Golden Share Mining Corporation, Montréal, Québec, TSX.V : GSH is a dynamic Canadian-based mineral exploration company.

DEVELOPING GOLD MINES IN CANADA

The corporation is focused on acquiring, exploring and developing quality Canadian gold properties in an efficient and environmentally responsible manner.

FORSAN, QUEBEC

50 claims for 800 hectares (8 km²), 45 km east of Val d’Or, accessible by road, option to acquire 100% over 3 years

Status Jan 2009 :

Trenching completed : newly recognized FSZ sector on an initial 300 m strike length with the following intercepts :

• 3.95 g/t Au over 0.90 m
• 5.10 g/t Au over 0.50 m
• 2,120 m of diamond drilling completed.
• Scoping study underway.

MALARTIC LAKESHORE, QUEBEC

22 claims for 962 hectares (9.6 km²), 20 km west of Val d’Or, accessible by road, option to acquire 100% over 3 years.

5 km east of Agnico Eagle’s Lapa 1,4 Moz Au deposit, 6 km north of Osisko’s Canadian Malartic project.

Status Jan 2009 :

• Trenching completed highlighting 25 individual quartz veins in 320m x 50m newly defined RLM
• mineralized zone with intercepts of up to 90.88 g/t Au over 1.32 m.
• 3,350 m of diamond drilling completed on RLM
• mineralized zone with intercepts of up to 123.50 g/t Au over 0.50 m included in 39.84 g/t Au over 1.60 m from 24.30 to 25.90 m.
• Additional drill results pending.

ELWOOD, ONTARIO

21 claims for 2,208 hectares (22 km²), 70 km west of Thunder Bay, accessible by road, option to acquire 100% over 4 years. Surface grades of + 500 g/t Au on U and AF surface showings, limited previous drilling, potential for bulk tonnage target, high grade zones.

Status Jan 2009 :

• Channel sampling completed on Penziwol sector :
• AF Zone
• 1.00 g/t Au over 14.00 m
• including 7.59 g/t Au over 1.00 m U Zone
• 1.98 g/t Au over 7.80 m
• Including 10.20 g/t Au over 1.00 m
• 0,92 g/t Au over 12.00 m
• including 3.24 g/t Au over 2.00 m 485 m of diamond drilling completed on U Zone.
• Visible gold observed in drill hole EL-08-01, drill results pending.

PISTOL LAKE, ONTARIO

29 claims for 2,960 hectares (29.6km²), 70 km west of Thunder Bay, accessible by road, option to acquire 100% over 4 years.

Four principal gold bearing zones :

J.F. West Zone : 23 historic drill holes with intercepts from 12.91 g/t Au over 1.50 m to 2.14 g/t Au over 16.70 m

Contact Zone : Gold on the northern contact of the Shebandowan Stock

Calchris Zone : Historic assays of up to 96.00 g/t Au over 0.50 m

Martin Bay Zone : Gold and silver values up to 107.45 g/t Au and 826.00 g/t Ag respectively

Status Jan 2009 :

• Trenching program on Calchris zone completed.
• 420 m of diamond drilling completed on Contact and
• JF West Zone, results pending.

BELLETERRE, QUEBEC

163 claims for 2,610 hectares (26.1 km²), 3 km west of Belleterre, accessible by road, 100% ownership and JV to earn 70%. 5 km east of past producing Belleterre mine.

Status Jan 2009 : Inactive.

LAC FORTUNE WEST, QUEBEC

17 claims for 391 hectares (3.9 km²), 25 km west of Rouyn Noranda, accessible by road, 100% ownership. 1.9 km south-west of Richmond’s Francoeur deposit and 15 km east of past producing Kerr Adison mine.

Status Jan 2009 : Inactive.