BUL Bullman Minerals

Bullman Minerals Inc. (TSX.V: BUL) is pleased to announce the results of its first drill program on the Siguiri Gold Project located in northeast Guinea, West Africa. The program started the last week of November 2013 and was completed the first week of March 2014. The 55 hole program comprised 2,220 m of diamond drilling (DD) and 7,655 m of reverse circulation (RC) drilling. Results from this program along with historic drilling (37,325 m) will be used to complete an independent NI43-101 compliant mineral resource estimate later in 2014.

Highlights

• Selected intersections from four deposits hosted along a 16 km shear zone are:
  • Shawn deposit – 45.5 m grading 2.44 g/t gold (SDD13-009) and 46.2 m grading 1.90 g/t gold (SDD14-012),
  • Fadiougoula deposit – 21.0 m grading 1.27 g/t gold (SRC13-310),
  • FK deposit – 9.0 m grading 2.68 g/t gold (SRC13-297), and
  • Tinko deposit – 17.0 m grading 0.97 g/t gold (SRC13-319),
• The drill program confirmed and extended the near surface gold mineralization intersected in historic drill programs and exposed in artisanal pits.
• Twin diamond drill holes of three historic RC holes returned similar intervals and grades as the historic RC holes.
• The twin holes along with the historic QA-QC program have verified the quality of the historic database.
• Near surface gold mineralization is amenable to open pit extraction and heap leach processing similar to the nearby SAG mine located 30 km to the west, however additional testwork is required to confirm this mining and processing scenario.

The Siguiri Gold Project covers a 248 square km area and is comprised of three exploration permits organized into two concession blocks, a North Block comprised of two permits and a South Block comprised of a single permit. The project is underlain predominantly by fine grained sedimentary rocks comprised of siltstone, argillite and immature sandstones. A north to northeast striking shear zone that is over 60 km long extends across both the North and South Block, and is host to gold mineralization exposed in artisanal pits and intersected at depth in drill holes.

In the North Block, four deposits from north to south (FK, Tinko, Shawn and Fadiougoula) are hosted along part (>16 km) of this shear zone and were the focus of the historic and recently completed drill programs (Table 1). The FK, Tinko and Fadiougoula deposits have been drilled on east-west fences spaced 200 m apart with 50 m collar spacing along the fences, whereas the Shawn deposit has been drilled on fences spaced 100 m apart and similar 50 m collar spacing. Most of the holes were angle holes (-50 to -60°) drill towards the west to approximately 150 m vertically below surface; several diamond drill holes were drilled to 200 to 250 m below surface. Gold mineralization is associated with moderately developed quartz stockworks and sheeted veinlets that have been oxidized to depths varying from 40 to over 100 m below surface. Additional infill drilling is required to outline the higher grade “shoots” within the extensive mineralized zones outlined to date. The mineralization is open at depth and to the south where the shear zone hosting the gold mineralization on the North Block permit extends onto the South Block permit. The South Block permit has seen limited exploration (shallow air core drilling) to date, but has extensive artisanal workings coincident with the projection of the shear zone.

Table 1: Selected drill intersections from the 2013-2014 Siguiri Drill Program.

