Kazax Announces Settlement With LogiCamms

Kazax Minerals Inc. ("Kazax" or the "Company") (TSX VENTURE:KZX) is pleased to
announce that it has reached an amicable settlement with LogiCamms Limited
("LogiCamms") in relation to legal proceedings arising from some uncertainty as
to work scope and payment in connection with work carried out by LogiCamms for
the Company's Lomonosovskoye Project in Kazakhstan. The legal proceedings will
be withdrawn on the back of the amicable settlement; subject to a payment of AUD
700,000 (approx. USD 645,000) by Kazax to LogiCamms in 4 instalments.


On the basis of the amicable nature of the settlement, and the continuing good
relationship between the parties, Kazax's engagement of LogiCamms will continue
with the parties working together to complete the design and specification of
the Lomonosovskoye Project beneficiation plant and associated facilities for the
purposes of advancing the bankable feasibility study in relation to the
Lomonosovskoye Project.


For further information on Kazax and the Lomonosovskoye Project, please visit
our website at www.kazaxmineralsinc.com.


ON BEHALF OF THE BOARD

Trevor Campbell Smith, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kazax Minerals Inc.
[phone]
[e-mail]
www.kazaxmineralsinc.com