Long Harbour Exploration Corp.

November 25, 2011 17:03 ET

Long Harbour Appoints CEO and President

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 25, 2011) - Long Harbour Exploration Corp. (TSX VENTURE:LHC)(the "Company") is pleased to announce the appointment of Mr. Peter Espig as Chief Executive Officer and President of the Company.

Mr. Espig brings strong mining and financial experience and is expected to play a vital role as the Company moves forward in evaluating key opportunities. Mr. Espig is a Vancouver-based executive who began his career working in mining exploration with junior mining companies, prior to embarking on a finance career. As an investment banking executive, Mr. Espig held key positions at Olympus Capital Holdings, a New York based private equity fund, and Goldman Sachs, as a banker in Asia. He later became involved on Wall Street in creating special acquisition companies ("SPAC's") and Foreign Issuer structures that helped raise a substantial amount of funds for transactions.

"I am very excited to be joining Long Harbour," comments Mr. Espig. "I believe the Company has a solid team that will enable us to source and evaluate multiple opportunities. We hope to focus on opportunities that have already reached a level of viability, provide the remaining infrastructure and maximize business efficiencies."

Mr. Geoff Lee will reassume his previous role as the Company's Chief Financial Officer. The Board wishes to thank Mr. Lee for his contribution to the Company during his period as interim CEO.

Long Harbour is a Vancouver-based junior mining exploration company that is pursuing the acquisition and development of highly prospective exploration properties in the precious metals and mineral sectors. The Company currently owns two strong uranium properties of merit in the Eastern Athabasca Basin, Saskatchewan, the world's foremost high-grade uranium exploration region.

The Board of Directors

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 news release.

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