CUE Cue Resources Ltd.

Further to the news release on Nov. 17th, 2010, Cue Resources Ltd. (TSX
VENTURE:CUE)("Cue" or the "Company") has commenced the continuation of drilling
on the San Antonio uranium deposit located on the Company's 100% owned Yuty
project in Paraguay. Drilling will consist of 30 holes totaling approximately
3600 meters and will test the western extension of the main deposit. Cue is
utilizing three drills to meet the targeted completion date of Dec. 31st, 2010.
(To see a map of the Yuty Project San Antonio Uranium Deposit, please go to the
following link: http://media3.marketwire.com/docs/icue1122.pdf)


This current round of drilling is a continuation of the exploration started by
Cue in July of 2007. Since that time, Cue has drilled approximately 28,000
meters, in 223 holes, resulting in an NI 43-101 compliant resource including an
Indicated Resource of 9.0M tonnes @ 0.042% eU3O8 containing 8.3M lbs eU3O8 and
an Inferred Resource of 1.1M tonnes @ 0.050% eU3O8 containing 1.2M lbs eU3O8.


The company is targeting shallow, roll front related, uranium in sedimentary
rocks. The basal sandstone unit (San Miguel Formation) is a favorable host for
uranium mineralization. 


"We are committed to continue the exploration of the San Antonio deposit in
areas not previously drilled. This phase of drilling could determine the
boundaries of the western extension of the main deposit and further define the
parameters of the deposit. From this data, we will determine the next phase of
drilling to follow," stated Robert Tyson, President and CEO of the Company.


About Cue Resources

Cue Resources Ltd. is focused on developing the Yuty Uranium District in
south-eastern Paraguay. Two major drilling campaigns have been completed by Cue
leading to the completion of the most recent NI 43-101 compliant resource
reporting an Indicated Resource of 9.0M tonnes @ 0.042% eU3O8 containing 8.3M
lbs eU3O8 and an Inferred Resource of 1.1M tonnes @ 0.050% eU3O8 containing 1.2M
lbs eU3O8. Column leach tests have demonstrated recovery of up to 86% of the
contained uranium from cores taken from San Antonio. In addition, laboratory
testing on drill cores has shown permeability and porosity values within the
range of existing commercial ISR operations. For detailed information, please
see the Cue web site at http://www.cue-resources.com.


Chris M. Healey, P.Geo, a director of Cue, is the Qualified Person responsible
for the technical content of this release.


On behalf of the Board of Directors

Robert S. Tyson, President and Chief Executive Officer

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