According to David Gower, P.Geo., CEO of Apogee; “The drilling at Pulacayo continues to expand the mineralized zone with the addition of high grade mineralization. An important characteristic of the deposit is that along with the excellent silver grades the mineralization contains a significant component of base metals, which should provide an important contribution to the potential value of this deposit. The deposit remains open for further expansion along strike; however the drill program is being reduced in order to focus on the resource estimate and economic evaluation of the part of the deposit that has been delineated to date.”

An in-house resource estimate is in progress and will be completed this month. Micon International has been contracted to provide independent verification of the resource after completion of Apogee’s resource estimate in order to satisfy the requirements of NI 43-101. Publication of the new resource estimate will take place when Micon completes its assessment. This resource will form the basis for completing the economic evaluation of the project.
The project is an option to joint venture with Apex Silver Mines Limited in which Apogee can earn up to a 60% interest in the Project (see press release dated 13/09/05) by completing a feasibility study. Under the agreement Apogee must complete a feasibility study by July 30, 2009.

Stan Bharti Appointed as Chairman
Apogee is pleased to announce that Stan Bharti has been appointed as Chairman of Apogee, following the resignation of John Carlesso as a director of the company. The members of the Board would like to thank Mr. Carlesso for his contribution to Apogee and wish him well in his future endeavours.

Quality Control
The Company employs a QA/QC protocol on all aspects of the analytical procedures. Core samples are sawn and one half of the NQ and HQ core is restored to the core box for future reference. One half of the core is sent for analysis. Samples are taken in approx. 1.0 meter intervals or less. Sample preparation is completed at the ALS Chemex preparation lab in Oruro, Bolivia and assayed at ALS Chemex in Lima, Peru, using multi-acid digest/ AAS technique, method ME-AA46 for Ag, Pb, Zn and Cu. A blank sample is inserted every 20th sample and standard samples representing a range of grades are inserted at intervals of 1 in 20 samples. Five percent of pulps are re-analyzed at ALS Chemex Lab in Lima, Peru. The Quality Control and all aspects of the exploration program are supervised by Apogee’s Vice President of Exploration, Joaquin Merino and Mr. Merino has reviewed the technical information in this press release.

This press release has been reviewed and approved by Dr. Fernando Tallarico P. Geo., the qualified person as defined by National Instrument 43-101.

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 Limited. 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@apogeesilver.com
Web: www.apogeesilver.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 drills on the progress of the program. 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. -30-

Table 1: Assay results for drill holes PUD-103 to PUD-110, Pulacayo Project.

Table 1: Assay results for drill holes PUD-103 to PUD-110, Pulacayo Project.

Figure 1:Pulacayo – Paca Project location map.

Figure 2:Vertical Longitudinal Section of the upper part of the Tajo Vein System, showing intersection locations and planned drill holes, including underground drilling.