AIF Altus Group Limited

Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") is
pleased to announce the completion of the Phase 2 diamond drill program at the
Poplar Project, 35km from Imperial Metals' Huckleberry Mine. Twenty-nine holes,
totaling 10,913.93m, were drilled in this phase of exploration. The drill core
has been logged and sampled, and all samples have been submitted for analyses.


The Phase 2 Drill Program was designed to augment the program completed in March
this year. Using the data obtained from the early drilling program, LGM's
geological team designed a new drill plan to increase the confidence in the
current resource, extend the limits of the Main Zone deposit laterally and at
depth, and provide more gold and silver data. 


The recent program increases the total drilling for 2011 to 42 holes over 16,481
metres. As assay results are returned, LGM will improve its understanding of the
deposit and its mineralization. The new data will be used to generate an updated
resource calculation that will include, for the first time, gold and silver
grades, which are expected to augment the already significant copper molybdenum
grades. 


"LGM is now able to create a model of the Poplar Main Zone deposit that will
include values for all the minable commodities contained," stated Arni
Johannson, LGM's CEO. "This is a big step for the company. With the new resource
calculation, we will have a much better idea of the contained metal and be well
on our way to defining the true size and grade of this resource."


The 100% owned Poplar Project has a NI 43-101 compliant resource of 245 million
tonnes grading 0.27% copper, containing 1.4 billion pounds of copper, at a 0.15%
copper cut-off. This resource estimate was prepared by Giroux Consultants
Limited (News Release dated August 23, 2011), and was based on 105 historical
drill holes and 13 diamond drill holes, totaling 5,569m, completed by Lions Gate
in the spring of 2011. The Phase 2 drill program will provide enough data for an
estimate of gold and silver grades, in addition to copper and molybdenum grades.
An updated resource estimate will be made when all the results from the Phase 2
drilling are received and compiled, and is expected in the spring of 2012.


About Lions Gate Metals

Lions Gate is a Canadian based, junior resource company focused on the
exploration, development, and acquisition of Copper projects. LGM owns five
substantial projects in British Columbia. LGM's 100% owned flagship project is
the Poplar porphyry copper - gold deposit near Houston, BC. The Huckleberry
Mine, located approximately 35 kilometres southwest of the Poplar Deposit,
produces copper and molybdenum from a deposit of similar age and setting. In
2011, LGM optioned the right to acquire 75% of the ROK-Coyote project near
Iskut, BC which sits adjacent to Imperial Metals' Red Chris Project. These 2
projects are the main focus of LGM's 2012 Exploration Program.


2011 Milestones:



--  Completed a National Instrument 43-101 compliant resource calculation. 
--  Completed over 16,000 metres of drilling at costs below $200 per metre. 
--  Improved our corporate governance practices to include a fully
    independent audit committee. 
--  Filed an Annual Information Form ("AIF") which will enhance capital
    market access. 
--  Negotiated Option to earn 75% of ROK-Coyote. 
--  Completed further exploration at ROK-Coyote and Poplar regional targets.



2012 Goals:



--  Publish an updated National Instrument 43-101 Resource Estimate. 
--  Continue drilling to expand and enhance the Poplar Project. 
--  Continue exploration of the Polar Regional targets to include geophysics
    and drill targeting. 
--  Drill target location and possible drilling at ROK-Coyote. 



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.


Sincerely on behalf of the Board of Directors,

Arni Johannson, CEO and Chairman of the Board

Lions Gate Metals Inc.

Lions Gate Metals Inc. is a Canadian based, junior resource company focused on
the exploration, development, and acquisition of both advanced and early stage
mineral projects. 


For further information on the Company and its projects please visit our web
site at www.LionsGateMetals.com.


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, 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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