Antares Minerals Inc.

Antares Minerals Inc.

March 06, 2008 16:32 ET

Antares Minerals Inc.: Options Granted

WATERDOWN, ONTARIO--(Marketwire - March 6, 2008) - Antares Minerals Inc. (TSX VENTURE:ANM) announced today that it has granted a total of 920,000 options to officers, directors, employees and consultants pursuant to the Company's stock option plan. Each option entitles the holder to purchase one common share of the Company at $4.00 for a period of five years, subject to various vesting provisions.

About Antares Minerals Inc.

Antares is focused on the acquisition and exploration of precious and base-metal exploration properties in Latin America that can be quickly and cost-effectively advanced to the discovery and production stage. Antares most advanced project is the Haquira copper project in south-central Peru, immediately adjacent to the Las Bambas Project of Xstrata Copper. A drill program to delineate recently discovered high-grade primary porphyry copper-molybdenum-gold mineralization beneath the secondary copper blanket at the Haquira East zone is currently ongoing. Antares has an option to acquire a 100% interest in the Haquira project from Minera Phelps Dodge del Peru S.A.C. Antares is also exploring the Rio Grande copper-gold porphyry project in NW Argentina pursuant to an option/joint venture agreement with Mansfield Minerals Inc.

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

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