Company seeks greater clarification from NWDACE

TORONTO and JOHANNESBURG, Jan. 20 /CNW/ - First Uranium Corporation

(TSX:FIU, JSE:FUM) (ISIN:CA33744R1029) ("First Uranium" or "the Company") has

been notified by the North West Provincial Government's Department of

Agriculture, Conservation, Environment and Rural Development ("NWDACE") of

their decision to withdraw the Company's environmental authorization ("EA")

for a new Tailings Storage Facility ("TSF") designed to accommodate future

tailings deposition capacity requirements at the Company's MWS tailings

recovery project in South Africa.

NWDACE's decision to withdraw the EA was unexpected, as the Company had,

in December 2009, secured the withdrawals of two of three previously filed

third-party appeals. First Uranium had been advised that the third appeal

would also be withdrawn.

"The Company is currently seeking clarification from NWDACE's regarding

their apparent decision, before undertaking any action," said Gordon Miller,

President and CEO of First Uranium. "We will keep shareholders informed as

more information becomes available."

As previously disclosed, MWS received a positive record of decision

("RoD") from NWDACE in July 2009 to construct the TSF. After the RoD was

received, three appeals were then lodged by interested third parties with the

offices of the Member of the Executive Council (the "MEC") for the Northwest

Province. In reaction to the appeals, the MEC subsequently advised MWS that

the RoD was being suspended pending the outcome of the appeal process governed

by the National Environmental Management Act ("NEMA"). In October 2009, NWDACE

notified MWS that they intended to withdraw the RoD. MWS submitted its

response on November 5, 2009 to NWDACE, recommending a retrospective

authorization process under NEMA to address NWDACE's issues.

Cautionary Language Regarding Forward-Looking Information

This news release contains and refers to forward-looking information

based on current expectations. All other statements other than statements of

historical fact included in this release including, without limitation,

statements regarding production and development plans and future plans and

objectives of First Uranium are forward-looking statements (or forward-looking

information) that involve various risks and uncertainties. These

forward-looking statements are made as of the date hereof and there can be no

assurance that such statements will prove to be accurate, such statements are

subject to significant risks and uncertainties, and actual results and future

events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking

statements that are included herein, except in accordance with applicable

securities laws.

Important factors could cause actual results to differ materially from

First Uranium's expectations. Such factors include, among others: the timing

and amount of estimated future production and the costs thereof; the failure

of plant, equipment or processes to operate as anticipated; accidents; labour

disputes; delays in obtaining governmental approvals, as well as those factors

discussed under "Risk Factors" in First Uranium's Annual Information Form

dated June 29, 2009 as filed with securities regulatory authorities in Canada.

Although First Uranium has attempted to identify important factors that could

cause actual results to differ materially, there may be other factors that

cause results not to be as anticipated, estimated or intended.

About First Uranium Corporation

First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of

becoming a significant low-cost producer of uranium and gold through the

expansion of the underground development to feed the new uranium and gold

plants at the Ezulwini Mine and through the expansion of the plant capacity of

the Mine Waste Solutions tailings recovery facility, both operations situated

in South Africa.

-30-

/For further information: Bob Tait, Vice President, Investor Relations,

at bob@firsturanium.ca, (416) 342-5639 (office) or (416) 558-3858 (mobile),

1240-155 University Avenue, Toronto, ON, M5H 3B7/