Morgain Minerals Inc.
TSX VENTURE : MGM

Morgain Minerals Inc.

February 22, 2007 12:55 ET

Morgain Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 22, 2007) - Morgain Minerals Inc. (TSX VENTURE:MGM) is pleased to announce the appointment of Rodrigo Sanchez-Mejorada to its Board of Directors.

Mr. Sanchez-Mejorada is a Managing Partner of the law firm of Sanchez-Mejorada, Velasco y Ribe in Mexico. He is an advisor to several multinational mining, industrial and service companies, and has served as an advisor and outside legal counsel to the Mexican Government (Nacional Financiera, Ministry of the Treasury and Public Credit, Ministry of Energy, Mines and State Industry). He co-drafted the 1990 Regulations of the Mining Law and the current Mining Law of Mexico (1992), as well as serving as an advisor on amendments to the Mining Law (approved by the Mexican Congress in 2005). In 1998, Mr. Sanchez-Mejorada served as a member of the World Bank mission to Nicaragua regarding the modernization of the mining legislation of that country. In addition to his law degree, Mr. Sanchez-Mejorada holds a MBA from Harvard University and is an author and frequent lecturer on mining laws, regulations and business in Mexico.

Morgain has granted stock options to Mr. Sanchez-Mejorada to purchase up to a total of 200,000 common shares in the capital of the Company at a price of $0.35 per share. The options are exercisable for a five year period.

About Morgain Minerals Inc.

Morgain Minerals Inc. is an emerging gold mining company focused on the acquisition and development of profitable gold mines in Mexico. Morgain is currently developing its 100% owned Castillo Gold Project located in the State of Durango, Mexico. Visit Morgain's website www.morgainminerals.com for the latest corporate information.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

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