SAL Salmon River Resources Ltd.

Salmon River Resources Ltd. ("Salmon River" or the "Company") (TSX VENTURE:SAL)
is pleased to announce that it has, subject to the approval of the TSX Venture
Exchange, agreed to settle indebtedness of $600,000 by the issuance of 1,714,285
shares of the Company at a price of $0.35 per share. This amount was previously
to have been settled by the issuance of shares of the Company, but was withdrawn
by the Company while the Company addressed comments from the TSX Venture
Exchange in respect of the settlement (see news releases dated February 14, 2011
and August 22, 2011). 


About Salmon River Resources Limited (TSX VENTURE:SAL)

Salmon River Resources Limited is a mineral exploration company engaged in the
exploration for and development of commercial deposits of iron ore in Western
Australia. It holds an exclusive option to acquire the Mt. Manning project
located in the Yilgarn region of Western Australia, approximately 210 kilometres
northwest of Kalgoorlie. Salmon River believes the project has the potential to
be a world-class iron ore deposit with early development potential. The shares
of Salmon River are listed on the TSX Venture Exchange under the symbol "SAL".
For further information see our website at www.salmonriverresources.com.


On behalf of the Board of Directors of SALMON RIVER RESOURCES LTD.

J.G. Stewart, President

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