Manicouagan Minerals Inc.

Manicouagan Minerals Inc.

January 22, 2007 09:26 ET

Manicouagan Reports Significant Drill Results From Its Brabant Lake Zinc Deposit - 13.16 metres of 9.7% Zinc

TORONTO, ONTARIO--(CCNMatthews - Jan. 22, 2007) -

Attention Business Editors:

Manicouagan Minerals Inc. (TSX VENTURE:MAM) announced today additional assay results from the drilling program currently underway on the Brabant Lake zinc deposit. Results have been received for drill holes BR-06-06, BR-06-07 and BR-07-08 and are presented in the table below.

Hole Zone From To Length(ii) Zn(%) Cu(%) Pb Ag Au
ID ID (m) (%) (g/t) (g/t)
06 Upper 324.90 329.47 4.57 2.26 0.62 0.17 31.16 0.13
Lower(i) 362.10 364.45 2.35 8.62 1.27 0.28 59.98 0.26
(i)including 362.1 362.88 0.78 17.1 0.72 0.03 35 0
07 Upper 293.07 296.64 3.57 5.80 1.30 0.50 44.40 0.11
Lower(i) 344.11 348.05 3.94 2.15 0.19 0.32 62.14 0.65
(i)including 345.36 345.72 0.36 19.30 0.20 0.06 10 0
08 Upper 234.69 239.38 4.69 5.54 0.72 0.10 20.60 0.03
Lower(i) 265.04 278.20 13.16 9.70 0.61 0.03 18.75 0.07
(i)including 265.04 268.36 3.32 22.91 0.85 0.01 23.05 0.10
(i)including 275.08 278.20 3.12 11.50 0.79 0.01 19.46 0.07
Footwall 278.20 291.76 13.56 3.23 0.55 0.84 52.58 0.15
(ii)down-hole length approximately 85% true width except in Footwall Zone
where true width is unknown

Since drilling commenced in November of 2006, drill hole BR-07-08 has provided the best results in terms of the length of the assayed interval and grade of mineralization. In hole BR-07-08 the Lower Zone assayed 9.7% zinc,
0.61% copper, 0.03% lead, 18.75 g/t silver and 0.07 g/t gold over 13.16 metres including 3.32 meters of 22.91% zinc, between 265.04 and 268.36 metres down-hole and 3.12 metres of 11.50% zinc, between 275.08 and 278.20 metres
down-hole. One sample (No. 892217) from 265.04 to 266.34 metres (1.3 metres)down-hole in BR-07-08 assayed 36.8% zinc.


A zone of well developed lead-silver mineralization was intersected below the Lower Zone. The mineralization in this new zone, referred to as the Footwall Zone, has been observed in several other holes on the property
however in BR-07-08 it is particularly well developed yielding 13.56 metres of 3.23% zinc, 0.84% lead, 0.55% copper, 52.58 g/t silver and 0.15 g/t gold. The area below the Lower Zone is virtually unexplored and the discovery of the Footwall Zone in BR-07-08 underlines the potential for the discovery of additional mineralization beneath the Lower Zone.

Upper and Lower zone mineralization was also intersected in both BR-06-06 and BR-06-07 confirming the presence of both the Upper and Lower zones in this portion of the deposit. In these holes, as well as BR-07-08, Lower Zone
mineralization is noticeably enriched in zinc and silver as compared to Upper Zone mineralization. These results continue to support the objective of the current program which is to focus drilling efforts on the Lower Zone which constitutes only 25% of the known inferred resource and is relatively under-explored.

As previously reported, drill crews returned to the property on January 4th, 2007. Hole BR-06-05 was abandoned due to drilling problems and replaced by BR-07-08. Drill hole BR-07-09 is complete (assays pending) and drilling is currently underway at set-up F which tests a portion of the down plunge extent of the deposit. A drill hole location plan, a table showing drill results to date as well as additional information on the project is available on the Company's website at

The Brabant Lake zinc deposit consists of an inferred resource of 4,858,000 tonnes grading 5.19% zinc, 0.57% copper, 0.28% lead, 22.59 g/t silver and 0.22 g/t gold and was the subject of an NI 43-101 Technical Report
completed by MPH Consulting Ltd. and dated September 15th, 2006. The Brabant Lake Technical Report can be viewed on the Company's website at A copy can also be found with the Company's
filings at

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 approximately 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

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

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.

See attached location map:

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