Mr. Mario Pezzente reports

MUSK METALS BEGINS EXPLORATION AT ITS FAFNIR LAKE URANIUM AND MOLYBDENUM PROPERTY IN QUEBEC

Musk Metals Corp. has begun exploration on its 100-per-cent-owned Fafnir Lake molybdenum property, located in the Upper Laurentides region of Quebec. The company is carrying out detailed outcrop sampling in an area roughly four kilometres by one kilometre encompassing both the Fafnir Lake and Huillier Lake showings, which are nearly three kilometres apart.

The Fafnir Lake property consists of 36 claims covering 2,102 hectares (21 square kilometres). The property is approximately 75 kilometres north of the town of Mont-Laurier and has good access through a network of secondary and lumber roads. The property comprises the Huillier Lake and Fafnir Lake showings.

The Fafnir Lake showing was discovered in 2006 and consists of an intensely altered pegmatite body, where a grab sample yielded 0.16 per cent uranium oxide (U3O8), 0.06 per cent molybdenum, 0.06 per cent lead, 0.15 per cent zirconium and 92 parts per million niobium. Approximately 750 metres to the north-northwest, historical drill hole C-8 returned 0.19 per cent U3O8 over three metres.

Another outcrop, 1,000 metres north-northwest of the Fafnir Lake showing, returned 0.02 per cent U3O8, less than 0.01 per cent Mo, 0.01 per cent Pb, 0.04 per cent Zr and 44 ppm Nb. In addition, an outcrop 1,100 metres south of the Fafnir Lake showing yielded 0.02 per cent U3O8, 0.01 per cent Mo, 0.04 per cent Pb, 0.49 per cent Zr and 28 ppm Nb.

Discovered in 1968 and never followed up, the Huillier Lake showing is nearly three kilometres north of the Fafnir Lake showing and consists of at least five light-coloured and parallel pegmatite dikes, striking almost due north and dipping 10 degrees to 20 degrees to the east. A total of three historical holes drilled from the Huillier showing crosscut several 0.3-metre-to-0.6-metre-wide intervals that assayed 0.06 per cent to 0.11 per cent U3O8; no assays were available for Mo, Pb, Zr or Nb.

In the early 2000s, government geologists have mapped many new pegmatite outcrops along a northern trend between both Fafnir Lake and Huillier Lake showings. These pegmatite outcrops were never followed up for molybdenum, lead or niobium despite similar geological features. Of interest, some of these pegmatite outcrops are large and exceed 900 square metres in size, suggesting a large pegmatite system may be present in the vicinity of both the Fafnir Lake and Huillier Lake showings.

Musk Metals cautions that the geological information provided in this news release is of historical nature and mineralization may not be representative of mineralization on the Fafnir Lake property.

Benoit Moreau, PEng, a qualified person as defined by National Instrument 43-101, and vice-president of exploration for Musk Metals, is responsible for the technical information contained in this news release.

About Musk Metals Corp.

Musk Metals is a publicly traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada's top mining jurisdictions. The company's properties are in the Chapais-Chibougamau, Abitibi, Upper Laurentides, Temiscamingue and James Bay regions of Quebec and the Golden Triangle district of British Columbia.

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