February 20, 2012 Vancouver, British Columbia – Cedar Mountain Exploration Inc. (CED: TSX-V) (“Cedar Mountain” or the “Company”) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (the “Agent”), to sell up to 15,000,000 units (the “Units”) on a private placement commercially reasonable efforts basis at a price of C$0.20 per Unit for gross proceeds of up to C$3,000,000 (the “Base Offering”).  In addition, the Company will grant the Agent an over-allotment option, exercisable up to 48 hours prior to the closing of the Offering, to purchase from the Company up to an additional 5,000,000 Units at C$0.20 per Unit to raise additional gross proceeds of up to C$1,000,000 (the “Over-Allotment Option”, and together with the Base Offering, the “Offering”).

Each Unit shall consist of one common share of the Company and one half of one common share purchase warrant (each whole warrant, a “Warrant”).  Each Warrant shall be exercisable into one common share of the Company for a period of 24 months from closing at an exercise price of C$0.35 per share.

In addition, the Company will concurrently offer up to 10,000,000 Units through a non-brokered private placement (the “Non-brokered Private Placement Units” and together with the Units, the “Offered Securities”) at the same price as per the Offering.

The Agent will receive a cash fee on the sale of the Units of 6.5% of the gross proceeds raised under the Offering, broker warrants (“Broker Warrants”) equal to 10% of the Offering. Each Broker Warrant shall be exercisable for one common share of the Company at a price of C$0.20 at any time up to 24 months after closing. 

The proceeds raised under the Offering will be used for exploration and development of the Company’s Graphite Creek project and for general working capital purposes.

Closing of the Offering is anticipated to occur on or before March 2, 2012 and is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange.  Securities issued under the Offering and through the over-allotment option will be subject to a four month hold period which will expire four months from the date of closing. 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Graphite Creek
The Graphite Creek project is an approximately 3,108 hectare property on the Seward Peninsula of Alaska, 65 kilometres north of Nome.  Mineralization at the Graphite Creek Property is characterized by immense scale, large-flake high-grade graphite-bearing garnet biotite quartz schist.  Graphite mineralization is exposed at surface.  The coarse crystalline flake graphite occurs as disseminations and high-grade segregations and lenses in the distinctive garnet-bearing schist. The host garnet-bearing schist interval is continuous over 5 kilometres of strike length, has an approximate thickness of 100 metres, and is exposed over dip lengths of 100 to 200 metres thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock.  The estimate of potential deposit tonnage is based on the Company’s geological mapping in 2011. Four 2011 samples of the garnet-bearing schist contain 9.1 to 21.8% graphite. Sampling of high grade lenses within the garnet-bearing schist contains up to 56.9% graphite. A historical composite chip sample across a 16 metre outcrop of garnet-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% graphite. The potential size and grade of the Graphite Creek deposit is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource.  The property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the east.

About Cedar Mountain Exploration Inc.
CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement.  The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy offering significant potential for the discovery and development of a large-flake, high-grade graphite deposit exposed at surface.  Cedar Mountain has an option to earn a 100% interest in the Graphite Creek project and plans to rapidly advance the Property to a NI 43-101 compliant resource.

The graphite market is only beginning to open up as green technology takes more precedence in the world today.  Graphite is vital for lithium-ion batteries, pebble bed nuclear reactors, and fuel cells amongst other uses.  Graphite has been named a “supply critical mineral” and a “strategic mineral” by the USA and European Union as more demand is being created that surpasses the supply threshold.  This has allowed for the price of graphite to rise, as over the past 7 years the price has nearly tripled.  Graphite is the mineral of tomorrow and as such, cannot continue to be overlooked and undervalued.

ON BEHALF OF THE BOARD OF DIRECTORS
Charles Chebry
President and Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc. please visit the Company’s website
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development & Director
Tel: (604) 697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. In particular, but without limiting the foregoing, this press release contains statements concerning the anticipated closing date of the Offering and the anticipated use of net proceeds of the Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The closing of the Offering could be delayed if the Company is not able to obtain the necessary regulatory and stock exchange approvals on the timelines it has planned.  The Offering will not be completed at all if these approvals are not obtained or some other condition to the closing is not satisfied. Accordingly, there is a risk that the Offering will not be completed within the anticipated time or at all. The intended use of the net proceeds of the Offering by the Company might change if the board of directors of the Company determines that it would be in the best interests of the Company to deploy the proceeds for some other purpose, such as an acquisition. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially form those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

"Cedar Mountain is pleased to have consolidated its land position surrounding the Graphite Creek project area in Alaska" stated Charles http://cedarmountainexp.com/_resources/news/February_2012/1.jpg

About Graphite Creek
The Graphite Creek project is an approximately 1,375 hectare property on the Seward Peninsula of Alaska, 65 kilometres north of Nome.  Graphite Creek is characterized by an immense scale, large-flake high-grade graphite deposit.  Graphite mineralization is exposed at surface and primarily hosted by a garnet biotite quartz schist interval.  The coarse crystalline flake graphite occurs as disseminations and high-grade segregations and lenses in the distinctive garnet-bearing schist. The host garnet-bearing schist interval is continuous over 5 kilometres of strike length, has an approximate thickness of 100 metres, and is exposed over dip lengths of 100 to 200 metres thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock.  The estimate of potential deposit tonnage is based on the Company’s geological mapping in 2011. Four 2011 samples of the garnet-bearing schist contain 9.1 to 21.8% graphite. Sampling of high grade lenses within the garnet-bearing schist contains up to 56.9% graphite. A historical composite chip sample across a 16 metre outcrop of garnet-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% disseminated graphite. The potential size and grade of the Graphite Creek deposit is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource.  The property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the east.

About Cedar Mountain Exploration Inc.
CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement.  The Graphite Creek Property on the Seward Peninsula of Alaska Chebry, President and CEO. "Our team has successfully identified and secured all lands of geological merit surrounding the high-grade Graphite Creek project.”  Mr. Chebry added.

