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Recent Donner Metals Ltd. Interview

Donner Metals Ltd. (DON: TSX-V) reported that the Company has received notice from partner Xstrata Canada Corporation – Xstrata Zinc Canada Division that it will conduct a feasibility study on the PD1 Deposit commencing immediately.

• study will focus on the open pit potential of the deposit between 25 and 100 metres vertical depth, as incremental feed to the Matagami mill that could supplement production from the Bracemac-McLeod deposit between 2013 and 2016

• remainder of the deposit will be assessed in a scoping study that will investigate the viability of further exploitation of the deposit by underground development. These studies have been initiated on the basis of the measured and indicated resources reported by the Company in its press release dated January 14, 2011.

PROJECT OVERVIEW

The PD1 deposit is covered by the terms of the Matagami Option and Joint Venture Agreement which has an area of mutual interest of 4,753 square kilometres. The Matagami project presently includes 2,986 mineral claims covering 644 square kilometres including 9 contiguous mineral claims covering the PD1 deposit that are subject to cash and royalty payments to Phelps Dodge Corporation of Canada.