EZULWINI MINING OPERATIONS RESUME

TORONTO, Nov. 19 /PRNewswire/ - First Uranium Corporation (First Uranium) has announced that the notice suspending operations in the underground workplaces issued pursuant to section 54 of the Mine Health and Safety Act (South Africa) by the Department of Mineral Resources (DMR) on November 16, 2010, has been lifted. The notice was issued in connection with a fall of ground which claimed the life of one employee.

Accordingly, mining operations at Ezulwini Mine will resume tonight.

Deon van der Mescht, President and Chief Executive Officer of First Uranium said: "Following an assessment by the DMR yesterday, the notice was lifted earlier today on the condition that each panel is declared safe before blasting may resume. We are satisfied that we fully understand the cause of the accident and have increased training and awareness initiatives around standard safety procedures in unsupported areas."

About First Uranium Corporation

First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of becoming a low-cost producer of uranium and gold through the expansion of the underground development to feed the new uranium and gold plants at the Ezulwini Mine and through the expansion of the plant capacity of the Mine Waste Solutions tailings recovery facility, both located in South Africa.

Cautionary Language Regarding Forward-Looking Information
This news release contains and refers to forward-looking information based on current expectations. All other statements other than statements of historical fact included in this release including, without limitation, statements regarding the timing and amount of estimated future production, processing and development plans and future plans and objectives of First Uranium are forward-looking statements (or forward-looking information) that involve various estimates, assumptions, risks and uncertainties.

SOURCE First Uranium Corporation