Hole ID   Deposit   Section   From (m)   To (m)   Interval (m)1     Au   Comments SDD14-015   FK   82000N   172.0   180.9   8.8     0.82     SRC13-298   FK   81400N   20.0   39.0   19.0     1.24     SDD14-013   FK   81200N   0.0   23.5   23.5     0.63     SDD14-013   FK   81200N   35.0   46.0   11.0     2.12     SDD14-013   FK   81200N   116.0   153.0   37.0     0.52     SRC13-295   FK   80400N   103.0   126.0   23.0     0.46     SRC13-297   FK   80200N   85.0   94.0   9.0     2.68     SRC13-319   Tinko   75950N   2.0   13.0   11.0     0.72     SRC13-319   Tinko   75950N   70.0   87.0   17.0     0.97     SDD13-007   Shawn   71850N   9.0   21.0   12     2.47   Reported Jan. 3, 2014 SDD13-007   Shawn   71850N   35.0   37.0   2.0     5.08   Reported Jan. 3, 2014 SDD13-007   Shawn   71850N   69.0   79.0   10.0     2.06   Reported Jan. 3, 2014 SDD13-007   Shawn   71850N   195.7   200.7   5.0     4.50   Reported Jan. 3, 2014 SDD13-007   Shawn   71850N   269.0   278.5   9.5     0.55   Reported Jan. 3, 2014 SDD13-002   Shawn   71650N   153.0   157.0   4.0     1.34     SDD13-002   Shawn   71650N   230.0   323.5   93.5     1.01     SDD13-006   Shawn   71650N   125.0   158.0   33.0     0.54     SDD13-006   Shawn   71650N   273.0   278.0   5.0     1.46     SDD13-006   Shawn   71650N   314.0   372.0   58.0     0.37     SDD13-001   Shawn   71650N   0.0   14.8   14.8     0.60     SDD13-001   Shawn   71650N   31.0   35.8   4.8     1.23     SDD13-001   Shawn   71650N   51.8   77.3   25.5     0.70     SDD14-012   Shawn   71650N   0.0   46.2   46.2     1.90     SDD14-012   Shawn   71650N   83.0   95.5   12.5     0.79     SDD13-004   Shawn   71450N   125.0   140.5   15.5     2.16     SDD13-004   Shawn   71450N   147.0   151.1   4.1     3.95     SDD13-004   Shawn   71450N   177.1   204.2   27.1     0.82     SDD13-005   Shawn   71450N   127.0   150.0   23.0     0.57     SDD13-005   Shawn   71450N   179.0   199.0   20.0     0.77     SDD13-003   Shawn   71450N   4.0   23.0   19.0     1.42     SDD13-003   Shawn   71450N   44.5   80.0   35.5     2.02     SDD13-003   Shawn   71450N   96.5   103.0   6.5     3.38     SDD13-008   Shawn   71250N   64.0   82.0   18.0     1.58   Reported Jan. 3, 2014 SDD13-008   Shawn   71250N   89.0   105.0   16.0     0.70   Reported Jan. 3, 2014 SDD13-008   Shawn   71250N   109.0   120.0   11.0     5.65   Reported Jan. 3, 2014 SDD13-009   Shawn   71250N   127.1   139.0   11.9     0.86     SDD13-009   Shawn   71250N   151.0   196.5   45.5     2.44     SRC13-287   Shawn   71250N   13.0   53.0   40.0     4.12   Reported Jan. 3, 2014 SDD14-010   Shawn   71050N   147.8   164.0   16.2     0.58     SDD14-010   Shawn   71050N   218.0   233.0   15.0     0.51     SDD14-011   Shawn   71050N   61.0   71.0   10.0     0.53   Reported Jan. 3, 2014 SDD14-011   Shawn   71050N   100.0   121.0   21.0     1.01     SDD14-011   Shawn   71050N   130.0   142.0   12.0     0.66     SDD14-011   Shawn   71050N   161.0   182.0   21.0     1.34     SRC13-289   Shawn   70850N   13.0   26.0   13.0     1.22     SRC13-289   Shawn   70850N   37.0   45.0   8.0     0.63     SRC14-323   Shawn   70850N   99.0   143.0   44.0     0.73     SRC13-304   Fadiougoula   68600N   14.0   19.0   5.0     1.64     SRC14-324   Fadiougoula   68600N   88.0   96.0   8.0     0.63     SRC13-306   Fadiougoula   68400N   65.0   74.0   9.0     0.61     SRC13-307   Fadiougoula   68200N   10.0   33.0   23.0     0.47     SRC13-307   Fadiougoula   68200N   55.0   61.0   6.0     0.89     SRC13-310   Fadiougoula   68000N   42.0   62.0   20.0     0.47     SRC13-310   Fadiougoula   68000N   117.0   138.0   21.0     1.27     SRC13-313   Fadiougoula   66650N   42.0   52.0   10.0     1.00     SRC13-316   Fadiougoula   66150N   6.0   46.0   40.0     0.42     SRC13-321   Fadiougoula   65950N   31.0   41.0   10.0     0.62    

1Drill interval widths reported; true widths unknown at this time.

Laboratory Procedures

Reverse circulation and diamond drill samples are submitted to SGS Mineral Mali Sarl in Bamako, Mali for assaying; the laboratory complies with ISO 17025 and ISO 190111 operational and quality control systems. The samples were analyzed by fire assay with an atomic absorption spectrometry (AAS) finish after digestion in aqua regia. The Company inserts Quality Control – Quality Insurance samples (standards, duplicates and blanks) in addition to samples inserted by SGS to monitor the analytical results of the laboratory; samples inserted for the samples reported herein were within acceptable limits.

Qualified Person

André C. Lambert, B.Sc. (Hons), EurGeol, MIMM is the Exploration Manager for the Company and a qualified person as defined by National Instrument 43-101. Mr. Lambert has reviewed and approved the technical disclosure contained in this News Release.

About Bullman Minerals Inc.

Bullman Minerals Inc. is a Canadian based public company with a focus on the acquisition, exploration and development of gold properties in Guinea and neighboring countries of West Africa. The Company owns two gold projects in the under-explored Siguiri Basin of northeast Guinea, which is underlain by Birimian age rocks, the host rock to most of the large gold deposits in West Africa. For details on the projects, the reader is referred to NI43-101 Technical Report on the Siguiri and Balandougouba Projects, Guinea, prepared by independent qualified person Michael B. Gareau with an effective date of April 10, 2013 and available on SEDAR or the company’s website.

For further information:

Bullman Minerals Inc.

“Peter Yue”

Peter Yue, CEO and Director

Tel: +1 604 336-8618

Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

Neither 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 the accuracy of this news release.

Bullman Minerals Inc.Peter Yue, +1-604-336-8618CEO and Director