Papuan Precious Metals Corp.
TSX VENTURE : PAU

Papuan Precious Metals Corp.

February 15, 2011 14:21 ET

Papuan Precious Metals Announces New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 15, 2011) - Papuan Precious Metals Corp. (the "Company") (TSX VENTURE:PAU) is pleased to announce the appointment of Mr. Ross McElroy to the board. Mr. McElroy is a professional geologist with over 24 years of experience in the Canadian mining industry. His career has encompassed involvement and management of many types of mineral projects from grass roots exploration to feasibility and production and he brings this wide range of experience to the PPM team. In 2010 Mr. McElroy, President and COO of Fission Energy Corp, was recognized for the "J-Zone" uranium discovery at its Waterbury Lake Property.

The Company wishes to thank David Ward who will step down from the board but will continue to assist the Company on a project to project basis.

ON BEHALF OF THE BOARD

Devinder Randhawa, Chairman & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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