Major shareholder of
Nemaska Exploration Inc.: Nemaska Reports 100.9 m of Spodumene Beargn Pegmatie on Whabouchi

November 05, 2009
QUEBEC CITY, QUEBEC--(Nov. 5, 2009) - Nemaska Exploration Inc. (Nemaska or the Corporation) confirms that a first important exploration program on the Whabouchi property was just completed. This program objectives was to get additional information on the distribution and attitude of the known spodumene bearing white pegmatite bands, sampling them systematically by channel sampling on surface and diamond drilling at depth and to validate the historical results of drillings done by Canico (1962-63) and channel sampling done by INCO (2002). The Company is proud to announce that these objectives were achieved and exceeded.

Let's recall that Nemaska has acquired 16 claims forming the central part of this property last September 18, and that following a control campaign, a first 43-101 report was filed on October 2, 2009. In accordance with the recommendations of this report, a first work program was carried out. On the surface, the white spodumene bearing pegmatite bands were confirmed over more than 1400 meters long. They are contained in an envelope of approximately 200 meters wide and bordered by amphibolites and metasediments. The topographic relief is in particular modelled by the presence of pegmatites. Those are directed N060 degrees and of strong dip (70-80 degrees) towards south-east.

In an initial control program in September 2009, Nemaska had taken a series of nine (9) selected samples (grab sample) of spodumene bearing pegmatite by blasting, on as many sites distributed over more than 750 m in the known extension of the pegmatite outcrops. The results of these samples are the following:

/T/

--------------------------------------------------------------------------
Samples Number                         Li%     Li2O (%)     Be%     BeO (%)
--------------------------------------------------------------------------
0946501                              0.68         1.46    0.025      0.069
--------------------------------------------------------------------------
0946502                              1.17         2.52    0.021      0.058
--------------------------------------------------------------------------
0946504                              0.68         1.46    0.018       0.05
--------------------------------------------------------------------------
0946505                              1.22         2.63    0.015      0.042
--------------------------------------------------------------------------
0946506                              0.94         2.02    0.020      0.056
--------------------------------------------------------------------------
0946508                              0.55         1.18    0.017      0.047
--------------------------------------------------------------------------
0946511                              2.93         6.31    0.001      0.002
--------------------------------------------------------------------------
0946512                              2.15         4.63    0.180      0.499
--------------------------------------------------------------------------
0946513                              1.72         3.70    0.028      0.078
--------------------------------------------------------------------------

/T/

During the most recent work program, sixteen (16) trenches exposed more than 710 meters of pegmatite and country rocks. These trenches, with a 50 to 100 meters spacing, covered 1000 meters laterally. The trenches were used to collect 296 channel samples in the pegmatite bands and their immediate wall-rocks. These systematic sampling of the pegmatite bands can be considered surface equivalent of a drill hole. At least one of these channels duplicates a channel done by INCO in 2002.

During this work program, six (6) diamond drill holes, totalling 915 meters, were done in order to validate diamond drill results from Canico in 1962-63 and to check the continuity and in-depth extensions (up to 150m) of certain pegmatite bands, especially in the western part of the property. Drilling of WHA-03-09 was carried out 30m North-West of hole 24042 (Canico, 1963) on the same azimuth. Hole 24042 had intersected 1.44% Li2O over 83.2m. Hole WHA-03-09 intersected 100.9m of spodumene pegmatite (assay results to come). All of the 2009 holes, except for hole 01, abandoned for technical reasons, intersected pegmatite bands ranging from 0,7 to 100.9m. The following table gives the intersections in hole greater than 5 m as well as the location coordinates of the holes.

/T/

--------------------------------------------------------------------------
                                                                 pegmatite 
                                                                     inter-
             East   North   Azi-                                  sections 
Hole          UTM     UTM   muth Dip Elevation Length  from    to over 5 m 
--------------------------------------------------------------------------
--------------------------------------------------------------------------
WHA-01-09  441695 5726322    330 -50       317   33,1   abandoned
--------------------------------------------------------------------------
WHA-01A-09 441695 5726327    330 -50       317     90 48,36 55,33     6,97
--------------------------------------------------------------------------
WHA-02-09  441657 5726323    330 -51       314   65,9
--------------------------------------------------------------------------
WHA-03-09  440963 5725788    330 -52       304    129 17,32 118,3   100,93
--------------------------------------------------------------------------
WHA-04-09  440884 5725716    330 -52       302    138 14,24 45,16    30,92
--------------------------------------------------------------------------
                                                      63,81 76,06    12,25
--------------------------------------------------------------------------
                                                      112,2 117,8     5,54
--------------------------------------------------------------------------
WHA-05-09  440920 5725650    330 -51       298    177 40,92 53,05    12,13
--------------------------------------------------------------------------
                                                      103,8 169,1    65,34
--------------------------------------------------------------------------
WHA-06-09  441063 5725885    330 -50       304    114 33,77 47,52    13,75
--------------------------------------------------------------------------
                                                       60,6  81,4    20,81
--------------------------------------------------------------------------
WHA-07-09  441093 5725831    330 -50       301    168 105,9 126,1    20,11
--------------------------------------------------------------------------
                                                      130,7 156,1    25,41
--------------------------------------------------------------------------

/T/

Hole WHA-03-09 (section 450 E) is located between holes WHA-04-09 and WHA-05-09 (section 350 E) and holes WHA-06-09 and WHA-07-09 (section 600 E). These holes confirm the continuity of the spodumene bearing pegmatite bands over a width of 250m and to a depth of 130 to 150m.

All the samples obtained during the October 2009 campaign (total: 786) have been taken for preparation and analysis. The analytical results are pending.

The samples have been shipped for preparation (crushing and pulverization) to the lab of Table Jamesienne de Concertation Miniere (TJCM) in Chibougamau. The prepared samples will then be sent by courier to the Lakefield laboratory of SGS Mineral Services in Lakefield, Ontario, for lithium and beryllium analysis. This laboratory is recognized by industry and accredited ISO/MEC 17025: 2005 by the Canadian Council of standards. Nemaska Exploration implements a rigorous quality control protocol to its operations, including the insertion of analytical control samples, duplicates and blanks and the follow-up on the results of these assays.

The work has been carried out under the supervision of Denis Raymond, Eng. geologist, member of the OIQ and qualified person as defined in National instrument 43-101. He has prepared and revised the technical section of this press release.

About Nemaska Exploration

Nemaska Exploration Inc., a reporting issuer in Quebec since November 2008, is a mineral exploration company involved in the James Bay region in Quebec. Its main assets are the Lac Arques (about 30,000 hectares) and the Whabouchi properties (about 860 hectares) which are both 100 % owned. In addition the Company has the option to acquire 100 % interest in the Lac des Montagnes and Lac Levac properties belonging to Golden Goose Resources Inc. (about 32,000 hectares). These properties are contiguous and cover about 70 km of the Lac des Montagnes green belt polymetallic formation and are easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (375 km). They are located near the Cree community of Nemaska and the Nemiscau airport.

FOR FURTHER INFORMATION PLEASE CONTACT:
Nemaska Exploration Inc. Guy Bourassa President 418-580-2320 bourassag@nemaskaexploration.com