Quinto Mining Corp.

April 16, 2008 17:20 ET

Quinto Receives Final Assays on Peppler 2007 Drill Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 16, 2008) - Quinto Mining (TSX VENTURE:QU) has received the final assays from the 2007 drill program at the Peppler Lake property. 14 holes were released previously; the remaining three holes are listed in the following table:

Hole number from (m) to (m) length (m) Fe%
PL-03-07 15 144 129 24.67
PL-07-07 15 168 153 23.32
PL-09-07 18 201 183 29.52

In addition to the Peppler Lake and Lamelee deposits, the projects other satellite properties, Lac Jean, and Hobdad Lake are located on the southern end of the Quebec-Labrador trough iron formation. These deposits are adjacent to the north-south highway from Baie Comeau to Wabush and a main Quebec Hydro powerline. The Fire Lake Deposit located approximately 15 km from Peppler Lake, is currently being mined and iron ore is being shipped to the Mont-Wright mill by railroad.

R. J. Nethery P. Eng. is the qualified person for the Peppler Lake project.

About the Company

Quinto Mining Corporation (QU) is a junior mining exploration development company with two advanced projects in the Province of Quebec. The Peppler Lake Iron Ore project is located in the Mont-Wright region of North Central, Quebec, approximately half way between the mining towns of Gagnon and Fermont. The Lac Gueret graphite project is located 300 km North Northwest of Baie Comeau along the Southwest shore of Reservoir Manicouagan. Further information is available at www.quintomining.com.

Forward Looking Information

Certain information regarding the Company set forth in this press release, including the use of proceeds, and management's assessment of the Company's future plans and operations contain forward looking information that involve substantial known and unknown risks and uncertainties. The forward looking information is subject to numerous risks and uncertainties, some of which are beyond the Company's and management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, imperfection of reserve estimates, environmental risks, industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. The Company's actual results, performance or achievement could differ materially from those expressed in or implied by, the forward looking information and accordingly, no assurance can be given that any of the events anticipated to occur or transpire form the forward looking information will provide any benefits to the Company.


Tyrone Docherty, President

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