The sector of the Winchester property is recognised as being part of the Caopatina-Desmaraisville early Precambrian belt of greenstone and here composed of mafic volcanites and volcaniclatites. These rocks are affected by a major system of kilometres to decakilometers EW-ENE and NE faults which is associated with the great regional deformation corridors of the Guercheville and Fancamp systems. The latter are home to several gold-bearing deposits, including the Joe Mann mine (3.38 Mt @ 8.33 g/t Au, 2002 historical resources) and the Chevrier deposit whose resources are estimated at 2.1 Mt @ 6.5 g/t Au (2002 historical resources).

From 1984 to 1993, SOQUEM did prospecting and mapping on 20% of the property’s area as well as a magnetic survey and TBF of 40 km. SOQUEM also bored 2 holes totalling 490 m in the northwest part of the property. From 1993 to 1996, SOQUEM and Ressources Unifiées Oasis Inc. conducted a P.P. survey of 7.2 km located in the northern sector of the property, and an EMH survey covering the entire property, and, finally, drilled in four spots totalling 771 m located in the northeast quadrant of the property.

In 2002, SOQUEM did four boreholes on the property in order to check the geophysical targets (EMH and MAG) associated with the southwest fault gap of the Nouvelle gold corridor and their interactions with the Guercheville and FAN camp displacement corridors. All targets were explained by the presence of sulphide-bearing shears or by pyrite-bearing graphitic schists (tufts).

Three boreholes brought to light a new gold-bearing area named Structure 86. This zone is associated with a multi-decametric level of altered volcaniclastics, injected with veins of quartz-calcite and bearing pyrite. A majority of the anomalous gold assay values are found in the graphitic schists (tufts) injected with veins of quartz-calcite-pyrite. The best gold assay values obtained are found in the 993-01-86 and 993-01-88 bore holes. In the 993-01-86 bore hole, the volcaniclastic unit gives an assay value of 0.24 g/t Au / 80.4 m including 0.54 g/t Au / 22.0m, including an interval of 2.46g/t Au / 1.0m and another of 1.61 g/t Au / 2.5 m. In the 993-02-88 bore hole, located 100 m east of the 993-01-86 bore hole, the same unit of volcaniclastics gives an assay value of 0.30 g/t Au / 70.0 m ( with 22.4 m unsampled cores whose assay value was set at 0 ppb Au for calculating purposes). This interval included an assay value of 2.36 g/t au / 7.4 m including 13.85 g/t Au /1.0 m.

Stelmine may acquire a 100 interest by making payments totalling $50,000 and issuing 600,000 common shares of its share capital over 12 months; Stelmine must also have carried out $250,000 in exploration work on the property within 12 months of the agreement date.

The technical information reported in this news release has been approved by Jacques Marchand eng. geol., Qualified Person as defined by Canadian NI 43-101

Stelmine Canada Ltée is a junior exploration company registered on the TSX Ventures under the symbol STH.

For more information, please contact:

Michel Lemay
President and CEO
(514) 866-8209

Neither the TSX Venture Exchange nor the Regulation Services Provider (as defined in the TSX Venture Exchange policies) accepts any responsibility for the truth or accuracy of its content.

The private placement consist of:
242 units “A” (the “Units A“), at a price of $1,500.00 per Unit, each Unit “A” consist of 8000 flow-through common shares at a price of $0.15 per flowthrough common share, 2,000 common shares at a price of $0.15 per common share and 2 000 share purchase warrants. Each share purchase warrant shall entitle its holder thereof to acquire one additional common share of Stelmine at a price of $0.15 for a period of 12 months from the closing date for a gross proceed of $363,000.

180 units “B” (the “Units B“), at a price of $1,000.00 per Unit, each Unit “B” consist of 10 000 common shares at a price of $0.10 per and 10 000 share purchase warrants. Each share purchase warrant shall entitle its holder thereof to acquire one additional common share of Stelmine at a price of $0.15 for a period of 12 months from the closing date for a gross proceed of $180,000.

In connection with a tranche of this financing, Stelmine will pay a cash commission of $33,000 to Canaccord Capital and will issue 220,000 broker warrants, each broker warrant entitling Canaccord Capital to purchase one common share of Stelmine at the price of $0.15 during a period of 18 months following the closing date.

4 insiders has participates to this private placement of a gross proceed of: $87,500.

All securities issued pursuant to the private placement are subject to a four-month and one day hold period. The private placement and the payment of the cash commissions are subjects to the final approval of the TSX Venture Exchange.

Proceeds of the private placement will be applied toward exploration work on the Company’s properties and towards meeting short term operating working capital requirements.

Stelmine is a junior mining exploration company, the common shares of which are listed on the TSX Venture Exchange.

For further information please contact Michel Lemay at 514-866-8209.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

As consideration for the services rendered by Limited Market Dealer Inc. (“LMD“) in connection with the private placement, Stelmine has paid to LMD a cash finder’s fee of $10,000 and issued 235,294 finder’s options, each finder’s option entitling its holder to purchase one unit of Stelmine (each, a “Finder’s Unit“) at the price of $0.17 per Finder’s Unit for a period of 24 months following the closing date. Each Finder’s Unit is comprised of one common share and one common share purchase warrant exercisable on the same terms as the common share purchase warrants comprising the FT Units.

