Virgin Metals Announces Filing of its 2007 Year End Disclosure Documents



    TSX
    Symbol: VGM
    Shares Outstanding: 84,881,246

    TORONTO, March 28 /CNW Telbec/ - Virgin Metals Inc. ("Virgin Metals" or
the "Company") (TSX:VGM) today filed its Annual Information Form, its audited
consolidated financial statements and accompanying notes for the year ended
December 31, 2007 and related Management Discussion and Analysis with Canadian
Securities Regulatory Authorities. Copies of Virgin Metal's 2007 disclosure
documents may be obtained at www.sedar.com or by e-mailing the Company at     
info@virginmetals.com.
    The Annual Information Form includes by reference the independent
National Instrument 43-101 Technical Report on the Los Verdes Project dated
February 29, 2008 prepared by Chlumsky, Armbrust & Meyer, LLC, which has also
been filed today.

    Update on Operations
    --------------------

    It is anticipated that the technical study currently in progress will be
completed in the next two months. The Company's consultants have advised the
Company that it expects the study to reach pre-feasibility study standard,
although a substantial amount of work to date has reached feasibility study
standard.
    At the request of consultants, the Company will carry out further
metallurgical testwork to determine response of different ore types in order
to more precisely determine metallurgical recoveries and product qualities so
that detailed mine planning can be prepared. Test work to date has shown
excellent recoveries of molybdenum. Work will also be completed on securing
water supply, finalizing surface rights agreements and completing condemnation
and geotechnical drilling programmes to finalize plant, tailings, water
impoundment and waste dump locations and designs. Results of the above and
other work would then be incorporated into a final feasibility study that the
Company anticipates receiving from its consultants during the fourth quarter
of 2008.
    Virgin Metals is also pleased to announce that it has recently promoted
Rene Mladosich to General Manager, Mexico Operations. Mr. Mladosich has been
employed with Virgin Metals since July 2007, and has played a key role in
advancing the development of the Los Verdes project. Mr. Mladosich is a
Mexican national who has extensive experience in advancing mining projects to
production in Mexico. He was most recently manager of logistics at the Dolores
project and previously was responsible for administration at the Magistral
project in Sinaloa with responsibility for community relations, permitting and
personnel. He is a graduate of the University of Sonora in mining engineering.
    The technical contents of this release have been reviewed by Christopher
Kaye, B. Eng. (Chemical), of Mine and Quarry Engineering Services Inc.
(MQes Inc.), a Qualified Person pursuant to National Instrument 43-101.
MQes Inc., is coordinating the preparation of the feasibility study on the
Los Verdes project.

    About Virgin Metals

    Virgin Metals is a junior exploration and development company; its
projects include two copper-molybdenum porphyry properties in Sonora, northern
Mexico. One of these, Los Verdes, is undergoing a feasibility study and is
expected to evolve rapidly towards production while the other, Cuatro
Hermanos, is presently the focus of an intense exploration effort.

    FORWARD-LOOKING STATEMENTS

    This press release includes certain "forward-looking information" within
the meaning of the Securities Act (Ontario), including, but not limited to,
statements as to timing and extent of exploration programs and the
availability of exploration results. As such, forward-looking information
addresses future events and conditions and so involves inherent risks and
uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in
Virgin Metals documents filed from time to time with the Ontario Securities
Commission and other regulatory authorities. Actual results could differ
significantly from those currently projected as a result of, among those
factors, adverse weather, regulatory changes, delays in receiving permits,
accidents and delays in completing exploration activities not all of which are
in the control of Virgin Metals. The forward-looking information contained
herein is Virgin Metal's reasonable estimate today of future events and
conditions, but no assurance can be given that such events or conditions will
occur.




For further information:

For further information: Valerie Kimball, Investor Relations,
vkimball@virginmetals.com, (303) 703-1210; Renmark Financial Communications
Inc.: Barbara Komorowski, bkomorowski@renmarkfinancial.com; Neil Murray-Lyon,
nmurraylyon@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717;
www.renmarkfinancial.com

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VIRGIN METALS INC.

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