Killdeer Minerals Inc. (TSX VENTURE: KMI) ("Killdeer" or the "Company") is pleased to announce that a diamond drilling program has been initiated on the Company's Gold Belt property which covers an area of 22,619 hectares in the La Ronge Greenstone Belt, located approximately 70 kilometers north of the community of La Ronge in north-central Saskatchewan. The La Ronge Greenstone Belt hosts gold (Au) mineralization (and other minerals) occurring predominantly as gold-bearing shear zones. Golden Band's Bingo property, contiguous with the Gold Belt property to the northeast, is expected to begin gold production in Q4, 2010.

Killdeer's helicopter-supported drill program will test 3 distinct areas, the Vidgy Lake showing, the Kwiatoski Lake area, and the Triangle Lake area. Total meters to be drilled, by Kluane Drilling of Whitehorse, Yukon, is expected to approximate 3000 m.

The Kwiatoski Lake showing, where historical exploration has located several gold shear and quartz vein occurrences, was sampled by Killdeer in 2009. Assays from 2 of these occurrences, the Davidson and Charlie's Chance showing returned values of 516.6 g/t Au and 93.4 g/t Au from the Davidson, and assays from the Charlie's Chance occurrence ranged from 28.5 g/t Au to 185 g/t Au. Neither of these occurrences has been previously drill tested.

The Vidgy Lake showing is a 1 to 2.5 m shear zone hosted quartz vein from which historical work reported in excess of 100 g/t Au in grab samples and 4.2 g/t Au over a 2 m sample width (see News Release December 3, 2009).

The third diamond drill site, the Triangle Lake magmatic copper-nickel (Cu-Ni) intrusion, forms part of the Bassett Lake layered mafic to ultramafic intrusive complex associated with massive to semi-massive magnetite and pyrite-pyrrhotite-chalcopyrite-pentlandite mineralization. Drilling is designed to test a highly anormolous 900 m by 60 m magnetic anomaly. Historical exploration work returned trench samples grading 0.82% copper, 0.21% nickel and 0.35% cobalt.

A subsequent historical diamond drill program, comprised of three vertical holes drilled to a maximum depth of 80 m, ended in ultramafic rocks. The hole may have ended at the transition betwen mafic and ultramafic rocks (see News Release dated Dec 3, 2009), and the present drill program will be designed to test the zone to greater depth.

The technical information in this release was reviewed and approved by Richard T. Walker, M. Sc., P. Geo., the Company's Qualified Person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Elson, President, Chief Executive Officer and Director

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 news release.

Contacts: Killdeer Minerals Inc. Michael Elson President, Chief Executive Officer and Director (604) 685-6989 (604) 685-6961 (FAX) www.killdeerminerals.com