Queenston Reports 17.88 g/t Au Over 11.9 m From Drilling at the Amalgamated Kirkland Gold Deposit

QUEENSTON MINING INC. (TSX:QMI)(FRANKFURT:QMI) ("Queenston" or "the Company")
announces drill results from the first 14 holes (7,980 m) on its 100% owned
Amalgamated Kirkland (AK) property located in Teck Township, Kirkland Lake
Ontario. The drilling program is providing information to both verify previous
drilling results and complete a National Instrument ("NI") 43-101 resource on
the AK gold deposit. 


Significant assay results are summarized below and presented in Table 1.
Location of the drill holes are outlined on the longitudinal section
accompanying this news release and available on the Company's website
(www.queenston.ca).


Highlights:



--  17.88 g/t Au over 11.9 m in hole AKC10-04 
--  5.35 g/t Au over 14.5 m in hole AKC10-52C 
--  3.00 g/t Au over 25.1 m in hole AKC10-13  
--  5.79 g/t Au over 5.4 m in hole AKC10-12 
--  4.58 g/t Au over 6.4 m and 15.79 g/t Au over 1.2 m in hole AKC10-11 



Charles Page, Queenston President and CEO, said, "The first phase of drilling on
the AK deposit has begun to both confirm the historic results as well expand the
mineralization towards surface and to depth. We are impressed with the
intersection in hole ACK10-04 that assayed 17.88 grams of gold per tonne over a
core length of 11.9 meters at a vertical depth of approximately 300 meters. This
is the most continuous interval of high-grade mineralization reported to date in
the deposit and indicates the potential for additional high-grade lenses.
Drilling continues with two rigs and the Company plans to report a new mineral
resource in the first quarter of 2011. As part of the program, drilling will
also explore below and along strike of the existing limits of the deposit."


The AK property is owned 100% by Queenston and comprises 22 claim units located
in the south-central portion of Teck Township. The property hosts the AK gold
deposit discovered by Battle Mountain in 1989 and is strategically located
adjacent to the Macassa Mine and the SMC gold deposit operated by Kirkland Lake
Gold Inc.


In 1990 Queenston formed a joint venture with Battle Mountain Canada who
completed geophysics, trenching and diamond drilling that led to the discovery
of the AK gold deposit. In 1993 Cyprus Canada optioned the property, completed
further diamond drilling and outlined a mineral resource of 1,800,000 t grading
5.5 g/t Au including 1,300,000 t grading 6.8 g/t. In 1996 Queenston regained
full title to the property and formed a joint venture with Franco Nevada Mining
Corporation who later merged to form Newmont Mining Corporation. In 1997 an
updated inferred resource was calculated totalling 2,639,338 t grading 4.46 g/t
Au. In 2002 Queenston purchased Newmont's interest in the property and from
2003-05 completed further diamond drilling. Both historic resource calculations
should not be relied upon as they were not prepared in accordance with NI 43-101
and have not been verified by a Qualified Person ("QP") under the Instrument.


The AK deposit consists of lode-style gold mineralization hosted by altered and
pyritic Timiskaming volcanic rocks. The deposit strikes at 070 degrees, dips
steeply south and exhibits a westerly plunge of 50 degrees. Gold mineralization
is developed in zones related to two structures, the Battle Mountain Zone
("BMZ") and the Cyprus Zone ("CZ"). Mineralization in the CZ is characterized by
cream to blue-grey coloured, brecciated and "wormy", quartz-ankerite veins and
stockwork which contain up to 10% fine-grained pyrite and locally, lesser
amounts of galena, chalcopyrite, sphalerite, molybdenite and visible gold. The
BMZ is found within a quartz-ankerite-sericite-pyrite alteration assemblage
which hosts zones of very strong ankerite veining and pervasive silica flooding
with minor pyrite.


