Mistango River Resources Company Update

(via Thenewswire.ca)

September 12, 2011, Kirkland lake, Ontario, Mistango River Resources Inc. (CNSX:MIS) is pleased to provide this update to shareholders and interested parties

Kirkland lake Gold Inc. and Queenston Mining Inc. have announced some spectacular gold intersections on their JV property to the south of the Kirkland Lake Gold mine Macassa shaft area.

One of the claims mentioned with high grade results is the claim called HM which Mistango sold to the Joint Venture between Kirkland Lake Gold and Queenston Resources in 2009. Mistango retains a 2% net smelter return royalty on this claim. In future, this claim may produce significant revenue to Mistango. For more details please see Queenston/Kirkland Lake Gold news release dated September 7, 2011.

Mistango River Resources is a Canadian-based junior mining and exploration company focused on existing projects in Ontario and Quebec. Mistango River Resources is listed for trading on the Canadian National Stock Exchange (the "CNSX") under the trading symbol "MIS".

The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.

Forward-Looking Information

This news release contains certain "forward-looking information". All statements, other than statements of historical fact, that address activities, events or developments that Mistango River Resources believes, expects or anticipates will or may occur in the future including, without limitation. These forward-looking statements reflect the current expectations or beliefs of Mistango River Resources based on information currently available to Mistango River Resources. Forward-looking statements are subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Mistango River Resources to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Mistango River Resources . Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mistango River Resources disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Mistango River Resources believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

For further information please contact:

Donald Kasner Investor Relations Glenn C. Kasner Operations Manager

Telephone: 1 705 570-1019 Telephone 1 705 567-5351

E-mail: drkasner@yahoo.com E-mail : gkasner2001@yahoo.com

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