Landmark Minerals Inc.

Landmark Minerals Inc.

July 31, 2006 14:14 ET

Landmark Acquires Two NWT Uranium Properties; Options Granted; Warrants Extended

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 31, 2006) - Landmark Minerals Inc. (TSX VENTURE:LML) is pleased to announce that it has acquired, by staking, a 100% interest in three mineral claims in the Northwest Territories, Canada. The claims cover a total of 2090 hectares in two properties considered to be favourable for uranium mineralization.

The claims are underlain by Proterozoic marine and continental strata including sandstone, quartzite, conglomerate, and dolomite unconformably overlying Archean metamorphic and igneous basement rocks. The geological setting is not unlike the rich uranium deposits of the Athabasca Basin in Saskatchewan.

Uranium mineralization was first discovered and explored on Landmark's new ground in the 1960's and 1970's. Uranium values ranging from less than 0.05 to 6.7% U3O8 have been reported in selected surface samples from prior exploration programs, along with anomalous values of copper, cobalt, silver, and gold. Mineralization is discordant to the sedimentary strata and is variably associated with hematite, graphite, and sulfide mineralization. Reconnaissance sampling by Landmark's personnel during the staking work returned encouraging uranium concentrations, ranging from less than 0.01 to 0.34% U3O8.

"These early stage prospects were acquired because of their reported high grade uranium mineralization and favourable geological environment identified during our global research work," said Harmen Keyser, President of Landmark. "We are reviewing available data on these properties to more fully assess their exploration potential."

The technical accuracy of this news release has been verified by Harmen Keyser, P.Geol., a qualified person in accordance with NI 43-101.

Landmark also announces that it has granted 50,000 options to a director, exercisable at 0.60 for five years. In addition, the TSX Venture Exchange has approved Landmark's application to extend the expiry date of private placement warrants previously issued on July 21, 2005 to July 21, 2007, and to increase the exercise price from $0.40 to $0.45 per share.

Landmark Minerals is a junior mineral exploration company based in Vancouver, Canada with uranium properties in Newfoundland and Northwest Territories, Canada. Landmark continues to cooperate with Sahara Resources Inc. to lawfully restore six prospecting permits in Algeria, and is seeking additional uranium exploration opportunities in jurisdictions offering secure mineral title.


Harmen J. Keyser, P.Geol., President

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

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