WMM

West Melville Metals Inc. (TSX VENTURE:WMM) ("West Melville") today announced
the completion of its initial public offering (the "Offering") of 8,000,000
common shares at a price of $0.50 per Common Share, and 2,822,727 flow-through
common shares priced at $0.55 per Flow-Through Share for total gross proceeds of
$5,552,500. The Company commenced trading on the TSX Venture Exchange at market
open on July 23, 2012, under the ticker symbol "WMM". 


"We are pleased to announce the closing of our IPO and commencement of trading
for the company," stated John Robins, Chairman of West Melville. "This milestone
represents the culmination of the dedicated efforts of our management team and
support staff. On behalf of the Company I would like to thank our shareholders,
directors and officers, as well as the Aurora Resource Group, who all played a
key role in bringing this exciting venture to investors. We look forward to
rapidly advancing our projects and creating value for shareholders."


The net proceeds from the sale of the Common Shares will be used to advance the
Company's exploration programs as well as for general corporate purposes. The
gross proceeds from the sale of the Flow-Through Shares will be used for
Canadian Exploration Expenses (CEE) related to the Issuer's Fraser Bay
exploration project in Nunavut. West Melville has agreed to renounce such CEE
with an effective date of no later than December 31, 2012. Full disclosure on
the Offering and use of proceeds can be found in the prospectus posted on SEDAR
(www.sedar.com).


About the Offering

The Offering was sold by Haywood Securities Inc., the lead underwriter, and
Byron Capital Markets Ltd. (together the "Agents"). The Company paid the Agents
a commission equal to 6% of the gross proceeds of the Offering (the "Agents'
Commission"), 50% in cash and 50% in Common Shares of the Company at a price of
$0.50 per Common Share (the "Commission Shares") and granted the Agents 649,363
non-transferable Agents' Warrants exercisable at a price of $0.50 per Commission
Share for a period of two years from the Closing Date.


The Company has paid the Agents a corporate finance fee as well as the Agents'
expenses in connection with the Offering, including legal expenses and the
Agents' reasonable out-of-pocket expenses.


About West Melville Metals Inc.

West Melville is an iron ore and specialty metals exploration company working to
advance the Fraser Bay iron ore project in Nunavut and the Isortoq
iron-titanium-vanadium project in Greenland. The Company has assembled an
experienced management team with a track record of discovery success together
with a Board of Directors with expertise covering the essential fields of
geology, engineering, and finance. West Melville's projects offer a combination
of low geological risk with significant upside potential in high demand
commodity sectors.


On behalf of the Board of Directors

Rory O. Moore, Ph.D.

President and CEO, West Melville Metals Inc.

For further information about West Melville Metals Inc. or this news release,
please visit our website at www.westmelville.com.


West Melville Metals Inc. is a member of the Aurora Resource Group of companies.
For more information please visit www.auroraresource.com.


Certain disclosures in this release, including management's assessment of plans
and projects and intentions with respect to use of proceeds and future
exploration programs, constitute forward-looking statements that are subject to
numerous risks, uncertainties and other factors relating to West Melville's
operations as a mineral exploration company that may cause future results to
differ materially from those expressed or implied in such forward-looking
statements, including risks as to the completion of the plans and projects.
Readers are cautioned not to place undue reliance on forward-looking statements.
Other than as required by applicable securities legislation, West Melville
expressly disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future
events, or otherwise.