Donner Metals Ltd.
TSX VENTURE : DON
FRANKFURT : D4M

Donner Metals Ltd.

May 07, 2008 18:22 ET

Donner Metals Ltd.: 13.47% Zinc, 2.33% Copper Over 6.95 Metres Intersected at Bracemac; 17.77% Zinc, 0.36% Copper Over 4.10 Metres Intersected at McLeod

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 7, 2008) - Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M), reports that the Bracemac, Bracemac Key Tuffite and the McLeod Zones have been expanded with high-grade zinc and copper-bearing massive sulphide intersections encountered in recent drilling.



Drilling Highlights
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Core
DDH Length
(Depth) From To (metres) % Zn % Cu g/t Ag g/t Au
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Bracemac Zone
--------------------------------------------------------------------------
--------------------------------------------------------------------------
BRC-08-72 199.40 204.90 5.50 9.48 0.63 32.73 0.31
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Bracemac Key Tuffite Zone
--------------------------------------------------------------------------
--------------------------------------------------------------------------
BRC-08-70 356.20 357.00 0.80 25.60 0.49 42.30 0.36
--------------------------------------------------------------------------
--------------------------------------------------------------------------
BRC-08-72 570.65 579.00 8.35 11.26 2.28 8.78 0.45
--------------------------------------------------------------------------
Including: 570.65 577.60 6.95 13.47 2.33 9.14 0.52
--------------------------------------------------------------------------
577.60 579.00 1.4 0.28 2.03 7.00 0.13
--------------------------------------------------------------------------
--------------------------------------------------------------------------
New McLeod Zone
--------------------------------------------------------------------------
--------------------------------------------------------------------------
MC-07-33W2 920.60 922.00 1.40 12.68 0.82 14.52 0.24
--------------------------------------------------------------------------
--------------------------------------------------------------------------
MC-08-37 787.40 791.50 4.10 17.77 0.36 16.13 1.34
--------------------------------------------------------------------------
--------------------------------------------------------------------------


Bracemac

Bracemac Zone: Drill hole BRC-08-72 intersected massive sulphides in the up-dip extension of the Bracemac Zone located 330 metres stratigraphically above the Bracemac Key Tuffite Zone. This hole intersected mineralization 35 metres up-dip from BRC-07-30 (8.95% Zn, 1.17% Cu, 31.05g/t Ag, 0.18g/t Au over 9.90 metres). Previously reported drill holes BRC-07-31 and BRC-07-39 are located a further 25 and 45 metres up-dip and to the east of BRC-08-72 respectively. Both intersected strong alteration at the Bracemac Zone stratigraphic level.

Bracemac Key Tuffite Zone: BRC-08-72 was continued from the Bracemac Zone to the Key Tuffite horizon where it intersected massive sulphides in the down-dip extension of the Bracemac Key Tuffite Zone. This intersection was drilled 35 metres west and down-dip of BRC-07-34 that intersected Pipe alteration and 40 metres east and down-dip of BRC-08-73 that also intersected strong Pipe alteration in the footwall to the Key Tuffite. Mineralization is open down-dip of BRC-08-72 on the Key Tuffite stratigraphic level.

Drill holes BRC-08-70 and 71 were drilled to delineate the western extent of the upper portion of the Bracemac Key Tuffite Zone. BRC-08-70 was an infill hole drilled 15 metres below BRC-07-55 (16.25% Zn, 0.79% Cu, 41.70g/t Ag, 0.46g/t Au over 0.75 metres) and 40 metres west of BRC-07-46 (22.95% Zn, 0.22% Cu, 54.40g/t Ag 0.41g/t Au over 19.75 metres). BRC-08-71 was drilled up-dip from BRC-07-42 (9.09% Zn, 0.19% Cu, 18.22g/t Ag, 0.18g/t Au over 2.00 metres) and BRC-07-38 (11.41% Zn, 0.26% Cu, 27.08g/t Ag, 0.18g/t Au over 1.3 metres). The Bracemac Key Tuffite Zone is open up-dip and to the west of BRC-08-71.

McLeod

New McLeod Zone: Two drill holes were completed in the New McLeod Zone. MC-08-37 investigated the up-dip extension of the Zone. This hole was drilled 50 metres up-dip of MC-05-18W4 (8.91% Zn, 1.88% Cu, 45.93g/t Ag, 1.35g/t Au over 11.42 metres) and between MC-07-33 (13.30 % Zn, 0.64% Cu, 18.05g/t Ag, 0.71g/t Au over 2.00 metres) and MC-07-22 (19.30% Zn, 1.32% Cu, 28.5g/t Ag, 0.75g/t Au over 5.04 metres). MC-07-33W2 was drilled 75 metres down-dip from MC-05-18W3 (6.48% Zn, 0.39% Cu, 21.75g/t Ag, 0.44g/t Au over 9.4 metres). The extent of the New McLeod Zone has not been delineated and is open in all directions and will require additional drilling.

