Nemaska Exploration Inc.
TSX VENTURE : NMX

Nemaska Exploration Inc.

January 19, 2010 12:39 ET

Nemaska Exploration Reports 65,4m at 1,92 % Li2O, 20,76m at 1,94% Li2O, 18m at 2,26% Li2O and 17,9m at 1,93% Li2O on Its Whabouchi Property.

Final Results of Its Drilling Campaign Completed in October 2009, Update and Additionnal Diilling.

QUEBEC CITY, QUEBEC--(Marketwire - Jan. 19, 2010) - Nemaska Exploration Inc. (Nemaska or the Company) (TSX VENTURE:NMX) announces the results of its last three of seven holes completed in October 2010 on its Whabouchi property and confirms that it resumed drilling of a 5,000m campaign that will lead to a resources calculation during the spring of 2010. A detailed map indicates the location of the drill holes as well as the sampling and trenches can be found at http://media3.marketwire.com/docs/Whabouchi_samples.jpg.

Hole WHA-05-09 has intersected among others, 65,4m of spodumene pegmatite grading 1,92% Li2O, and 18m at 2,26% Li2O. This hole confirms at depth the pegmatite zones intersected in hole WHA-04-09, which has reported 29m a 2,11% Li2O and 12,25m at 1,66% Li2O.

Hole WHA-06-09 has intersected among others, 10,91 m of spodumene pegmatite grading 1,81% Li2O and 20,76m at 1,94 Li2O. Hole WHA-07-09 has intersected among others, 17,9 m of spodumene pegmatite grading 1,93% Li2O and 17,45 at 1,51% Li2O confirming at depth the intersections reported in hole WHA-06-09.



The summary of the 7 holes completed in October 2009, are reported in the
following table:

------------------------------------------------------------------------
Holes From To Length True widths Li Be Li2O
(m) (m) % g/t %
------------------------------------------------------------------------
WHA-01A-09
34,82 37,26 2,44 2,29 0,36 155 0,78
Including 34,82 35,87 1,05 0,99 0,71 180 1,53

48,37 55,3 6,93 6,51 0,8 128 1,72
Including 48,37 54,5 6,13 5,76 0,9 127 1,94

77,66 78,26 0,6 ,56 0,01 86 0,02

80,86 82,03 1,17 1,10 0,01 144 0,02

WHA-02-09
19,5 22,38 2,88 2,72 0,73 174 1,57

39,02 41,31 2,29 2,17 0,38 127 0,82
Including 39,02 40,64 1,62 1,53 0,52 122 1,12
59,62 60,63 1,01 0,95 0,04 110 0,09

WHA-03-09
3,93 6,77 2,84 2,21 0,74 183 1,59
Including 3,93 6 2,07 1,61 0,97 145 2,09

14,88 15,66 0,78 ,61 0,37 93 0,80

17,32 118,25 100,93 80,61 0,76 147 1,64
Including 17,32 31 13,68 10,93 1,05 170 2,26
Including 39 50 11 8,78 1,08 179 2,33
Including 53,92 59 5,08 4,06 1,27 180 2,73
Including 69,5 71,5 2 1,6 0,79 140 1,70
Including 81,5 89,5 8 6,39 0,82 123 1,77
Including 93 110 17 13,58 0,9 159 1,94
Including 113 117,5 4,5 3,59 0,87 162 1,87

WHA-04-09
15 44 29 19,78 0,98 176 2,11

59,14 61,94 2,8 1,91 1,07 265 2,30
63,81 76,06 12,25 8,35 0,77 165 1,66
70,5 75,5 5 3,41 1,03 254 2,22

WHA-05-09
6,5 7,36 0,86 0.68 0,65 84 1,40
40,92 53,05 12,13 9.55 0,52 131 1,12
Including 40,92 42 1,08 0.85 0,74 82 1,59
102,76 168,5 65,74 49.61 0,89 178 1,92
132,5 150,5 18 13.58 1,05 182 2,26

WHA-06-09
20,5 22,96 2,46 1.91 0,98 311 2,11
35,59 46,5 10,91 8.71 0,84 148 1,81
60,6 81,36 20,76 15.67 0,81 153 1,74
Including 65,5 74,5 9 6.79 1 171 2,15

WHA-07-09
91,48 95,5 4,02 3.12 0,93 155 2,00
105,94 123,84 17,9 13.91 0,89 143 1,93
130,67 132 1,33 1.03 0,61 138 1,31
133,5 136,2 2,7 2.1 1,4 163 3,01
138,65 156,1 17,45 13.56 0,7 153 1,51
Including 138,65 141,5 2,85 2.21 1,12 70 2,41
Including 141,5 156,1 14,6 11.35 0,62 183 1,33
159,8 163,5 3,7 2.87 1,38 46 2,97


The Company has reported the intersections lengths in the holes as well as the best estimates of the true widths given the current understanding of the geology. The 2009 holes were done at an average azimuth of 330 degrees and a dip of 50 degrees. The pegmatite bands have generally an azimuth of 060 degrees and a South-East dip of 70 degrees to 80 degrees. The difference noted between the intersection length and the true width of the holes realized in the Eastern sector can be explained by the difference in dip of the pegmatite zones intersected



