Match Capital Resources Corporation

September 24, 2010 11:15 ET

Match Capital Announces Results of Summer Field Program on Indian Lake Program, Schefferville Area of Quebec

TORONTO, ONTARIO--(Marketwire - Sept. 24, 2010) - Match Capital Resources Corporation (TSX VENTURE:MHC.H)("Match" or the "Company"), is pleased to announce results of the summer field program on the Indian Lake Property. The Indian Lake Property was discovered at the beginning of the field season in 2010. The property is located approximately 60 kilometers east of Schefferville, Quebec and is composed of three claim groups, namely Indian Lake West, Indian Lake East and Indian Lake North. A large gossanous area was observed by a prospecting crew while traveling by helicopter from Schefferville to another prospect in the area. 

Indian Lake West

Significant results to date include a 200 metre long, 0.8 metre to 1.0 metre wide stratiform zone trending 270 and dipping vertically. The zone is sulphide-rich and sampling by Stewart Winter (composite chip samples across the zone) returned copper values of 4.30%, 1.04%, and 2.28% with associated gold values of 2.94 grams per tonne ("g/t"), 0.463 g/t and 12.30 g/t respectively. Of the 8 rock grab samples taken by the Company on the Indian Lake West property during the summer program, two showed significant copper analyses of 0.7 and 2.5 percent.

Indian Lake East

A total of 17 samples were taken on the Indian Lake East property. One sample showed a platinum value of 102 parts per billion ("ppb") and another showed a zinc value of 0.2 percent.

Indian Lake North

Twenty-three samples were taken on the Indian Lake North property. Three significant platinum values of 128, 133, and 143 ppb were returned. Three significant palladium values of 294, 460 and 550 ppb were returned. Two anomalous silver values were 14 and 28 g/t. Two copper analyses of 0.5 and 1.4 percent, one lead analysis of 3.1 percent, and two zinc analyses of 1.3 and 3.4 percent were returned. The two anomalous zinc values and the corresponding silver values were taken about 100 meters apart on the same sulphide-rich horizon. Eight nickel values were greater than 0.1 percent.

In 1988 a prior owner of the property drilled a hole to test a ground electromagnetic anomaly and intersected 46.2 feet (14.08 m) of massive sulphides consisting of pyrrhotite, pyrite and chalcopyrite. The sulphide zone averaged 0.44% Cu, 0.31% Ni and 0.44 grams/ton platinum + palladium over the entire intersection. This massive sulphide body lies between a peridotite and a gabbro sill. The body is similar to the platinum-palladium-copper-nickel bodies being explored at Blue Lake located 22 km to the south. Grades and tonnages of these massive sulfide lenses have been widely reported in the Québec government mineral inventory lists since their discovery and delineation by Hollinger North Shore Exploration Ltd. The Québec government reports that total mineralization of the four main sulfide lenses and adjacent smaller sulfide bodies is 4.03 Mt at 0.85% Cu, 0.52% Ni and 0.84 g/t platinum+palladium. These figures do not represent a resource as defined by National Instrument 43-101, and should not be relied upon by investors.

"We are very excited about the results of the summer field program." said Elizabeth Kirkwood, President and CEO of Match. "We look forward to completing the next phase of the work program which will consist of power stripping, washing and channel sampling. The successful completion of the recent equity financing will ensure that the Company is well financed to carry out continued exploration programs."

All analyses were completed by Accurassy Laboratories, Thunder Bay, Ontario.

Stewart Winter, P.Geo. is the qualified person that has reviewed the content of this press release.

About Match Capital

Match entered into an option/joint venture agreement with Western Troy Capital Resources in July, 2010 where Match can earn up to a 50% interest in the Indian Lake Property by spending $250,000 over a two year period. A National Instrument 43-101 report on the Indian Lake Property was produced in July, 2010 by Stewart Winter, P.Geo and can be viewed

Forward Looking Statements

This Company Press Release may contain certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

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.

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