Full Metal Minerals Ltd.

Full Metal Minerals Ltd.

April 26, 2007 09:01 ET

Full Metal Relinquishes Leases, Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 26, 2007) - Full Metal Minerals Ltd. (TSX VENTURE:FMM) ("Full Metal") announces that the Company has given its required ninety day notice to the Alaska Mental Health Trust that the Company wishes to surrender all of the Leased Area for Coal Lease MHT No. 9200375 at Chickaloon, Alaska.

Full Metal also announces that it has granted an aggregate of 145,000 incentive stock options (the "Options") to consultants and employees of the Company, exercisable at $2.33 per share. The Options are exercisable for a period of five years from the date of grant and are subject to the policies of the TSX Venture Exchange.

Full Metal has twelve active Projects in Alaska. Drilling is currently underway with two rigs at the Lucky Shot Gold Property and will commence shortly on the 40 Mile Zinc-Silver-Lead Project. Drilling is also planned on an additional four Properties. Full Metal has Joint Venture agreements with Metallica Resources, Andover Ventures, Triex Minerals and First Factor Development Inc.


Michael Williams, President and Director

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

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