First Uranium Corporation - EZULWINI MINING OPERATIONS RESUME

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Mar 18, 2011, 03:12 ET

First Uranium Corporation
(Continued under the laws of British Columbia, Canada)
(Registration number C0777384)
(South African registration number 2007/009016/10)
Share code: FUM ISIN: CA33744R1029

TORONTO AND JOHANNESBURG, March 18 /PRNewswire/ - First Uranium Corporation (TSX: FIU) (JSE: FUM) (ISIN: CA33744R1029) ("First Uranium" or the "Company") has announced that the notice temporarily suspending operations in the underground workplaces at its Ezulwini Mine has been lifted. The notice was issued pursuant to section 54 of the Mine Health and Safety Act (South Africa) by the Department of Mineral Resources (DMR) on March 12, 2011 following a fall of ground, which regrettably claimed the life of one employee.

Accordingly all mining operations, with the exception of the Bord and Pillar section where the fatality occurred, resumed during the night shift on Thursday, March 17, 2011. Mining within the Bord and Pillar section will resume early next week after the retraining of that section's mining teams, in modified support standards, has been conducted.

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 are forward-looking statements (or forward-looking information). The Company's plans involve various estimates and assumptions and its business and operations are subject to various risks and uncertainties. For more details on these estimates, assumptions, risks and uncertainties, see the Company's most recent Annual Information Form and most recent Management Discussion and Analysis on file with the Canadian provincial securities regulatory authorities on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and there can be no assurance that such statements will prove to be accurate, such statements are subject to significant risks and uncertainties, and 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 that are included herein, except in accordance with applicable securities laws.

www.firsturanium.com

SOURCE First Uranium Corporation