Graphite Creek’s total land package is now approximately 7,680 acres or 3,072 hectares.  The additional claims expand significantly both the high-grade and disseminated graphite bearing zones.  A second parallel zone of garnet biotite quartz shist which is the host rock for Graphite Creek's high-grade mineralization is the high-priority target area (see figure 1 brown coloured area).  There is also significant expansion of the biotite quartz shift intervals (see figure 1 yellow coloured area) which contains disseminated graphite which typically samples +2% graphite. Additional geological mapping and sampling are required to further define these new target areas.

Please see the link below for a map of the Graphite Creek property claims (figure 1):
fits with the Cedar Mountain business strategy offering significant potential for the discovery of large-flake, high-grade graphite exposed at surface.  Cedar Mountain has an option to earn a 100% interest in the Graphite Creek project and plans to rapidly advance the property to a NI 43-101 compliant resource.

The graphite market is only beginning to open up as green technology takes more precedence in the world today.  Graphite is vital for lithium-ion batteries, pebble bed nuclear reactors, and fuel cells amongst other uses.  Graphite has been named a “supply critical mineral” and a “strategic mineral” by the USA and European Union as more demand is being created that surpasses the supply threshold.  This has allowed for the price of graphite to rise, as over the past 7 years the price has nearly tripled.  Graphite is the mineral of tomorrow and as such, cannot continue to be overlooked and undervalued.

ON BEHALF OF THE BOARD OF DIRECTORS
Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc. please visit the Company’s website
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development & Director
Tel: (604) 697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Bay Street Connect is an owner-managed firm based in Toronto and a leading provider of investor relations services to Canadian public companies in the natural resources sector since 2003. Focusing on direct communication and face-to-face meetings, it has assisted numerous organizations in improving relationships within the investment community. Bay Street Connect has no direct or indirect interest in the Company or any of its securities.

About Graphite Creek

The Graphite Creek project is an approximately 1,375 hectare property on the Seward Peninsula of Alaska, 65 kilometres north of Nome.  Graphite Creek is characterized by an immense scale, large-flake high-grade graphite deposit.  Graphite mineralization is exposed at surface and primarily hosted by a garnet biotite quartz schist interval.  The coarse crystalline flake graphite occurs as disseminations and high-grade segregations and lenses in the distinctive garnet-bearing schist. The host garnet-bearing schist interval is continuous over 5 kilometres of strike length, has an approximate thickness of 100 metres, and is exposed over dip lengths of 100 to 200 metres thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock.  The estimate of potential deposit tonnage is based on the Company’s geological mapping in 2011. Four 2011 samples of the garnet-bearing schist contain 9.1 to 21.8% graphite. Sampling of high grade lenses within the garnet-bearing schist contains up to 56.9% graphite. A historical composite chip sample across a 16-m outcrop of garnet-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% disseminated graphite. The potential size and grade of the Graphite Creek deposit is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource.  The property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the east.

About Cedar Mountain Exploration Inc.

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement.  The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy offering significant potential for the discovery of large-flake, high-grade graphite exposed at surface.  Cedar Mountain has an option to earn a 100% interest in the Graphite Creek project and plans to rapidly advance the property to a NI 43-101 compliant resource.

The graphite market is only beginning to open up as green technology takes more precedence in the world today.  Graphite is vital for lithium-ion batteries, pebble bed nuclear reactors, and fuel cells amongst other uses.  Graphite has been named a “supply critical mineral” and a “strategic mineral” by the USA and European Union as more demand is being created that surpasses the supply threshold.  This has allowed for the price of graphite to rise, as over the past 7 years the price has nearly tripled.  Graphite is the mineral of tomorrow and as such, cannot continue to be overlooked and undervalued.

ON BEHALF OF THE BOARD OF DIRECTORS

Charles Chebry
President, Chief Executive Officer and Director
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc. please visit the Company’s website
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development & Director
Tel: (604) 697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

"On behalf of the existing members of the Company, I would like to welcome Mr. Besserer and Mr. Hansen to the Cedar Mountain management team. We look forward to their contributions at this exciting time as we advance the recently acquired Graphite Creek Project in Alaska, USA”, stated Charles Chebry, President and Chief Executive Officer of Cedar Mountain.

Mr. Besserer, a graduate of the University of Western Ontario (1995), and has been a geological consultant since 1995.  Mr. Besserer is a former Principal of APEX Geoscience Ltd., a geological consulting firm with offices in Canada and Australia.  Mr. Besserer is a director of Brilliant Resources Inc. (BLT: TSXV) and Sentosa Mining Ltd. (SEO: ASX). His industry experience includes mineral exploration and property evaluations in Canada, Australia, Russia, South East Asia, South America and Africa for numerous major and junior mining companies. Mr. Besserer has managed exploration programs with annual exploration budgets in excess of $10 million.  Mr. Besserer is a member of The Association of Professional Engineers, Geologists and Geophysicists of Alberta, and the Australian Institute of Geoscientists.

Mr. Hansen has over 20 years experience in the bitumen mining and oil & gas industry and has worked for a number of Canadian and International based Energy Resource companies including Suncor Energy Inc. and Koch Exploration Canada Ltd. Mr. Hansen is the Chief Financial Officer and Director of Argonaut Exploration Inc. (AGA: TSX-V) as well as Chief Financial Officer of Happy Creek Minerals Ltd. (HPY: TSX-V). Mr. Hansen has a proven track record at all levels of management in the Resource Industry and is a Certified Management Accountant.

The Company also announces the resignation of Mr. Sean Mager as Chief Financial Officer effective as of February 1st, 2012.  Mr. Mager will continue to maintain a position on the board of directors. “We would like to thank Sean for his outstanding service and contributions to our management team, and I am pleased to be able to continue to work with Sean as a fellow director for Cedar Mountain” stated Charles Chebry, President and Chief Executive Officer of Cedar Mountain Exploration.

