Coronation Minerals Inc.

December 21, 2007 17:42 ET

Coronation Minerals Inc.: Press Release

TORONTO, ONTARIO--(Marketwire - Dec. 21, 2007) - Coronation Minerals Inc. (TSX VENTURE:CMV) (the "Company") announces that it has granted effective December 20, 2007 an aggregate of 1,530,000 options to directors, officers and a consultant of the Company with such options being exercisable until December 20, 2011 at an exercise price of $0.23.

Coronation Minerals Inc. is a Canadian based exploration and development company. The Company presently controls and holds both the Wellgreen Property, Yukon Territory and the Coppermine River Project, Nunavut Territory. Both of these projects are described as Copper-Nickel-Platinum-Palladium prospects.

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

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