Laramide Reports on La Jara Mesa Permitting: USDA Forest Service Commences Environmental Impact Statement and Public

TORONTO, ONTARIO, May 19 (MARKET WIRE) --
Laramide Resources Ltd. (TSX: LAM) is pleased to announce the publication
of a Notice of Intent in the U.S. Federal Register announcing upcoming
scoping meeting open houses (two of them) to discuss Laramide's planned
La Jara Mesa Mine Project ("La Jara Mesa"). La Jara Mesa is located in
Cibola County, New Mexico in the Ambrosia Lake Mining District of the
Grants Mineral Belt. The mineral resource estimated for La Jara Mesa
(2007, Douglas Peters, Independent Consultant) estimates measured and
indicated mineral resources of 7,257,817 pounds uranium (U3O8) that are
contained in 1,555,899 tons at an average grade of 0.23% and an
additional inferred resource of 3,172,653 pounds of uranium (U3O8)
contained in 793,161 tons at an average grade of 0.20% U3O8. Laramide
plans to develop it as a small underground mine. The project resides on
public land administered by the USDA Forest Service ("Forest Service"),
who will convene the scoping meetings. Golder Associates (Golder) has
been hired as an independent Third-Party Contractor to prepare the
required Environmental Impact Statement ("EIS"). Golder will also be
collecting environmental baseline data which is intended to comply with
Section 6 of the Mining Act Rules of New Mexico.

The EIS process timeline, as reported by Forest Service, is as follows:

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Event Timeline Comment
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Public and Agency Underway May/ June 2009
Scoping Starts with two meeting open
houses in Grants, NM and Gallup,
NM. These meetings will allow
for public comment and questions.
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Data Collection / Field Underway Spring / Summer 2009
Studies Golder will conduct studies to
evaluate air, water, vegetation,
wildlife, cultural, noise and
other environmental disciplines
to determine what exists at site
and assess potential impacts.
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Draft EIS Fall 2009 When the draft is issued, it will
be made available to the public
for their review and comment.
---------------------------------------------------------------------------
Final EIS Spring/Summer
2010
---------------------------------------------------------------------------
Forest Service Decision Summer 2010
---------------------------------------------------------------------------
Implementation 2010 Construction
---------------------------------------------------------------------------

Laramide will report on the development of the EIS and issues raised
during the public scoping period, as these factors will influence the
planned construction and operation of the mine.

About Laramide:

Laramide is engaged in the exploration and development of high quality
uranium assets. Its wholly owned uranium assets are in Australia and the
United States. Laramide's portfolio of advanced uranium projects have
been chosen for their production potential. Its flagship project,
Westmoreland, in Queensland, Australia, is one of the largest projects
currently held by a junior mining company. Its U.S. assets include La
Jara Mesa in Grants, New Mexico and La Sal in the Lisbon Valley district
of Utah. Its portfolio also includes joint venture, strategic equity
positions and royalty participation in uranium development and
exploration companies that provide additional geographic diversification
and uranium exposure for shareholders.

This press release contains forward-looking statements. The actual
results could differ materially from a conclusion, forecast or projection
in the forward-looking information. Certain material factors or
assumptions were applied in drawing a conclusion or making a forecast or
projection as reflected in the forward-looking information.

Contacts:
Laramide Resources Ltd.
Flora Wood
Investor Relations
(416) 599-7363
www.Laramide.com

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