Laurentian Goldfields Ltd. Grants Stock Options

Vancouver, British Columbia – March 11, 2011 – Laurentian Goldfields Ltd. (TSX-V: LGF) (“Laurentian”) today has granted, subject to regulatory approval, incentive stock options for a total purchase of 500,000 common shares of Laurentian Goldfields Ltd. to President, CEO and Director Darin Labrenz. The options are exercisable on or before March 11, 2016 at the price of 0.35 per common share.

About Laurentian Goldfields Ltd.

Laurentian is a team of highly skilled exploration professionals focused on discovery in Canada and currently operates several active projects in Ontario and Quebec. Laurentian Goldfields Ltd. is committed to advancing shareholder benefit by employing leading edge exploration concepts and techniques and the acquisition of high quality exploration properties in Canada.

ON BEHALF OF THE BOARD OF DIRECTORS,

“Darin Labrenz”

Darin Labrenz, P.Geo.
President and CEO

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.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to mineral potential and planned exploration, development and production activities. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, realized mineralization of properties and the timing and success of future exploration, development and production activities.

For further information, please contact:

Darin Labrenz, President and CEO
Tel: (604) 646-8000
Fax: (604) 646-8088
info@laurentiangoldfields.com