Golden Share Mining Corporation TSX VENTURE: GSH Other Recent News

November 5, 2009 Golden Share Starts Drilling on Malartic Lakeshore MONTREAL, QUEBEC--(Marketwire - Nov. 5, 2009) - Golden Share Mining Corporation (TSX VENTURE:GSH) is pleased to provide an additional update on its 2009 fall drilling programs. The diamond drilling program on the Malartic Lakeshore property has started and is now in progress. Several deep holes will be drilled to transect the entire RLM shear zone and reach depths where resistivity and chargeability anomalies are best developed. An update will be provided as work progresses. A detailed IP survey was executed in July 2009 on Malartic Lakeshore with the objective to define the depths extensions of the auriferous mineralization recognized on the RLM prospect, a 320 m long by 50 m wide mineralized zone comprising a network of gold bearing quartz veins where both high grade gold intersections and wide mineralized intercepts have been obtained in Golden Shares previous drilling campaigns (see news release dated September 23rd 2009). The IP survey confirmed the vertical extension of the mineralized system at depth and defined drill targets associated with resistivity highs characteristic of quartz veining. Chargeability anomalies, indicative of the probable presence of sulphides, are also associated with some of the resistivity anomalies. Golden Shares exploration programs are under the supervision of Mrs. Laurence Huss, P. Geo., and Vice-President Exploration. Philippe Giaro, P. Geo., President and CEO of Golden Share Mining Corporation and Qualified Person for Golden Share, has reviewed and approved the content of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION: Golden Share Mining Corporation Philippe Giaro, President & CEO 32-473-52-30-29 or Golden Share Mining Corporation Denis Tremblay, Vice-President 1-514-866-4224 1-514-866-4224 www.goldenshare.ca or CHF Investor Relations Cathy Hume, CEO 1-416-868-1079 x231 INDUSTRY: Manufacturing and Production - Mining and Metals