PHI Philippine Metals Inc

Philippine Metals Inc. (the "Company") (TSX
VENTURE:PHI)(OTCQX:PHIXF)(FRANKFURT:PM7) is pleased to announce that it Mr. Leo
Dominguez and Mr. Tom Vaillancourt have agreed to join the Board of Directors of
the Company's Philippine operating subsidiary Pacific Metals Canada Philippines
Inc. ("PMCPI"). 


Mr. Dominguez recently retired from Quisumbing Torres, a leading Philippine law
firm and member firm of Baker & McKenzie International. In the firm, he was a
senior partner specializing in mining law, oil and gas law, environmental
advisory, and mergers and acquisitions. He also chaired the firm's Energy,
Mining and Infrastructure Group. Mr. Dominguez is a leading figure in the
Philippine mining industry having co-authored the bill that became the
Philippine Mining Act of 1995. He has been a key speaker and resource industry
spokesperson for many Philippine government international road shows promoting
mining in the Philippines. Mr. Dominguez was the Corporate Secretary of PMCPI
until July 2010.


"We are delighted that Mr. Dominguez has agreed to continue his involvement with
the Company," said Marshall Farris, President of Philippine Metals. "Leo has
already made a significant contribution to the Company in his previous role and
we are thrilled that he has chosen to continue his association with the Company
as he pursues other interests following his retirement from practicing law. He
is a highly respected legal practitioner who brings a wealth of practical
knowledge and experience working with the mining industry and government in the
Philippines. We are fortunate to have Leo among our team and I look forward to
working closely with him in the future as we continue to build a successful
mining company in the Philippines."


Mr. Dominguez stated, "I am excited to continue my association with Philippine
Metals. Philippine Metals is a fine example of a developing junior mining
company working effectively with local communities and local and regional
governments to promote mining and mining exploration in the Philippines. The
Company is working respectfully within the communities in which its projects are
based to create value for the benefit of all stakeholders. I am pleased to lend
my continuing support to the Company's efforts in the Philippines as it develops
its existing mining projects and looks to identify new prospective projects."


Mr. Tom Vaillancourt has been the Company's Vice President of Operations based
in the Philippines for the past three years where he has directed the logistics
and support for exploration camps and projects and overseen the management and
training of field crews. He has a wide-ranging business background that includes
experience in accounting, finance, business administration, and investment and
risk analysis. He began working in the geological exploration industry more than
15 years ago and his recent work running the PMCPI's country office and
operations in the field has given him a deep appreciation of the resource
industry in the Philippines. Mr. Vaillancourt has also worked closely with
engineers in developing sites, processing plants and systems. He has an
abundance of international experience and is well versed in multi-cultural
management.


"Tom's contribution to the early-stage operations of the Company in the
Philippines has been immeasurable," stated Feisal Somji, CEO of Philippine
Metals. "He has successfully integrated himself into the culture and the
communities of the Philippines and, in acknowledgement of his working commitment
to the resource industry, he has recently been asked to act as the Large Scale
Mining Representative to sit on the Tacloban City Mining Regulatory Board, where
Philippine Metals' Taurus Project is located, and also the Provincial Mining
Regulatory Board of Apayo where the Company's Malitao Project is located. The
Company is proud of his achievements in the Philippines and now looks forward to
now also working with him at the Board level."


In connection with their appointments to the PMCPI Board of Directors, Mr.
Dominguez and Mr. Vaillancourt have each been granted 85,000 stock options in
the Company exercisable at $0.45 and expiring on December 6, 2015. 


About Philippine Metals Inc. 

Philippine Metals Inc. is focused on the exploration, discovery and development
of highly prospective copper and copper-gold deposits in the Philippines. Based
on the region's geological environment, the company's management team recognizes
the country's potential for hosting large, world-class deposits of copper and
copper-gold. 


The Company's initial projects, Taurus, Malitao and Dilong, are examples of
management's ability to source quality, highly prospective targets. The
management team combines strong financial capabilities with world-class
experience in mineral exploration, discovery and mine development.

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