Firesteel featured on CEO Clips on Biography Channel



    Trading Symbol: FTR - TSX: V

    VANCOUVER, March 25 /CNW/ - Mr. Walter Wakula, President and CEO of
Firesteel Resources Inc. ("Firesteel" or the "Company") is pleased to announce
that Firesteel will be featured on CEO Clips during the next week. CEO Clips
is a series of two-minute corporate profiles on Canadian companies and is
broadcast on The Biography Channel throughout the day and evenings. It will
also be posted on Yahoo Finance Canada, stockhouse.ca and MSN Finance as well
as Firesteel's website, www.firesteelresources.com.
    The tape features Mr. Wakula discussing the Company's principal
operations, plans and its strategies in both the minerals and the oil sands
segments of its business. He discloses plans to allocate $2 million to an
exploration program which will enable Firesteel to drill 10,000 to
12,000 meters on its copper/gold properties in northern British Columbia.
Wakula also discloses future plans for Firesteel's affiliated company,
Blacksteel Oil Sands Inc., to drill 5 to 7 wells on its oil sands properties
in north western Alberta.
    In announcing this CEO Clip Mr. Wakula stated: "The CEO Clip is an
excellent medium to help Firesteel get the Company's message out to its
shareholders and to prospective investors. In the coming weeks we look forward
to providing additional information on our exploration and financing plans
both by news release and through conferences and a road show which are
scheduled during April."

    Firesteel is a junior exploration company which explores for and develops
quality precious and base metal prospects in British Columbia, the NWT and
Mexico. Firesteel has recently been actively drilling and trenching on its
Copper Creek property in northern British Columbia with strong indications of
copper and gold mineralization. Firesteel has entered the oil sands business
through its purchase of oil sands leases in the Peace River Area of Alberta
and through its shareholdings in Blacksteel Oil Sands Inc.

    ON BEHALF OF THE BOARD OF DIRECTORS OF
    FIRESTEEL RE

SOURCES INC. "Walter Wakula" ------------------------ Walter Wakula, President and CEO The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Advisory Regarding Forward Looking Statements This news release contains forward-looking statements which include, but are not limited to: statements regarding future drilling, expectations for exploration prospects, as well as operations plans, outlook, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Firesteel believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurance that such expectations will prove to be correct. Results of the Company may be affected by a variety of variables and risks associated with mineral and oil and gas exploration, production and transportation, such as loss of market, volatility of commodity prices, currency fluctuations, imprecision of resource and reserve estimates, environmental risks, competition from other producers, ability to access sufficient debt and equity capital from internal and external sources, ability to generate sufficient cash flow from operations to meet its current and future obligations, and risks associated with existing and potential future lawsuits and regulatory actions made against the Company; as a consequence, actual results could differ materially from those anticipated or implied in the forward-looking statements. The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement and are made as of the date of this news release. Unless otherwise required by applicable securities laws, the Company does not intend nor does it undertake any obligation to update or review any forward-looking statements to reflect subsequent information, event, results or circumstances or otherwise. %SEDAR: 00004336E

For further information:

For further information: (604) 669-5768, 1-888-669-5768 or visit our web
site at www.firesteelresources.com

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