Trueclaim Exploration Receives Approval From TSX Venture for Assignment and Assumption Agreement with Northern Skye Resources

Trueclaim Exploration Inc. (TSX VENTURE:TRM)(OTCQX:TRMNF) (the "Company"), an
explorer and developer of precious and base metals projects, is pleased to
announce that it has received approval from the TSX Venture Exchange of an
assignment and assumption agreement (the "Agreement") with Northern Skye
Resources Ltd. ("Northern Skye"). The terms of the Agreement were previously
announced in a press release dated February 9, 2012. Under the Agreement,
Northern Skye assumes all obligations and payments under the following mineral
property options (the "Optioned Properties") held by the Company:




a.  "Berry-Desboues Option Agreement" announced by the Company on August 17,
    2011; 
b.  "Boston-McElroy Option Agreement" announced by the Company on September
    7, 2011; 
c.  "Cook-Guibord Option Agreement" announced by the Company on September 7,
    2011; 
d.  "Hebecourt Option Agreement" announced by the Company on August 17,
    2011; 
e.  "Linear Option Agreement" announced by the Company on June 16, 2011. 



Dr. Gerry Lefevre CEO of Trueclaim commented, "The Northern Skye management team
is a group of seasoned mineral exploration and project development
professionals. By assigning these properties, in consideration for cash payments
and shares, we are exposing our Trueclaim shareholders to the significant upside
that each property possesses allowing us to focus on our core projects in
Ontario and Arizona." 


Mr. Terry Loney, President and CEO of Northern Skye added, "We are focused on
developing our projects and realizing the full potential of what we believe are
some of the best undeveloped properties in Canada. Our team has created an
exploration budget that will allow us to generate mineral resource estimates on
at least two of the properties in the near term. Defining resources is the first
step in moving the projects forward to the next level and building stronger
value for our shareholders."


A Letter to the Shareholders outlining the property developments and the plans
going forward can be found on the Northern Skye website at www.northernskye.com.


John Carter, President

This news release contains "forward-looking information" (within the meaning of
applicable Canadian securities laws) and "forward-looking statements" (within
the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such
statements or information are identified with words such as "anticipate",
"believe", "expect", "plan", "intend", "potential", "estimate", "propose",
"project", "outlook", "foresee" or similar words suggesting future outcomes or
statements regarding an outlook. Such statements include, among others, those
concerning the Option Agreements and the assignment agreement. All statements in
this news release, other than statements of historical facts, which address
future production, reserve potential, exploration activities, financing plans,
objectives or goals, and events or developments that the Company expects, are
forward-looking statements. Since forward-looking statements address future
events and conditions, by their very nature, they involve inherent risks and
uncertainties. Such forward-looking information or statements are based on a
number of risks, uncertainties and assumptions which may cause actual results or
other expectations to differ materially from those anticipated and which may
prove to be incorrect. Assumptions have been made regarding, among other things,
management's expectations regarding its ability to complete its exploration and
development work as expected. Actual results could differ materially due to a
number of factors, including, without limitation, operational risks in the
completion of the Company's continued development work, technical, safety or
regulatory issues, market prices, exploitation and exploration successes,
continued availability of capital and financing, and general economic, market or
business conditions. Although the Company believes that the expectations
reflected in the forward-looking information or statements are reasonable,
prospective investors in the Company's securities should not place undue
reliance on forward-looking statements because the Company can provide no
assurance that such expectations will prove to be correct. Actual results or
developments may differ materially from those projected in the forward-looking
statements. Such risks include expectations that may be raised by discussing
potential mine types and by comparing the Company's projects to other projects.
Also, in order to proceed with the Company's exploration and acquisition plans,
additional funding is necessary and, depending on market conditions, this
funding may not be forthcoming on a schedule or on terms that facilitate the
Company's plans. Forward-looking information and statements contained in this
news release are as of the date of this news release and the Company assumes no
obligation to update or revise this forward-looking information and statements
except as required by law.