Panthera Exploration Inc. (TSX-V: PNX, FSE: OAY1 (WKN A0RK7E), "Panthera" or the "Company") is pleased to announce that it has received the approval of its shareholders and the TSX Venture Exchange regarding the change of its name from Panthera Exploration Inc. to "IRON SOUTH MINING CORP.".

Effective at the opening of trading on February 28, 2012, the Company's common shares will be called for trading on the Exchange under the new name of Iron South Mining Corp. The Company's new trading symbol will be "IS". The shareholders also approved the amendment to the Company's Articles, which are available at www.sedar.com.

About Iron South Mining Corp.

Iron South is a Vancouver-based iron ore exploration company led by an industry-renowned management team with technical expertise and market experience. Iron South has entered into an option agreement, subject to regulatory approval, to earn 100% interest in the Fierro high-grade iron ore project, located in Rio Negro, Argentina located immediately adjacent to the producing Minera Sierra Grand iron mine, owned by Metallurgical Corporation of China Ltd. Management is planning an aggressive exploration program at Fierro and continues to evaluate acquisitions to build its property portfolio with a focus on iron ore projects with established value and significant upside potential. Iron South is a member of the Grosso Group, a management company specializing in resource exploration since 1993.

ON BEHALF OF THE BOARD
      "Gerald Carlson"      
Dr. Gerald Carlson, President & CEO

For further information please contact:

Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
Email: info@ironsouthmining.com