War Eagle Announces the Board Appointment of Anthony Dutton as a Part of a Corporate Restructuring

VANCOUVER, BRITISH COLUMBIA, Mar 24 (MARKET WIRE) --
War Eagle Mining Company Inc. (TSX VENTURE: WAR) announced today the
appointment of Anthony Dutton as a director of the Company effective
March 20, 2009.

Mr. Dutton is currently the president and CEO, and a founding director of
IBC Advanced Alloys Corp. whose shares are publicly traded on the TSX
Venture Exchange under the symbol IB. Mr. Dutton is also a principal at
Primary Capital Group and a director of several public and private
companies, both in Canada and the United States. Mr. Dutton holds a BA in
Economics from the University of British Columbia and a MBA from the
Cranfield School of Management in the United Kingdom.

IBC Advanced Alloys Corp. is a world wide manufacturer and supplier of
advanced casting alloys and other intermediate products with a focus on
beryllium related alloys as well as non-ferrous alloys for a broad range
of industrial applications including nuclear power, oil and gas, defense,
electronics and automotive. IBC has mineral assets located in Brazil and
North America with its main operating divisions based in Pennsylvania and
Indiana in the United States.

Also, effective March 20, 2009, the Company received and accepted the
resignations of Jeff Lantz as the Company's president, CEO and director
and of David Hackman, a current director. Terence Schorn resigned as the
chairman of the board but will continue to serve the Company in his
capacities as a director and consultant.

The positions of interim president and CFO were appointed to Simon J.
Anderson. Donald Padgett accepted the position of chairman of the board.

For further information www.wareaglemining.com or contact
info@wareaglemining.com.

CUSIP. No. 933901209

Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.

Contacts:
War Eagle Mining Company Inc.
Bob Faris
Corporate Development
1-800-877-1626 or (604) 606-7973
Email: bob@wareaglemining.com
Website: www.wareaglemining.com

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