ST. JOHN'S, May 8 /CNW/ - Vulcan Minerals Inc. ("the Company" TSX-V:
VUL), announces that it has retained the services of Sayer Energy Advisors
(Sayer) of Calgary, Alberta to assist the company in securing a joint venture
partner for its ongoing Western Newfoundland exploration program. Sayer will
provide details of the opportunity through its extensive distribution system
as well as provide a "data room" for the company in Calgary. The Company will
be available in Calgary during the week of May 15-19th, 2006 to provide
confidential technical presentations to interested parties. A summary of the
joint venture opportunity is available at www.sayeradvisors.com. The Company
has made significant strides in the exploration of the Bay St. George basin in
Western Newfoundland. The Company feels that it has accumulated a critical
mass of positive exploration results, including the shallow Flat Bay oil
discovery, to entice parties to participate in the exploration and development
of its 236,000-acre land position. The Company's prospects present high
impact, large reserve potential in an onshore location eligible for Canadian
Exploration Expenses. The Company is currently preparing for its upcoming 2006
drill program based on the completion of an initial review of recently
acquired drilling and geophysical data. The results of that review will be
forthcoming via new releases and an update to the Company's homepage over the
coming weeks.
The TSX Venture Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
%SEDAR: 00003997E
