VUL Vulcan Minerals Inc

Vulcan Minerals Inc. ("the Company" - "Vulcan") (TSX VENTURE:VUL) is pleased to
announce that it has applied for ten (10) metallic and industrial mineral
permits in the western Athabasca area of Alberta approximately 50 Km east of
Fort McMurray. The proposed permits encompass approximately 225,000 acres known
as the Athabasca Border property. The primary target of the permits is western
Athabasca Basin style uranium deposits similar to the recent discoveries of
Fission Uranium Corp. and Alpha Minerals Inc. at Paterson Lake South
approximately 50 miles northeast. The Paterson Lake South discovery is one of
the most significant new mineral discoveries in the world and has attracted
significant market interest and a staking rush in the western margins of the
Athabasca Basin. The proposed permits lie along a major basement magnetic
lineament connecting to the Paterson Lake area. Based on regional and local
geology the prospective Precambrian basement rocks are overlain by a veneer of
Phanerozoic cover sediments. These cover rocks have provided a degree of
protection from erosion to any underlying deposits and a potential trapping
mechanism for any rejuvenated mineralized fluids. The Company continues to
compile all available technical information in the area to formulate a detailed
exploration program in anticipation of the issuance of the permits.


The Alberta Department of Energy has indicated that the applications should be
processed by October. There is no guarantee the permits will be issued though
numerous such permits are issued in this area of Alberta, held by various
parties including Fission Uranium Corp.


Red Moon Potash, a subsidiary of the Company, has released positive drilling
results on its salt/potash project in western Newfoundland. The release is
available at www.redmoonpotash.com.


Patrick J. Laracy, P.Geo., President and CEO, a qualified person as defined by
National Instrument 43-101, is responsible for the preparation of this release.


Vulcan is a diversified junior exploration company with mineral and petroleum
exploration interests in Newfoundland and Labrador.


The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release. This release may contain certain
forward-looking statements. Actual events or results may differ from the
Company's expectations. Certain risk factors beyond the Company's control may
affect the actual results achieved. Accordingly, readers are advised not to
place undue reliance on forward-looking information. Except by law, the Company
undertakes no obligation to publicly update or revise forward-looking
information.


Shares Issued: 58,526,129

FOR FURTHER INFORMATION PLEASE CONTACT: 
Vulcan Minerals Inc.
Patrick J. Laracy, President
Gerri A. MacNeil, Business Manager, Investor Relations
709-754-3186
info@vulcanminerals.ca
www.vulcanminerals.ca

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