FUM - First Uranium Corporation - Ezulwini Mining operations resume

FUM - First Uranium Corporation - Ezulwini Mining operations resume             
First Uranium Corporation                                                       
(Continued under the laws of British Columbia, Canada)                          
(Registration number C0777384)                                                  
(South African registration number 2007/009016/10)                              
Share code:  FUM   ISIN: CA33744R1029                                           
NEWS RELEASE - March 18, 2011                                                   
EZULWINI MINING OPERATIONS RESUME                                               
Friday 18 March 2011: First Uranium Corporation (TSX:FIU, JSE:FUM)              
(ISIN:CA33744R1029) ("First Uranium" or the "Company") has announced that the   
notice temporarily suspending operations in the underground workplaces at its   
Ezulwini Mine has been lifted.   The notice was issued pursuant to section 54 of
the Mine Health and Safety Act (South Africa) by the Department of Mineral      
Resources (DMR) on March 12, 2011 following a fall of ground, which regrettably 
claimed the life of one employee.                                               
Accordingly all mining operations, with the exception of the Bord and Pillar    
section where the fatality occurred, resumed during the night shift on Thursday,
March 17, 2011. Mining within the Bord and Pillar section will resume early next
week after the retraining of that section`s mining teams, in modified support   
standards, has been conducted.                                                  
ends                                                                            
Cautionary Language Regarding Forward-Looking Information                       
This news release contains and refers to forward-looking information based on   
current expectations. All other statements other than statements of historical  
fact included in this release are forward-looking statements (or forward-looking
information). The Company`s plans involve various estimates and assumptions and 
its business and operations are subject to various risks and uncertainties. For 
more details on these estimates, assumptions, risks and uncertainties, see the  
Company`s most recent Annual Information Form and most recent Management        
Discussion and Analysis on file with the Canadian provincial securities         
regulatory authorities on SEDAR at www.sedar.com. These forward-looking         
statements are made as of the date hereof and there can be no assurance that    
such statements will prove to be accurate, such statements are subject to       
significant risks and uncertainties, and actual results and future events could 
differ materially from those anticipated in such statements. Accordingly,       
readers should not place undue reliance on forward-looking statements that are  
included herein, except in accordance with applicable securities laws.          
www.firsturanium.com                                                            
Sponsor: Investec Bank Limited                                                  
Date: 18/03/2011 08:52:00 Supplied by www.sharenet.co.za                     
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