Zinc

[Lone Clone]

Full Metal Intersects 44.6 meters 15.9% Zinc, 4.5% Lead, 76.6 g/t Silver at 40 Mile Project
Thursday June 21, 10:44 am ET

http://ca.us.biz.yahoo.com/iw/070621/0269416.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jun 21, 2007 -- Full Metal Minerals (CDNX:FMM.V - News) is pleased to announce that assay results from the initial hole completed at the LWM Prospect on the 40 Mile Property have been received from significant intervals of massive sulphide mineralization.

Drill Hole LWM07-04 was collared approximately 50 meters south of the near surface 2006 Discovery hole (LWM06-01 12.1 meters averaging 15.7% Zn, 4.0% Pb and 110.9 g/t Ag). Two massive sulphide intervals were encountered. The results are as follows:

 
 Hole-ID     From      To   Length   Ag (g/t)   Zn %   Pb %(i)    Cu % 
 LWM07-04    14.1   26.37    12.27      68.6     8.1      3.7     0.13 
  
             74.2  118.77    44.57      76.6    15.9      4.5     0.19 
 including  98.67  118.77     20.1     159.4    19.7      9.4     0.37 
 (i) Additional assays greater than 25% Pb are pending 
 

Prior to the Full Metal discovery hole (LWM06-01) and the recent step-out holes no other drilling has taken place on the LWM prospect. Drilling has occurred peripheral to a large 'kill zone', an area devoid of vegetation due to either high acid or metal content within soil, related to the massive sulphide mineralization at LWM.

To-date, six drill holes have been completed during the 2007 program at LWM, with four holes encountering significant intervals of massive sulphide mineralization. Drilling has encountered mineralization in an approximate 100 meter by 150 meter area, and is wide-open for expansion. Results from the additional drill holes are expected over the next couple of weeks.

Drill hole LWM07-04 was drilled at a -60 degrees dip angle and collared to the south from LWM06-01. Massive sulphide mineralization occurs as massive, to brecciated coarse grained sphalerite and galena with local chalcopyrite, hosted within carbonates, and a fine-grained dolomite altered intrusive unit. A semi-continuous 20.1 meter interval of massive sulphide mineralization averaged 19.7% Zn, 9.4% Pb, 159.4 g/t Ag and 0.37% Cu. Full Metal is currently waiting for overlimit lead assays (over 25% Pb) from several samples within this massive sulphide interval.

The mineralization style is consistent with carbonate replacement deposit (CRD) zinc-lead-silver systems. Worldwide analogs of this style of mineralization include Leadville, Colorado, Pine Point and Polaris deposits, NWT. The mineralization within the upper 50 meters of LWM07-04 is partially oxidized. Due to the irregular geometries of CRD mineralizing systems, true widths and orientation of the mineralized zone is not known at this time. A plan map with drill hole locations will be available shortly on Full Metal's website at www.fullmetalminerals.com.

A ground magnetic survey is currently underway to help geologic crews get a better understanding of stratigraphy at LWM. The drill is currently completing three holes at the Fish CRD prospect, located 6 kilometers east of LWM. In 2006, Full Metal drilled significant intervals of silver and zinc oxide mineralization, drilled along 500 meters of strike, and 175 meters down-dip, within a massive sulphide gossan (See FMM 2006 NR #29, Dated November 2, 2006). Following completion of these holes, the drill rig will move back to LWM. Full Metal is currently looking into the availability of a second drill rig at LWM.

Full Metal has an option earn a 100% interest in the mineral rights to over 800,000 acres of lands owned and selected by Doyon, Ltd., an Alaska Native Regional Corporation (See FMM 2006 NR #9, Dated May 23, 2006). Fish and LWM occur within an over 90 kilometer long trend of CRD-style prospects, the majority of which have never been drill tested. Full Metal is also completing a regional exploration program to evaluate mineral potential, and identify drill targets elsewhere on the 40 Mile Property.

Full Metal's 2007 exploration program is performed under the supervision of Robert McLeod, P.Geo, Vice-President Exploration for Full Metal Minerals, and a Qualified Person as defined by NI 43-101. Drill cores are cut in half using a diamond saw, with one-half placed in sealed bags, and delivered to ALS-Chemex Labs facility in Fairbanks, Alaska. A sample quality control/quality assurance program is in place. Mr. McLeod prepared and approved the information contained in this release.

Full Metal has twelve active projects in Alaska and one in the Yukon Territory. Drilling is ongoing at the 100%-owned Lucky Shot gold, and Mount Andrew copper-gold projects. Full Metal has Joint Venture agreements with Metallica Resources, Andover Ventures, Triex Minerals and First Factor Development Inc.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Williams, President and Director

Some statements in this news release contain forward-looking information, including without limitation statements as to planned exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of exploration programs on schedule and the success of exploration programs.



The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.


Contact:

Contacts:
Full Metal Minerals Inc.
Jeff Sundar
Manager, Investor Relations
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.fullmetalminerals.com


Source: Full Metal Minerals Ltd.