“We are pleased to be entering into this relationship with MineralFields Group”, said Michel Lemay, President and CEO. “This is an important milestone in the growth of Stelmine Canada Ltd. and we look forward to working with MineralFields Group as we develop holdings in the Quebec regions.”

Proceeds of the private placements will be used by Stelmine to incur exploration expenditures on its properties located in the Province of Québec.

About Stelmine Canada Ltd.

Stelmine Canada Ltd. is a junior mining exploration company whose common shares are listed on the TSX Venture Exchange under the STH symbol.About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service- friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.

For further information, please contact:

Michel Lemay President and CEO Telephone: 514-866-8209

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The compilation of historic analysis has revealed the presence of three important rare earth concentration anomalies (REE): Ce, La, GD, Er, Yb): with concentrations of up to 4% REE.

Templeton’s carbonatite
The rare earth minerals present in this prospect are monazite and fluorapatite, thin veins of fluocarbonate in calcite and dolomite deposits. Four samples drawn from the site have all shown rare earth concentration anomalies of 2,601 ppm, 3,230 ppm 2,566 ppm of which 1,750 ppm of Ce, 792 ppm of La and 642 ppm of Nd.

Quinnville’s carbonatite
Minerals of rare earths present in this prospect are monazite and fluorapatite, thin veins of fluocarbonate in calcite and dolomite deposits. Four samples drawn from the site have all shown rare earth concentration anomalies of 5,003 ppm, and 5,985 ppm of which 3,125 ppm of Ce.

Cantley’s carbonatite
This rare earth prospect corresponds to a carbonatite vein of about 2.3 metres thick lined with fenite and aegyrine. The vein consists in a 1.3 meter layer of calcite, barite and parisite and of a second 1.0 meter layer of calcite, barite, specularite and aegyrine. The sample drawn from this site showed rare earth concentration anomalies of 40,642 ppm (4.06%) of REE of which 22,100 ppm of Ce, 9,405 ppm of La and 8,925 ppm of Nd.

Stelmine could acquire 100% interest by paying $25,000, issuing 300,000 shares and spending $100,000 of exploration work over a period of 12 months and grant a 2% smelter royalty (NSR) redeemable for the sum of $500,000.

It is important to remind that the company has already announced last November 23rd, a major acquisition of rare earth element properties covering an area of 1,775 hectare in the Kipawa’s alkaline complex region in the sector where the Matamec Resources (11.3% REE) and Fieldex Exploration (4.4% REE) prospects have been published.

Stelmine’s management is very pleased with this acquisition reflecting the new vision of the company’s development thru the rare earth element exploration. Stelmine now owns rare earth elements properties in two regions of the province of Quebec for a total of 2,135 hectares.

Stelmine Canada Ltd. is a junior mining exploration company listed on the TSX Venture Exchange under the STH symbol.

In regard to this release, Mr. Jacques Marchand is acting as the Qualified Person in compliance with NI 43-101 and has reviewed its content.

For more information, please contact:
Michel Lemay
President and Chief Executive Officer
(514) 866-8209

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

Les restrictions et les périodes de rétentions des options sont sujettes à la politique 4.4 du de la Bourse de croissance TSX ainsi qu’au régime d’options de Stelmine.

Stelmine Canada ltée est une société d’exploration minière dont les titres sont inscrits à la Bourse de croissance TSX et dont les objectifs sont de développer et de mener à production des projets aurifères et autres.

Pour plus de renseignements, veuillez communiquer avec :

Michel Lemay Président et chef de la direction 514-866-6299.

Ni la Bourse de croissance TSX ni le Fournisseur des services de Régulation (tel que défini dans les politiques de la Bourse de croissance TSX) n’accepte de responsabilité concernant la véracité ou l’exactitude de son contenu.

All securities issued pursuant to the private placement are subject to a four-month hold period expiring on October 16, 2009. The private placement is subject to final TSX Venture Exchange acceptance for filing.

Two insiders have participated to the private placement for an aggregate of $15,000.00. A material change report with respect to the private placement has not been filed at least 21 days before the expected date of the closing as Stelmine was in need of the funds. Stelmine considers the shortened timeframe to be reasonable and necessary under these circumstances.

Proceeds of the private placement will be applied towards ongoing work on properties, and for operating working capital purposes.

Stelmine is a junior mining exploration company, the common shares of which are listed on the TSX Venture Exchange. It primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact Michel Lemay at 514-866-6299.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The geophysical exploration and prospecting program covered the whole land portion of the south block of the Opinaca mining property.

The shores of the Opinaca Reservoir were prospected and the erratic mineralized boulder specimens found were collected for analysis. For the most part, the mineralized boulders were oxidized amphibolites sometimes with up to a 10% sulphide content. The boulder specimen analysis revealed only one anomal gold specimen containing 191 ppb of gold and three anomal copper specimens containing respectively 214, 351 and 335 ppm of copper.

