Manicouagan Minerals Completes Airborne Geophysical Survey at Brabant Lake Zinc Project, Saskatchewan

Manicouagan Minerals Inc. (TSX VENTURE:MAM) Manicouagan Minerals announced today
the completion of a VTEM PLUS (Versatile Time Domain Electro Magnetic) survey
over its 100% owned Brabant Lake property located in north central Saskatchewan,
175 kilometres north of the town of La Ronge. 


The detailed 560 line kilometre airborne VTEM PLUS geophysical survey completed
by Geotech Ltd. of Aurora, Ontario covered the entire land package of 28 square
kilometres that includes the Brabant Lake Zinc Deposit. In 2010, the property
was expanded to cover approximately 15 kilometres of the favourable horizon
which hosts the deposit.


Joseph Baylis, Manicouagan's President and CEO, said, "the preliminary VTEM PLUS
results have identified a number of significant anomalies that deserve further
investigation." 


The identified anomalies display characteristics similar to the response found
over the Brabant Lake Zinc deposit which exhibits a significant time constant
over a 1200 metre strike length. Once received, the final survey data will be
interpreted by a third party geophysical consultant.


The NI 43-101 resource estimate for the Brabant Lake Zinc deposit with an
effective date of July 27, 2008 is set out below:




----------------------------------------------------------------------------
2008 MPH/P&E Resource Estimate (1), (2), (3), (4)                           
----------------------------------------------------------------------------
                                                Zn    Cu    Pb     Ag       
                                               lbs   lbs   lbs  mill-       
                    Zn   Cu   Pb    Ag    Au mill- mill- mill-   ions     Au
           Tonnes  (%)  (%)  (%) (g/t) (g/t)  ions  ions  ions ounces ounces
----------------------------------------------------------------------------
Indi-                                                                       
 cated  1,475,000 9.18 0.79 0.23  32.6  0.15 298.5  25.7   7.5   1.55  7,100
----------------------------------------------------------------------------
Infer-                                                                      
 red    2,975,000 5.55 0.55 0.13  13.9  0.10 364.0  36.1   8.5   1.33  9,600
----------------------------------------------------------------------------

(1) The resource for the Brabant Lake Zinc deposit was estimated on the
    basis of June 30, 2008 approximate $US three year trailing average metal
    prices of $1.27/lb zinc, $3.02/lb copper, $0.86/lb lead, $12.49/oz
    silver and $663/oz gold, and a US dollar exchange rate of $0.912. A NSR
    cut-off of CAD$75/tonne for underground mining and milling was utilized
    to report the resource. 

(2) Mineral resources which are not mineral reserves do not have
    demonstrated economic viability. The estimate of mineral resources may
    be materially affected by environmental, permitting, legal, title,
    taxation, sociopolitical, marketing, or other relevant issues. 

(3) The quantity and grade of reported inferred resources in this estimation
    are uncertain in nature and there has been insufficient exploration to
    define these inferred resources as an indicated or measured mineral
    resource and it is uncertain if further exploration will result in
    upgrading them to an indicated or measured mineral resource category. 

(4) Contained metals, expressed in pounds (lbs) and troy ounces (oz),
    presented in the table above are the product of resource tonnes
    multiplied by metal grades and are provided for information purposes
    only and are not meant to imply recoverable product as mineral resources
    which are not mineral reserves do not have demonstrated economic
    viability. 



The mineral resources were estimated using the Canadian Institute of Mining,
Metallurgy and Petroleum ("CIM"), CIM Standards on Mineral Resources and
Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on
Reserve Definitions and adopted by CIM Council on December 11, 2005.


Eugene Puritch, P.Eng. and Antoine Yassa, P.Geo of P&E, and Gerald Harron,
P.Eng. of MPH are the authors of the Resource Estimate Technical Report on the
Brabant Lake Zinc deposit which pertains to the 2008 MPH/P&E Resource Estimate
and which was filed on September 12, 2008 with Manicouagan's filings on SEDAR.
They are independent Qualified Persons in accordance with NI 43-101 - Standards
of Disclosure for Mineral Projects.


A sketch showing the location of the Brabant Lake property can be found at
www.manicouaganminerals.com.


Qualified Person 

Exploration programs on Manicouagan's Brabant Lake Project are carried out under
the supervision of Mr. Bruce W. Mackie, P. Geo., Mr. Mackie, a professional
geologist, has reviewed and verified the technical content of the information
contained in this release and qualifies under the definition of "Qualified
Person" set out in National Instrument 43-101.


About Manicouagan 

Manicouagan Minerals Inc. is a Canadian based exploration company focused on
advancing its gold projects in the Pickle Lake Gold Belt, Ontario. Manicouagan
also has a pipeline of commodity projects including the Brabant Lake Zinc
deposit in Saskatchewan, together with the Mouchalagane Nickel/Copper/PGE
project and the HPM/Forgues Nickel/Copper/Cobalt project, both in Quebec.
Additional information about the company can be found at
www.manicouaganminerals.com.


Une traduction francaise de ce communique de presse peut etre trouvee a
www.manicouaganminerals.com. 


All statements other than statements of historical fact, included in this
release, including, without limitation, statements regarding potential
mineralization and reserves, exploration results, and future plans and
objectives of the Company, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's expectations
are exploration risks detailed herein and from time to time in the filings made
by the Company with securities regulators.