Blackstone Lake Minerals Inc.
OTC Bulletin Board : BLLK

Blackstone Lake Minerals Inc.

February 29, 2008 09:30 ET

Blackstone Lake Minerals Inc. Appoints Dr. Rudolf Mauer as CEO, CFO, President and Sole Director

POINT ROBERTS, WASHINGTON--(Marketwire - Feb. 29, 2008) - Blackstone Lake Minerals Inc. (OTCBB:BLLK)(WKN:AONBVN) (the "Company") announced today that Dr. Rudolf Mauer has replaced Rolf Horchler as the Company's Chief Executive Officer, Chief Financial Officer, President and sole director.

Dr. Mauer, a geological consultant, graduated in 1983 from the Free University of Berlin with a Diploma in Geology/Palaeontology, and in 1990 earned his Doctorate of Natural Sciences from the Technical University of Berlin. Dr. Mauer has worked in the mineral exploration industry for close to 20 years, and has participated in numerous mineral projects in areas such as Africa, South America and Central America as Chief Geologist, Mining and Geological Advisor, and Director of Exploration Operations. Based in Hanover, Germany, Dr. Mauer is an active member of the German Association of Geologists, Geophysicists, and Mineralogists (BDG), the European Federation of Geologists (EFG) and the Asociacion de Geologos y Profesiones Afinas (ANGPA), Nicaragua, Centroamerica.

Blackstone Lake Minerals Inc. is currently exploring and developing a property that it calls the Blackstone Lake Property, located in north-central Saskatchewan, Canada, which it believes has good potential for basement hosted uranium and/or gold deposits.

Blackstone Lake Minerals Inc.'s shares are traded in the United States on the OTC Bulletin Board (OTCBB:BLLK) and in Germany on the Frankfurt Stock Exchange (WKN:AONBVN).

This press release may contain, in addition to historical information, forward-looking statements. These forward looking statements are based on management's expectations and beliefs, and may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular, there are no assurances that the Blackstone Lake Property contains any commercially viable mineral deposits. Any activities that the Company undertakes on the Blackstone Lake Property during the next twelve months will be exploratory in nature. In addition, the Company currently does not have sufficient financial resources to conduct the planned exploration program for the property and there are no assurances that the Company will be able to obtain sufficient financing on terms that are acceptable to it. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.

BLACKSTONE LAKE MINERALS INC.

John Boschert, Secretary

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