Attawapiskat First Nation Launches New Business to Provide Camp Services At the De Beers Canada Victor Mine

News Release

Timmins, Ontario, January 4, 2011 – Attawapiskat Catering Limited Partnership, a new local enterprise, announced today that it has secured the contract for catering and operating services at the De Beers Canada Victor Mine site in Northern Ontario. The venture will take over the services currently provided by ESS Support Services.

“This is an exciting, positive development for our community”, said Chief Theresa Spence, Chief of Attawapiskat First Nation. “Not only will the service company now be 100% First Nation-owned and operated, but we have partnered with the forward-looking Outland Camps organization to bring in expertise and future training opportunities for employees.”Victor Mine General Manager Rory Greyvensteyn extended congratulations to Attawapiskat Resources Inc. and the community of Attawapiskat for continuing to build upon the opportunities created by the mine. “The De Beers Canada Victor Mine is committed to responsible, sustainable development in the communities in which we operate. Attawapiskat Catering is an example of the community, the mine and business working together to help our local partners reach their goals”.

Attawapiskat Catering will assume the contract formally on February 2, 2011, and be fully operational at that time.

Chairperson of Attawapiskat Resources Inc., Steve Hookimaw concluded, “This model of full management and control is precisely the direction we are pursuing in ARI business ventures. We consider today’s announcement a stepping stone for more commercial enterprises we are planning in the future.”

– 30 –

For more information, please contact:

Bob Dickson
Chief Executive Officer
Attawapiskat Resources Inc.
Office Telephone: (905) 847-7438
Cell Phone: (647) 236-7438
E-mail: rankin.lake[at]hotmail.com.

Backgrounder

Attawapiskat Resources Inc. (ARI) was created by the Attawapiskat First Nation to take advantage of the business opportunities negotiated in the Attawapiskat-De Beers Canada Impact Benefit Agreement for the Victor Mine in Northern Ontario. ARI represents the public business and economic capacity interests of the Attawapiskat First Nation and its members through the establishment, governance and operation of competitive businesses, capable of securing and implementing business opportunities related to the Victor Mine and other ventures.

Attawapiskat Catering Limited Partnership is a new business, established by ARI and the Attawapiskat First Nation, making it 100% First Nation-owned. The company has been awarded the catering and operational services contract for the Victor Diamond Mine near Timmins, Ontario. The contract takes effect February 2, 2011.

To fulfil requirements of the contract, Attawapiskat Catering has contracted with Outland Camps, an employee-owned Canadian enterprise with over 25 years’ experience supplying and operating full service work camps in forestry, forest fire-fighting, the oil and gas industry, and mining and exploration. In addition to its demonstrated capacity to service northern and remote locations, Outland has excelled in working with and providing hands-on training to First Nations community members in a number of settings.

The De Beers Canada Victor Mine is a remote fly-in/fly-out open pit mine located in the James Bay Lowlands of Northern Ontario, approximately 90 km west of the coastal community of Attawapiskat First Nation. Officially opened in July 2008, the Victor Mine is Ontario’s first and only diamond mine and the second mine in Canada for De Beers, which also operates the underground Snap Lake Mine in the Northwest Territories.

Attawapiskat First Nation is located at the mouth of the Attawapiskat River and James Bay, in Northern Ontario. The First Nation has a history of successful private and public sector business operations. This new venture will add to the community’s ability to generate jobs and wealth for its members.

Contact information for stakeholder partners is as follows:

Attawapiskat Resources Inc. and
Attawapiskat Catering Limited Partnership

Bob Dickson, Chief Executive Officer
Attawapiskat Resources Inc.
Office Telephone: (905) 847-7438
Cell Phone: (647) 236-7438
rankin.lake[at]hotmail.com

Outland Camps

Jeff Taylor, Managing Director
Outland Camps
(905) 840-2368, Ext. 28
jtaylor[at]outland.ca

De Beers Canada

Tom Ormsby
Director, External & Corporate Affairs; De Beers Canada
(416) 645-1710; Ext 2151
Tom.Ormsby[at]debeerscanada.com