About Graphite Creek
The Graphite Creek project is an approximately 1,375 hectare property on the Seward Peninsula of Alaska, 65 kilometres north of Nome.  Graphite Creek is characterized by an immense scale, large-flake high-grade graphite deposit.  Graphite mineralization is exposed at surface and primarily hosted by a garnet biotite quartz schist interval.  The coarse crystalline flake graphite occurs as disseminations and high-grade segregations and lenses in the distinctive garnet-bearing schist. The host garnet-bearing schist interval is continuous over 5 kilometres of strike length, has an approximate thickness of 100 metres, and is exposed over dip lengths of 100 to 200 metres thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock.  The estimate of potential deposit tonnage is based on the Company’s geological mapping in 2011. Four 2011 samples of the garnet-bearing schist contain 9.1 to 21.8% graphite. Sampling of high grade lenses within the garnet-bearing schist contains up to 56.9% graphite. A historical composite chip sample across a 16-m outcrop of garnet-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% disseminated graphite. The potential size and grade of the Graphite Creek deposit is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource.  The property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the east.

About Cedar Mountain Exploration Inc.
CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement.  The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy offering significant potential for the discovery of large-flake, high-grade graphite exposed at surface.  Cedar Mountain has an option to earn a 100% interest in the Graphite Creek project and plans to rapidly advance the property to a NI 43-101 compliant resource.

The graphite market is only beginning to open up as green technology takes more precedence in the world today.  Graphite is vital for lithium-ion batteries, pebble bed nuclear reactors, and fuel cells amongst other uses.  Graphite has been named a “supply critical mineral” and a “strategic mineral” by the USA and European Union as more demand is being created that surpasses the supply threshold.  This has allowed for the price of graphite to rise, as over the past 7 years the price has nearly tripled.  Graphite is the mineral of tomorrow and as such, cannot continue to be overlooked and undervalued.

ON BEHALF OF THE BOARD OF DIRECTORS
Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc. please visit the Company’s website
www.cedarmountainexp.com or contact:
Anthony Huston
VP Business Development & Director
Tel: (604) 697-2862
Email: anthonyh@cedarmountainexp.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.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

The Graphite Creek project is an approximately 1,375 hectare property on the Seward Peninsula of Alaska, 65 kilometres north of Nome.  Graphite Creek is characterized by an immense scale, large-flake high-grade graphite deposit.  Graphite mineralization is exposed at surface and primarily hosted by a garnet biotite quartz schist interval.  The coarse crystalline flake graphite occurs as disseminations and high-grade segregations and lenses in the distinctive garnet-bearing schist. The host garnet-bearing schist interval is continuous over 5 kilometres of strike length, has an approximate thickness of 100 metres, and is exposed over dip lengths of 100 to 200 metres thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock.  The estimate of potential deposit tonnage is based on the Company’s geological mapping in 2011. Four 2011 samples of the garnet-bearing schist contain 9.1 to 21.8% graphite. Sampling of high grade lenses within the garnet-bearing schist contains up to 56.9% graphite. A historical composite chip sample across a 16-m outcrop of garnet-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% disseminated graphite. The potential size and grade of the Graphite Creek deposit is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource.  The property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the east.

“The Graphite Creek project is an ideal fit with our goal of identifying, acquiring, and exploring large scale projects that have the potential to add significant shareholder value.” stated Charles Chebry, CEO. Mr. Chebry added “Cedar Mountain’s early stage work completed in 2011 corroborates with historical exploration results increasing our level of confidence that Graphite Creek will become a significant graphite deposit.” Cedar Mountain plans to aggressively advance the project in 2012 with an exploration program including sampling, mapping, conductivity surveys, and diamond drilling.  The Company aims to have a resource within the next two years.

Graphite & Lithium-Ion Batteries
The price of large-flake graphite has tripled over the last five years due to reductions in dependable supply and increased demand.  Future increases in demand of large-flake graphite are expected from the emerging market of lithium-ion batteries.  Lithium ion batteries are more powerful than traditional batteries and they are composed of 20 to 30 times more graphite than lithium.  Electric and hybrid automobile batteries consume approximately 80 kilograms of graphite per vehicle.  It is projected that the graphite demand for electric and hybrid automobile industry by 2020 will exceed the total of all graphite produced today.  Initial testing at Graphite Creek identified a high proportion of coarse crystalline large-flake graphite ranging from 76.5% to 93.6%.

Terms of the Agreement
Cedar Mountain has an option to earn a 100% interest in the Graphite Creek Project over a three year period through exploration work totaling $1,525,000 and cash payments of $25,000 on signing, March1, 2012 - $50,000, March 1, 2013 - $100,000 and March 1, 2014 - $250,000. Upon completion of the work and cash payment provisions of the option agreement the project will be governed by a 20 year lease with automatic renewal provisions.   The lease agreement allows for a 5% production royalty which can be reduced to 3% by cash payment of $2,000,000 for each one percent purchased.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of national Instrument 43-101. The Graphite Creek project represents an early stage property and does not contain any mineral resources as defined by national Instrument 43-101.

About Cedar Mountain Exploration Inc.
CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement.  The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy offering significant potential for the discovery of large-flake, high-grade graphite exposed at surface.  Cedar Mountain has an option to earn a 100% interest in the Graphite Creek project and plans to rapidly advance the property to a NI 43-101 compliant resource.

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc. please visit the Company’s website
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development & Director
Tel: (604) 697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

The Graphite Creek project is an approximately 1,375 hectare property on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Graphite Creek is characterized by an immense scale, large-flake high-grade graphite deposit with mineralization exposed at surface primarily hosted by a garnet biotite quartz schist interval that contains coarse, crystalline flake graphite in disseminations and high-grade graphite segregations and lenses. Mineralization is continuous over 5 kilometres of strike length with an approximate thickness of 100 metres and is exposed over dip lengths of 100 to 200 metres. The project indicates that it has the potential for over 200 million tonnes grading several percent or more graphite. The property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the east.

“The Graphite Creek project is an ideal fit with our goal of identifying, acquiring, and exploring large scale projects that have the potential to add significant shareholder value.” stated Charles Chebry, CEO. Mr. Chebry added “Cedar Mountain’s early stage work completed in 2011 corroborates with historical exploration results increasing our level of confidence that Graphite Creek will become a significant graphite deposit.” Cedar Mountain plans to aggressively advance the project in 2012 with an exploration program including sampling, mapping, conductivity surveys, and diamond drilling. The Company aims to have a resource within the next two years.

