Canadian International Minerals Inc - Rare earth, tantalum, silicon exploration targets acquired



    Trading Symbol CIN-C

    VANCOUVER, Oct. 14 /CNW/ - Canadian International Minerals Inc (CIN) is
pleased to announce the acquisition of 100% interest in the Ladybug and Sugar
pegmatite claims located in the Monashee region of east central British
Columbia. Both claim groups lie in the Vernon East Half (GSC) geological map
sheet, a region of B.C. that has seen very little exploration or detailed
mapping.
    The claim groups were staked to cover drainages with anomalous rare
earth/tantalum coinciding with low uranium/thorium values in stream sediments
(B.C. RGS Map 32).
    The Ladybug claims cover a large (5 X 2.5km) granitic intrusive that had
been mapped (GSC Open File 658, 1979) as pegmatite. A later geological map
(GSC Open File 4370), produced in 2004 shows the intrusive as granite to
quartz monzonite, though, there is no indication on the map that a field
traverse actually entered the unit. The Ladybug claims total
1035.138 hectares.
    The Sugar claims lie in an area of no detailed geology, but in a
1:250,000 scale map complied by B. N. Church of the B.C. Geological Survey
(B.C. Minfile Map 082LSE) shows the area, as underlain by biotite granite,
quartz monzonite and leucocratic pegmatite. The Sugar claims total
1543.15 hectares.
    Both claim groups are in areas that have not been logged and are
approximately 25 km. east, north east of Lumby.
    CIN paid $5000 each for both claims with no carried interests, share
issuances, royalties or further commitments other than B.C. government claim
maintenance regulations.
    The company has also acquired through staking 100% interest in the French
Pegmatite 1 and 2 claims located 90km north of Revelstoke, B.C. These two
claims cover the Argonaut Pegmatite Complex and total 860.866 hectares.
    Excerpts from "Geological description from Geology of the Goldstream Map
Area" (J.M.Logan, M. Colpron, B.C. Geological Survey. GF 1994. Paper 1995-1)
about the Argonaut Pegmatite Complex are as follows:
    "Abundant sills and dikes of pegmatite (1-5 m wide) intrude the psammitic
schist exposed east of Argonaut Pass and along the flanks of French Creek";
    "they are most abundant along the ridge top west of Argonaut Pass and
along the western flank of French Creek, where they comprise 50% of the
outcrops"
    "pegmatites are composed of quartz, plagioclase and muscovite and minor
amounts of biotite and garnet. A peculiarity is the presence of pods of
sillimanite 30-40 cm long."
    Pegmatites are course grained igneous rocks that produce most of the
world's tantalum, niobium, berylium as well as rare earths. Some examples of
world class pegmatites are Greenbushes/Wogina in Australia and Bernic Lake in
Manitoba, both that presently produce most of the world's primary tantalum.
Pegmatites are also sources of High Purity Quartz the preferred ore of silicon
smelters.
    While these new projects acquired by CIN are early stage the company
believes they represent quality exploration targets at low entry costs to host
new occurrences of economic amounts strategic metals. CIN has initiated a
worldwide project evaluation for metals and minerals that the electronic
technology, hybrid automotive and renewable energy are dependent on. The
company has adopted a Project Generator strategy to position itself with a
substantial inventory of projects that will be available for joint venture
when the demands and shortages of these materials becomes mainstream to the
investment world.
    Canadian International Minerals Inc. is a junior resource company listed
on the CNQ, Canada's newest stock exchange under the symbol C-CIN.

    
    The CNQ has not approved or disapproved the contents of this news
    release.
    

    %SEDAR: 00026505E




For further information:

For further information: Michael E.Schuss, CEO, Director, direct line
(604) 241-2254; Investor Inquiries, Nic Horsley, (604) 641-4469,
nhorsley@cdnintlminerals.com

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Canadian International Minerals Inc.

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