Full Metal Minerals Ltd.

Full Metal Minerals Ltd.

December 19, 2007 09:00 ET

Full Metal Step-Out Drilling Intersects 13.1 Meters Averaging 13.3% Zn, 9.5% Pb, 0.3% Cu and 159.2 g/t Ag at LWM, 40 Mile Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2007) - Full Metal Minerals (TSX VENTURE:FMM) is pleased to announce assay results from an additional six holes that intersected Carbonate Replacement Deposit (CRD) style massive sulphide mineralization at the LWM Prospect on the 40 Mile Property, Alaska.

The 2007 Exploration Program was completed in late September at LWM (assay results from an additional five drill holes are pending). Drilling to date has encountered massive sphalerite/galena/chalcopyrite mineralization over 300 meters of strike length, and over 200 meters below surface and remains open for expansion in all directions.

From To Length
Hole-ID (m) (m) (m) Ag (g/t) Cu % Pb % Zn %
LWM07-10 39.97 40.54 0.57 20.0 0.01 1.0 6.5

LWM07-11 180.50 188.85 8.35 136.4 0.20 7.5 4.9
including 187.85 188.85 1.00 496.0 0.69 25.0 16.5

191.79 194.78 2.99 58.0 0.08 3.0 3.6

LWM07-14 103.75 123.16 19.41 31.2 0.06 1.4 6.6
including 111.70 118.43 6.73 54.6 0.15 2.2 13.6

LWM07-15 No Significant intercepts

LWM07-16 49.55 51.13 1.58 31.0 0.05 1.6 13.1

LWM07-17 28.45 41.60 13.15 159.2 0.25 9.5 13.3
28.45 33.53 5.08 266.6 0.37 14.0 19.4

85.38 85.90 0.52 45.0 0.08 1.2 24.3

Over-limit assays are pending for multiple individual samples in excess of 20% Pb and 30% Zn; the average composite grades for several of these intercepts are expected to increase significantly.

Drill Hole LWM07-17 encountered 13.1 meters averaging 13.3% Zn, 159.2 g/t Ag, and 9.5% Pb and is a 40 meter western step-out from hole LWM07-04, which intersected 44.6 meters averaging 15.9% Zn, 5.3% Pb and 76.6 g/t Ag. The lack of outcrop previously resulted in a challenge to determine the true strike of mineralization at LWM, additional drilling is helping to determine the geometry of the Deposit. Hole LWM07-10 was collared in oxidized zinc mineralization, and immediately cored into footwall rocks. Hole LWM07-11 was drilled near LWM06-03, which was not drilled to sufficient depth during the 2006 field season. Hole LWM-11 encountered semi-massive CRD style mineralization, averaging 4.9% Zn, 7.5% Pb, and 139.4 g/t Ag over 8.3 meters.

The stratigraphic section at the LWM prospect includes: marble, dolomite, argillite and strongly altered mafic volcanic rocks. Drilling and ground magnetic geophysics suggests that the carbonate package hosting the massive sulphide mineralization dips toward the south, and trends toward Full Metal's Fish Prospect, four miles to the northeast. Anomalous soil geochemistry is coincident with this interpreted trend.

The mineralization at LWM, Fish, as well as multiple other prospects at the 40 Mile Property is consistent with CRD zinc-lead-silver systems. Worldwide analogs of this style of mineralization include Leadville, Colorado, Pine Point, NWT and Polaris deposits, NWT. Due to the irregular geometries of CRD mineralizing systems, true widths and orientation of the mineralized zone are not known at this time. A plan map with drill hole locations and all drill holes from the LWM Prospect are available on Full Metal's website at www.fullmetalminerals.com.

During 2007, Full Metal completed an extensive regional mapping and sampling program on the 40 Mile Property. Surface sampling results will be announced shortly from the Oscar, Drumstick and Eva Prospects. Full Metal has an option to earn a 100% interest in the mineral rights to over 800,000 acres of lands owned and selected by Doyon, Ltd., an Alaska Native Regional Corporation (See FMM 2006 NR #9, Dated May 23, 2006). Fish and LWM occur within a 90 kilometer long trend of CRD-style prospects, the majority of which have never been drill tested.

Full Metal's 2007 exploration program was performed under the supervision of Robert McLeod, P.Geo., Vice President Exploration for Full Metal Minerals, and a Qualified Person as defined by NI 43-101. Drill cores are cut in half using a diamond saw, with one-half placed in sealed bags, and delivered to ALS-Chemex Labs facility in Fairbanks, Alaska. A sample quality control/quality assurance program was implemented. Mr. McLeod prepared and approved the information contained in this release.

Full Metal is a generative exploration company with twelve active projects in Alaska and one in the Yukon Territory. The Company currently has eight active Joint Venture Agreements. Full Metal and its Partners are planning a minimum of eight drill programs during the 2008 field season.


Michael Williams, President and Director

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

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