Celtic Minerals Ltd. - New Exploration Manager



    Trading Symbol: CME:TSX-VEN
    Shares Outstanding: 60,092,626

    CALGARY, Sept. 10 /CNW/ - Celtic Minerals Ltd., (CME:TSX-VEN) is pleased
to announce that Mark Graves, P.Geo has joined the company as exploration
manager. Mr. Graves has an exploration background in varied mineral deposit
environments having worked extensively in eastern Canada for the past 30 years
with companies that include BP Canada, Billiton Canada and Kidd Creek Mines.
His nickel experience began while working for Falconbridge in Greenland,
exploring for Norilsk type nickel deposits. During the 1990's Mr. Graves was a
key member of the exploration team working for Archean Resources during the
early discovery days of the Voisey's Bay deposit. Mr. Graves then went on to
become regional exploration manager for Archean Resources, conducting nickel
exploration in the Voisey's Bay district. More recently, Mr. Graves supervised
a deep drilling program for Rambler Metals and Mining in preparation for an
underground exploration program on the Rambler project.
    Barry Greene, Celtic's Vice President of Exploration stated: "We are
delighted to welcome Mark to the Celtic exploration team. His depth of
exploration experience for Voisey's Bay type deposits will be of great benefit
as we expand operations on our Labrador nickel projects."
    Celtic also wishes to advise that it is mobilizing a third diamond drill
rig to be utilized on the Kingurutik nickel property. This rig is being moved
from the Garland Lake/West Voisey's Bay projects, where drilling operations
have recently been completed. It is anticipated that the rig move will take
approximately one week and will be mobilized directly to the Toll nickel
prospect where drilling will already have commenced.
    Celtic encourages the public to visit its website at
www.celticminerals.com for additional information on the various projects or
to email us at info@celticminerals.com to be added to the Company's e-mail
list for press releases and updates.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00005786E




For further information:

For further information: Paul Lipoth, Corporate Relations, Celtic
Minerals Ltd., Phone: (403) 261-2890 x.233, Fax: (403) 265-2223; Barry Greene,
Vice President, Exploration, Celtic Minerals Ltd., Phone: (709) 489-6480, Fax:
(709) 489-7092

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CELTIC MINERALS LTD.

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