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Full Metal Minerals is a generative exploration company focused in Alaska: a large, politically stable, underexplored frontier region with the potential to host world class ore bodies. The company has made two significant discoveries in Alaska.

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Message: NR: Harmony and Full Metal Announce the Termination of the Lucky Shot Agreement

Harmony and Full Metal Announce the Termination of the Lucky Shot Agreement

VANCOUVER, BRITISH COLUMBIA, Nov 18, 2010 (Marketwire via COMTEX News Network) --

Harmony Gold Corp. ("Harmony") (TSX VENTURE:H) and Full Metal Minerals Ltd. (the "Full Metal") (TSX VENTURE:FMM) have agreed to terminate the Option Agreement made as of November 11, 2009, as amended on March 2, 2010 and August 16, 2010 (collectively the "Option Agreement") relating to the Lucky Shot Property located in Alaska, USA.

Harmony had been granted the option to acquire up to an 80% interest in and to Full Metal's rights, obligations and benefits under a Mining Lease entered into among Full Metal and Alaska Hardrock Inc. ("AHI") under which Full Metal has been granted the exclusive rights to explore for, develop and mine the Lucky Shot Property.

Under the terms of the Option Agreement, Harmony was required to pay option payments and issue shares to Full Metal (of which 2,000,000 shares were issued upon TSX Venture Exchange acceptance to the Option Agreement) and conduct exploration activities on the Lucky Shot property.

To date, Harmony has complied with all of its obligations under the Option Agreement; however, geological complexities as a result of indeterminate geological results and impediments in securing a Facilities lease have resulted in Harmony wishing to focus its efforts on other projects.

Full Metal will return the 2,000,000 Harmony shares issued to Harmony and will grant to Harmony fifty percent (50%) of all net proceeds (the "Net Proceeds") derived from the sale of the Lucky Shot mill and equipment (the "Mill"). Full Metal will make a non refundable advance of $250,000 on the Net Proceeds on or before November 30, 2010. Full Metal is under no obligation to sell the Mill; however, in the event it wishes to keep the Mill, it shall pay an additional amount of $250,000 to Harmony on or before June 15, 2012.

Mr. Craig Engelsman, President of Harmony, stated: "It is unfortunate that despite spending funds on development drilling, mine plan evaluation, environmental studies and the like, the Lucky Shot Property did not meet our original goals. We can now focus our activities on the Cariboo gold mine project in Nova Scotia and other opportunities that we are evaluating."

"Full Metal wishes Harmony the best in their future pursuits and is currently evaluating its alternatives with respect to the Lucky Shot Project," stated Michael Williams, President Full Metal Minerals.

Full Metal is a generative exploration company with multiple precious and base metal projects in Alaska and the Yukon. Full Metal and Antofagasta Minerals recently announced a new copper porphyry discovery at the Pyramid Project (see FMM #21NR). The 2010 drill program covered a 900 meter (east-west) by 750 meters (north-south) area. Copper mineralization has been traced on surface, coupled with current and historic drilling over an approximate 2,000 meter by 1,000 meter area, and is open in all directions and to depth.

On behalf of the Board of Directors of HARMONY GOLD CORP.

Craig Michael Engelsman, President

On Behalf of the Board of Directors of FULL METAL MINERALS LTD.

Michael Williams, President and Director

SOURCE: Full Metal Minerals Ltd.

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