Papuan Precious Metals Corp. ("PPM or the "Company") (TSX
VENTURE:PAU)(OTCQX:PAUFF) has accepted the resignation of Mr. Chris Cornelius
from the Board of Directors, effective immediately, due to his other business
commitments. The management and Board would like to genuinely thank Mr.
Cornelius for his valuable contribution to the Company and we wish him all the
best in his future endeavors. 


About Papuan Precious Metals Corp.

PPM is engaged in the acquisition, exploration and development of mineral
properties focusing on Copper-Gold porphyries in Papua New Guinea.


ON BEHALF OF THE BOARD 

Dev Randhawa, Chairman and CEO