Lounor hits Ni and CU

    Listing (TSXV : LO)

    ROUYN-NORANDA, QC, March 27 /CNW Telbec/ - Lounor Exploration Inc.
announces the first assay results of the drilling program on the Carqueville
Property located in the Joutel- Casa Berardi area.
    Hole C-07-01 intersected one mineralized zone and was testing a weak
geophysical anomaly.

    From 15 to 24.39 meters (9.39 meters or 30.8 feet)

                     Nickel  0.30 %
                     Copper  0.31 %

    Lounor is conducting an exploration program on the Carqueville property.
The line cutting is completed and the ground geophysical surveys (mag survey
and max-min survey) are underway. Four diamond drill holes are completed and
assay results for the last three holes are pending.
    The geology of the property is favourable for base metals (CU and Ni) and
precious metals (Au and PGM) discoveries. The geology of the property is
dominated by mafic, ultramafic and felsic formations (andesites, rhyolites,
grabbos, pyroxenites) and the proximity of the Mistaouac large differentiated
    All assaying is being completed at the Les Laboratoires Expert Ltd. of
Rouyn-Noranda. The laboratory is running its own internal accuracy analyses.
    Christian Dupont, P. Eng. is the qualified person for Lounor
Exploration inc.

    Lounor Exploration Inc. is a public listed company trading on the TSX
Venture Exchange, symbol (LO).

    This press release was prepared by Lounor Exploration Inc. and the TSX
    Venture has not reviewed and does not accept responsibility for the
    adequacy or accuracy of this release.
    %SEDAR: 00008670EF

For further information:

For further information: Gilles Fiset, president, 1-800-388-8668, (819)
797-8668, Fax: (819) 797-6050, lounor@tlb.sympatico.ca

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Lounor Exploration Inc.

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