Corporate Matters

St-Georges announced its plans for the Villebon Property in a prior news release
indicating that 5,000 meters of drilling were planned for the Abitibi property.
2,000 meters of exploration drilling were completed in 2010. The other 3,000
meters will be conducted this year to test the south zone. Results from this
exploration drilling phase will be used to plan further drilling later this
year.


Jean-Sebastien Lavalle, PGeo (OGQ No. 773), Consul-Teck Exploration Inc., of Val
d'or, Que., St-Georges' consulting geologist and qualified person s has reviewed
and approved this release.


About St-Georges 

St-Georges is a junior Platinum, Palladium, Rhodium, Copper, Cobalt and Nickel
explorer with projects in Quebec, Canada. Headquartered in Montreal, the
Company's stock is listed on the CNSX under the symbol SX. It owns a
50%-interest in the Villebon property in Abitibi, Quebec, a 100%-interest in
eight North Shore properties that constitute the Manicouagan constellation and a
100%-interest in the Isukoustouc group of properties on Quebec's North-Shore
near the deep seaport town of Baie-Comeau. For additional information, please
visit our website at www.stgeorgesplatinum.com.