RDM

Red Mile Minerals Corp. (TSX VENTURE:RDM)(the "Company")("Red Mile") has
acquired an option (the "Option") to earn a 50% interest in the Blue Quartz
Extension gold property located immediately adjacent, and on trend, to the Blue
Quartz property, owned 50% by the Company and 50% by McLaren Resources Inc. (MCL
- CNSX)("McLaren"). 


The Blue Quartz Extension property is located in Beatty Township in the Timmins
District of Ontario and consists of 8 staked claims (240 ha) and is subject to
an existing 2% NSR. The property is situated 8km north-west of the Black Fox
Mine operated by Brigus Gold. Under the terms of the Option, the Company must;




1.  Spend a minimum of $100,000 on exploration drilling by August 31, 2013; 
2.  Spend a further $200,000 on exploration drilling by August 31, 2014; 
3.  Spend an additional $200,000 on exploration drilling by August 31, 2015
    for an aggregate total of $500,000 to earn a 50% interest.



Property Map: http://redmileminerals.com/images/REd-Mile-Blue-Quartz-Property.png

The Company can spend the exploration funds on either the Blue Quartz Extension
property or the Blue Quartz property to earn the interest in the Blue Quartz
Extension property.


The Company has signed a letter agreement to acquire the Option, with an
industry standard definitive Option Agreement to be executed within 6 months.
Upon execution of the option, Red Mile and McLaren will each own 50% of the
entire Blue Quartz-BQ Extension package.


John Heslop, a member of the Board of Directors of the Company, is also a
director of McLaren, and therefore abstained from voting on the Option
agreement. 


Proposed Drill Program

The drill program will focus upon expanding on the positive exploration results
received in 2010 - 2011. 


Blue Quartz Drill Results - 2010 & 2011: http://media3.marketwire.com/docs/r925t.pdf

These results indicate a strong gold mineralized structure located at the west
end and below the historic underground workings as well as to the west and below
the majority of the limited drilling completed on the property to date. The
mineralized zone is open to depth and down plunge with indications that the
hydrothermal alteration system is increasing in intensity along with both the
grade and width of the mineralization. The drilling will target down plunge and
along strike of this mineralization. 


About Red Mile Minerals

Red Mile Minerals is a closely 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 could substantially enhance shareholder
value. To access the Company's updated presentation, clink on the link
www.redmileminerals.com.


On behalf of the Board of Red Mile Minerals Corporation

John Hickey, President and CEO

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