New NRWe are going for the GOLD ...
FOR IMMEDIATE RELEASE
Gold Claims Acquisition
Vancouver, BC – September 14, 2011
Pro Minerals Inc. ( PRM-TSX.V )is pleased to announce that the Company has entered into a purchaseagreement to acquire 3 patented mineral claims known as the“Endeavour-Craig” located in the Cairo Township, south-west of KirklandLake, Ontario.
TheEndeavour-Craig claims are situated in the centre of Pro’s 100% ownedCairo Gold Project. Historically, these patented claims were noted tohost a long gold carrying vein that ran along the length of the claimsnorth to south; consisting principally of quartz and brecciated syenitewith a width of up to 150 feet. In the early 1900’s, a shaft was sunkto a depth of 60 feet with short drifts cutting into the vein. Finevisible gold was reported in the shaft and drifts (Burrows 1918).
Thesestrategic Endeavour-Craig claims have been held privately since theearly 1900’s. It appears the claims have remained relatively undevelopedand underexplored for close to 100 years. Pro has worked diligentlywith the vendors over the past year to have the multiple claim titles ofthe various heirs of the estate holdings consolidated into a singleholding from which Pro could then consummate the purchase. Pursuant tothe terms of the agreement, Pro will acquire the claims by way of twentythousand dollars in cash payments and the issuance of two-hundredthousand shares to the vendors. There is a NSR in favour of thevendors, of which Pro may purchase one-half for $1 million and has afirst right of refusal on the remainder. The agreement is subject toacceptance by the TSX Venture Exchange.
ProMinerals considers the Endeavour-Craig claim group to be highlyprospective. The company anticipates initiating a field program in 2011to evaluate the extent of untested gold mineralization. This fieldprogram will consist of ground sampling, deep trenching and geophysics.
Byway of this acquisition Pro has consolidated all three of the targetedareas associated with the Cairo project. It now owns the poly-metallicfeatures to the south, the historical veining and mine shaft targets inthe central section and the yet to be explored faulting structuressituated to the north.
Inprevious exploration, Pro Minerals had successfully completed a programin 2009 on the southern section its Cairo Project which consisted ofblasting and sampling on the claims south of the Endeavour-Craig claims.At that time Pro discovered very encouraging Polymetallicmineralization; assays from which were release in Pro’s news releasedated March 12, 2009. This earlier exploration by Pro in the southernzone of the project, known as the “Galaxy” zone, identified high-grade silver, copper and lead mineralization in the majority of the blasted trenches. Samples assaying up to 11.35% copper, 26.25 oz/ton silver and 24.45% leadwas encountered at the intersection of a quartz vein, one-half metre inwidth, which contained approximately 20% galena and 20% chalcopyrite.Nearby, a smaller quartz vein of approximately 40% galena wasidentified.
As outlined in Pro’s March 12, 2009 news release, assay results from the above locations yielded the following:
| Sample Number | Au (g/t) | Ag (g/t) / (oz/t | Cu (%) | Pb (%) |
| | | | | |
| 78170 | 0.25 g | 785.00 g / 22.90 oz | 11.35 % | 22.50 % |
| 78171 | 0.40 g | 6.20 g / 0.18 oz | 0.65 % | 0.24 % |
| 78172 | 0.04 g | 9.00 g / 0.26 oz | 0.07 % | 0.21 % |
| 78173 | 0.17 g | 900.00 g / 26.25 oz | 10.70 % | 24.45 % |
| 78174 | 0.40 g | 746.00 g / 21.76 oz | 0.57 % | 21.25 % |
Copper,silver and lead mineralization was also encountered in quartz veins attwo blast trenches 15 and 54 feet (4.5 & 16.7 meters) north of theabove-location. Grab sample assays from these locations yielded thefollowing results:
| Sample Number | Au (g/t) | Ag (g/t) / (oz/t) | Cu % | Pb (%) |
| | | | | |
| 78175 | 0.07 g | 38.50 g / 1.12 oz | 0.12 % | 0.99 % |
| 78176 | 0.08 g | 51.20 g / 1.49 oz | 1.67 % | 1.47 % |
| 78177 | 0.19 g | 53.60 g / 1.56 oz | 0.08 % | 1.62% |
TheCairo gold project now covers of an area of approximately 1,600hectares (3,952 acres) of highly prospective, yet largely untestedground on the western end of the 100 Million ounce gold producingCadillac-Larder Lake Break. The Company’s Cairo claims are locatedapproximately 46 kilometres west of Kirkland Lake, home to 40 Millionounces of past gold production; and some 5 kilometres north-east ofNorthgate Minerals’ new Young Davidson Mine which contains 2.8 millionounces of gold. The Young Davidson Gold Mine is slated to beginproduction in the first quarter of 2012. Significant explorationactivity in the area by companies like West Kirkland Mining Inc occurredrecently in close proximity to Pro Minerals Cairo Gold Project. Arecent intercept yielded 19.79 g/t gold over 7.9 meters, within abroader mineralized intersection of 7.61 g/t gold over 23 meters. Bothintercepts occur within 100 meters of the surface and are within 5 km ofthe Cairo Gold Project. The Cairo Gold Project is easily accessible andclose to infrastructure four kilometres from the town of Matachewan.
Additional information is contained on the Company’s website at www.promineralsinc.com or
Gordon Van Boeyen ; (877) 663-6168 ; gordon@promineralsinc.com
ON BEHALF OF THE BOARD OF DIRECTORS OF PRO MINERALS INC.
“Patrick D. O’Brien ”
Patrick D. O’Brien, ICD.D, Director