Pro Minerals Inc. (TSX VENTURE:PRM) and its Board of Directors are pleased to
announce the acquisition of the "Discovery Lake Project". Over the past several
months, Pro has confidentially undertaken a very extensive staking and
acquisition campaign that has resulted in the securing of a highly prospective,
and underexplored volcanogenic base metal massive sulphide (VMS) belt. The
Discovery Lake Project is located in the East Uchi - Petawanga Lake area of
Ontario, Canada. At present, Pro minerals is the only active mining company in
this belt and the land package encompasses 34 claims, or 11,944 Acres. It spans
roughly 16.2 kilometers North to South and 12.4 kilometres East to West. The
primary target commodities within the Discovery Lake Project are copper, zinc,
gold and silver.


President/COO Adrian O'Brien states: "As the market observes the tremendous
successes achieved by companies pursuing VMS projects of merit, some of which
are also located in Northern Ontario, we believe that this is a huge step
towards developing a brand new region for VMS discoveries. Now that the
acquisition phase of the project has been completed, we intend to initiate a
very aggressive initial exploration program shortly."


The Discovery Lake Project covers several VMS prospects with high potential for
a significant VMS discovery containing silver and gold credits. Previous
exploration carried out by Falconbridge in 1990 generated drilling targets from
airborne and ground electromagnetic and magnetic surveying, geological mapping,
trenching and sampling. Noranda Mining and Exploration flew an airborne E.M.
survey covering the South Main area in 1995. Pro Minerals has obtained all data
of the above which was completed by Falconbridge and Noranda Exploration in the
90's. These reports indicate that base metal (copper & zinc) values are
significant with precious metal mineralization also highly anomalous. Silver
values range from tens to hundreds of grams per ton and gold assays to 2 grams
per ton. Seven significant zones of mineralization were outlined, of which five
were drill tested to a maximum depth of 150 meters. There are many additional
showings with good copper, zinc, silver and gold values that still need ground
follow-up. All drill holes have been capped and identified in the field. All
drill core from both the Falconbridge and Noranda Drill campaigns is stored at
Discovery Lake and Auger Lake. Strong hydrothermal alteration is present in all
mineralized occurrences. Alteration indices, commonly used by the exploration
industry, confirm the alteration is hydrothermal in origin. Plotting of the
alteration data indicates most of the previous drilling was targeted towards the
weaker areas of alteration. Broad areas of strong alteration remain untested.
Mineralization to date appears to be remobilized due to metamorphism suggesting
the main lenses of sulphide accumulation have not yet been encountered. Pro
intends to revisit the previously identified targets, and taking into account
the previous programs' deficiencies, exploit their full potential.


The mineralization occurs as pods and fracture controlled stringers of
chalcopyrite and sphalerite. The known base metal occurrences have
characteristics typical of VMS deposits in terms of mineralogy, associated
hydrothermal alteration and geophysical signatures. The alteration zones are
enriched in copper and zinc (ppm to % levels) and vary from stringer style to
pipe or lense styles. It appears that none of the previous exploration companies
on the property assayed for gold in any systematic manner. Entire drill holes
were never assayed for gold and gold intersections that were obtained received
no follow-up work. In addition, geophysical anomalies with base metal type
signatures are present along strike from the known occurrences and remain to be
drill tested. Significant drill intersections all appear to be enclosed by
envelopes of highly anomalous base metal values.


Any assay results or geological information shown in this news release are
pre-National Instrument 43-101 and are therefore not compliant with National
Instrument 43-101 requirements. Pro Minerals is not treating the historical
results as accurate or current. Readers are cautioned not to place undue
reliance on these historical results.


Pro Minerals invites the public to visit its website at
http://www.promineralsinc.com or e-mail us at info@promineralsinc.com to be
added to the Company's e-mail list for press releases and updates.


ON BEHALF OF THE BOARD OF DIRECTORS OF PRO MINERALS INC.

Adrian O'Brien - President/COO

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