Full Metal Minerals Ltd.
TSX VENTURE : FMM

Full Metal Minerals Ltd.

March 28, 2006 10:10 ET

Full Metal Options Kamishak Property to Andover Ventures

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 28, 2006) - Full Metal Minerals (TSX VENTURE:FMM) and Andover Ventures Inc. (TSX VENTURE:AOX.H) have entered into an option agreement whereby Andover can earn a 60 per cent interest in Full Metal's Kamishak property, subject to approval from the TSX Venture Exchange.

Andover has the option to earn a 60% interest in the property by incurring exploration expenditures of $US 2,000,000 over four years including $US 300,000 during 2006. Andover must also make cash payments totaling $US 80,000 and issue 525,000 shares over the four year option term. Full Metal will manage the exploration program for a 10% management fee.

The 2006 program will consist of a minimum 750 meters of diamond drilling and additional surface exploration. The initial phase will focus on expanding the extent of known mineralization identified in historic drilling.

The property is located 20 km west of tidewater, and 80km south of Northern Dynasty's Pebble Deposit. Kamishak is approximately 440 km southwest of Anchorage Alaska. The primary target is an intrusive-related breccia pipe hosting copper-gold mineralization. A previous operator completed 17 shallow core holes in the early 1990s in one of the two breccia zones. Highlights of historic drilling include:

- 50.0m of 1.32 g/t Au and 0.22% Cu

- 21.3m of 0.85 g/t Au and 1.08% Cu

- 3.05m of 12.6 g/t Au and 0.49% Cu

Both disseminated and breccia pipe copper-gold mineralization consisting of chalcopyrite, pyrite and magnetite was discovered. In 2005 mapping and sampling completed by Full Metal identified extensions to the breccia to the south; interpretation of the historic drilling suggests that the breccia is open for expansion to the west and east and to depth. A summary and location of historic drill holes and geology of the prospect is available for review on Full Metal's website at www.fullmetalminerals.com.

Work completed during 2005 was performed under the supervision of Robert Retherford, CPG.#10903, Consulting Geologist with Anchorage based Alaska Earth Sciences, under the direction Robert McLeod, VP Exploration for Full Metal Minerals Ltd. Both are Qualified Persons as defined by NI 43-101. A quality assurance/quality control program was implemented.

Full Metal will be following up on the high grade Lucky Shot Discovery in April with a 60 hole, 10,000 metre diamond drilling program. Further plans for the 2006 field season in Alaska include a minimum of six diamond drill programs totaling $6 million in exploration. Full Metal has Joint Venture Agreements with Metallica Resources, Triex Minerals Corp, and Fury Explorations.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Williams, President and Director

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