Mr. Jonathan Hamel reports

MOSAIC COMPLETES ITS EXPLORATION CAMPAIGN ON MIRABELLI

Mosaic Minerals Corp. has completed its exploration work on the Mirabelli SM project, located near Eastmain, James Bay, Que. A total of 62 samples were collected in four areas, covering mainly the northern part of the property. Assay results are expected to be available in the coming weeks.

The Mirabelli SM property is formed of 345 cells with an area of nearly 20 square kilometres and is located approximately 15 kilometres southeast of the municipality of Eastmain. It is accessible by the Eastmain Village provincial road. The Mirabelli SM sector, which has been very little prospected over the years, could be conducive to the discovery of new metal or mineral indices. Intersected by several major faults located in contact with volcanogenic horizons and tonalitic intrusive, this property presents a geological environment favourable to the presence of gold, silver, base metals and lithium.

"We are pleased to have been able to complete the exploration campaign on Mirabelli. The desired sectors were covered to follow up on the campaign last June, which had been shorter than expected due to the weather. We are eager to see the assay results, which should be available in the coming weeks," concluded Jonathan Hamel, president and chief executive officer of Mosaic.

The scientific and technical information of Mosaic Minerals included in this news release has been reviewed and approved by Gilles Laverdiere, PGeo, vice-president of exploration of Mosaic Minerals and qualified person under National Instrument 43-101 respecting information concerning mining projects.

About Mosaic Minerals Corp.

Mosaic Minerals is a Canadian mining exploration company listed on the Canadian Securities Exchange focusing on the exploration of critical minerals such as nickel in the province of Quebec.

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