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Re:   News Release - Wednesday, May 05, 2010
      Corporate Update
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Vancouver, BC, Canada, - May 5, 2010 - Western Standard Metals Ltd.
(TSX-V: WSM) (the "Company" or "Western Standard") wishes to announce
that Ms. Kristina Walcott has been appointed to the Board of Directors.
 Ms. Walcott has worked in the mining and exploration industry for over
twenty years, having served in an executive capacity with Freegold
Ventures Limited  ("Freegold") as VP Business Development and is now
currently President and CEO of Freegold.

Mr. Wayne Melvin has resigned from the Board.  The Board thanks Mr.
Melvin for his 15 years of service to the Company.

Additionally, the Company has approved a new Stock Option Plan (the
"Plan").  The new Plan will reserve up to 10% of the issued shares from
time to time, as a "rolling stock option plan" for insiders, employees
and other service providers to Western Standard.

In addition, the new Plan will limit the number of stock options, which
may be granted to any one individual to not more than 5% of the total
issued shares of the Company in any 12 month period, and not more than
10% of the total issued shares to all insiders (at any time or granted
over any 12 month period).  The number of options granted to any one
consultant, or a person employed to provide investor relations
activities, in any 12 month period must not exceed 2% of the total
issued shares of the Company.  Any stock options granted under the new
Plan will not be subject to any vesting schedule, unless granted to a
person providing investor relations services, in which case, the stock
option will vest over 12 months.

The Company has granted incentive stock options to eligible directors,
officers, employees and consultants to purchase up to 3,600,000 common
shares of the Company.  The options have a term of five years and can
be exercised at a price of $0.25 per share.  The foregoing Plan is
subject to the approval of the shareholders of Western Standard and the
TSX Venture Exchange.

About Western Standard Metals Ltd.

Western Standard Metals Ltd. is a Canadian based company, listed on the
TSX Venture Exchange, with a focus on acquisition, exploration and
development of gold properties in North America.  Western Standard
holds a 100% interest in the Almaden Gold Project and the Crane Creek
Gold Project in Idaho, United States.  Western Standard has optioned
from Freegold the right to acquire a 50% interest in each of the Golden
Summit and the Vinasale Gold Projects in Alaska.

The Almaden Gold Project in Idaho, United States, hosts a NI43-101
compliant measured resource of 239,000 ounces of gold (9,810,000 tonnes
grading 0.754 g/t), an indicated resource of 625,000 ounces of gold
(29,250,000 tonnes grading 0.651 g/t), and an inferred resource of
84,000 ounces of gold (4,780,000 tonnes grading 0.549 g/t), at the
cut-off grades of 0.274 g/t, 0.411 g/t, and 0.789 g/t grams per tonne
for the oxide, mixed, and sulfide mineralization, respectively. 


WESTERN STANDARD METALS LTD.

"Alvin Jackson, P.Geo"
Chairman & CEO

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 NEWS
RELEASE.

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Copyright (c) 2010 WESTERN STANDARD METALS LTD. (WSM)  All rights
reserved.  For more information visit our website at
http://www.westernstandardmetals.com/ or send
mailto:info@westernstandardmetals.com
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