Graphite & Lithium-Ion Batteries
The price of large-flake graphite has tripled over the last five years due to reductions in dependable supply and increased demand. Future increases in demand of large-flake graphite are expected from the emerging market of lithium-ion batteries. Lithium ion batteries are more powerful than traditional batteries and they are composed of 20 to 30 times more graphite than lithium. Electric and hybrid automobile batteries consume approximately 80 kilograms of graphite per vehicle. It is projected that the graphite demand for electric and hybrid automobile industry by 2020 will exceed the total of all graphite produced today. Initial testing at Graphite Creek identified a high proportion of coarse crystalline large-flake graphite ranging from 76.5% to 93.6%.

Terms of the Agreement
Cedar Mountain has an option to earn a 100% interest in the Graphite Creek Project over a three year period through exploration work totaling $1,525,000 and cash payments of $25,000 on signing, March1, 2012 - $50,000, March 1, 2013 - $100,000 and March 1, 2014 - $250,000. Upon completion of the work and cash payment provisions of the option agreement the project will be governed by a 20 year lease with automatic renewal provisions. The lease agreement allows for a 5% production royalty which can be reduced to 3% by cash payment of $2,000,000 for each one percent purchased.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of national Instrument 43-101. The Graphite Creek project represents an early stage property and does not contain any mineral resources as defined by national Instrument 43-101.

About Cedar Mountain Exploration Inc.
CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy offering significant potential for the discovery of large-flake, high-grade graphite exposed at surface. Cedar Mountain has an option to earn a 100% interest in the Graphite Creek project and plans to rapidly advance the property to a NI 43-101 compliant resource.

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc. please visit the Company’s website
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development & Director
Tel: (604) 697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

“With the conclusion of Cedar’s 2011 program at the Kelly Creek Project, we have now identified seven exposures of gold-bearing graphitic schists of similar character over a 16 kilometre area which are interpreted to be part of a very large scale gold-mineralizing event in the Kelly Creek area” stated Charles Chebry, President and CEO.  “Our limited drill testing this year at five of these prospects has confirmed that extensive epigenetic mineralization is present within bedrock over the area and that the potential to identify a significant gold resource remains good. The structural setting of the area and the close association of the mineralization to the graphitic schist units would suggest that we have only sampled a fraction of the total prospective stratigraphy” added Mr. Chebry.

South Fox

The South Fox prospect is located 4.5 kilometres northwest of the Kelly Creek prospect.  At South Fox, gold-in-soil anomalies associated with graphite and mica quartz schist were identified during 2010. During August 2011, ten diamond drill holes totaling 1,102 metres tested these anomalies. Holes 11SF03 to 11SF06 drilled in the northern portion of the anomaly returned broad zones of gold mineralization over a strike length of approximately 250 metres with highlights of 0.45 g/t over 28.40 metres in 11SF04 and 0.76 g/t Au over 24.00 metres in 11SF06 (Table 1 for complete results). Mineralization in these holes is hosted within faulted and sheared quartz-veined and stock-worked mica quartz schists and partly calcareous graphite quartz schists. Drill results suggest that the bedrock source for the gold-in-soil anomalies at South Fox have only been partially identified and that post-mineral faulting may have offset the mineralized zone in the southern portion of the target where drilling returned no significant results.

Table 1 - Significant Intersections South Fox Target

No significant intersections for holes 11SF01, 11SF02 and 11SF07 - 11SF10

Moose and Jaeger Prospects

The Moose prospect is located 8.5 kilometres east of the Kelly Creek prospect. Reconnaissance soil samples collected in 2007 contained some anomalous gold and follow-up in 2010 collected nine soil samples in this area that contained up to 377 ppb gold.

The prospect is within black, fine-grained carbonaceous schist and mica quartz schist in contact with micaceous marble. It appears to be in a similar structural and stratigraphic setting as the Wolverine prospect 3 kilometres to the northeast.

A soil survey grid was established in the prospect area in 2011. The 53 samples collected in 2011 contain up to 1,105 ppb gold. Together with the 2010 samples, they define a surface soil anomaly 800 metres long and is open in three directions.

Additional sampling is needed to determine the limits of the gold-in-soil anomaly and more detailed sampling is needed to completely define drill targets.

The Jaeger prospect is located a further 3 kilometres to the southeast of the Moose Prospect. Soil sampling in 2011 has defined a new gold in soil anomaly with peak values of 129 ppb gold, over a 600 metre by 200 metre area. The structural and stratigraphic setting is similar to that at Moose Prospect.

2011 Exploration Program Summary

During 2011, Cedar Mountain completed an exploration drilling program at the Kelly Creek Project focused on drill testing extensive gold-in-soil anomalies identified in 2010. In total, 4,816.30 metres of diamond drilling in 45 holes was completed at the Kelly Creek, Wolf, Wolverine, North Fox and South Fox prospects. The results of the drilling have confirmed the presence of bedrock gold primarily hosted within graphitic schists as local sources of the soil anomalies; however, it is apparent that gold mineralization is structurally controlled within the host lithologies as evidenced by extensive brecciation, shearing, and fracturing within the auriferous intercepts.

Additional soil sampling during 2011 has expanded upon existing and located new gold in soil anomalies over the Kelly Creek project area to bring the known dimensions of the mineralizing system to over 16 kilometres, supporting the presence of a large wide-spread gold mineralizing event in the area.

Further exploration will require detailed study of the structural geology of the area and identification of stratigraphic and structural controls on mineralization which could potentially yield high priority targets in structurally preferable settings.

The Property

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 kilometres north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of National Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by National Instrument 43-101.

About Cedar Mountain Exploration Inc.

Cedar Mountain Exploration Inc. is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries.

Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development & Director
Tel: 604-697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

“Cedar’s 2011 drilling at the North Fox, Wolverine and Wolf prospects has confirmed the presence of gold in bedrock associated with broad geochemical soil anomalies at all three of these targets” stated Charles Chebry, President and CEO, “The extent of gold distribution over the area and apparent strong structural control on mineralization have improved our understanding of the prospectivity of the project and important geochemical targets have yet to be drill tested” added Mr. Chebry.

