Long Harbour Completes Acquisition of 2Z Lake and Madison Properties in the Eastern Athabasca Basin

Long Harbour Exploration Corp. (TSX VENTURE:LHC) (the "Company") reports that it
has completed the acquisition of a 100% interest in the 2Z Lake ("2Z") and the
Madison ("Madison") properties located in the eastern Athabasca Basin in
northern Saskatchewan, which were announced in the Company's news releases of
May 16 and June 7, 2011.


2Z and Madison are comprised of 5 claims covering 1,701 hectares and border
properties owned by Hathor Exploration, Denison Mines, and UEX Corporation.
Madison is between, and within approximately 10 kilometers of, UEX's Horseshoe
and Raven deposits to the northeast and their West Bear deposit to the
southwest. Hathor's Milliken Creek project is beside 2Z on the west and is
situated approximately 26 km south-southeast from the richest uranium mine
development project in the world, the Cigar Lake ore body.


2Z and Madison, as well as the above-mentioned UEX deposits, are underlain by
flat- to shallow-dipping Late Proterozoic Athabasca Group sandstone that
unconformably overlies highly deformed metasedimentary and granitic basement
rocks of the trans-Hudson orogeny. The properties straddle the roughly
northeast-trending gradational contact between the Mudjatik Domain of the
trans-Hudson orogeny to the northwest and the Wollaston Domain to the southeast.


2Z and Madison are located at the southwestern end of a long and major northeast
to east-northeast trending EM conductor (at least 20 km) that continues
northeast on to UEX's neighbouring Hidden Bay Project. The Hidden Bay Project is
currently comprised of three deposits, namely the Horseshoe, Raven and West Bear
deposits. A preliminary assessment technical report dated February 25, 2011
prepared by SRK Consulting (Canada) is available on the Sedar website under
UEX's profile.


Historic work on 2Z, when operated by Noranda Exploration in 1979, included
geophysical studies and a diamond drill program, which identified the presence
of a conductor, alteration, and mineralization that is unconformity related. The
twenty hole 2,000 meter drill program sights several drill holes encountering
values of over 500 ppm, and one of twenty drill holes encountering a maximum
value of 800 ppm over a 30cm interval.


Basement-hosted uranium has yet to be tested on the 2Z or Madison properties.
The Company expects future work programs to be modeled on recent basement hosted
discoveries such as Hathor's Roughrider deposit and Cameco's Millennium deposit.
Cameco's Millennium deposit contains an indicated resource of 508 thousand
tonnes grading 4.55% equalling 50.9 million pounds of U3O8. In its news releases
of November 29, 2010 and May 17, 2010, Hathor reported that its Roughrider
deposit contains an inferred resource estimate of 161 thousand tonnes grading
11.43% equaling 40.7 million pounds U3O8, and an indicated resource of 394
thousand tonnes grading 1.98% equaling 17.2 million pounds U3O8.


"2Z and Madison place us in the centre of a mining district that hosts the
largest high-grade uranium deposits in the world. The reports of an
unconformity-related EM conductor, alteration and mineralization already
discovered on 2Z provide encouragement that these properties are highly
prospective for discovery of significant basement-hosted uranium mineralization
similar to the nearby Hathor and UEX deposits," said Geoff Lee, Long Harbour's
CEO. "We plan to model our work programs on these properties similarly to those
used to discover the sizable and high-grade uranium deposits of our neighbours
such as UEX and Hathor."


The technical information in this news release was reviewed by Dr. Kent Ausburn,
P.Geo., a director of the Company and a Qualified Person as defined in NI
43-101. The Company has not verified the information contained in the technical
report and news releases of third parties referred to in this news release.