LANGLEY, CANADA, August 18, 2009 - Shoreham Resources Ltd. (the "Company" or "Shoreham") (TSX-V: "SMH"), a Canadian exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in Guyana and Canada, is pleased to announce that the Company has signed an Agreement with Case Development Company Ltd., a company incorporated in Guyana and at arm's length to Shoreham, pursuant to which Shoreham has been granted an option to acquire a 100% interest in the Five Star Gold property (the "Property"), located on Map Sheet 4SW "AMAKURA" in Guyana, which consists of fourteen Medium Scale Prospecting Permits and encompasses an area of approximately 13,000 acres near Matthew's Ridge in northwestern Guyana. Subject to the acceptance of the TSX Venture Exchange, in order to acquire a 100% interest in the Property, the Company is required to pay to Case Development an aggregate of US$ 85,000 and issue to Case Development an aggregate of 400,000 common shares of Shoreham Resources Ltd. over a period of four years. The Property is subject to a 3% net smelter return ("NSR") royalty payable to Case Development. The Company will have the option, at any time prior to commencement of commercial production on the Property, to reduce the NSR royalty to 1% upon paying to Case Development the aggregate amount of US$ 3,000,000. There are no work commitments other than to maintain the Property in good standing. A finders fee in shares, subject to Exchange approval, is payable to an arm's length individual for providing the Company with the opportunity to acquire this property.

The Property has been held and evaluated by Golden Star Resources Ltd. and HGB Ventures Ltd. The Property was recently held for three years by Gold Port Resources Ltd. without documented sampling or other work. Three phases of soil and Mobile Metal Ions (MMI) geochemistry previously conducted by HGB Ventures show gold bearing zones with similar stratigraphic and structural controls as the adjoining targets on Shoreham's Whana Packages. Combined with the Whana Licenses, this package represents a strong assemblage of drill targets (to be refined with deep auger profiles and mapping) with a reasonable expectation of discovering one or more gold deposits. A total of 1,114 soil samples were taken by HGB. Reported grades ranged from trace to a high of 80.2 g/t Au. Seven more samples were above 1 g/t Au and 40% of the samples returned values greater than 20 ppb Au. MMI Samples (463) ranged between <0.25 ppb Au to 19.2 ppb Au. Rock samples (50 in total) 26 grab and 24 channels ranged from trace to 19.8 g/t Au. This data is from historical sources and does not conform to NI 43-101 standards nor has it been verified by a qualified person but comes from reliable sources. Analytical results were obtained from recognized laboratories using standard procedures.

Ten groups of artisanal miners are currently working on the Property with permission from the proprietor with four and six inch monitors and crude gravity systems. Shoreham has no production records but the area has been active for many years. Current activity is stifled by deteriorating access roads which Shoreham will rehabilitate as part of its work program. Examination of the alluvial work areas will be part of Shoreham's initial examinations, since these areas are generally the most accessible mineralized outcrops for sampling.

The Five Star Property lies to the north of and is contiguous with Shoreham's Whana Project and the Company's Reis and Yearwood properties and has been the site of significant soil sampling and exploration activity. The gold anomaly contours are comparable to those on Shoreham's Reis and Yearwood portions of the Whana Project and it is intended that this will be followed up this fall with road rehabilitation and TRADO profiles to refine target development. Shoreham intends to initiate backhoe trenching for structural control as conditions and logistics permit in preparation for systematic diamond drilling with emphasis on development of large tonnage low grade gold targets as logical extensions of the work on the Whana and Black Banana License areas. A budget of US$ 500,000 has been allowed for the first year's work. For a more detailed description of the Five Star Property please click on this link http://shoreham.ca/property_five_star.php or visit our website at www.shoreham.ca.

David Bending, M.Sc., P.Geo., President and CEO of Shoreham Resources Ltd. is a Qualified Person as defined in National Policy 43-101 ("NI 43-101"), and is responsible for and has reviewed all technical information contained in this news release. Mr. Bending reports that: "The Five Star Property will significantly expand our Guiana Shield Whana Project and will add numerous geochemical targets which can be quickly brought to the drill stage and will result in overall cost sharing as part of our overall Black Banana and Whana East Project. Preparations are underway to evaluate seven geochemical targets identified on the three properties. TRADO drilling and trenching will begin this fall in order to define targets for diamond drilling early next year.".

For further information please visit our website at www.shoreham.ca or contact our President and CEO Mr. David A. Bending at 604-533-9288. You may also go to www.agoracom.com where you can view comments posted on their site or contact our Investor Relations Representative, Mr. Mike Kachanovsky via email at mkachanovsky@shoreham.ca or Pro-edge Consultants Inc., Tracy Weslosky, at 416-581-1717 or via email at tracy@pro-edge.com.

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.