Zinc

[Lone Clone]

Manicouagan Reports Additional Drill Results From Brabant Lake Including 15.88% Zinc Over 6.93 Metres
Thursday May 17, 8:30 am ET
PHASE II DRILLING PROGRAM TO COMMENCE EARLY JUNE

http://biz.yahoo.com/ccn/070517/200705170391348001.html?.v=1

TORONTO, ONTARIO--(CCNMatthews - May 17, 2007) - Manicouagan Minerals Inc. (TSX VENTURE:MAM - News) announced today additional encouraging assay results from the five most recently completed holes of the Phase I drilling program at the Company's Brabant Lake zinc deposit. Results for drill holes BR-07-16, BR-07-17, BR-07-18, BR-07-19 and BR-07-20 are presented in the table below. As previously reported on April 24, 2007 drilling on the property is expected to resume on June 4, 2007 following spring break-up. Results are being compiled and evaluated to formulate a systematic Phase II drill program that meets Manicouagan's objective of producing a new resource estimate in late 2007 or early 2008. Phase II drilling is planned to consist of 30 to 40 holes for an additional 12,000 to 15,000 metres of core drilling.

 
 --------------------------------------------------------------------------- 
 Hole  Zone                    Length(ii)    Zn     Cu     Pb      Ag    Au 
 ID    ID(i)    From       To         (m)    (%)    (%)    (%)   (g/t) (g/t) 
 --------------------------------------------------------------------------- 
 16      UZ   291.89   293.64       2.84   8.92   1.01   0.13   35.55  0.15 
 --------------------------------------------------------------------------- 
         LZ   330.60   339.10       8.50   3.91   0.52   2.70  112.00  0.38 
 --------------------------------------------------------------------------- 
  
 --------------------------------------------------------------------------- 
 17      UZ   153.81   154.21       0.40   5.32   7.42   0.05  148.00  0.05 
 --------------------------------------------------------------------------- 
         LZ   157.62   165.91       8.29   7.70   0.55   0.20   17.37  0.00 
 --------------------------------------------------------------------------- 
  
 --------------------------------------------------------------------------- 
 18      UZ   212.35   213.05       0.70   6.61   0.54   0.09   29.71  0.01 
 --------------------------------------------------------------------------- 
         LZ   239.05   250.25      11.20   8.19   0.68   0.09   29.71  0.00 
 --------------------------------------------------------------------------- 
        FWZ   250.53   256.88       6.35   1.96   0.58   2.11  177.42  2.74 
 --------------------------------------------------------------------------- 
  
 --------------------------------------------------------------------------- 
 19      UZ   231.95   235.00       3.05   4.59   0.16   0.07    2.53  0.00 
 --------------------------------------------------------------------------- 
         LZ   263.34   270.27       6.93  15.88   0.72   0.35   63.57  0.11 
 --------------------------------------------------------------------------- 
  
 --------------------------------------------------------------------------- 
 20      UZ   250.73   253.85       3.12   3.31   0.22   0.13   11.62  0.04 
 --------------------------------------------------------------------------- 
         LZ   271.72   275.86       4.14   6.28   0.83   1.38   43.77  0.08 
 --------------------------------------------------------------------------- 
 (i) Upper Zone (UZ), Lower Zone (LZ) and Footwall Zone (FWZ) 
 (ii) down-hole length approximately 85% true width 
  
 

In drill hole BR-07-18, a well developed interval of the Footwall Zone (FWZ) mineralization returned the best precious metal assays of the Phase I drill program assaying 177.42 g/t silver, 2.74 g/t gold and 2.11% lead over 6.35 metres. The FWZ is also well developed in drill holes BR-07-08 and BR-07-13 (see MAM Press Releases of April 24, 2007 and January 22, 2007, respectively).

Hole BR-07-19 yielded the best zinc assay in this series of five holes returning 15.88% zinc over an interval of 6.93 metres.

A drill hole location plan, a table showing drill results to date, as well as additional information on the project is available on the Company's website at www.manicouaganminerals.com.

The Brabant Lake zinc deposit currently consists of an inferred resource of 4,858,000 tonnes grading 5.19% zinc, 0.57% copper, 0.28% lead, 22.59 g/t silver and 0.22 g/t gold and was the subject of an NI 43-101 Technical Report completed by MPH Consulting Ltd. and dated September 15, 2006. The Brabant Lake Technical Report can be viewed on the Company's website at www.manicouaganminerals.com. A copy can also be found with the Company's filings at www.sedar.com.

The Brabant Lake property consists of 21 contiguous claims registered as ML 5054 and is located immediately east of Highway 102 some 175 km from the all services community of La Ronge, Saskatchewan.

Exploration programs are being carried out under the supervision of Rod Thomas, Vice President - Exploration of the Company. Mr. Thomas, a professional geologist, has reviewed and verified the technical content of this press release on behalf of Manicouagan Minerals and is a "Qualified Person" as defined in National Instrument 43-101. Manicouagan employs 43-101 compliant QA/QC procedures at all points in the sampling, handling, storage and shipment of samples. Blind standards and blanks are inserted into the sample sequence in the field. Analytical services are provided by TSL Laboratories of Saskatoon, Saskatchewan. Samples are crushed, riffle split and pulverized to yield a 250 gram pulp with approximately 95% -150 mesh. Ag, Cu, Pb and Zn assay is by multi-acid digestion; samples for Ag (g/tonne) and base metals (%) are weighed at 0.5 g. Samples for Au fire assay/gravimetric are weighed at 1 AT (29.16 g). Details on analytical techniques employed by TSL Laboratories may be found on the laboratories' website at www.tsllabs.com.

Manicouagan Minerals Inc. is a Canadian based exploration company with a diversified portfolio of properties. The Company currently holds four base metal projects located in Saskatchewan and Quebec, on which exploration programs are ongoing.

Additional information about Manicouagan Minerals and its exploration projects can be found at www.manicouaganminerals.com.

All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.

The TSXV has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release. The TSXV has neither approved nor disapproved the contents of this news release.


Contact:

Joseph Baylis
Manicouagan Minerals Inc.
President and Chief Executive Officer
[phone]
Email: [e-mail]
Website: www.manicouaganminerals.com

Source: Manicouagan Minerals Inc.