Manicouagan Minerals Inc.
TSX VENTURE : MAM

Manicouagan Minerals Inc.

August 28, 2007 08:00 ET

Manicouagan Reports Additional Encouraging Results From Brabant Lake Including 5.34% Zinc, 1.08% Copper, 54.88 Grams/Tonne Silver and 0.28 Grams/Tonne Gold Over 9.44 Metres in the Lower Zone

TORONTO, ONTARIO--(Marketwire - Aug. 28, 2007) - Manicouagan Minerals Inc. (TSX VENTURE:MAM) announced today additional encouraging assay results from four more holes from the Phase II drilling program currently underway on the Brabant Lake zinc deposit. Assays have been received for drill holes BR-07-25, BR-07-26 and BR-07-27 and BR-07-28 and are summarized in the table below.



------------------------------------------------------------------------
Zone Length Zn Cu Pb Ag Au
Hole ID ID(i) From To (ii) (m) (%) (%) (%) (g/t) (g/t)
------------------------------------------------------------------------
BR-07-25 UZ 144.71 150.75 6.04 4.86 0.56 0.04 13.37 -
------------------------------------------------------------------------

------------------------------------------------------------------------
BR-07-26 UZ 179.38 185.69 6.31 4.91 0.56 0.20 17.5 0.21
------------------------------------------------------------------------

------------------------------------------------------------------------
BR-07-27 UZ 188.38 192.71 4.33 4.23 0.44 0.06 8.7 0.01
------------------------------------------------------------------------

------------------------------------------------------------------------
BR-07-28 HWZ 303.49 304.33 0.84 4.19 0.24 0.08 6.4 0.03
------------------------------------------------------------------------
UZ 318.35 321.90 3.55 8.61 1.43 0.10 37.83 0.02
------------------------------------------------------------------------
LZ 355.55 364.99 9.44 5.34 1.08 0.33 54.88 0.28
------------------------------------------------------------------------

------------------------------------------------------------------------
(i) Hanging Wall Zone (HWZ) Upper Zone (UZ), Lower Zone (LZ)
(ii)down-hole length approximately 85% true width


Drill hole BR-07-28 intersected minor Hanging Wall Zone material (HWZ) from 303.49 to 304.33 metres. The HWZ is a minor constituent of the mineralization on the property and comprises less than 5% of the current NI 43-101 compliant resource estimate.

The same hole also intersected appreciable copper in both the Upper and Lower mineralized zones averaging 1.43 % copper and 1.08 % copper over 3.55 and 9.44 metres, respectively. These higher copper values may reflect a primary (at the time of sulphide deposition) metal zonation. Lower Zone mineralization was not intersected in holes BR-07-25 to BR-07-27 inclusive. The Lower Zone appears to pinch out as the zone approaches the surface in the southeastern portion of the grid area but remains open to the north and northeast.

To date Manicouagan Minerals has drilled a total of approximately 9,000 metres on the project. The Phase II program which commenced in June of this year with drill hole BR-07-21 is expected to consist of approximately 30 to 40 holes totaling some 12,000 to 15,000 metres of diamond drilling. Manicouagan has rented a lot from the community of Brabant Lake and will be establishing a long-term core logging, sampling and storage facility there.

No assays are available for drill holes BR-07-24 and 24A which were abandoned.

A table showing drill results to date as well as additional information on the
project is available on the Company's website at www.manicouaganminerals.com. An updated drill hole location plan will be posted on the Company's website once it is available.

Additional information concerning the deposit has been incorporated into an amended NI 43-101 Technical Report prepared by MPH Consulting Ltd and filed with the Company's filings at www.sedar.com on August 21, 2007. This Technical Report can also be viewed on the Company's website at www.manicouaganminerals.com.

The Brabant Lake property consists of 21 contiguous claims registered as ML 5054 and is located immediately east of Highway 102 some 175 km from the all services community of La Ronge, Saskatchewan.

Exploration programs are being carried out under the supervision of Rod Thomas, Vice President -- Exploration of the Company. Mr. Thomas, a professional geologist, has reviewed and verified the technical content of this press release on behalf of Manicouagan Minerals and is a "Qualified Person" as defined in National Instrument 43-101. Manicouagan employs 43-101 compliant QA/QC procedures at all points in the sampling, handling, storage and shipment of samples. Blind standards and blanks are inserted into the sample sequence in the field. Analytical services are provided by TSL Laboratories of Saskatoon, Saskatchewan. Samples are crushed, riffle split and pulverized to yield a 250 gram pulp with - 95% -150 mesh. Ag, Cu, Pb and Zn assay is by multi-acid digestion; samples for Ag (g/tonne) and base metals (%) are weighed at 0.5 g. Samples for Au fire assay/gravimetric are weighed at 1 AT (29.16 g). Details on analytical techniques employed by TSL Laboratories may be found on the laboratories' website at www.tsllabs.com.

Manicouagan Minerals Inc. is a Canadian based exploration company with a diversified portfolio of properties. The Company currently holds four base metal projects located in Saskatchewan and Quebec, on which exploration programs are ongoing.

Additional information about Manicouagan Minerals and its exploration projects can be found at www.manicouaganminerals.com.

All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.

The TSXV has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release. The TSXV has neither approved nor disapproved the contents of this news release.

Contact Information