Conway Resources Identifies Several New Potential Structures and Begins a New Exploration Program on Its Belleterre Mine Propert

Conway Resources Inc. ("Conway" or the "Company") (TSX VENTURE:CWY) is pleased
to report positive results from geophysical surveys on its wholly-owned
Belleterre Mine property, located in Guillet Township, in the Temiscamingue
region of Quebec. The geophysical surveys consisted of ground magnetometry, Very
Low Frequency (VLF) and Induced Polarization (IP) surveys on 18 line-km of grid,
as well as IP surveying in some diamond drill holes to test the conductivity of
the mineralized zones. 


In addition to confirming the presence of the known veins, the surveys indicated
the existence of a number of conductor axes parallel to veins 12 and 16, ranging
in length from 100 metres to more than 600 metres. Indeed, the vein 16 intercept
in Hole B-03-13, which returned 26.35 g/t Au over 2.61 m (at a depth of 70.54
m), hosts an excellent conductor traced over 500 metres on surface, to the east
of the zone previously traced by drilling over 300 metres, meaning that the
structure can now be traced over a distance of more than 800 metres. All the
structures lie outside the historical work area, and could reflect as many
potential new mineralized structures. These structures will first be tested by
soil sampling starting in August. 


A map of the survey results can be found on the Company's website at:
www.ressources-conway.com/en/documents/CWY_CartePP_en_Aout2010.pdf. 


The surveys were conducted by the Quebec City firm Geosig in December 2009 to
meet statutory requirements, and covered just one-third of the Belleterre Mine
property. While the work was done in 2009, the Company was only in a position to
announce the results once the property acquisition was completed in July 2010.
In light of the positive survey results, Conway will carry out IP surveys on the
rest of the property in the coming months. 


Laurent Beaudoin, President and Chief Executive Officer of Conway, stated: "The
drill and geophysical survey results for the Belleterre Mine property, as well
as historical production of over 800,000 ounces of gold from the Belleterre
mine, are an indication of the enormous exploration potential of our flagship
property. We now plan to explore the newly-identified targets in preparation for
drilling. Our goal is to develop the gold potential of the Belleterre Mine
property with a view to commercial production." 


Jean-Louis Robert, D.Sc. Geol., Vice President, Exploration of Conway and a
qualified person under National Instrument 43-101, has reviewed the contents of
this press release. 


About Conway Resources Inc.

Conway is a mining exploration company with four gold properties and one rare
metals property in Quebec. Its main asset is the Belleterre Mine property. The
property is the site of the old Belleterre mine, which produced 350 tonnes per
day from four shafts between 1936 and 1959. A total of 2.18 million tonnes of
ore at an average grade of 10.73 g/t Au were extracted from the mine, primarily
from vein 12 (95% of production). Earlier reports indicate the presence of at
least 21 veins on the property.


More information can be found on Conway's website at www.ressources-conway.com. 

Forward-Looking Statements

This press release contains certain forward-looking statements that might
involve uncertainty, time frames, and/or known and unknown risks beyond the
Company's control. The Company's actual results, performance and achievements
may differ materially from the results, performance and achievements implied by
such forward-looking statements. Factors that could cause actual results to
differ from those implied by forward-looking statements include, in particular,
changes in the market gold price, the value of the Canadian dollar or the grade
of the ore mined and unanticipated difficulties in mining activities that could
have an impact on operating revenues and costs, as well as uncertainty regarding
government regulations.