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Cedar Mountain Exploration Inc. ("Cedar") (TSX VENTURE:CED) is pleased to
announce that the results of its 2010 work program on the Kelly Creek Project,
located on the Seward Peninsula, Alaska, has identified extensive gold in soil
anomalies within a 17 km by 5 km corridor. The individual anomalies and the
prospective stratigraphic and structural corridor largely remain open and
untested.


"We are very excited with results of Cedar's 2010 program at Kelly Creek,"
stated Charles Chebry, President and CEO of Cedar. "Our initial geochemistry
program has delineated an impressive footprint of a significant gold district,
with numerous drill ready targets. We are just beginning to understand the scale
of the mineralization and indications are that the potential to expand the
district are excellent," added Mr. Chebry.


Soil sampling during the 2010 field season focused on four key areas the Kelly
Creek, Fox, Wolf and Wolverine prospects. Sampling grids or lines were
established over each of these areas and B horizon soils were collected by hand
shovel. This region of the Seward Peninsula was not glaciated during the last
ice age and it has been demonstrated that soil horizons containing elevated Au,
As, Sb, and Hg assays are developed directly over mineralized host rocks, and as
such soil sampling is highly effective technique to identify and delineate
priority drill targets along the mineralized trends. Significant soil anomalies
(greater than 20ppb) have now been established over permissive stratigraphic and
structural contacts within a 17 km long by 5 km wide corridor.


Reconnaissance stream sediment sampling by Anaconda Minerals Company led to the
discovery of the Kelly Creek prospect in 1982. Soil sampling completed in 1983,
2007, and 2010 included grid surveys with 50 m spaced sample intervals along 100
m spaced lines that in total cover over a 2.5 km(2) area. Low level gold values
are widespread in the area but a strong and coherent gold-in-soil anomaly, up to
300 m wide, is now well defined for over 2 km across the headwater slopes of
Kelly Creek. The gold values in this anomaly range from about 20 ppb to over
1000 ppb and are commonly 50 to several hundred ppb. The anomaly remains open
along strike.


In 1984, Anaconda Minerals Company drilled four small diameter core holes in one
part of the Kelly Creek prospect (see accompanying cross section). KC-4 targeted
a schistose marble/graphitic schist contact that was only weakly and locally
mineralized. KC-2 was inclined to the southwest and drilled under the main
mineralized zone. Both KC-1 and KC-3 were inclined to the northwest and
intersected gold-bearing rocks. KC-1 intersected 1.07 g/t over 23.5 m and KC-3
intersected 0.83 g/t over 32 m. The core data show that gold is disseminated in
graphitic schist and more irregularly distributed in quartz vein stock-works,
quartz-cemented breccias, and silicified zones. Arsenic, antimony and mercury
are also anomalous in the prospect area.


Structures that help control mineralization at Kelly Creek appear to be reverse
faults subsidiary to a regional high angle fault system. This structural
control, the carbonaceous and partly calcareous host rock composition, the
disseminated character of the gold mineralization, the associated sulfide and
alteration minerals, and the anomalous geochemical suite are similar in several
respects to deposits in the Carlin trend of Nevada.


The Fox prospect was discovered by reconnaissance soil surveys. The presence of
a reverse fault and schist-marble contact subsidiary to a regional high angle
fault system and a few low level gold anomalies in nearby stream sediments
targeted the area for reconnaissance soil sampling in 2007. The contact that was
sampled in 2007 is sub-parallel to the reverse fault that is a control on Kelly
Creek prospect gold mineralization some 2 to 3 km to the south-southeast.
Samples collected in three widely spaced traverses across the schist-marble
contact in 2007 were weakly anomalous in gold and in some cases arsenic,
antimony, and mercury.


In 2010, 14 soil lines were completed at the Fox prospect across the
schist-marble contact along about 5 km of its strike. The spacing between these
lines varied from a few to several hundred meters and the sample spacing along
them was 100 m Low level gold values in these soils define large and coherent
anomalies and the anomalies are sub-parallel to the schist-marble contact. As
presently known, the stronger parts of the anomaly (where samples contain more
than 100 ppb gold) are close to the schist-marble contact in the southern part
of the prospect area.


The Fox prospect area will require much more detailed sampling and geologic
mapping to define the extent, continuity, and location of stronger gold
mineralization. However, the gold-bearing areas are large as strike lengths
greater than 2 km are indicted by the 2010 data.


