DRIFT LAKE RESOURCES INC. DRIFT LAKE ANNOUNCES GRANT OF OPTIONS

Not for distribution to United States newswire services or in the United States

Toronto, Ontario – August 19, 2010

Drift Lake Resources Inc. (TSX-V: DLA) (the "Corporation") announces that pursuant to the 2007 Stock Option Plan, the Corporation has granted an aggregate of 350,000 stock options exercisable at a price of $0.135 per share and exercisable for a period of five years, all of which were issued to the Corporation's directors and officers.

About Drift Lake

Drift Lake Resources Inc. is a Toronto based mineral exploration company, currently focused on the exploration for gold on the Rossmere Property in the Thunder Bay Mining Division of Ontario.

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.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this press release.

Certain information regarding Drift Lake Resources Inc. contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Drift Lake Resources Inc. believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Drift Lake Resources Inc. cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Drift Lake Resources Inc. currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.

For further information please contact:

L.M. (Gino) Falzone
President & CEO
gfalzone@driftlake.com
905-773-7526