North Fox

The North Fox prospect is located 3 km northwest of the Kelly Creek prospect. At North Fox anomalous gold-in-soil values (20 to 468 ppb) cover a 1,400 m by 400 m area underlain by carbonaceous schist. Six drill holes totaling 668.5 m, inclined across the dip of the host carbonaceous schist were completed in the western part of the soil anomaly in August, 2011. Assay data for soil samples in the eastern part of the soil anomaly were not available when drilling was underway.

Anomalous gold values (+0.1 g) were returned from all drill holes. The gold-bearing zones are strongest where sheared and brecciated quartz vein stockworks are present. The gold intercepts are relatively narrow and low grade (4.5 m @ 0.32 g/t Au in 11NF03, 4.5 m @ 0.42 g/t Au in 11NF04, 4.5 m @ 0.50 g/t in 11NF05, and to 4.5 m @ 0.70 g/t Au in 11NF06), but intercepts systematically increase in grade towards the eastern and stronger part of the gold-in-soil anomaly completed in 2011 which remains untested by drilling (see accompanying map).

Wolverine Prospect

The Wolverine prospect is a large, linear gold-in-soil anomaly about 6 km east-northeast of the Kelly Creek prospect. Seven drill holes totaling 755.4 m tested this prospect in 2011. Four drill holes (11WO01, 11WO04, 11WO05, and 11WO06) were directed northeast (-600) and two drill holes (11WO03 and 11WO07) were directed southwest (-600) across the trend of the soil anomaly. 11WO02 was a short, vertical hole drilled at the same location as 11WO01. 

All of the drill holes encountered at least one mineralized interval (from 1 to 5.5 m long) with 0.1 g or more gold. Two of the holes (11WO01 and 11WO03) encountered five such intervals.  The strongest of these intervals was 4.5 m @ 0.44 g/t Au in 11WO01.  The gold-bearing zones are predominantly hosted within sheared and quartz veined, partly calcareous, mica quartz schist and graphite quartz schist.

Wolf Prospect

The Wolf prospect is a gold-in-soil anomaly, apparently localized along a high angle fault, about a kilometre south of the Kelly Creek. Four drill holes totaling 473.8 m were completed at Wolf in 2011.  The drill holes included three in a line (11WF01, 11WF02, and 11WF03) directed across the projected trace of the high angle fault. Drill hole 11WF04 encountered poorly sheared and broken up rocks and was abandoned prior to reaching target depth. The completed holes all encountered narrow mineralized zones containing at least 0.1 g/t Au. 11WF01 intercepted four 1.5 m zones with 0.12 to 0.48 g g/t Au, 11WF02 returned1.5 m @ 0.17 g/t Au, and 11WF03 contained 1.5 m @ 0.28 g/t Au. The gold-bearing zones are sheared and quartz-veined intervals in partly calcareous mica graphite quartz schist.

The Property

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of National Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by National Instrument 43-101.

Please click on the link provided below to view the addressed figure.

http://cedarmountainexp.com/_resources/CED-NR-Nov-2-2011.pdf

About Cedar Mountain Exploration Inc.

Cedar Mountain Exploration Inc. is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries.

Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:

www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development & Director
Tel: 604-697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

September 26, 2011 - Vancouver, British Columbia - Cedar Mountain Exploration Inc. (CED: TSXV) (“Cedar Mountain” or the "Company") is pleased to announce the initial drill results from the Kelly Creek Project on the Seward Peninsula, Alaska.  Drill core assay results from the first 18 diamond drill holes (1820.5 metres) at the Kelly Creek Prospect have confirmed the presence of broad intervals of gold mineralization in sheared and brecciated carbonaceous schist.

“We are very encouraged by the results of our 2011 drilling at the Kelly Creek Prospect” stated Charles Chebry, President and CEO. “The drill results confirm the presence of zones of bedrock gold mineralization which were targeted from broad soil geochemistry targets generated last year. The 2011 drilling indicates that the best grades are associated with zones of quartz veining and stockworking within fractured and sheared carbonaceous schist and ongoing studies will allow us to effectively target the mineralized trends in future campaigns” added Mr. Chebry.

Eighteen drill holes totaling 1820.5 m were completed on the Kelly Creek prospect in 2011. Eight holes (11KC01-05 and 11KC10-12) targeted a strong linear soil anomaly first tested by Anaconda in 1984, four holes (11KC06-09) tested possible extensions of this zone to the southeast, and six holes (11KC13-18) tested another area with a strong soil anomaly in the headwaters of Kelly Creek.

The drill results (see Table 1) confirm the gold-bearing zone first drilled by Anaconda (11KC05; 1.04g/t Au over 26.8 metres). This zone extends 500 metres northeast to near Kelly Creek (11KC12; 0.85 g/t Au over 16.5 metres, including 1.34 g/t Au over 7.5 metres) and remains open to the northeast.  The drill holes in the headwater area of Kelly Creek identified one strong but narrow mineralized zone (11KC14; 2.27 g/t Au over 3.10 metres) which has not fully explained the source of the strong gold-in-soil anomaly in this area.

The results from the Kelly Creek Prospect are the initial tranche (18 holes in 1820.5 metres) of 4815.2 metres in 45 holes completed at The Kelly Creek Project in 2011. Results for all the drill holes at the Wolf (four holes totaling 469.6 m), Wolverine (seven holes totaling 755.4 m), South Fox Zone 1 (seven holes totaling 864.6 m), South Fox Zone 2 (three holes totaling 237.2 m), and North Fox (6 holes totaling 668.5 m) prospects are pending.

Table 1. 2011 Drill Results Kelly Creek Prospect

11-KC-09, 11, 16, 17 and 18 no significant intersections.

The Property

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of national Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by national Instrument 43-101.

About Cedar Mountain Exploration Inc.

Cedar Mountain Exploration Inc. is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries.

Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD
Charles Chebry
Chief Executive Officer & Director
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:
www.cedarmountainexp.com or contact:
Anthony Huston
VP Business Development & Director
Tel: 604-697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Vancouver, British Columbia - Cedar Mountain Exploration Inc. (CED: TSXV) (“Cedar Mountain” or the "Company") is pleased to announce that ongoing mapping, soil sampling and diamond core drilling have confirmed a new gold district characterized by disseminated mineralization with strong stratigraphic controls at the Kelly Creek Project on the Seward Peninsula, Alaska.  There are now at least six drillable prospects with kilometre-plus long gold-in-soil anomalies and several additional occurrences awaiting assay results within a 10 by 20 km area. 

“We are pleased with the progress of the 2011 program which continues to advance the project’s signature as a new district with the potential to host multiple bulk tonnage gold deposits” stated Charles Chebry, President and CEO. “Initial drilling has been completed at three prospects and recent soil assays have upgraded and expanded three additional prospects to drillable status. Although assays are pending, preliminary XRF data have identified highly anomalous pathfinder elements in both soils and core.  We are very encouraged by the scale and character of mineralization in this new district.”

2011 Soil Surveys: Upgraded Prospects

Analytical data for soil surveys completed in late June and early July have upgraded the South Fox, North Fox, and Jaeger prospects to drillable status.

South Fox

The South Fox prospect is located 4.4 km west-northwest of Kelly Creek.  The new analytical data define two zones with highly anomalous gold values in soils.

Zone 1 is 1200 meters long and 50 to 150 m wide.  It is open in two directions along strike and gold values within the anomaly are up to 284 ppb. The host rocks are graphitic mica quartz schist in contact with micaceous marble. 

Zone 2 is 300 m long and 200 m wide.  It is open along strike in one direction and gold values within the anomaly are up to 132 ppb. Host rocks include carbonaceous and calcareous schist interlayered in calc-schist and micaceous marble. 

North Fox

The North Fox prospect is 3.3 km northwest of Kelly Creek.  The gold-in-soil anomaly is 500 m long and up to 300 m wide.  It is open in two directions along strike and gold values are up to 468 ppb within the anomaly.  There is a strong stratigraphic control as the host interval (which includes carbonaceous and calcareous schist and carbonaceous marble) is interlayered with micaceous marble. The host rock interval has been mapped eastward for an additional kilometre and the soil grid is being expanded to cover this possible extension of the prospect. Preliminary XRF data for soil and rocks indicate that the host rock interval is mineralized for at least another 500 m east of the initial 2011 soil grid.

Jaeger

The Jaeger prospect is located 11 km east-southeast of Kelly Creek. The gold-in-soil anomaly is 450 m long and 125 m wide.  It is open in two directions along strike and gold values are up to 125 ppb within the anomaly.  The host rocks include carbonaceous and calcareous schist in contact with schistose and micaceous marble.  The soil grid at Jaeger has been expanded to over 1 km of strike length to cover possible extensions of the prospect.

2011 Drilling Program: Status Update

As of August 13, initial drilling at Kelly Creek Zone 1 (12 holes totaling 1204 m), Kelly Creek Zone 2 (6 holes totaling 616 m), Wolf (4 holes totaling 473 m), and Wolverine (7 holes totaling 748 m) prospects has been completed.  The completed holes total over 3000 meters.  One rig is now drilling Zone 1 of the South Fox prospect and the other has moved to the North Fox prospect.

The initial drilling confirms that very carbonaceous and calcareous fine-grained schist and interlayered dark carbonaceous marble are important host rocks at Kelly Creek.  These lithologies also characterize parts of the Wolf and Wolverine prospects but other interlayered lithologies, including varieties of graphitic mica quartz schist and micaceous marble, can also be mineralized.  In places evidence of mineralization includes open vugs (some lined with quartz, pyrite, or calcite) or zones of strong quartz veining including stockworks.  But XRF scans of drill core show that many intervals carry highly anomalous arsenic (and in places antimony) contents that otherwise do not appear mineralized.  The XRF data are taken to confirm the disseminated character of the mineralization first encountered and recognized in Anaconda’s 1984 drill holes at the Kelly Creek prospect. There is a general correlation between arsenic and gold in the Anaconda drill holes as well as in the many soil surveys that have been completed in the district.  However, in all of the drilling to date, the only sulfide mineral identified is pyrite.  In addition to some pyrite along veins, fracture coatings, and in vugs, disseminated pyrite is ubiquitous in host rocks and reaches several percent in places.

Although favorable host rocks are very important to controlling mineralization in the district, another common characteristic found in drill core are several types and scales of brittle deformation.  Gouge zones and sheared and brecciated rocks are common.  In places sharply cross-cutting quartz veins are offset along minute shears, some en enchelon quartz veinlets are present, and a few broken stockworks are rehealed by silicification. It appears the host rocks were under stress at the time of mineralization.

New Prospective Areas

Reconnaissance geologic mapping and soil sampling have identified three new areas of potential gold-bearing rocks.  Two of the areas are about 4 km southeast of Kelly Creek and the other is about 6 km northwest of Kelly Creek.  The potentially mineralized rocks in all three areas include carbonaceous and calcareous schist and carbonaceous marble cut by quartz and calcite veins.  Preliminary XRF data show soils in these areas to have anomalous arsenic contents.

The Property

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of national Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by national Instrument 43-101.

About Cedar Mountain Exploration Inc.

Cedar Mountain Exploration Inc. is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries.

Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD
Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:
www.cedarmountainexp.com or contact:
Anthony Huston
VP Business Development & Director
Tel: 604-697-2862
Email: anthonyh@cedarmountainexp.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.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

The Company now has two drill rigs operating on the property, as well as an ongoing soil sampling program to identify new drill-ready targets.  The objective of the drilling and soil sampling program is to discover a new gold district, targeting a near-surface bulk tonnage gold deposit.

“The second drill rig will augment the current exploration program and allow us to expand upon additional gold targets identified at the project,” stated Charles Chebry, President and CEO. “As the program progresses throughout the summer, the Company is focused on effectively targeting numerous areas that show the potential for discovery.”

