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VG.V ·

Board Appointment and Stock Options

Management Changes Share Capital & Compensation

VOLCANIC METALS CORP.

Suite 700, 510 West Hastings Street Vancouver, BC V6B 1L8 Tel: (604) 568-6312 / Fax: (604) 357-1419

For Immediate Release TSX-V: VOL

Board Appointment and Stock Options

September 21, 2010 – Vancouver, BC, Canada. Volcanic Metals Corp. (the "Company") is pleased to announce the appointment of Larry Yopyk to its Board of Directors. The Company further reports that it has granted an aggregate of 370,000 options to directors and consultants of the Company pursuant to its Stock Option Plan. The options will be exercisable at a price of $0.16 per share for a period of 5 years.

ON BEHALF OF THE BOARD

VOLCANIC METALS CORP.

/s/ John LaGourgue

John LaGourgue President, Chief Operating Officer and Director

For further information contact:

John LaGourgue (604) 568-6312 http://www.volcanicmetals.com

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.

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