CFM Confederation Minerals Ltd

Lawrence Dick, the President of Confederation Minerals Ltd. (the "Company") (TSX
VENTURE:CFM), is pleased to report that the Company has agreed with Shoreham
Resources Ltd. ("Shoreham") to an amendment of the option previously granted by
the Company to Shoreham whereby Shoreham could acquire a 70% interest in the
Company's Matless Lake property. The amendment requires Shoreham to issue an
additional 200,000 shares to the Company but reduces the property work
expenditures required for Shoreham to earn its interest from $700,000 to
$600,000 and allows Shoreham to determine the work schedule provided it keeps
the property in good standing.


The Company has also reached an agreement with the Optionor of the Matless Lake
property to accept 30,000 shares of Shoreham in lieu of the 30,000 shares of the
Company which were otherwise required to be issued to keep the option in good
standing.


The Company has also reached an agreement with the Optionor of its Mitchell
Belanger property for an extension of time until August 31, 2009 for payment of
$12,500, which was previously due on February 2, 2009.


The Company has notified the Optionor of its Gerry Lake property that it has
abandoned the property and will not be exercising the option it has on the
property.


CONFEDERATION MINERALS LTD.

Lawrence Dick, President

Confederation Minerals (TSXV:CFM)
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