THE PROPERTY 

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district.  Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the Alaskan region.  For an overview of the current Kelly Creek Project status please see the Cedar Mountain press release dated January 25th, 2011.

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries.

Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD

Charles Chebry

President and CEO

Tel: (403) 283-0001

Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:

www.cedarmountainexp.com or contact:

Anthony Huston

VP Business Development & Director

Tel: 604-697-2862

Email: anthonyh@cedarmountainexp.com

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.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.

“We are very excited that the 2011 exploration program is now underway as we focus on drilling several of the large untested gold-in-soil prospects identified by the 2010 soil sampling program,” stated Charles Chebry, President and CEO. “Cedar Mountain’s strong technical team has a long history exploring for gold in Alaska and is set to aggressively advance this project.”

The objective of the drilling and soil sampling program is to discover a new gold district, targeting a near-surface bulk tonnage gold deposit. The exploration program will be based out of a 24-man camp located near the Company’s 800 metre airstrip at Kelly Creek (further details on the program can be found in the Company news release dated May 12, 2011).

The Property

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of National Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by National Instrument 43-101.

About Cedar Mountain Exploration Inc.

Cedar Mountain Exploration Inc. is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries. Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:

www.cedarmountainexp.com or contact:

Anthony Huston

VP Business Development & Director

Tel: 604-697-2862

Email: anthonyh@cedarmountainexp.com

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.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.

“We are very excited about the 2011 Exploration Program and focusing our exploration efforts in Alaska,” said Charles Chebry, President and CEO. “The 7 gold-in-soil target areas are an indication that the Kelly Creek Project contains several large gold systems.”

2011 Kelly Creek Exploration Program:

1. Tier 1 drilling of 5,000 metres at 3 multi-kilometre-scale gold-in-soil anomalies: Kelly Creek, Wolf, and Wolverine,
2. Detailed soil surveys in the South Fox, North Fox, Moose, and Jaeger areas to advance these prospects and guide additional 2011 drilling as required,
3. Generation of new gold prospects by aggressive follow-up (about 1,500 soil samples) of unevaluated soil and stream sediment gold anomalies in eight different areas,
4. Reconnaissance geochem soil sampling and geological mapping of newly staked and under-explored areas.

Logistics / Mobilization / Infrastructure

The 2011 program is planned to commence in mid-June. The exploration program will be based out of a 24-man camp located near the Company’s 800 metre airstrip at Kelly Creek and will be supported by fixed wing aircraft, helicopter, and all-terrain vehicles.

Initially, the Company-owned diamond rig will be moved by all-terrain vehicle which is more cost-effective than using a helicopter supported drill movement and re-supply. The Kelly Creek Project is favourably situated 65 km by overland trail to all-weather road. Also there are two nearby tidewater access points, 50 km to the north and 55 km to the south-west.

The Property

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of national Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by national Instrument 43-101.

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries. Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD

Charles Chebry, Chief Executive Officer

Tel: (403) 283-0001

Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:

www.cedarmountainexp.com or contact:

Anthony Huston, VP Business Development

Tel: 604-646-1598

Email: anthonyh@cedarmountainexp.com

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.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.

Vancouver, British Columbia - Cedar Mountain Exploration Inc. (“Cedar”) (CED: TSXV) (“Cedar Mountain” or the "Company") is pleased to announce today the appointment of Mr. Anthony Huston as a Director of the Company. Also, effective April 27, 2011, Mr. John Robins has stepped down as Director and will remain on the advisory board.

Mr. Huston has a background in management and finance having served as a Managing Partner with both public and private companies where he recently played an integral role in raising over $20M. Mr. Huston acted as lead financial advisor on a range of finance and acquisition transactions in many industry sectors including technology, bio-tech, and most recently the resource sector. He holds a Bachelor of Commerce degree from the University of British Columbia.

“Anthony will be an excellent addition to our Board offering his expertise in finance and corporate development as we continue to build the Company’s assets.” stated Charles Chebry, President and CEO.

The Company would like to thank Mr. Robins for his time and dedication to the growth of Cedar Mountain Exploration since its inception and is pleased to have him remain as an advisor to the Company.

“I remain committed to the future success of the Company and look forward to my continued involvement in my new role as a member of the advisory board” said John Robins.

The Board has approved the grant of 1,500,000 incentive stock options, exercisable at CDN$0.27 per share over a five-year period of which 1,100,000 are issued to Directors and Officers. These options will vest immediately.

The Property

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the Alaskan region. For an overview of the current Kelly Creek Project status please see the Cedar Mountain press release dated January 25th, 2011.

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a mineral exploration company with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The flagship Kelly Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain business strategy and demonstrates substantial potential for major gold discoveries. Cedar Mountain is a member of the Discovery Group of Companies: www.discoveryexp.com  

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development
Tel: 604-646-1598
Email: anthonyh@cedarmountainexp.com

In consideration for services provided to the Company in connection with the Private Placement, the Company has paid, to arm’s length parties, aggregate cash fees of $186,935 and issued an aggregate of 747,740 common share purchase warrants (each a “Finder’s Warrant”) as payment of finder’s fees.  Each Finder’s Warrant is exercisable to purchase one common share of the Company at an exercise price of $0.26 per share until March 8, 2013.

Proceeds from the Private Placement will be used for exploration of the Company’s Kelly Creek Gold Project in Alaska and for general working capital purposes.

All of the securities issued in connection with the Private Placement are subject to a four month hold period under applicable securities laws and the rules of the TSX Venture Exchange, expiring July 9, 2011.

The Company also announces that its Board of Directors has granted an aggregate of 450,000 stock options to directors, officers and consultants of the Company, including to a consultant performing investor relations activities, pursuant to the Company’s stock option plan.  Each stock option is exercisable to acquire one common share of the Company at a price of $0.28 per share for a term of five years.  The stock options are subject to regulatory approval.

The Property

The Kelly Creek Property is located on Seward Peninsula, Alaska 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district.  Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.  For a complete review of the current Kelly Creek Project status please see Cedar press release dated January 25th, 2011.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of National Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by National Instrument 43-101.

