Mr. Jean Mayer of Blue Note reports

BLUE NOTE RESUMES DRILLING AND UPDATES TECHNICAL REPORTS AT CROINOR

Blue Note Mining Inc. and Critical Elements Corp. have resumed a 3,000-metre diamond drill program at the Croinor gold project located near Val d'Or, Que.

Blue Note is also in the process of updating the mineral resources and mineral reserves for Croinor that were previously estimated in 2009 to include the results from the 2010 and 2011 drilling campaigns. The 2009 mineral resource estimate totalled 814,228 tonnes (measured and indicated) grading 9.11 grams per tonne gold with a cut-off grade of five g/t. Based on a positive prefeasibility study completed in 2010, mineral reserves were reported at 689,829 tonnes (proven and probable) grading 8.35 g/t gold for a total of 185,260 ounces of minable gold (see National Instrument 43-101 compliant technical reports prepared in September, 2009, and August, 2010, and revised in June, 2011, available on SEDAR).

In 2010 and 2011, there have been 12,744 metres of additional drilling completed in 49 exploration diamond drill holes at Croinor. The recent exploration drill programs have focused both on extending mineralized lenses in the immediate area of the current mineral reserves as well as testing along strike to the east and west of the deposit and at depth, with positive results obtained in all areas of the programs (see press releases dated Sept. 8, 2010, Oct. 18, 2010, Nov. 11, 2010, April 26, 2011, May 18, 2011, and Aug. 25, 2011).

A wireframe model of the mineralized lenses is now being constructed, which will lead to a computer-generated block model and a new mineral resource estimate. Upon completion, the prefeasibility study, which will include an updated mineral reserve, will be updated.

InnovExplo, a consulting firm based in Val d'Or, is preparing the geological model of the Croinor deposit and will be preparing the updated mineral resources and mineral reserves estimate and prefeasibility study. The current diamond drilling is being carried out by Forages La Virole and supervised by InnovExplo staff under Carl Pelletier, PGeo, a qualified and independent person as defined under NI 43-101 guidelines.

Stephane Dubois, PEng, vice-president, operations, of Blue Note, is a qualified person as defined under NI 43-101 guidelines and has reviewed the technical information contained in this release.

We seek Safe Harbor.

Glorieux