[Marinir] {Disarmed} Lions Gate Metals (TSX-V: LGM) New 43-101 Dramatic Increase in Copper & Gold Adjacent to Huckleberry Mine

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Lions Gate Metals announces a 47% increase in copper and adds 
significant gold and silver resource at Poplar 

New resource contains 1.06 billion lbs Cu indicated plus 1.06 billion 
lbs Cu inferred; 440 thousand ozs Au indicated plus 400 thousand ozs Au 
inferred; 12.7 million ozs Ag indicated plus 24.3 million ozs Ag 
inferred; and 30.7 million lbs Mo indicated plus 19.8 million lbs Mo 
inferred 

Lions Gate Metals Inc. (TSX-V: LGM 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=LGM&region=C&lookup=symbol&snapshot=default 

) is very pleased to announce the results from the updated Resource 
Estimate for its 100% owned, 196 claim, 77,705 hectare Poplar 
Copper-Gold-Silver Porphyry Property (the "Property"), located in 
west-central British Columbia. Just six months after the Company 
announced an NI 43-101 Resource Estimate of 1.4 billion pounds copper 
for the Property, it has completed a very successful 29 hole, 10,914 
metre phase-two drill program, which increased overall confidence in the 
resource numbers, upgraded a portion of the deposit from Inferred to 
Indicated status, and introduced compelling gold and silver values. See 
Poplar Deposit map for resource area and drilling locations. 

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). These Resources are a 
significant increase from the initial Inferred Resource Estimate of 
245.89 million tonnes grading 0.23% Cu (1.4 billion pounds) and 0.006% 
Mo, released on August 23, 2011. 

"These tonnage and grade numbers confirm the confidence we had in the 
Property from the outset, and we are very pleased to share the results 
with shareholders," says Lions Gate President and CEO Paul Sarjeant. 
"The increased tonnage is quite significant, made even more so by the 
favourable economics of contained gold and silver, near-surface 
mineralization, and the strategic advantages of our location within an 
established mining district. The Property is displaying the requisites 
of a viable copper operation with considerable size and grade, and 
impressive added-value in precious metals." 

The mineralization remains open to the north, east and to depth, and 
additional exploration is being planned to further define the limits of 
the Poplar Deposit and upgrade portions of the resource to the measured 
category. 

Indicated Resource within Total Blocks - Poplar Copper-Gold-Silver 
Deposit 

Grade > Cut-off Contained Metal 

Cut-off 

Cu (%) Million 

(tonnes) CuEq 

(%) Cu 

(%) Mo 

(%) Au 

(g/t) Ag 

(g/t) Million 

lbs of Cu Million 

lbs of Mo Million 

ozs Au Million 

ozs Ag 

0.05 285.0 0.30 0.21 0.006 0.06 2.01 1,327.6 39.8 0.550 18.420 

0.10 222.7 0.34 0.24 0.007 0.07 2.17 1,184.3 35.5 0.500 15.540 

0.15 171.3 0.40 0.28 0.008 0.08 2.30 1,062.1 30.7 0.440 12.670 

0.20 129.3 0.44 0.31 0.009 0.09 2.38 886.9 25.7 0.370 9.890 

0.25 92.7 0.48 0.35 0.010 0.09 2.46 717.3 19.9 0.270 7.330 

Inferred Resource within Total Blocks - Poplar Copper-Gold-Silver 
Deposit 

Grade > Cut-off Contained Metal 

Cut-off 

Cu (%) Million 

(tonnes) CuEq 

(%) Cu 

(%) Mo 

(%) Au 

(g/t) Ag 

(g/t) Million 

lbs of Cu Million 

lbs of Mo Million 

ozs Au Million 

ozs Ag 

0.05 504.3 0.23 0.15 0.004 0.05 2.91 1671.723 39.007 0.810 47.180 

0.10 328.9 0.28 0.19 0.004 0.05 3.33 1379.410 28.314 0.530 35.220 

0.15 209.0 0.33 0.23 0.004 0.06 3.62 1060.425 19.825 0.400 24.330 

0.20 129.5 0.38 0.27 0.005 0.07 3.73 770.877 12.848 0.290 15.530 

0.25 70.4 0.43 0.31 0.005 0.08 3.86 481.376 7.143 0.180 8.740 

The updated Resource Estimate is NI 43-101 compliant and has been 
prepared by Gary H. Giroux, MSc, P. Eng., of Giroux Consultants Limited. 
A Technical Report describing the resource estimate is expected to be 
filed with SEDAR within 45 days of this release. Mr. Giroux is a 
'Qualified Person' as defined by NI 43-101 and is independent of the 
Company. 