Nemaska Exploration 2009 holes, location and details

------------------------------------------------------------------
# hole East UTM North UTM Azimut Dip length (m)
------------------------------------------------------------------
WHA-01-09 441695 5726322 330 -50 33.1 (abandoned)
------------------------------------------------------------------
WHA-01A-09 441695 5726327 330 -50 90
------------------------------------------------------------------
WHA-02-09 441657 5726323 330 -51 65,9
------------------------------------------------------------------
WHA-03-09 440963 5725788 330 -52 129
------------------------------------------------------------------
WHA-04-09 440884 5725716 330 -52 138
------------------------------------------------------------------
WHA-05-09 440920 5725650 330 -51 177
------------------------------------------------------------------
WHA-06-09 441063 5725885 330 -50 114
------------------------------------------------------------------
WHA-07-09 441093 5725831 330 -50 168
------------------------------------------------------------------


Canico 1962-63 holes, location and details

------------------------------------------------------------------
14890 n.l. n.l. 360 -60 21,4
------------------------------------------------------------------
14891 441642 5726344 175 -60 20,1
------------------------------------------------------------------
24040 n.l. n.l. 330 -45 137,3
------------------------------------------------------------------
24041 441413 5726071 330 -45 146,6
------------------------------------------------------------------
24042 440993 5725784 330 -45 138,1
------------------------------------------------------------------
n.l.: not located


During that campaign, sixteen (16) trenches exposed more than 710 meters of pegmatite and country rocks. These trenches, with a 50 to 100 meters spacing, covered 1000 meters laterally. A total of 27 channels, totalling 295,6m coming from 11 trenches, were completed. The results of these channel samples are reported in the following table:



-----------------------------------------------------------------
Trench Channel From To Length % Li % Li2O
-----------------------------------------------------------------

TR-1 R-01 1,00 1,70 0,70 0,95 2,05
R-02 0,00 4,30 4,30 0,76 1,64
R-03 0,00 5,50 5,50 0,87 1,87

TR-2 R-04 0,00 2,20 2,20 0,53 1,14
3,00 7,00 4,00 0,54 1,16

R-05 0,00 10,30 10,30 0,57 1,24
R-06 0,00 0,55 0,55 0,76 1,64
5,00 6,50 1,50 0,71 1,52
R-07 1,30 9,80 8,50 1,35 2,9
R-08 0,00 7,10 7,10 1,51 3,26

TR-3 R-09 1,05 7,40 6,35 0,81 1,75
R-10 0,00 2,30 2,30 0,94 2,01
R-11 0,00 3,10 3,10 0,63 1,36

TR-4 7 chip
samples 10,00 1,33 2,86

TR-5 R-12 1,40 8,30 6,90 1,07 2,31
R-13 1,00 7,80 6,80 0,75 1,61

TR-6 R-14 1,00 8,20 7,20 0,88 1,90

TR-7 Filled Not sampled

TR-8 R-15 0 4,60 4,60 0,62 1,34
R-16 0,00 2,60 2,60 0,65 1,40
R17 0,00 15,70 15,70 0,71 1,52
R-18 0,00 2,80 2,80 0,88 1,89

TR-9, TR-10 and TR-11, to be sampled in 2010

TR-12 R-23 0,00 3,80 3,80 0,58 1,25
9,00 15,90 6,90 0,74 1,60

TR-13 R-22 1,00 36,40 35,40 0,71 1,53

TR-14 R-20 4,20 35,00 30,80 0,90 1,94
R-21 1,00 9,60 8,60 0,95 2,05

TR-15 R-24 1,00 4,65 3,65 0,96 2,07
R-25 1,00 4,40 3,40 0,50 1,08
R-26 17,40 20,60 3,20 0,38 0,81
22,70 28,60 5,90 0,98 2,11
34,00 38,25 4,25 0,62 1,33
40,10 41,10 1,00 0,15 0,32
42,10 43,50 1,40 0,52 1,12
46,50 52,40 5,90 0,82 1,77
56,50 62,50 6,00 0,73 1,58

TR-16 R-19 1,30 7,90 6,60 0,60 1,29
R-27 0,00 2,75 2,75 0,51 1,10
9,25 12,50 3,25 0,54 1,16
25,00 36,60 11,60 1,02 2,20


The samples have been shipped for preparation (crushing and pulverization) to the lab of Table Jamesienne de Concertation Miniere (TJCM) in Chibougamau. The prepared samples will then be sent by courier to the Lakefield laboratory of SGS Mineral Services in Lakefield, Ontario, for lithium and beryllium analysis. This laboratory is recognized by industry and accredited ISO/MEC 17025: 2005 by the Canadian Council of standards. Nemaska Exploration implements a rigorous quality control protocol to its operations, including the insertion of analytical control samples, duplicates and blanks and the follow-up on the results of these assays.

The technical sections of this press release have been prepared and reviewed by Donald Theberge, Eng. M.B.A. and qualified person as defined in National instrument 43-101.

About Nemaska Exploration

Nemaska Exploration Inc., a reporting issuer in Quebec since November 2008, is a mineral exploration company involved in the James Bay region in Quebec. Its main assets are the Lac Arques (about 32,000 hectares), Whabouchi (about 1,600 hectares) Lac Levac and Lac des Montagnes properties (about 32,000 hectares) all 100 % owned. These properties are contiguous and cover about 70 km of the Lac des Montagnes green belt polymetallic formation and are easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km). They are located near the Cree community of Nemaska and the Nemiscau airport.

Neither 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.

The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

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