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OTC:SILEF $0.25
Silver: $29.494
TSX:ELEF $0.355
OTC:SILEF $0.250
Silver: $29.494

Apogee Minerals Retains Agora Investor Relations and Stockgroup Media

Toronto, Ontario March 17, 2005, Apogee Minerals Ltd. (TSX Venture Exchange: APE) is pleased to announce it has retained the services of AGORA Investor Relations Corp. (“AGORA”) and Stockgroup Media Inc. (“Stockgroup”) to provide investor relations, communications and marketing services.

The agreement will allow effective communication between Apogee, its shareholders and the investment community through AGORA’s powerful Internet based investor relations system. A customized and monitored IR Hub will allow AGORA to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR Hub will also provide one-click access to the Apogee Minerals broker fact sheet, company profile, recent press releases, e-mail list registration, latest stock quote & chart information and an audio address from Apogee President and CEO John Carlesso. The IR Hub also provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity. AGORA will also assist with creating, implementing and executing an investor relations and communications strategy.

Shareholders can access the Apogee Minerals IR Hub by going to www.agoracom.com/IR/Apogee. Alternatively, shareholders or prospective shareholders can direct their questions to APE@agoracom.com and ask to be added to the Apogee investor e-mail list.

Stockgroup’s leading financial portals (http://www.stockhouse.com and http://www.smallcapcenter.com) will allow Apogee to conduct a marketing program for the purposes of raising retail investor awareness of the Apogee’s activities. Ranked amongst the top financial websites in North America, the Stockgroup websites currently serve over 50 million page views to over 750,000 unique users per month, each looking for new investment opportunities.

The terms of the agreement are as follows: Duration – 12 months. Monthly Cash Compensation – $4,000. Stock Options – 100,000 shares at C$ 0.40 per share; This agreement has been negotiated entirely at arm’s length. AGORA is located in Toronto, Ontario; Stockgroup is located in Vancouver, British Columbia.

About AGORA Investor Relations Corp: http://www.agoracom.com http://www.AgoraIR.com

AGORA Investor Relations Corp. (AGORA) is North America’s leading outsourced investor relations firm for small-cap companies. AGORA’s exclusive IR Hub delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and interested parties.

AGORA has specialized in small-cap investor relations since 1997, has represented over 40 small-cap companies and is the exclusive provider of all content to the AOL Small Cap Channel.

About Stockgroup Media Inc.

Stockgroup is a leader at delivering results-oriented, online marketing solutions for public companies and owns and operates the StockHouse financial portals, http://www.stockhouse.com http://www.stockhouse.ca and http://www.smallcapcenter.com

Ranked amongst the top financial websites in North America, the StockHouse websites currently serve over 50 million page views monthly, to over 750,000 unique users, each looking for new investment opportunities. The StockHouse web sites offer financial news aggregated from hundreds of sources. Company snapshots include corporate profiles, stock quotes, charts, news releases and headlines on over 30,000 public companies, a sophisticated technical analysis, portfolio tracker, e-mail alerts and the popular financial message forums, The BullBoards™

About Apogee Minerals Ltd

Apogee Minerals Ltd. is a Canadian exploration and development company listed on the TSX Venture Exchange under the symbol APE. The company has several advanced Silver-Zinc exploration properties in the historic Potosi Department of southwestern Bolivia, and an agreement to acquire the Silver-Lead-Zinc producing La Solucion Mine near La Paz, Bolivia. www.apogeeminerals.com

CONTACT INFORMATION
John Carlesso, President and CEO
Apogee Minerals Ltd.
(416) 861-5881
Investor Relations Inquiries
AGORA Investor Relations
www.agoracom.com/IR/Apogee
APE@agoracom.com


Statements in this release that are not historical facts are “forward-looking statements” within the meaning of the U.S Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these “forward-looking statements”.