Manicouagan Options Key Ground at Brabant Lake, Saskatchewan

Manicouagan Minerals Inc. (TSX VENTURE:MAM) is pleased to announce that it has
entered into an option agreement with the owners of Mining Claim MCSA-003 to
earn a 100% interest based on a $10,000 payment on receipt of the signed claim
transfer followed by payments totalling $65,000 and the issuance of 65,000
shares of Manicouagan Minerals Inc. over a three year period. The option
agreement provides the optionors with a 2% NSR, which Manicouagan has the option
of acquiring 50% of for $300,000. 


The mining claim being acquired is contiguous with Manicouagan's Mining Lease
which hosts the Brabant Lake Zinc deposit. 


With this acquisition, Manicouagan will control 100% of 16 kms of the favourable
horizon which hosts the Brabant Lake Deposit. In 2011, a 560 line-km airborne
VTEM PLUS survey was completed on the ground. The geophysical interpretation of
the data identified numerous targets for follow-up drilling. 


The Option Agreement and the issuance of shares there under are subject to the
approval of the TSX Venture Exchange. Any shares issued pursuant to the
agreement will be subject to a 4 month hold period from the date of issuance.


Qualified Person

Exploration programs on Manicouagan's Brabant Lake Property 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, and the Mouchalagane Nickel/Copper/PGE and HPM/Forgues
Nickel/Copper/Cobalt projects in Quebec. 


Additional information about Manicouagan and its exploration projects can be
found at www.manicouaganminerals.com.


Une traduction francaise de ce communique de presse est disponible a
www.manicouaganminerals.com. 


Forward Looking Statements

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.