CFM Confederation Minerals Ltd

Confederation Minerals Ltd. ("Confederation") (TSX VENTURE:CFM) is pleased to
report that American Potash LLC ("American Potash"), a Nevada limited liability
corporation owned 50% by each of Confederation and Magna Resources Ltd.
("Magna") (CNSX:MNA), has entered into an option agreement with Sweetwater River
Resources LLC, John Glasscock and Kent Ausburn (the "Optionors") to acquire
pending applications to the United States Bureau of Land Management and the
State of Arizona for exploration permits (the "Permits"), together with all
permits and other rights issued pursuant to the applications, to allow the
exploration of potash prospects in Utah and Arizona.


The option agreement entitles American Potash to acquire a 100% interest in the
permits, subject to a 2% royalty to the Optionors which may be bought back for
$2,000,000(US). The option may be exercised by having Magna and Confederation
each pay a total of $135,000(US) and each issue in aggregate 1,000,000 shares to
the Optionors, as to $35,000(US) on signing of the option agreement; 100,000
shares upon grant of the Permits representing not less than 25,000 acres;
$25,000(US) cash and 300,000 shares on or before the first, second and third
anniversaries of the grant of the Permits; and a final $25,000(US) cash on or
before the fourth anniversary.


Utah Prospects

The Utah prospects consist of 31 US-BLM (US Bureau of Land Management) potash
exploration permit applications covering approximately 63,000 acres (25,500
hectares) of US-BLM federal land in southeast Utah, USA. The potash prospects
are located approximately 30 miles (48km) west of Moab, Utah and 20 miles (32km)
from Intrepid Resource's Cane Creek solution potash mine.


BLM potash exploration permits when granted will provide American Potash with
exclusive rights to explore potash deposits within the permit areas. The
application area is located in the large (laterally extensive and deep)
Pennsylvanian-age (approximately 300-million years old) Paradox Sedimentary
Basin, which extends from southeast Utah into northwest Colorado. There are 10
known potash salt (KCI) layers ("cycles") in the Paradox Sedimentary Basin. The
most important documented potash salt cycle of interest beneath the Utah
prospects is potash salt cycle 13, although cycle 5 and probably cycle 9 are
likely potash-bearing in this location as well.


Potash cycle 13 is thickest and most widely distributed in the northwest part of
the Paradox Basin and is believed to possess the greatest laterally continuous
thickness of potash in the basin. The depth to the top of cycle 13 varies from
1,500 to 2,000 meters below surface and cycle 5 is about 300-400 meters above
(more shallow) cycle 13. Based on historic oil and gas exploration well log
data, United States Geological Survey reports written by R.J. Hite in 1976 and
1978 (the "Hite Reports"), plotted a large area of cycle 13 with up to and
exceeding 60-foot (approximately 18 meter) estimated thickness, representing the
thickest laterally continuous and non-structurally thickened potash layer in the
Paradox Basin. The potential volume is conceptual in nature, there has been
insufficient exploration to define a mineral resource and it is uncertain if
further exploration will result in the target being delineated as a mineral
resource. The target identified in the Hite Report in Utah is based on historic
oil and gas drilling. The drill holes were not cored and mineralogy is based
entirely on the interpretation of geophysical logs.


American Potash intends to conduct a detailed analysis of available historic oil
and gas well logs and to drill at least two test/confirmation drill holes to
determine the thicknesses and grades of cycle 13 and other layers, including
cycles 5 and 9, for potential solution mining with solar evaporation potash
recovery.


Arizona Prospects

The Arizona prospects are located in the Holbrook Sedimentary Basin in
east-central Arizona, and contain extensive salt deposits localized in the
Permian-aged Supai formation. Potash underlies approximately 1,500 square
kilometers of the Holbrook Basin. Arkla Exploration Company, Duval Corporation
and others drilled a total of 135 potash exploration holes in the 1960s and
1970s and reported the presence of potassium minerals sylvite, carnallite, and
polyhalite in the main potash "pay zone" with grades of 6 to 20 percent KCL at
depths of 1,000 to 1,450 feet (300-440 meters) (Rauzi, OFR 08-07, 2008). The
potential grades are conceptual in nature, there has been insufficient
exploration to define a mineral resource and it is uncertain if further
exploration will result in the target being delineated as a mineral resource.
Due to relatively shallow depths to the top of the potash layers (300-400
meters), the potash deposits of the Holbrook basin are considered favorable for
either conventional underground or in-situ solution mining. Faulting and layer
disruption from diapir affects common to salt deposits are minimal, allowing for
increased ease and decreased costs of all future exploration and development
activities.


The option when exercised will give American Potash the existing and pending
rights for mineral exploration and prospecting permits on 9,690 acres of Arizona
State Lands and Bureau of Land Management lands in the southwestern portion of
the Holbrook Basin where the Arizona Geologic Survey indicates potash thickness
of 3 to 6 meters in the AGS publication "Potash and Related Resources of the
Holbrook Basin, Arizona". By exercising the option American Potash will also
acquire exploration permits for 3,200 acres of Arizona State Lands in Apache
County and first priority federal prospecting permits on 1,680 acres of BLM in
Navajo County. Confirmation of remaining permits for Arizona State and BLM
acreage is expected soon.


With the exception of certain permits already issued in Arizona, all references
to the Utah and Arizona exploration permits are references only to permits that
are yet to be issued pursuant to existing applications submitted by the
Optionors. There is no assurance that exploration permits will be issued or that
all those issued will be contiguous. In addition to royalties payable to the
Optionors, the Utah prospect will be subject to federal royalties and the
Arizona prospect will be subject to federal or state royalties.


Exercise of the option and payment of the operating expenses of American Potash
is to be funded equally by Magna and Confederation and this will require Magna
and Confederation to complete equity financings sufficient to meet their option
payments and share of the initial exploration budget, estimated to be up to
$US3.0 million. The terms of the joint venture between Magna and Confederation
have not yet been finally settled, which will be on industry standard terms
through the LLC operating agreement for American Potash.


Magna will pay a finder's fee in connection with this acquisition. The fee will
be $3,500 and 10,000 shares of Magna payable when permits are issued in respect
of the Utah prospect for at least 25,000 acres, and thereafter 10% of the cash
and stock payments made under the option agreement, payable as and when such
payments are paid and issued.


This announcement has been prepared under the supervision of Lawrence A Dick,
Ph.D., P.Geo, the Qualified Person for the purposes of NI 43-101 with respect to
the technical information in this news release.


On behalf of the Board of Confederation Minerals Ltd.

Lawrence A. Dick, Ph.D., P. Geo., President and CEO

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, the continued advancement of the company's general business
development, research development and the company's development of mineral
exploration projects. When used in this document, the words "anticipate",
"believe", "estimate", "expect", "intent", "may", "project", "plan",

"should" and similar expressions may identify forward-looking statements.
Although Confederation Minerals Ltd. believes that their expectations reflected
in these forward looking statements are reasonable, such statements involve
risks and uncertainties and no assurance can be given that actual results will
be consistent with these forward-looking statement. Important factors that could
cause actual results to differ from these forward-looking statements include the
potential that fluctuations in the marketplace for the sale of minerals, the
inability to implement corporate strategies, the ability to obtain financing and
other risks disclosed in our filings made with Canadian Securities Regulators.

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