CHU Channel Resources Ltd.

Channel Resources Ltd. ("Channel" or the "Company") (TSX VENTURE:CHU) is pleased
to announce that it will shortly commence a 2,000 metre core-drilling program
focused on the Mankarga 1 target area at the Tanlouka Gold Project ("Tanlouka").



In 2010, reverse circulation ("RC") drilling on the Mankarga 1 target resulted
in some of the highest grade intersections reported thus far at Tanlouka,
including:




--  12 metres grading 21.25 g/t Au in Tan10-RC12, as reported on January 20,
    2011, and  
--  38 metres grading 3.09 g/t Au in Tan10-RC10, as reported on September 8,
    2010. 



Since the Mankarga 1 RC drilling took place, the Company conducted a structural
analysis of the entire Tanlouka permit, which has increased its understanding of
the structural framework of the area. On the local scale the current drill
program will commence with several oriented core holes that will twin
mineralized RC holes which will assist in establishing the orientation of the
mineralized structures that will then be drill-tested along strike and/or down
dip.


The drill program will also test the potential link between the Mankarga 5
deposit, where more than 20,000 metres of drilling has taken place ahead of a
maiden resource estimate expected this spring, and the Mankarga 1 target located
approximately 600 metres to the west. Previous drilling at the south western end
of the Mankarga 5 deposit has given some indication of a change in strike
orientation and/or potential offshoots from the main structure, following a
trend established by regional gold-in-soil anomalies. 


About Channel Resources Ltd. 

Channel Resources Ltd. is a Canadian TSX.V listed mineral exploration Company
which has a 90% interest in the Tanlouka Gold Project in Burkina Faso, West
Africa and an option to earn 100% in the Fox Creek Lithium / Potash Brine
Project in Alberta. At Tanlouka, Channel has recently discovered multiple
mineralized zones that are followed up with more than 25,000 metre of drilling,
with a maiden resource estimate for the Mankarga 5 deposit expected in the
spring of 2012. At Fox Creek, a bulk sample of brine sourced from producing
natural gas wells is undergoing process testing to determine the most efficient
method of producing various industrial minerals from the brine, including
lithium carbonate, potash, bromine and borates. The Company is financed to
advance both projects through their current programs.


Drilling programs at the Tanlouka Gold Project are supervised by John Adams,
P.Geo., a qualified person as defined by NI 43-101, who has reviewed the
contents of this news release. 


Some of the statements contained herein are forward-looking statements which
involve known and unknown risks and uncertainties. Without limitation,
statements regarding potential mineralization and resources, exploration
results, and future plans and objectives of the Company are forward-looking
statements that involve various degrees of risk. The following are important
factors that could cause the Company's actual results to differ materially from
those expressed or implied by such forward-looking statements: changes in the
price of minerals, general market conditions, risks inherent in mineral
exploration, risks associated with development, construction and mining
operations, the uncertainty of future profitability and the uncertainty of
access to additional capital. The Company undertakes no obligation to update
publicly or otherwise revise any forward-looking statements or the foregoing
list of factors, whether as a result of new information or future events or
otherwise. Further disclosure on risk factors is available in the Company's
various corporate filings at www.sedar.com.

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