FUM - First Uranium provides updates on operations and financial results

FUM - First Uranium provides updates on operations and financial results        
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 - June 6, 2011                                                     
FIRST URANIUM PROVIDES UPDATES ON OPERATIONS AND FINANCIAL RESULTS              
Toronto and Johannesburg: First Uranium Corporation (TSX:FIU, JSE:FUM)          
(ISIN:CA33744R1029) ("First Uranium" or "the Company") announced today that     
it has made available on its website at www.firsturanium.com a presentation     
regarding updates on the operations and financial results at the Ezulwini       
Mine and the Mine Waste Solutions tailings recovery project. The presentation   
entitled "First Uranium Investor Presentation - June 6, 2011" may be accessed   
by selecting the Investor Centre page on the First Uranium website and          
clicking on Presentations.                                                      
About First Uranium Corporation                                                 
First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of          
becoming a low-cost producer of uranium and gold through the expansion of the   
underground development to feed the new uranium and gold plants at the          
Ezulwini Mine and through the expansion of the plant capacity of the MWS        
tailings recovery facility, both operations situated in South Africa.  First    
Uranium also plans to grow production by pursuing value-enhancing acquisition   
and joint venture opportunities in South Africa and elsewhere.                  
Sponsor: Investec Bank Limited                                                  
Date: 06/06/2011 17:24:00 Supplied by www.sharenet.co.za                     
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