Vulcan Minerals Inc.

Vulcan Minerals Inc.

September 28, 2009 12:49 ET

Vulcan Minerals Inc.: Drilling Update

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - Sept. 28, 2009) - Vulcan Minerals Inc. ("the Company") (TSX VENTURE:VUL) is pleased to announce that the Vulcan -Investcan Robinson's #1 well, onshore western Newfoundland, is currently drilling ahead at 3440 metres. Drilling operations were suspended for 4 days last week due to mechanical rig repair downtime. The well is a frontier wildcat well designed to test a seismically defined structure in the Carboniferous aged Bay St George basin. It is being drilled pursuant to a 50/50 joint venture with Investcan Energy Corporation. The well has a projected total depth of 3600 metres. It is anticipated that it will take 10-14 days to finish drilling and carry out the necessary evaluation of the well.

Vulcan is a diversified junior exploration company focused on petroleum exploration in the under-explored Western Newfoundland and Labrador areas and also holds mineral interests in areas strategic to its operations in Newfoundland and Labrador.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

There can be no assurance that forward-looking information will prove to be accurate. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the forward-looking information. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise

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