Mill City Gold Corp.
TSX VENTURE : MC

Mill City Gold Corp.

February 11, 2011 15:45 ET

Mill City Gold Corp.: Grant of Incentive Stock Options

CALGARY, ALBERTA--(Marketwire - Feb. 11, 2011) - MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE:MC) has today granted to certain officers, directors and a consultant of the Company incentive stock options to purchase a total of 1,650,000 common shares of the Company under the Company's current stock option plan. The options will vest as to 25% upon the date of grant and 12 ½% every quarter thereafter with an expiry date of February 11, 2016 and are exercisable at a price of $0.14 per share.

ON BEHALF OF THE BOARD OF DIRECTORS

James R. Brown, Chairman, President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.

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