Channel Resources Appoints Stephen Rea to Board of Directors

Channel Resources Ltd. ("Channel" or the "Company") (TSX VENTURE:CHU) is pleased
to report the appointment of Mr. Stephen Rea as an independent director of the
Company, effective immediately. Mr. Rea is an investment banking professional
with more than 10 years experience in capital markets, with a focus on natural
resources, energy and technology sectors. Until 2011 he was Vice President of
NCP Northland Capital Partners' Asia Banking Division. Previously Mr. Rea held
roles at Canadian investment banking firms including Gateway Securities Inc. and
has led or been involved in financial advisory roles and with securing and
executing a broad range of investment banking and M&A transactions. Mr. Rea
holds an MBA from the Kellogg School of Management.


Grant of Options

Channel also announces that it has approved the grant of stock options
("Options") effective February 24, 2011 for the purchase of up to a total of
500,000 common shares of the Company at an exercise price of $0.21 per share.
The Options have a term of five years, are subject to vesting provisions, and
are governed by the Company's Stock Option Plan, pursuant to which Options may
be granted up to a maximum of 10% of the issued and outstanding common shares of
the Company from time to time.


Channel Resources Ltd. is a Canadian TSX.V listed mineral exploration Company
which has an option to earn a 90% interest in the Tanlouka Gold Project in
Burkina Faso, West Africa, the terms of which the Company has already satisfied,
and an option to earn 100% in the Fox Creek Lithium / Potash Brine Project in
Alberta. At Tanlouka, Channel has recently discovered multiple mineralized zones
that are now being explored and expanded through a 10,000 metre reverse
circulation drilling program. At Fox Creek, a bulk sample of brine sourced from
producing natural gas wells is undergoing process testing to determine the most
efficient method of producing various industrial minerals from the brine,
including lithium carbonate, potash, bromine and borates. The Company is
financed to advance both projects through their current programs, and is
actively searching for additional opportunities to expand its project portfolio.