Full Metal Minerals Ltd. TSX VENTURE: FMM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2008) - Full Metal Minerals (TSX VENTURE:FMM) and Altair Ventures Inc. (TSX VENTURE:AVX) are pleased to announce that drilling has commenced at the CJ Gold Project in Alaska.

The CJ Project is a sediment-hosted, structurally controlled, high-grade gold vein system located adjacent to a paved highway. Several historically producing gold mines occur within a structural corridor that currently has a strike length of 3,200 meters and spans 500 vertical meters. Drilling completed by Altair and Full Metal during 2007 confirmed the strike extent of the gold-bearing system (see FMM 2007 - NR #31, December 10, 2007).

This phase of exploration will include a minimum 12 hole, 1,500 meter program, specifically targeting high-grade gold mineralization at the historically producing Dawson Mine. Historic drill results from a limited 1980 Dawson Mine drill program include:

 
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Hole            Width    Average Grade
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DDH#11     2.4 meters      40.4 g/t Au
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DDH#15     4.9 meters       9.3 g/t Au
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DDH#16     8.8 meters      18.7 g/t Au
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DDH#18     6.3 meters      28.3 g/t Au
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DDH#20     4.0 meters       8.7 g/t Au
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The CJ Property is well located on east-central Prince of Wales Island in southeast Alaska. The southern boundary of the Property has access to both a high-voltage power line and a state maintained paved highway connecting the community of Craig to a ferry terminal at Hollis.

The 2008 exploration program at CJ will be supervised by Greg Thurow CPG#3403 (Wyoming) with Alaska Earth Sciences, an Anchorage-based Consulting Group and a Qualified Person as defined by NI 43-101. Drill cores will be cut in half using a diamond saw, with one-half placed in sealed bags, and delivered to ALS-Chemex Labs facility in Vancouver, B.C. A sample quality control/quality assurance program is planned. Contents of this release were written and approved by Robert McLeod, P.Geo., Vice President of Exploration for Full Metal Minerals and a Qualified Person as defined by NI 43-101.

Drilling will begin shortly on the high grade 40 Mile Zinc, Lead, Silver Property and at Moore Creek Gold Property. Other 2008 drill programs include Lucky Shot Property, Mt. Andrew Property, Pebble South Property, and OG Property. The Company has Joint Venture Agreements with Kinross Gold, Freeport McMoRan, BHP Billiton, Metallica Resources, Triex Minerals, Altair Ventures, Highbury Projects and Millrock Resources.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Williams, President and Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.