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a junior mineral exploration focused on gold resources in North America. Cedar is a member of the Discovery Group of Companies: www.discoveryexp.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development
Tel: 604-646-1598
Email: anthonyh@cedarmountainexp.com

ON BEHALF OF THE BOARD OF DIRECTORS

Charles Chebry
Chief Executive Officer

Tel: (403) 283-0001
Email: charles@chebry.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. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

In the event that, after the four month hold period on the Units has expired, the average closing price of the common shares of the Company is greater than $0.55 per share for any period of 10 consecutive trading days during the term of the Warrant, the Company may at its sole option, provide notice of such event to the holders of the Warrants and thereafter the Warrants will expire and cease to be exercisable on the date which is 30 calendar days after the notice is deemed delivered to the holders of the Warrants by the Company.

The Company may pay a finder's fee in cash or securities in connection with the Private Placement on terms to be negotiated by the Company.

The Company intends to use the proceeds from the private placement for exploration of Cedar's Kelly Creek Gold Project in Alaska and general working capital purposes. The private placement is subject to the approval of the TSX Venture Exchange.

The Property

The Kelly Creek Property is located on Seward Peninsula, Alaska 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district. Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region. For a complete review of the current Kelly Creek Project status please see Cedar press release dated January 25th, 2011.

The Company's disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of National Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by National Instrument 43-101.
CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a junior mineral exploration focused on gold resources in North America. Cedar is a member of the Discovery Group of Companies: www.discoveryexp.com

For more information on Cedar Mountain Exploration Inc., please visit the Company's website:

www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development
Tel: 604-646-1598
Email: anthonyh@cedarmountainexp.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. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer
Tel: (403) 283-0001
Email: charles@chebry.com

In the event that, after the four month hold period on the Units has expired, the average closing price of the common shares of the Company is greater than $0.55 per share for any period of 10 consecutive trading days during the term of the Warrant, the Company may at its sole option, provide notice of such event to the holders of the Warrants and thereafter the Warrants will expire and cease to be exercisable on the date which is 30 calendar days after the notice is deemed delivered to the holders of the Warrants by the Company.

The Company may pay a finder’s fee in cash or securities in connection with the Private Placement on terms to be negotiated by the Company.

The Company intends to use the proceeds from the private placement for exploration of Cedar’s Kelly Creek Gold Project in Alaska and general working capital purposes.  The private placement is subject to the approval of the TSX Venture Exchange.

The Property

The Kelly Creek Property is located on Seward Peninsula, Alaska 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district.  Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.  For a complete review of the current Kelly Creek Project status please see Cedar press release dated January 25th, 2011.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of National Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by National Instrument 43-101.  

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a junior mineral exploration focused on gold resources in North America. Cedar is a member of the Discovery Group of Companies: www.discoveryexp.com

ON BEHALF OF THE BOARD

Charles Chebry
Chief Executive Officer

Tel: (403) 283-0001
Email: charles@chebry.com

For more information on Cedar Mountain Exploration Inc., please visit the Company’s website:
www.cedarmountainexp.com or contact:

Anthony Huston
VP Business Development

Tel: 604-646-1598
Email: anthonyh@cedarmountainexp.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. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

“The results of our 2010 exploration program have further clarified the key controls on significant gold mineralization in the Kelly Creek Project” stated Charles Chebry, President and CEO of Cedar. “Cedar’s 2010 work indicated that the favorable geological setting which hosts the known mineralization at Kelly Creek continues northward, and we have extended our land holdings to cover the entirety of the district.”

The Property

The Kelly Creek Property is located on Seward Peninsula, Alaska 145 km north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration property comprising 105,280 acres (42,605 hectares) that cover an entirely new gold district.  Historic results indicate the presence of disseminated gold deposits in metasedimentary rocks. These deposits have similarities to disseminated gold deposits in Nevada and are a new type for the region.  For a complete review of the current Kelly Creek Project status please see Cedar press release dated January 25th, 2011.

The Company’s disclosure of a technical or scientific nature in this press release has been prepared by Dr. Travis Hudson, registered geologist, who serves as a Qualified Person under the definition of National Instrument 43-101. The Kelly Creek project represents an early stage property and does not contain any mineral resources as defined by National Instrument 43-101.  

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a junior mineral exploration focused on gold resources in North America. Cedar is a member of the Discovery Group of Companies: www.discoveryexp.com

Charles Chebry, B.Sc., CMA
Chief Executive Officer
Cedar Mountain Exploration Inc.
Tel: (403) 283-0001
Email: charles@chebry.com
Website: www.cedarmountainexp.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. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

“I am excited to join Cedar Mountain at such an exciting time in its development,” said Anthony Huston, Vice President of Business Development at Cedar. “I look forward to working with Cedar Mountain’s team on developing strategic partnerships and market awareness.”

“With the addition of Mr. Huston we continue to round out our core management team.” commented Charles Chebry, President and CEO of Cedar. “Mr. Huston and I will focus on improving Cedar’s visibility and seeking out new opportunities within Canadian capital markets and the international mining community."

Anthony attained his formal business education at The University of British Columbia, where he graduated with a bachelor of Commerce degree.  Mr. Huston has played an integral role in the successful start-up, development and management of several businesses. His passion and knowledge of business and years of public relations enhance his ability to expand Cedar’s investor base and brand awareness.

The Property

The Kelly Creek Property is located on the Seward Peninsula in Alaska’s prolific Nome mining district.  Kelly Creek is a drill-permitted early-stage gold exploration property comprising 89,600 acres (36,260 hectares).  Historic results indicate the presence of a sediment-hosted gold deposit within a mining district that has historically recorded placer gold production of 5 million ounces.

CEDAR MOUNTAIN EXPLORATION INC. (CED: TSX-V) is a junior mineral exploration focused on gold resources in North America. Cedar is a member of the Discovery Group of Companies: www.discoveryexp.com

Charles Chebry, B.Sc., CMA
Chief Executive Officer
Cedar Mountain Exploration Inc.
Tel: (403) 283-0001
Email: charles@chebry.com

Website: www.cedarmountainexp.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. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com