Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") is very
pleased to announce the SEDAR filing today, of a new 2012 Mineral Resource
Update NI43-101 Report (the "Report") for the Poplar Deposit. The 2012 Mineral
Resource Update on the Poplar Deposit, Omenica Mining Division, British
Columbia, dated March 30, 2012 and authored by G.H. Giroux, MASc., P. Eng., of
Giroux Consultants Ltd., can be viewed in its entirety on SEDAR or downloaded
from the Company's website.  


The Report focuses on Lions Gate's Phase Two drilling program on the Poplar
Property (the "Property"). Highlights of the Report include a marked increase in
the size of the mineralized resource (contained copper metal increased by 47
percent), and the first inclusion of precious metals in estimation of the Poplar
resource. At a 0.15% Cu cut-off, the Property has a new Indicated Resource of
171.3 million tonnes grading 0.28% Cu (1.06 billion pounds), 0.008% Mo, 0.08 g/t
Au and 2.30 g/t Ag (0.40% CuEq), plus an Inferred Resource of 209.0 million
tonnes grading 0.23% Cu (1.06 billion pounds), 0.004% Mo, 0.06 g/t Au and 3.62
g/t Ag (0.33% CuEq) as reported February 27, 2012. Sample density is now
sufficient that a significant portion of the resource has been upgraded from the
Inferred to Indicated category. 


Recommendations from the Report include drilling of holes dedicated to
collecting samples for metallurgical testing, and re-drilling of holes selected
from the historical drilling to confirm copper and molybdenum grades. The
re-drilled (or twinned) holes will also provide greater sample density for gold
and silver analyses. Additional holes will also be dedicated to further
upgrading of resources from Inferred to Indicated and Measured categories, and
to expanding the deposit laterally and at depth. The goal of this work is to
provide Lions Gate with a mineralized resource that may be converted into a
reportable Mineral Reserve. 


"Company geologists have steadily built the Poplar Resource over the past year.
The increased drill density and the geological model have increased the resource
both in size and grade, particularly through the construction of precious metal
models, and in removal of dilution from the estimates," says Senior Technical
Consultant, Peter L. Ogryzlo, M.Sc., P.Geo.  


"The inclusion of gold and silver estimates in the resource is of sufficient
importance to reclassify the deposit from a copper-molybdenum porphyry to a
copper-gold-silver porphyry. In addition, by converting a portion of the
resource into the Indicated category, the Company is now in a position to define
a Mineral Reserve, as outlined in the proposed work program of the Report. Lions
Gate hopes to increase confidence in their estimates by converting more of their
Inferred Resources into Indicated and Measured. Metallurgical testing of the
deposit beyond the historical work is also a necessary component in converting
the Poplar Resource into a Mineral Reserve." 


Company President and CEO, Paul Sarjeant, B.Sc., P.Geo., confirms that 2012
should be an exciting year for shareholders. "We are of course thrilled that the
Report reflects our confidence in the Poplar deposit and its near and long-term
potential. The untold chapters of the expansive 77,705 hectare Poplar story
remain the eight other high-potential copper-gold porphyry regional targets on
the Property. We are very anxious to get on the ground as early as possible this
spring/summer to undertake early stage exploration on regional targets,
culminating ultimately, in first pass drilling of the best targets. In addition,
early this summer, we plan to undertake basic geological mapping, sampling and a
deep IP geophysical survey on our 6,900 hectare ROK Coyote copper-gold project
contiguous to Imperial Metals' Red Chris copper-gold property in northwest
British Columbia. We hope to see diamond drilling there as well, before the snow
comes." 


The recommended $1.1 million Phase One (2012) Poplar Deposit program comprises
metallurgical testing of the deposit and verification and upgrade of historic
data by re-drilling 10 holes to 300 metre depths in the Main and East Zones.
Subject to anticipated positive results, a Phase Two program of diamond drilling
is recommended in follow-up. That program and associated funding requirements is
outlined in the Report.


