Apogee Minerals Ltd.

Apogee Minerals Ltd.

March 29, 2005 09:00 ET

Apogee Minerals Appoints Robert Campbell, M.Sc., P.Geo., Vice President, Exploration and Deborah Battiston Chief Financial Officer


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: APOGEE MINERALS LTD.

TSX VENTURE SYMBOL: APE

MARCH 29, 2005 - 09:00 ET

Apogee Minerals Appoints Robert Campbell, M.Sc.,
P.Geo., Vice President, Exploration and Deborah
Battiston Chief Financial Officer

TORONTO, ONTARIO--(CCNMatthews - March 29, 2005) - Apogee Minerals Ltd.
(TSX VENTURE:APE) has appointed Mr. Robert Anderson Campbell, M.Sc.,
P.Geo., to the position of Vice President, Exploration and Ms. Deborah
Battiston to the position of Chief Financial Officer.

Mr. Campbell is a Senior Geologist with over 27 years of experience in
the mining and exploration industry across North and South America. He
has extensive geological experience in all phases from grass roots
reconnaissance to detailed supervision of advanced-stage projects, with
a particular emphasis in South America. He has a solid track record of
managing, developing and evaluating mineral opportunities for both the
business development and exploration sectors, and has worked for major
mining companies including Lac Minerals and Noranda Inc., in addition to
junior exploration companies.

Mr. Campbell's primary focus will be to rapidly advance the exploration
development at the La Solucion Mine, located 17 km outside of La Paz,
Bolivia. Apogee recently announced a Letter of Intent to acquire the
mine, 6000 ha of property, and 120 tonnes per day flotation mill which
has been producing at a rate of 100 tonnes per day for the past 13 years
(see Press Release dated February 23, 2005). The ore has graded an
average of 7% Zinc, 3 - 4% Lead, and approximately 150 g/t Silver. No
known exploration has ever been carried out on the property.

A Phase I exploration program, dominated by drilling, will begin shortly
at La Solucion to begin the process of quantifying and expanding known
mineral resources on the property. Apogee's exploration strategy at La
Solucion will be focused on evaluating mineralization within known veins
sub-parallel to veins being mined, particularly where the veins coalesce
and intersect, and to evaluate the known vein systems along strike and
above and below current mining levels.

"We are very pleased that an individual with the experience and caliber
of Andy has joined Apogee" stated Apogee President and CEO John
Carlesso. "His expertise will provide critical contribution to the
development of La Solucion. In order to plan significant production
growth, our strategy is focused on identifying new resources both at the
mine and on the property. We are also in the process of finalizing our
plans for the company's major exploration initiatives in 2005 and we
expect the level of activity on all of our properties to increase
significantly in the coming weeks and months."

The appointment of Ms. Battiston as CFO follows the resignation of Mr.
Stephen Woodhead. Deborah is a C.G.A with over 20 years of financial
management and accounting experience. She obtained her B.A. in Economics
from the University of Guelph and has substantial experience working
with emerging mineral exploration companies. Deborah also has broad
international experience having dealt with companies in 8 countries and
having lived and worked in Japan for several years.

The company has granted 150,000 options to officers of the company to
purchase common shares at $0.35 per share, subject to regulatory
approval.

Apogee Minerals Ltd. is a Canadian exploration and development company
listed on the TSX Venture Exchange under the symbol APE. The company has
several advanced Silver-Zinc exploration properties in the historic
Potosi Department of southwestern Bolivia. For more information please
visit the company's website at www.apogeeminerals.com.

Statements in this release that are not historical facts are
"forward-looking statements" within the meaning of the U.S Private
Securities Litigation Reform Act of 1995. Readers are cautioned that any
such statements are not guarantees of future performance and that actual
developments or results may vary materially from those in these
"forward-looking statements".

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Apogee Minerals Ltd.
    John Carlesso
    President and CEO
    (416) 861-5881
    www.apogeeminerals.com