Vulcan Minerals Inc. ("the Company" - "Vulcan") (TSX VENTURE:VUL) has completed
an internal report entitled 'Report on a Review of Geophysical Data, Tasisuak
Lake Property, Labrador (Nickel, Copper, Platinum Group Elements)" authored by
Corwin Northcott, P. Geo., Geophysicist/Exploration Manager for the Company. The
report is not compliant with National Instrument 43-101 Standards as it is
designed for internal exploration program design purposes. A comprehensive
review, digitization and database creation was completed to allow several
vintages of geophysical data to be integrated and correlated with drill results
and geology. The data were internally correlated with historic information which
required geo-referencing and digital editing. As a result the Company now has an
unprecedented database from which to advance the understanding, exploration and
development of this property.


The Company owns a 100% working interest in the property covering 219 claims
(13,529 acres) in northern Labrador approximately 50 kilometres northwest of the
Voisey's Bay nickel-copper mine. In excess of $3,000,000 of exploration expenses
have been incurred on the property by previous operators, the bulk of those
expenditures were by parties that had optioned the property from the Company.
The company re-acquired a 100% interest in the property in 2012 subject to a
capped royalty with buyout rights.


The Property has undergone four rounds of drilling, 2040 metres (m) in 1995,
1700 m in 1996 (associated with the Voisey's Bay staking rush), 2300 m in 2005
and 1960 m in 2008. Much of the drilling focussed on outcrop mineralization and
as a result had relatively shallow depth penetration of less than 150 metres. In
addition to the nickel-copper discoveries, anomalous platinum group elements and
gold were also encountered in the mineralized zones. Some of the near surface
drilling highlights are as follows; Nickel (Ni), Copper (Cu) Cobalt (Co):




--  14 metres of 1.02% Ni, 0.51% Cu, 0.03% Co, (Hole 08-AA-60) 
--  9 metres of 1.02% Ni, 0.55% Cu, 0.04% Co, (Hole 08-LP-55) 
--  3 metres of 1.04% Ni, 0.38% Cu, 0.03% Co (Hole 08-LP-56) 
--  3 metres of 1.01% Ni, 0.39% Cu, 0.04% Co (Hole 08-AA-62)



The property includes claims covered by three airborne frequency domain
electromagnetic systems spread over three different grids (1400km) in 1995 and a
VTEM time domain system (610km) in 2008. Ground surveys include three magnetic
and HLEM grids, three UTEM grids, two gravity grids and one induced polarization
(IP) grid dating from 1995-2005.


The property contains disseminated, stringer and semi-massive pyrrhotite,
chalcopyrite (Copper) and pentlandite (Nickel) hosted in norite intrusives; and
massive pyrrhotite (barren) in close affinity with graphite bearing gneisses.
All of the rocks have anomalous magnetic and electrical properties. The
exploration challenge is to discriminate the nickel-copper sulphides from the
unmineralized pyrrhotite and graphitic gneiss. As a result of the
interpretational work, several matrices were used to identify and prioritize
potential drill targets with geophysical attributes comparable to the known
nickel-copper bearing norite occurrences. Multiple new drill targets have been
identified over trends exceeding seven (7) km in length. This is in addition to
the delineation targets on the known mineralized zones. 


The Company is of the view that the property requires an extensive drill
campaign to systematically evaluate the various targets, especially given the
proven nickel-copper magmatic sulphides already discovered at surface. The
Company plans to solicit joint venture partners to advance the exploration of
the property. However the Company is currently reviewing the merits of
conducting its own 2014 summer field program to ground check the various new
drill targets identified from the geophysical/geological review. Plans for a
2014 work program will be released as formulated.


Patrick J. Laracy, P. Geo, President, and Corwin Northcott, P. Geo, Exploration
Manager, are qualified persons responsible for the contents of this news release
as defined in National Instrument 43-101.


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


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. We seek safe harbour. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Vulcan Minerals Inc.
Patrick J. Laracy
President
(709) 754-3186
(709) 754-3946 (FAX)
info@vulcanminerals.ca
www.vulcanminerals.ca

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