Lakeside Minerals Inc. (TSX VENTURE:LAK) (the "Company") is pleased to announce
that Lakeside Minerals Corp. ("Lakeside"), a wholly-owned subsidiary of the
Company, has entered into an agreement with Melkior Resources Inc. (TSX
VENTURE:MKR) ("Melkior") to acquire twenty-one (21) mineral claims ("Mineral
Claims") adjacent to Lakeside's Launay property claim blocks located in Privat
and Launay Townships, northwestern Quebec. 


Under the terms of the agreement, Lakeside can acquire a 100% interest in the
Mineral Claims subject to the Company issuing 750,000 common shares to Melkior
and recognizing the continuance of third party net smelter royalties on the
Mineral Claims. 


The issuance of common shares of the Company as consideration for the
acquisition of the Mineral Claims is subject to final approval by the TSX
Venture Exchange pursuant to Policy 5.3. 


The Company plans to carry out additional claim acquisitions in the vicinity of
the Launay property to consolidate non-contiguous claims and to cover additional
prospective ground over the Macamic deformation zone and subsidiary faults.


Newly Acquired Mineral Claims 

The newly acquired Minerals Claims comprise two separate blocks: the Trojan and
Launay South blocks. The Trojan block consists of fifteen (15) contiguous
claims, covers 6.27 sq km and straddles 3 km of the Macamic deformation zone. It
is located northwest of and along strike with Lakeside's Privat block that
straddles nearly 3.6 km of a splay off the Macamic deformation zone. 


Selected highlights of high grade gold intercepts from historical drilling on
the newly acquired Trojan block claims include the following: 




----------------------------------------------------------------------------
Year                 ID     From (m)       To (m)  Interval (m)       Au g/t
----------------------------------------------------------------------------
1945             Hole 2        53.34        54.41          1.07        35.64
               includes        53.74        53.89          0.15       235.20
----------------------------------------------------------------------------
1945             Hole 6        53.52        54.86          1.34         7.66
               includes        53.52        53.61          0.09        47.66
----------------------------------------------------------------------------
1945            Hole 20        76.96        79.25          2.29         7.09
               includes        77.72        78.49          0.76        17.14
----------------------------------------------------------------------------
1986           PL-85-9A        22.10        24.69          2.59         9.99
               includes        23.32        24.69          1.37        14.90
----------------------------------------------------------------------------



About the Launay property

The Launay property is located some 48 km northeast of Rouyn-Noranda, Quebec.
The property now comprises 77 non-contiguous claims in several blocks that cover
a total of 29.70 sq km. Of the 77 claims, 21 claims, 8.73 sq km, are under
purchase agreement from Melkior; 29 claims, 11.66 sq km, are under option
agreement to 100% interest from a Prospector; and, 27 claims, 9.31 sq km, were
map staked and are 100% owned by Lakeside. 


Gold mineralization in the region of the Launay property consists of native
gold, associated pyrite, and minor quantities of chalcopyrite within quartz
veins and veinlets hosted in sheared and altered volcanic rocks. Host rocks are
typically chloritizied, sericitized and carbonatized. Mineralization is closely
associated with the Macamic deformation zone, a major northwest trending fault
zone locally up to 5 km in width, and with subsidiary faults. 


The property claims straddle greater than 10 km of the main Macamic deformation
zone, associated splays or subsidiary faults. Scattered historic drilling along
a 20 km stretch of the Macamic deformation zone and subsidiary faults, on the
Launay property and adjacent or nearby properties, has returned several high
grade gold intercepts. Selected highlights from historical drilling on Launay
property claims, other than the Trojan block, include the following:




--  416.7 g/t Au over 0.7 m 
--  10.3 g/t Au over 4.1 m, includes 35.7 g/t Au over 1.07 m 
--  7.9 g/t Au over 0.3 m 
--  5.5 g/t Au over 0.4 m



Selected trench gold assay highlight results on Launay property claims include
the following:




--   99.6 g/t Au over 0.61 m 
--   88.9 g/t Au over 1.22 m 
--   77.4 g/t Au over 1.52 m 
--   20.3 g/t Au over 0.91 m



About Lakeside Minerals Inc.

Lakeside Minerals Inc. is engaged in acquiring, exploring, and developing
mineral properties in Quebec. Presently, the company holds a portfolio of
properties with an emphasis on gold and rare earth elements. 


The Company is currently focused on properties located in the Rouyn-Noranda area
of northwestern Quebec. These properties display significant historical gold
drill results and have excellent potential for discovery.


Cautionary Notes

This press release contains quoted historical exploration results. These are
derived from filed assessment reports and compiled from governmental databases.
The Company and a QP have not independently verified and make no representations
as to the accuracy of historical exploration results: these results should not
be relied upon. Selected highlight results may not be indicative of average
grades.


This press release may contain information concerning mineral properties in
proximity or adjacent to the Company's properties. Deposits, mineralization or
historical results on such nearby or adjacent properties is not necessarily
indicative of mineralization or similar grades on the Company's properties.


The technical information in this News Release was prepared by Mario Justino,
President and CEO of Lakeside Minerals Inc., a "qualified person" as defined in
National Instrument 43-101.


FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news
release may contain "forward-looking information". Forward-looking information
and statements may include, among others, statements regarding the future plans,
costs, objectives or performance of Lakeside Minerals Inc. (the "Company"), or
the assumptions underlying any of the foregoing. In this news release, words
such as "may", "would", "could", "will", "likely", "believe", "expect",
"anticipate", "intend", "plan", "estimate" and similar words and the negative
form thereof are used to identify forward-looking statements. Forward-looking
statements should not be read as guarantees of future performance or results,
and will not necessarily be accurate indications of whether, or the times at or
by which, such future performance will be achieved. Forward-looking statements
and information are based on information available at the time and/or
management's good-faith belief with respect to future events and are subject to
known or unknown risks, uncertainties, assumptions and other unpredictable
factors, many of which are beyond the Company's control. The Company does not
intend, nor does the Company undertake any obligation, to update or revise any
forward-looking information or statements contained in this news release to
reflect subsequent information, events or circumstances or otherwise, except if
required by applicable laws.