RDM

Red Mile Minerals Corp. (TSX VENTURE:RDM) "Red Mile" (the "Company") is pleased
to announce it has signed an option agreement with McLaren Resources Inc (CNSX:
MCL) "McLaren" whereby McLaren can earn 50% of the Company's interest in the
Blue Quartz Property. In addition, upon McLaren earning a 50% interest, McLaren
will have the right of first refusal for the remaining 50%. 


Transaction Terms

To acquire 50% of Red Mile's interest in the Blue Quartz Property, McLaren will,
subject to Regulatory Approval, make a cash payment of $10,000 on the date of
signing of the Letter of Agreement, and spend a minimum of $200,000 in
Exploration and Development expenditures on or before September 1, 2011.


John Hickey, President & CEO of Red Mile, commented: "We are pleased to have
McLaren Resources join with us to take the Blue Quartz project forward. Our
previous work on the historic Blue Quartz mine has clearly indicated the
property deserves more work to fully explore its mineralization. By McLaren
taking on a $200,000 work program to earn 50%, it allows Red Mile to focus its
attention on the Dorset Property in Baie Verte Newfoundland." (see Press Release
dated October 25, 2010)


About Red Mile Minerals

Red Mile Minerals is a tightly held mineral exploration company with a gold
property along the prolific Destor-Porcupine gold-producing region in Ontario
and the Dorset Property in Baie Verte, Newfoundland. Red Mile continues to seek
additional mineral exploration opportunities where the company's exploration
expertise and corporate share structure has the potential to substantially
enhance shareholder value. Currently there are 9,940,000 shares issued and
outstanding.


On behalf of the Board of Red Mile Minerals Corporation

John Hickey, President and CEO