Table 1 - Assay Results



---------------------------------------------------------------------------
Hole #          From (m)    To (m)    Interval (m)    Au (g/t)         Zone
---------------------------------------------------------------------------
AKC10-01         456.00    457.00            1.00        6.31            CZ
---------------------------------------------------------------------------
AKC10-02                                                  NSV   Not Reached
---------------------------------------------------------------------------
AKC10-03         719.50    720.50            1.00        1.68            CZ
---------------------------------------------------------------------------
AKC10-04         417.30    429.20           11.90       17.88            CZ
---------------------------------------------------------------------------
AKC10-05                                                  NSV              
---------------------------------------------------------------------------
AKC10-06         474.30    477.10            2.80        5.11            CZ
---------------------------------------------------------------------------
                 506.00    507.15            1.15        0.50           BMZ
---------------------------------------------------------------------------
AKC10-07         506.70    508.00            1.30        2.51            CZ
---------------------------------------------------------------------------
                 542.90    544.60            1.70        1.24           BMZ
---------------------------------------------------------------------------
                 554.70    555.40            0.70        3.02           BMZ
---------------------------------------------------------------------------
AKC10-08                                                  NSV              
---------------------------------------------------------------------------
AKC10-09         444.60    449.00            4.40        1.09           BMZ
---------------------------------------------------------------------------
                 466.25    466.75            0.50        1.85            CZ
---------------------------------------------------------------------------
AKC10-10                                                  NSV   Not Reached
---------------------------------------------------------------------------
AKC10-10A        411.00    412.00            1.00        0.73           BMZ
---------------------------------------------------------------------------
AKC10-11         349.50    350.50            1.00        1.65        CZ/BMZ
---------------------------------------------------------------------------
                 366.10    372.50            6.40        4.58        CZ/BMZ
---------------------------------------------------------------------------
                 375.00    376.15            1.15       15.79        CZ/BMZ
---------------------------------------------------------------------------
                 411.00    412.00            1.00        5.18           New
---------------------------------------------------------------------------
AKC10-12         447.00    482.40            5.40        5.79            CZ
---------------------------------------------------------------------------
including        478.25    482.40            4.15        7.01            CZ
---------------------------------------------------------------------------
                 490.00    491.00            1.00        2.47           New
---------------------------------------------------------------------------
                 602.75    604.70            1.95       10.63           New
---------------------------------------------------------------------------
AKC10-13         389.00    414.10           25.10        3.00            CZ
---------------------------------------------------------------------------
including        389.50    399.00            9.50        5.56            CZ
---------------------------------------------------------------------------
including        392.00    398.50            6.50        6.83            CZ
---------------------------------------------------------------------------
                 403.80    406.30            2.50        4.63            CZ
---------------------------------------------------------------------------
                 408.80    409.80            1.00        5.04            CZ
---------------------------------------------------------------------------
AKC10-52C        583.35    597.70           14.45        5.35            CZ
---------------------------------------------------------------------------
including        585.25    587.25            2.00        8.30            CZ
---------------------------------------------------------------------------
including        589.50    596.00            6.50        6.11            CZ
---------------------------------------------------------------------------

NOTE: All intervals are reported in core length. True widths have not been 
determine but are estimated at 65-80% of the core length based on drill-
hole intercepts and interpreted orientations of lithologies. Assays are 
uncut. 



Quality Control

The design of the Queenston's drilling programs, Quality Assurance/Quality
Control and interpretation of results is under the control of Queenston's
geological staff including qualified persons employing a QA/QC program
consistent with NI 43-101 and industry best practices. The AK project is
supervised by David Gamble P.Geo., a consultant to Queenston. A detailed review
of Queenston's QA/QC procedures is filed in the 2009 Annual Information Form on
SEDAR. The drill core is logged and split with half-core samples shipped to
Swastika Laboratories of Swastika, Ontario and analyzed employing the
appropriate gold fire assaying technique. For QA/QC purposes the Company as well
as the lab submits standards and blanks every 25 samples. Approximately 5% of
sample rejects and/or pulps will be sent to other laboratories for check
assaying.


This news release was reviewed by Queenston's Vice President Exploration,
William McGuinty, P. Geo.


About Queenston

Queenston controls a significant land package in the Kirkland Lake gold camp now
containing 30 properties, totalling approximately 19,000 hectares. The Company's
strategy is to return to producer status through the development of five 100%
owned gold projects including the Upper Beaver, Upper Canada, McBean, Anoki and
Bidgood. The Company is also carrying out deep exploration targeting the new
South Mine Complex with joint venture partner Kirkland Lake Gold Inc. on three
joint venture properties in Teck Township adjacent to the Macassa Mine.
Queenston has $40 million in cash and has a 2010 exploration budget of $16
million, employing up to 15 diamond drill rigs on 8 individual properties.


Forward Looking Statements

Except for historical information this News Release may contain certain "forward
looking statements". These statements may involve a number of known and unknown
risks and uncertainties and other factors that may cause the actual results,
level of activity and performance to be materially different from the Company's
expectations and projections. A more detailed discussion of the risks is
available in the "Annual Information Form" filed by the Company on SEDAR at
www.sedar.com.