Apogee Minerals Ltd.

Apogee Minerals Ltd.

December 03, 2007 09:11 ET

Apogee Announces Board Appointment

TORONTO, ONTARIO--(Marketwire - Dec. 3, 2007) - Apogee Minerals Limited ("Apogee") (TSX VENTURE:APE) is pleased to announce the appointment of Mr. David Argyle to its Board of Directors.

Mr. Argyle brings with him 20 years experience in senior management positions on mining and chemical projects in China, South East Asia, Central Asia and Australia. He holds a degree in Commerce from the University of Western Australia and an MBA from the University of Michigan. Mr. Argyle is President and Chief Executive Officer of Dynamite Resources Ltd.

In connection with his appointment to the Board, Mr. Argyle has been granted 200,000 Apogee stock options. The options have an exercise price of $0.355 per option exercised and will vest immediately subject to the statutory four month hold.

Mr. Argyle was appointed at Apogee's annual general meeting on November 29, 2007. Mr. James Hesketh has decided not to stand for renomination in order to focus on other business. The Board of Apogee would like to thank Mr. Hesketh for his dedicated service and wish him all the best in his future endeavours.

About Apogee Minerals Limited

Apogee Minerals Ltd. is a Canadian producer of silver-zinc-lead and also carries out exploration and development activities. The company is listed on the TSX Venture Exchange under the symbol APE. Apogee is focused on advanced Silver-Zinc-Lead projects in South America that demonstrate the potential to be rapidly developed to production. Currently all of its projects are located in the historic silver producing regions of central and southwest Bolivia.

The 100%-owned La Solucion Mine has a 14 year production history and has a 120 tonne per day flotation mill. The Pulacayo-Paca project is a Joint Venture with Apex Silver Mines Ltd. The project occupies the Property that includes the second-largest silver mine in the history of Bolivia with over 600 million ounces of past production.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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