The Company is working hard to ensure completion of upgraded resource 
estimate maps and displays, in time for PDAC 2012 at the Metro Toronto 
Convention Centre from March 4-7, 2012. Lions Gate will be exhibiting in 
The Core Shack at Exhibit #5018, on Sunday March 4th, 2012 and Monday 
March 5th, and in their Investors Exchange Exhibitor Booth #2524 (Halls 
F&G) for the four-day duration of the show. The Core Shack is a PDAC 
feature destination where 'The latest discoveries are highlighted, along 
with maps, charts and technical information'. 

To determine the resource present on the Property, a three-dimensional 
solid was constructed to constrain the mineralized area, using a 0.1 % 
Cu grade shell as a guide. Large internal waste zones were modelled as 
were some larger post mineral dykes. Of the total database, 129 drill 
holes totalling 37,205 metres were within the mineralized zone and were 
used to estimate the resource. Drill holes were compared to the 
mineralized solid and assays were tagged if inside. 

Copper, molybdenum, gold and silver assays within the mineralized solid 
were capped at 1.4 % Cu, 0.14 % Mo, 0.34 g/t Au and 41.0 g/t Ag. Five 
metre composites were formed and used for variography. For this estimate 
and to aid with some preliminary planning, the blocks were reduced to 5 
x 5 x 10 m in dimension and were estimated for Cu, Mo, Au and Ag by 
ordinary kriging. The resource is classified as Indicated and Inferred 
based on blocks proximity to data and the grade continuity. At a 0.15 % 
Cu cut-off the Indicated Resource is 171.3 million tonnes at 0.28% Cu, 
0.008 % Mo, 0.08 g/t Au and 2.30 g/t Ag while the Inferred Resource is 
an additional 209.0 million tonnes grading 0.23 % Cu, 0.004 % Mo, 0.06 
g/t Au and 3.62 g/t Ag. This can be compared to the last resource, all 
classified as Inferred at a 0.15 % Cu cut-off, of 246 million tonnes 
with average grades of 0.27 % Cu and 0.007 % Mo (Giroux, July 2011 
Mineral Resource Estimate on the Poplar Deposit, Omineca Mining 
Division, British Columbia). 

The total database comprises 105 historical diamond drill holes, 
totalling 23,164 metres, completed by Utah Mines Limited and others and 
42 diamond drill holes, totalling 14,486 metres completed by the Company 
in 2011. All samples were submitted to Acme Labs, Vancouver, an ISO 
17025 accredited analytical laboratory, for preparation and analyses. 
Sample preparation used procedure R200-250, with digestion and analyses 
using method 1EX and gold determination by method G601. Lions Gate QA/QC 
included the insertion of one standard, one blank and one duplicate in 
each batch of 20 samples. 

Copper Equivalent (Cu Eq) 

Calculations were based on equivalency factors of CuEq% = Cu% x 1,, Au 
(CuEq%) = Au g/t x 0.57291667, Ag (CuEq%) = Ag g/t x 0.01041667, and 
metal prices of Cu $2.80/lb, Mo $16.00/lb, Au $1100/troy oz., Ag 
$20/troy oz. The equivalency factor for molybdenum is Mo (CuEq%) = Mo% x 
5.71428571. Metal recoveries are not used, as metallurgical studies are 
incomplete. 

About the Property 

Lions Gate Metals 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 coppermolybdenum mine operated by Imperial Metals Corp, 
between Huckleberry and the mining resource town of Houston. 

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 Lions Gate Metals 

Lions Gate Metals 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. 

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

http://www.lionsgatemetals.com 

or call CEO and President Paul Sarjeant at 604.683.7588 

Neither the TSX Venture Exchange nor its Regulation Services Provider 
(as that term is defined in the policies of the TSX Venture Exchange) 
accepts responsibility for the adequacy or accuracy of this 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 forwardlooking statements or 
information. 

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