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Nickel/Copper/Chromium/PGMs : Gold : Uranium

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Ring of Fire Resources Inc. Announces Creation of Advisory Board

Toronto, Ontario – May 2, 2011: Ring of Fire Resources Inc.

(the "Company" or “ROF”) (TSX-V:ROF,

FRANKFURT: RG5, OTC.PK:HWKPF) announces that it has created an Advisory Board with the initial


Mackenzie ‘Mac’ Watson and Rejean ‘Reggie’ Gosselin

in order to assist management in

advancing the Company and its projects.

Mackenzie (“Mac”) Watson


Mac Watson has over 50 years experience in the exploration, development, and mining industry in Canada,

and has been involved in the discovery of numerous mineral deposits in Canada. He is currently Honorary

Chairman of the Board of Quest Rare Minerals, which he created by a spinoff of uranium properties from

Freewest Resources Canada Inc. in 2007. In 2010, he was a co-recipient of the Bill Dennis Award for a

Canadian discovery for prospecting success by the Prospectors and Developers Association at its annual

convention held in Toronto, Ontario, for his contribution, with others, to the mineral discoveries in the Ring of

Fire area of Northern Ontario. Prior to that Mr. Watson had been President of Freewest Resources Canada

Inc. from 1994 until it was recently sold to Cliff Natural Resources.

Mac was awarded Canada’s Prospector of the Year Award in 1991 for his participation in the discovery of the

Harker Holloway gold mine (Ontario). Other discoveries he was associated with are, the Icon–Sullivan copper

mine (Quebec), the Long Lake zinc mine (Ontario), the Ellison gold deposit (Quebec) and the Hebecourt

copper deposit (Quebec). He was also awarded the Quebec Prospector of the Year for his participation in the

discovery of the Pusticamica and Verneuil gold deposits in Quebec.

Rejean Gosselin:

Rejean Gosselin graduated from Laval University in 1979 with ad M.Sc. in Geology. He has worked as a

consulting geologist on uranium, gold and base metals mining exploration projects in Canada, United States,

and South America from 1979 to 1985. For the past 25 years, Rejean acted as founder and promoter of

numerous junior mining companies exploring for different commodities in Canada, West Africa, and Mexico.

Rejean is responsible for gold, nickel-copper-PGE and zinc-copper discoveries in Canada and Mexico (Souart

gold deposit, Abitibi, Delta Ni-Cu-PGE deposit, Ungava and Bolivar Zn-Cu mine in Mexico). Recent

involvements include Dia Bras Exploration as President and CEO from 2003 to 2008 and most recently as

Chairman of the Board of Maya Gold and Silver.

Vance White, President and CEO, commented on the appointments by saying that

“we are delighted to have

men with their experience and success join our team as we move the company forward to build shareholder


About Ring of Fire Resources Inc.:

Ring of Fire Resources Inc. is a Canadian based junior exploration company with a portfolio of diversified

exploration projects at various stages of exploration and drilling for Nickel/Copper/Chromium/PGM in the ‘Ring

of Fire’ McFauld’s Lake Area of Northern Ontario, Gold in Northern Ontario, and Uranium in Northern

Saskatchewan and Quebec.

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