SOURCE: M45 Mining Resources Inc.

April 18, 2007 10:07 ET

M45 Mining Resources Inc. Commences Geological Surveying of Claims in the Matagami Mining Camp

Company Starts Process to File NI 43-101 Technical Report on Claims

NEW YORK, NY -- (MARKET WIRE) -- April 18, 2007 -- M45 Mining Resources Inc., formerly known as Quantitative Methods, Corp. (OTCBB: QTTM), today announced that a third-party Geologist team has been conducting full surveys for more than a week on 292 Company-owned claims in the Matagami Mining Camp. The data compiled from the surveys will be used towards the development of a NI 43-101 Technical Report on the claims.

The Company has named this first phase of its operation plan "The West Winds." This phase mainly involves the exploration and development of the above-mentioned mining claims that are located adjacent to the Renaissance Zinc mine recent discovery owned by Xstrata plc, the world's fifth-largest diversified mining company by market capitalization. M45 West Winds' sector covers an area of 35 square miles in the Matagami Mining Camp.

Based on professional analyses and primary data, several experts are of the opinion that the main vein on which the Renaissance Mine sits moves from East to West and potentially continues onto M45's West Wind properties.

M45 intends to obtain pertinent information regarding the Zinc concentration levels within the boundaries of the claims in order to identify the potential defined location of the imminent drilling program.

M45's new operation plan is focused on measuring the value of the Company's potential reserves and increasing its assets via a systematic acquisition strategy; initially in the Matagami Mining Camp and secondly in other sites in North America. Although this project was instigated more then two years ago and comprises many calculated steps and facets, this initial operational phase represents an important milestone for M45 towards the maximization of its market penetration and potential going forward.

For more information please visit the Corporate website at, or contact Mr. Jean Minville, Investor Relations at (888) 727-8569 or via email at

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results.

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