Old McLeod Area: Drill hole MC-08-38 was drilled to test the Key Tuffite horizon 200 metres up-dip from the Old McLeod Zone and to test an off-hole geophysical anomaly detected in MC-08-35. The hole intersected weakly mineralized Key Tuffite with well developed chlorite and Pipe alteration underlying the Key Tuffite. An explanation of the targeted geophysical anomaly was not detected and additional drilling is underway.

West McLeod Area: Three drill holes were completed to investigate the extension of mineralization encountered in MC-08-36 (18.10% Zn, 3.14% Cu, 61.28g/t Ag, 1.37g/t Au over 4.18 metres). MC-08-36 intersected new mineralization at a stratigraphic level roughly equivalent to the Bracemac Zone, approximately 250 metres above the Key Tuffite horizon in this area. MC-08-39 intersected massive sulphides 30 metres down-dip and to the west of mineralization encountered in MC-08-36. MC-08-41 intersected gabbro 35 metres up-dip and to the east of MC-08-36. MC-08-42 was drilled 50 metres up-dip and to the west of MC-08-36. It intersected strong Pipe alteration over 84 metres immediately below the new horizon. All three holes were continued to the Key Tuffite horizon where MC-08-39 and 41 both encountered strong Pipe alteration immediately below the Key Tuffite horizon.

Details of the assay results can be found in the attached Appendix 1. Four drills are active on the Matagami Project at Bracemac and McLeod. A total of 56,244 metres of diamond drilling in 119 drill holes has been completed since the project began in late 2006. Additional geological information, including maps and sections, is available at www.donnermetals.com.

The Matagami Project has an area of mutual interest of 4,750 square kilometres and presently includes 3,340 mineral claims covering 801 square kilometres. Taking advantage of Xstrata Zinc's extensive historical database, Donner and Xstrata Canada Corporation - Xstrata Zinc Canada Division (Xstrata Zinc) are using a combination of 3D data integration, innovative advanced technologies, new concepts and diamond drilling to explore for new deposits in this prolific mining camp.

The Matagami Mining Camp is a world-class mining district, with 18 known VMS deposits, including 10 past producers of varying sizes, including the giant Matagami Lake Deposit (25.64 million tonnes of 8.2% Zn, 0.56% Cu, 20.91g/t Ag and 0.41g/t Au) discovered in 1957 and mined from 1963 to 1988. The area is host to historical production of 8.6 billion pounds of Zn and 853 million pounds of Cu and has established infrastructure including the town of Matagami, a railway, a paved road, and a 2,600 t/day mill owned by Xstrata Zinc.

Donner has the option to earn a 50% participating joint venture interest in the Matagami Project by incurring a total of $20 to $25 million of expenditures on exploration and related work on or before May 31, 2011. Upon earn-in by Donner, five separate joint ventures will be formed, covering the property and the area of interest. In each of the five joint venture areas, Xstrata Zinc has the option to earn back a 15% interest in each area by incurring up to $20 million on a feasibility study.

The Company's strategy is to explore for and discover zinc - copper deposits in the Matagami Camp and to leverage the general infrastructure and existing processing facilities within a known and well-established cost structure for developing VMS deposits. Donner's exploration objective is to investigate multiple stratigraphic horizons with potential for VMS mineralization including the prolific Key Tuffite horizon throughout the Matagami Camp. To date Donner has discovered new mineralization at Bracemac in the Upper Bracemac and Bracemac zones and the Key Tuffite horizon. In addition to delineation drilling at Old McLeod, Donner has discovered new mineralization at New McLeod and West McLeod at the Key Tuffite horizon at McLeod.

Supplementary Information

The field work on the Matagami Project is being carried out by project operator Xstrata Zinc Canada Division who is responsible for the sampling, submittal of samples for assay, assay verification and QA/QC. Assaying of samples reported in this news release was carried out and certified by ALS Chemex-Chimitec, of Val D'Or, Quebec (zinc, copper and silver by atomic absorption, and gold by standard fire assay procedures). Sample preparation was done by ALS Chemex of Val D'Or, Quebec. Robin Adair, VP of Exploration for the Company is the Qualified Person responsible for the technical information in this news release.

ON BEHALF OF THE BOARD OF DONNER METALS LTD.

Harvey Keats, Chief Executive Officer

To view accompanying Appendix 1 please click on the following link: http://media3.marketwire.com/docs/DON_Appendix1.pdf

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

Contact Information