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Now .67 Vanguard Acquires Second Uranium Prospect -- Geophysics Indicates Potential for Athabasca Unconformity-Type Uranium Deposits
BusinessWire - April 07, 2008 4:00 PM ET

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Vanguard Minerals Corporation (OTCBB: VNGM) (FWB: N5W) is pleased to report it has acquired a 50% interest in the LeDrew Lake uranium prospect in the Athabasca basin of northern Saskatchewan ("LeDrew Lake"). The acquisition includes a current geological report, airborne geophysical data and an accompanying geophysical interpretation. As a result of previous work on the property, several structures capable of hosting uranium mineralization have been identified for detailed ground follow-up and drilling.

The LeDrew Lake property covers 343 hectares along the eastern margin of the Athabasca basin in the Mudjatik Domain. Since the Rabbit Lake discovery in 1968, numerous uranium deposits have been discovered in the Mudjatik Domain near the LeDrew Lake property. To the south, Hathor Exploration Ltd. has recently announced a world class uranium discovery at its Midwest project. Hathor's announced drill results are some of the best uranium intersections reported by any company in recent history. One such example is 11.9 meters grading 5.29% uranium; the equivalent of 166 pounds of uranium or $8,200 per tonne.

During 2007, airborne geophysical surveys were completed on the LeDrew Lake property. The aeromagnetic and radiometric data was reviewed by the Company's consulting geologists and geoscientists who provided their assessment and interpretations in a NI 43-101 compliant technical report.

The LeDrew Lake property is overlain by Athabasca Basin sediments and shows evidence of possible basement sedimentary units inferred from the magnetic lows in the Terraquest aeromagnetic data. In the Athabasca Basin, these two characteristics can represent the presence of unconformity-type uranium deposits. In addition, several faults inferred from XDS-VLF EM data cross-cut the possible basement sediments and thus are a third possible control for unconformity mineralization.

This year's exploration program at Le Drew Lake will focus on these potential sources of uranium mineralization through: helicopter-supported property-scale boulder sampling and prospecting, close-spaced ground geophysics and drilling. With two projects in close proximity ready for ground geophysics and drilling, management is currently in negotiation with geophysical and drill contractors in preparation for the start of this year's exploration in May. Management is also reviewing other opportunities to acquire additional property in the region, both grassroots and property with varying amounts of previous exploration.

Vanguard Minerals Corp is a resource exploration company based in Seattle, Washington, USA, committed to the strategic acquisition and exploration of uranium projects. The company's prime focus currently rests in several prospective holdings in proximity to the world's most productive uranium deposits in Western Canada.

To find out more about Vanguard Minerals Corp., please contact Vladimir Fedyunin, President and CEO, at 206-652-3246 or email [e-mail].

You may also visit our website at www.vanguardminerals.com.

Vanguard Minerals Corporation

Vladimir Fedyunin , President

This release contains statements that constitute forward-looking statements including but not limited to comments regarding the timing and contents of upcoming work programs, geophysical, geological interpretations, etc. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and those actual results may differ materially from those projected in the forward-looking statements as a result of Various factors.

SOURCE: Vanguard Minerals Corporation

Vanguard Minerals Corp.
Vladimir Fedyunin, President and CEO, 206-652-3246
[e-mail]