Confederation Minerals Ltd. ("Confederation" or the "Company") (TSX VENTURE:CFM)
reports that it has granted incentive stock options, exercisable to purchase up
to an aggregate of 2,000,000 shares of the Company, to directors and consultants
of the Company. The options are all exercisable at the price of $0.57 per share
until January 30, 2017, subject to any earlier termination in accordance with
their terms.


About Confederation Minerals Ltd.

Confederation Minerals Ltd. is a British Columbia based company engaged in the
business of acquisition, exploration and development of mineral properties. Its
objective is to locate and develop economic precious and base metals properties
of merit. Confederation Minerals Ltd. holds an option agreement to acquire up to
70% of the Newman Todd project in the Red Lake Mining District of Northern
Ontario as well as 100% ownership in two other properties in the Red Lake Mining
District of Ontario.


On Behalf of the Board, Confederation Minerals Ltd.

Lawrence A.Dick, Ph.D., P.Geo, President, CEO, and Director
Confederation Minerals (TSXV:CFM)
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