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TORONTO, ONTARIO -- (Marketwire) -- 03/15/13 -- Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX: CFB) is pleased to announce that it will hold its Annual General Meeting in Toronto on Wednesday, May 15, 2013 (the "Meeting"). The Meeting will be followed by a corporate presentation. Further details regarding the Meeting will be released at a later date.

About Chieftain Metals Inc.:

Chieftain's principal business is the acquisition, exploration and development of mineral properties. Since incorporation, the Company's business has focused entirely on the acquisition, and thereafter the development, of the Tulsequah Chief Polymetallic Project, in north-western British Columbia, Canada. Chieftain's Property consists of 52 mineral claims and Crown-grants covering approximately 25,700 hectares and covers two previously producing mines. For more information on Tulsequah and related projects, please refer to the Company's NI 43-101 compliant technical reports, being "Technical Report for the Tulsequah Chief Project of Northern British Columbia, Canada" with an effective date of December 12, 2012 as well as "Tulsequah Chief Deposit, Tulsequah Chief Property, Northern British Columbia" and "Big Bull Project, Tulsequah Chief Property, Technical Report, Northern British Columbia", each dated as of November 8, 2010, which are available under the Company's profile on SEDAR (www.sedar.com).

Forward-Looking Information:

This press release includes certain "forward-looking statements" within the meaning of the Ontario Securities Act or other laws or regulations. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization, mineral resources or reserves, exploration results, future plans and objectives of Chieftain Metals Inc. are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.



Contacts:
Chieftain Metals Inc.
Victor Wyprysky
President & CEO
(416) 479-5411
vw@chieftainmetals.com