Full Metal Minerals Ltd.

Full Metal Minerals Ltd.

August 13, 2007 09:01 ET

Full Metal Samples 3,730 g/t Ag with High Grade Base Metals at Eva Prospect, 40 Mile Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2007) - Full Metal Minerals (TSX VENTURE:FMM) is pleased to announce that bonanza silver grades and high base metal values have been returned from samples at the Eva carbonate replacement prospect on the 40 Mile Property in east-central Alaska.

A total of 14 samples were collected from subcrop and historic prospect pits at the Eva Prospect. Individual silver values include 3,730, 1,960 and 1,280 g/t Ag. All samples of mineralized rock averaged 957 g/t Ag, 23.6% Zn, 12.6% Pb, and 0.9% Cu. Three samples averaged over 25% Pb; overlimit lead assays are currently pending. Samples range from lows of 207 g/t Ag, 6.5% Zn, 4.1% Pb and 0.18% Cu to highs of 3,730 g/t Ag, 43.6% Zn, greater than 25% Pb and 4.9% Cu. Samples were collected over a 50 meter by 50 meter area of rubble crop. Mineralization occurs within a marble unit replaced by partially oxidized, coarse-grained massive sphalerite, galena and chalcopyrite.

The Eva Prospect occurs along a ridge top typified by very minimal bedrock exposure, surrounded by overburden cover. A north-south striking unit of marble hosts carbonate replacement where exposed through rubble crop. Full Metal recently discovered an extensive area of partially oxidized sphalerite and galena within a 'kill zone' at the Drumstick prospect within the same marble unit, 2,200 meters north of the Eva prospect. The area between the two prospects is completely covered by overburden and vegetation. A single drill collar from a small diameter hole, likely from the 1960's era was identified at Eva. Results from this hole are not known.

Eva is located approximately 22 kilometers west of the LWM Discovery, where drilling during 2007 includes 44.6 meters averaging 15.9% Zn, 5.3% Pb and 76.6 g/t Ag, 15.6 meters averaging 21.2% Zn, 8.7% Pb, and 127.0 g/t Ag, and 6.48 meters averaging 464.2 g/t Ag, 31.6% Zn, 11.3% Pb and 1.41% Cu (see FMM NR#17 dated July 30th 2007). The results at LWM and the nearby Fish Prospect, as well as Eva, and carbonate replacement style massive sulphide at Drumstick highlight the regional potential for new discoveries within the 800,000 acre 40 Mile Property. Drilling has resumed at the LWM Prospect, stepping out along strike and down-dip from previous intercepts.

The mineralization at Eva and LWM as well as multiple other prospects at the 40 Mile Property is consistent with carbonate replacement deposit (CRD) zinc-lead-silver systems. Worldwide analogs of this style of mineralization include Leadville, Colorado, Pine Point and Polaris deposits, NWT.

Full Metal has options to earn numerous 100% leasehold interests within an area of over 800,000 acres of lands owned and selected by Doyon, Limited, an Alaska Native Regional Corporation (See FMM 2006 NR #9, Dated May 23, 2006). Fish and LWM occur within a 90 kilometer long trend of CRD-style prospects, the majority of which have never been drill tested. Full Metal is also completing a regional exploration program and identifying drill targets elsewhere on the 40 Mile Property.

Full Metal's 2007 exploration program is performed under the supervision of Robert McLeod, P.Geo, Vice-President Exploration for Full Metal Minerals, and a Qualified Person as defined by NI 43-101. Drill cores are cut in half using a diamond saw, with one-half placed in sealed bags. Core and surface samples are delivered by Full Metal personnel to ALS-Chemex Labs facility in Fairbanks, Alaska. A sample quality control/quality assurance program is in place. Mr. McLeod prepared and approved the information contained in this release.

Full Metal has twelve active projects in Alaska and one in the Yukon Territory. Drilling is ongoing at the 40 Mile, Lucky Shot, CJ and Boulder Creek projects. Full Metal is a generative exploration company with six active Joint Venture Agreements.


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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