Gold Wheaton Comments on the Reinstatement of Environmental Authorization for First Uranium’s Future Tailings Storage Facility

Gold Wheaton Gold Corp. (TSX:GLW) (the "Company") has received notice from First
Uranium Corporation (TSX:FIU)(JSE:FUM) ("First Uranium") that First Uranium has
been notified by the North West Provincial Government's Department of
Agriculture, Conservation, Environment and Rural Development ("NWDACERD") that
they have issued a positive decision on the amendment application lodged by MWS
last year pertaining to the Environmental Authorization ("EA") for a future
Tailings Storage Facility ("TSF") for its Mine Waste Solutions tailings
reclamation project ("MWS") near the town of Stilfontein, North West Province,
South Africa. The amended environmental authorization now correctly describes
the project location, including the site of the TSF south-east of the town of
Stilfontein, and, subject to financing, allows MWS to immediately restart the
construction of the TSF.


"Gold Wheaton is extremely pleased that this issue has been successfully
resolved. We believe that with appropriate funding, the previously planned
reduction in MWS gold production can now be reversed and that the second gold
plant will continue to operate at full capacity until the TSF is able to accept
tailings," said David Cohen, CEO and Chairman of Gold Wheaton.


Gold Wheaton is a gold company with 100% of its operating revenue from the sale
of gold and precious metals produced by others. The Company has significant cash
available and is actively pursuing specific further growth opportunities.


Cautionary Note Regarding Forward-Looking Statements

Except for the statements of historical fact contained herein, the information
presented constitutes "forward looking statements". Such forward-looking
statements, involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of Gold Wheaton
to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
among other risks, risks related to the timing and quantum of any dividends, if
any and those factors discussed in the section entitled "Description of Business
- Risk Factors" in Gold Wheaton's Annual Information Form dated December 10,
2009 as filed on SEDAR. Although Gold Wheaton has attempted to identify
important factors that could cause actual results to differ materially, there
may be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.