Volcanic Grants Options

VOLCANIC METALS CORP. NEWS RELEASE

VOLCANIC GRANTS OPTIONS

November 2, 2011, Vancouver - Volcanic Metals Corp. (TSX.V: VOL) ("Volcanic" or the “Company”) announces that it has granted an aggregate of 400,000 incentive stock options exercisable at $0.10 for a period of five years to directors and officers of the Company. The options are subject to the approval of the TSX Venture Exchange.

To learn more, please visit the Company’s website at: www.volcanicmetals.com. For information on Volcanic Metals Corp. contact:

Larry Johnson, B.Sc. (Geology)

President & CEO (604) 644-9213

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.

Tel: (604) 568-6312 www.volcanicmetals.com