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TORONTO, ONTARIO--(Marketwire - June 18, 2010) - James Bay Resources Limited (TSX VENTURE:JBR) ("James Bay" or the "Company") is pleased to announce that an application has been approved by the TSX Venture Exchange to extend the term of the 3,723,925 warrants issued by the Corporation on July 24, 2008 (the "Warrants"). The Warrants were scheduled to expire on July 24, 2010 but will now expire on July 24, 2011.

About James Bay Resources

James Bay is a well-financed Canadian mineral exploration company with 21,872 hectares of 108 royalty-free, 100-percent owned claims in the McFauld's Lake area of the James Bay Lowlands. The Property is located west-southwest of the "Eagle One" Ni-Cu-PGE discovery made by Noront along the "Ring of Fire", an emerging and potentially world-class base metal camp. The Company currently has 28,040,350 shares outstanding and trades on the TSX Venture Exchange under the symbol "JBR". Please visit the James Bay website at [ www.jamesbayresources.com ].

Neither the 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.