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VG.V ·

Volcanic Appoints Slusarchuk as Advisor

Management Changes

VOLCANIC METALS CORP.

#700, 510 West Hastings Street

Vancouver, British Columbia V6B 1L8

Telephone: (604) 568-6312 Fax: (604) 357-1419

VOLCANIC APPOINTS SLUSARCHUK AS ADVISOR

Vancouver, BC, Canada – June 1, 2010 – Volcanic Metals Corp. (the “Company” or “Volcanic”) (TSX- V: VOL) reports that Mr. Bryan Slusarchuk has resigned from the company's Board of Directors. He remains committed to the growth of the company and will act in an advisory role as the company conducts the first ever large scale and systematic modern exploration of the Gjegjan mining region located in Albania.

Mr. Slusarchuk states, "Volcanic is a potential world-class opportunity at Gjegjan. The company is well positioned to execute on this opportunity with a solid treasury, a strong leadership team and excellent technical professionals. I look forward to providing whatever support the company requests from me as they execute their plan."

Mr. John LaGourgue, President and COO, thanks Mr. Slusarchuk on behalf of the company for his involvement to date and looks forward to his continued assistance as exploration ramps up onsite.

About Volcanic Metals Corp.

Volcanic Metals Corp. is a mineral exploration company headquartered in British Columbia, Canada. The company’s focus is on the discovery of base and precious metal deposits of economic value in Albania. The Company is currently conducting the first ever geological evaluation by modern exploration methods of the Gjegjan Mining District located in northeastern Albania. The Company is listed on the Toronto Venture Exchange under the symbol VOL.

ON BEHALF OF THE BOARD

VOLCANIC METALS CORP.

/s/ John LaGourgue

John LaGourgue President, Chief Operating Officer and Director

For further information, contact:

Volcanic Metals Corp. Renmark Financial Communications Inc.

John LaGourgue Christine Stewart: [email protected] Tel.: (604) 568-6312 Barry Mire: [email protected] http://www.volcanicmetals.com Tel.: (514) 939-3989 or (416) 644-2020 www.renmarkfinancial.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