A soil survey completed in 2007 discovered the Wolverine prospect. It is located
in the northern Kelly Creek trend about 6.5 km southeast of the Kelly Creek
prospect. This area was targeted for a soil grid survey because of the presence
of anomalous stream sediments in an adjacent drainage, a gold-bearing
reconnaissance soil sample on a slope in the drainage headwaters, and the
projected trace of a high angle fault through an area where calcareous and
graphitic metasedimentary rocks are in contact.


Soil sampling completed at the Wolverine prospect in 2007 and 2010 included a
grid survey with 50 m spaced sample intervals along 100 m spaced lines that in
total covered about a 2 km(2) area. The soil surveys defined a strong and
coherent gold-in-soil anomaly, up to 300 m wide, that has a strike length of 1
km. The gold values in this anomaly range from about 20 ppb to over 1000 ppb and
are commonly 50 to few hundred ppb.


The Wolf prospect was discovered by soil sampling along the marble-schist
contact that localizes part of the Kelly Creek prospect 1 km to the north. The
initial sampling in 2007 was followed up in 2010 by extension of the Kelly Creek
soil grid south between the Kelly Creek fault and Erin Creek. The soil sample
lines were 100 m apart and the sample interval along them was 50 m.


The 2007 and 2010 soil data define two areas of anomalous gold concentrations in
the Wolf prospect area. One with gold-in-soil values up to 97 ppb is about 50 m
wide and extends in a northwest direction for over 400 m. This anomaly appears
to be structurally controlled by a high angle fault that trends northwest and
offsets the marble-schist contact controlled by the Kelly Creek fault.


The second area of anomalous gold values is about 300 m to the south and
localized along the schist-marble contact controlled by the Kelly Creek fault.
The highest gold value in the soils here is 27 ppb but only the edge of the
anomaly appears to have been sampled. As presently known, it extends for 600 m
along the schist-marble contact. If mineralization here is similar to that at
Kelly Creek, it is expected to be hosted by schist in the footwall of the Kelly
Creek fault. In this case the gold-bearing zone is likely to extend to the west
under hanging wall marble. More detailed sampling along the Kelly Creek fault
contact is needed to completely define this anomaly.


Cedar Mountain Exploration Inc is currently planning its 2011 exploration
program at the Kelly Creek Project. The 2011 program will comprise extensive
drill testing of the identified anomalies, extension of and continued
establishment of soil grids over the prospective stratigraphy and structure and
reconnaissance sampling over the newly acquired 52,600 acre extension of the
permissive rock package (see CED press release dated October 6th).


To view the Kelly Creek Property maps, please click on the following link:
http://cedarmountainexp.com/projects/alaska/kelly_creek_project/index.php?content_id=59


The Property

The Kelly Creek Property is located on the Seward Peninsula some 60 to 90 miles
north of Alaska's prolific Nome mining district. Kelly Creek is a
drill-permitted early-stage gold exploration property comprising 89,600 acres
(36,260 hectares). Historic results indicate the presence of
(meta)sediment-hosted gold deposits.


The Company's disclosure of a technical or scientific nature in this press
release has been reviewed and approved by Peter Kleespies, P.Geol. who serves as
a Qualified Person under the definition of National Instrument 43-101. The Kelly
Creek project represents an early stage property and does not contain any
mineral resources as defined by National Instrument 43-101.


CEDAR MOUNTAIN EXPLORATION INC. (TSX VENTURE:CED) is a junior mineral
exploration focused on gold resources in North America. Cedar is a member of the
Discovery Group of Companies: www.discoveryexp.com.


This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical
facts, that address exploration drilling, exploitation activities and events or
developments that the company expects are forward looking statements. Although
the company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking
statements include market prices, exploitation and exploration successes,
continuity of mineralization, uncertainties related to the ability to obtain
necessary permits, licenses and title and delays due to third party opposition,
changes in government policies regarding mining and natural resource exploration
and exploitation, and continued availability of capital and financing, and
general economic, market or business conditions. Investors are cautioned that
any such statements are not guarantees of future performance and actual results
or developments may differ materially from those projected in the
forward-looking statements. For more information on the Company, investors
should review the Company's continuous disclosure filings that are available at
www.sedar.com.


Cedar Mountain Exploration Inc. (TSXV:CED)
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