RSM: Status of Wolfe County, Kentucky Coal Property

ROYAL STANDARD MINERALS INC., "RSM" (TSX VENTURE:RSM)(OTCBB:RYSMF) has advanced
the surface mine coal project in Wolfe County, Kentucky.  The permitting and
bonding for the initial phases of the strip mine are in place for the Campton
coal project.  The Company purchased the permit holder Pick & Shovel, the permit
transfer will be made in the near future to Kentucky Standard Energy Company
Inc. ("KSEC") the current (100%) owner of the permit as indicated in the
purchase agreement.  The current bond for the first increment is in the name of
KSEC and Pick & Shovel.  The next bond increment will be in the name of KSEC.
The MSHA mine ID is in the name of KSEC, the severance tax number is in the name
of KSEC.  All of the necessary surface equipment to commence mining is in place
and the strip mining operation began in October 2008, according to Qualified
Person, Roland M. Larsen, the writer and reviewer of this press release.


As a result of positive field inspections in October and early November, 2008 by
technically competent representatives in regard to the development of the Wolfe
County property by coal buyers to include Arch Coal Terminal Inc., Koch Carbon,
LLC and Thoroughbred Coal Company, all of which indicated interest in purchasing
coal production from the project initially on a "spot" market basis going to
longer term contracts in the near future. The Company currently has a monthly
"spot" market contract with Thoroughbred Coal Company of Lexington, Kentucky.


Subsequent to an announcement, a June 12th, 2008 press release, of a proposed
Joint Venture program between Royal Standard Minerals Inc. and Sharpe Resources
Corp. to jointly explore and develop coal projects in Eastern Kentucky, the
Boards of Directors of Royal Standard Minerals Inc. and Sharpe Resources
Corporation have completed a 50-50 Joint Venture agreement to jointly pursue the
exploration and development of coal projects in Eastern Kentucky.  The agreement
was approved and executed on November 21, 2008 and is subject to regulatory
approvals.


RSM is an exploration and development company with interests in coal and
precious metals in the United States.


The information presented in this press release is subject to the various
regulatory approvals.  The economic viability of this project is uncertain and
is contingent upon coal pricing and mining conditions that could affect the
project economics.


The TSX Venture Exchange does not accept responsibility for adequacy or accuracy
of this release as per Exchange Policy 3.3 section 6.5.


Royal Standard Minerals cautions that the statements made in this press release
and other forward looking statements made on behalf of the Company may be
affected by such other factors including, but not limited to, volatility of
mineral prices, product demand, market competition, imprecision of mineral
estimates, and other risks detailed herein and from time to time in the
Securities and Exchange Commission filings of the Company.


C.U.S.I.P. # 780919106           

LISTED: STANDARD & POORS