Apogee Continues to Expand High Grade Silver-Zinc-Lead Mineralization at Pulacayo, Bolivia

Includes 35.0 meters grading 321.11 g/t Silver, 1.04 % Lead and 3.11% Zinc in Hole PUD-051

February 14 , 2008 , Toronto, Ontario – Apogee Minerals Ltd. (TSX Venture Exchange: APE) has received assays for an additional eight drill holes from its ongoing diamond drilling program at the Pulacayo-Paca Silver-Lead-Zinc project (Figure 1 & 2, Table 1). These intersections continue to expand the thick, high grade zone of silver, zinc and lead mineralization in the upper part of the Tajo Vein System of the Pulacayo Silver Deposit (see press release dated January 28 and January 8, 2008 for previous results). Highlights include hole PUD-051 which intersected 35.0 meters grading 321.11 g/t Silver, 1.04 % Lead and 3.11 % Zinc within a thick mineralized intersection of 96.0 meters grading 142.82 g/t Silver, 0.79 % Lead and 2.29 % Zinc. Drill Hole PUD-049 intersected 22.00 meters grading 180.36 g/t Silver, 0.86 % Lead and 4.74% Zinc also within a much thicker mineralized interval. See Table 1 below for a summary of results for the eight drill holes and Figure 2 for pierce point locations. These are the final results to report for drilling completed in late 2007. Drilling resumed on January 14 and an additional 4 drill holes (1,249 m) have been completed so far this year. Assays are pending for the 2008 drill holes.

There are significant concentrations of lead and zinc associated with the silver mineralization that could contribute to the potential economic value of a resource. The Tajo Vein System has historical underground production of over 600 million ounces of silver from narrow, high bonanza grade veins and current drilling is targeting the near surface stock-work and vein mineralization between 0-400 meters depth, associated with this major silver-zinc-lead system.

David Gower, P. Geo., Chief Executive Officer of Apogee, states “We are very excited by the results to date from the Pulacayo deposit drill program. We continue to intersect high silver grades with associated base metals over wide intervals. The program is designed for approximately 50 meters spacing between drill holes. With this spacing, each drill hole with good results will make a significant contribution to the resource estimate to be completed at the end of the drill program. As a result of these very encouraging drill results, the Company is evaluating options to expand and accelerate the drill campaign.”

About Apogee Minerals

Apogee Minerals Ltd. is a Canadian producer of silver-zinc-lead and also carries out exploration and development activities. The Company is listed on the TSX Venture Exchange under the symbol APE. Apogee is focused on advanced silver-zinc-lead projects in South America that demonstrate the potential to be rapidly developed to production. Currently all of its projects are located in the historic silver producing regions of central and southwest Bolivia. The Company’s 100%-owned La Solucion Mine has a 14 year production history and has a 120 tonne per day flotation mill. The Pulacayo-Paca project is an option to joint venture with Apex Silver Mines Ltd. The project occupies the property that includes the second-largest silver mine in the history of Bolivia with over 600 million ounces of past production.

For Further Information Contact:

Ana Lopes, Investor Relations – phone: (1) 416 861 5902
Email: info@apogeeminerals.com
Web: www.apogeeminerals.com

Forward Looking Statements

This document may contain or refer to forward looking information based on current expectations, including, but not limited to, mineralization projections, estimates regarding the timing for resource modeling and the preparation of a 43-101 compliant technical report and the impact of additional drill hole data on the existing resource estimate and the Company’s understanding of the Property. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. These forward-looking statements are made as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances.

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