About the Property 

Lions Gate Metals Inc. has a 100% interest in the 77,705 hectare, 196 claim
Poplar Copper-Gold-Silver Porphyry Property located in western-central British
Columbia, Canada, approximately 35 kilometres northeast of the Huckleberry
copper-molybdenum mine, between Huckleberry and the mining resource town of
Houston. The Huckleberry Mine is operated by the Imperial Metals led consortium
named Huckleberry Mines Ltd. The Poplar Deposit on the Property has an NI 43-101
compliant Indicated Resource of 171.3 million tonnes grading 0.28% Cu, 0.008%
Mo, 0.08 g/t Au and 2.30 g/t Ag (0.40% CuEq), plus an Inferred Resource of 209.0
million tonnes grading 0.23% Cu, 0.004% Mo, 0.06 g/t Au and 3.62 g/t Ag (0.33%
CuEq).  


Additional diamond drilling is planned to further define and upgrade this
resource. Near-surface mineralization and significant gold and silver presence
are Poplar Deposit highlights. Eight other regional copper-gold porphyry targets
have been identified on the Property. 


About ROK Coyote

Lions Gate Metals Inc. is earning into a 75% interest in the 6,900 hectare, 19
claim ROK-Coyote copper-gold project adjacent to Imperial Metals' Red Chris
project which has reported, measured an indicated reserves of 446.1 million
tonnes at 0.36% Cu and 0.29% g/t Au, plus inferred resources of 268.7 million
tonnes grading 0.30% Cu and 0.27 g/t Au. The Company considers ROK Coyote to be
one of BC's most highly prospective copper-gold alkalic porphyry targets
amenable to pit and bulk underground mining. 


About Lions Gate Metals 

Lions Gate Metals Inc. is a Canadian based, junior resource company focused on
the exploration, development, and acquisition of copper and copper-focused
multi-mineral projects. The Company boasts one of the largest consolidated
property portfolios of any Canadian junior resource company, including the
77,705 hectare Poplar copper-gold-silver porphyry property located 35km
northeast of the Huckleberry mine operated by Imperial Metals Corp
(proven/probable 39.7 million tonnes grading 0.343% copper: aggregate production
to Dec 31, 2010 approximately 870.0 million pounds copper, 8.0 million pounds
molybdenum, 105,000 ounces gold and 3.4 million ounces silver) in west-central
British Columbia, and the 6,900 hectare ROK-Coyote copper-gold porphyry property
contiguous with Imperial Metal's Red Chris copper-gold project in northwestern
British Columbia. Poplar and ROK-Coyote are the primary focus of the 2012
Exploration Program. 


Andrew Gourlay, P. Geol., Vice President Exploration is a 'Qualified Person'
under NI 43-101 and has reviewed and approved the contents of this news release.



Forward-Looking Statements 

Statements in this release that are forward-looking statements, including
statements subject to various risks and uncertainties concerning the specific
factors identified in the Company's periodic filings with Canadian Securities
Regulators. These factors include the inherent risks involved in the exploration
and development of mineral properties, the uncertainties involved in
interpreting drill results and other exploration data, the potential for delays
in exploration or development activities, the geology, grade and continuity of
mineral deposits, the possibility that future exploration, development or mining
results will not be consistent with the Company's expectations, accidents,
equipment breakdowns, title matters, labor disputes or other unanticipated
difficulties with or interruptions in production and operations, fluctuating
metal prices, the possibility of project cost overruns or unanticipated costs
and expenses, uncertainties relating to the availability and costs of financing
needed in the future, the inherent uncertainty of production and cost estimates
and the potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, regulatory restrictions, including
environmental regulatory restrictions and liability, competition, loss of key
employees, legal, political or environmental factors that may influence future
events or conditions, and other related risks and uncertainties. The Company
undertakes no obligation to update forward-looking information except as
required by applicable law. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results may vary
materially. Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information.


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