Mantra Mining Inc. (the "Company") (TSX VENTURE:MAN). The Company is pleased to
announce that it has entered into an agreement (the "Purchase Agreement") to
acquire a 100% interest in and to approximately 5,428 Ha (hectares) of mineral
claims (the "Gnome Claims") from Charles James Greig ("Greig"), subject to a 1%
NSR royalty.


The Gnome Claims consist of two claims under option by the Company pursuant to
the option agreement (the "Option Agreement") with Greig that was announced on
February 11, 2008 and ten claims located in the "area of common interest"
pursuant to the terms of the Option Agreement.


The Gnome Claims are located in the same belt NE of Williston Lake (the Kechika
Trough) as the well known Cirque and Akie Sedex Zn-Pb-Ag properties in British
Columbia, Canada. The Project is located immediately adjacent and contiguously
south of the Elf mineral claims held by Teck Resources and Korea Zinc. The Elf
mineral claims of Teck Resources are located contiguously south of the Akie
mineral claims held by Mantle Resources Inc., which claims in turn are located
south of the Cirque deposit/claims of Teck Resources and Korea Zinc.


The consideration payable by the Company for the acquisition of the Gnome Claims
consists of $3,000 in cash and 15,000 common shares of the Company at a deemed
price of $0.50 per share. The Company has the right to purchase the 1% NSR
royalty retained by Greig for $2,000,000 up to the period ending on the 10th
anniversary of the closing date. In addition, upon the completion of the
acquisition the Option Agreement will be terminated.


The closing of the acquisition remains subject to a number of conditions,
including approval of the TSX Venture Exchange.


ON BEHALF OF THE BOARD OF DIRECTORS

Raj I. Chowdhry, C.A., President & CEO

Cautionary Notice: This release contains forward-looking statements regarding
the Company's business or financial condition, including the possible completion
of transactions. Actual results could differ materially from those described in
this news release as a result of factors, including, but not limited to: the
timing of and ability to obtain required regulatory approvals and other factors.
The Company cautions that these and similar statements involve risk and
uncertainties and are qualified by important factors, including competitive
pressures, unfavorable changes in regulatory structures, and general risks
associated with business, which could cause actual results to differ materially
from those in the forward looking statement. Forward-looking statements are made
in the context of information available as of the date stated. The Company
undertakes no obligations to update or revise such statements to reflect new
circumstances or unanticipated events as they occur, unless required by
applicable law.


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