Prospecting traverses spaced out by 250 and 500 meters were performed on the whole land proportion of the mining property, or on a distance of about 20 km. The mineralized outcrops were visited, photographed and sampled. The more massive rock sampling such as granites and pegmatites sometimes required the use of a portable drill in order to obtain representative specimens.

The formations and outcrops observed on the whole of the property are limited to pink granites and quartz- bearing diorites. The size distribution varies from medium to coarse. A few white milk sterile-looking quartz veins were observed cutting across massive granites but no gold-bearing content was reported in the analysis.

The scintillometer prospecting of the granites on the property did however reveal several uraniferous anomalies, some exceeding 1000 cps justified the portable drill sampling. The uranium analyses were performed by the Laboratoire Expert of Rouyn Noranda and the best results obtained are the following:

Geophysical Survey:

A total of 34.5 km of lines with a North-South orientation and spaced out by 250 meters were drawn to cover the entire land portion of the property.

The grid line (localization grid) was used to perform a magnetic and radiometric survey. Readings were taken at 50 meter intervals along the lines with a nip at every 25 meters in those areas of the property showing anomalies.

The magnetic survey reports no significant anomalies. The radiometric survey shows a background of about 50 to 200 cps in total counts, as well as several punctiform anomalies of about 500 to over 3,000 cps over the entire area studied.

Mr. Maurice Giroux, a geologist and qualified person as defined by National Instrument 43-101, has read and approved the content of this news release.

Stelmine Canada Ltd is a junior mining exploration company newly listed on the TSX Venture Exchange under the symbol STH.

For additional information, contact:
Mr. Michel Lemay
President and Chief Executive Officer
Tel.: (514) 866-6299

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Mr. Carrier is presently President and CEO of Opsens Inc (TSX-OPS) a well esteemed company listed on the TSX Venture involved in reservoir optimisation and surveillance using innovative fiber optic sensing solutions for the oil and gas industry. The company market a high temperature and pressure sensor used in the Steam Assisted Gravity Drainage (SAGD) recovery technology in Alberta’s oil sands projects. He is also member of the Society of Petroleum Engineers.

Prior to his involvement in Opsens inc, Mr. Carrier served as President and Chief Executive Officer of Roctest Ltd, a company involved in the manufacture of instruments used in civil engineering projects. While with Roctest, Mr. Carrier carried out several acquisitions of businesses, including Nortech GSI inc, FISO Technologies and Kromafibre inc.

As a reminder, Stelmine Canada Ltd purchased 100% interest in a mining license covering 34,000 hectares in Gaspesia hydrocarbons area as reported by the company press release dated June 10, 2008.

The management of the company is very pleased to welcome Mr. Carrier as part of Stelmine team.

Michel Lemay (President and CEO of Stelmine Canada) reports:

“ We are convinced that Mr. Carrier wide experience and knowledge related to gas and oil producers will provide a diversified and strategic view on opportunities for the future of Stelmine.“

The company has granted to Mr. Carrier 150,000 options at the exercise price of 0.54 $ for a period of 5 years.

Stelmine Canada Ltd is a junior mining exploration company newly listed on the TSX Venture Exchange under the Symbol STH with 9,210,100 shares issued.

For additional information, contact:

Mr. Michel Lemay
President and Chief Executive Officer

La Corporation Canaccord Capital agira à titre de placeur pour compte dans le cadre du premier appel public à l’épargne de Stelmine.

Chaque unité A, offerte au prix de 1000 $, comprend (i) 2 600 actions ordinaires accréditives de Stelmine (les « actions accréditives ») au sens de la Loi de l’impôt sur le revenu (Canada) et de la Loi sur les impôts (Québec) au prix de 0,30 $ l’action accréditive, (ii) 1 100 actions ordinaires de Stelmine (les « actions ordinaires ») au prix de 0,20 $ l’action ordinaire et (iii) 1 100 bons de souscription (les « bons de souscription »), chaque bon de souscription permettant à son porteur de souscrire à une (1) action ordinaire additionnelle au prix de 0,25 $ pendant une période de 12 mois suivant la première clôture et par la suite au prix de 0,30 $ jusqu’au 24^e mois suivant la première clôture.

Chaque unité B, offerte au prix de 1 050 $, comprend (i) 5 250 actions ordinaires au prix de 0,20 $ l’action ordinaire et (ii) 5 250 bons de souscription, chaque bon de souscription permettant à son porteur de souscrire à une (1) action ordinaire additionnelle au prix de 0,25 $ pendant une période de 12 mois suivant la première clôture et par la suite au prix de 0,30 $ jusqu’au 24^e mois suivant la première clôture.

Le produit net du placement sera affecté à la réalisation de travaux d’exploration sur la propriété Opinaca et sera affecté au fonds de roulement.

Stelmine a obtenu de la Bourse de croissance TSX (la « Bourse ») une approbation conditionnelle visant l’inscription à sa cote des actions ordinaires de Stelmine.

Parallèlement au premier appel public à l’épargne, Stellar, l’actionnaire unique de Stelmine à l’heure actuelle, distribuera un nombre global de 2 400 000 des actions ordinaires de Stelmine qu’elle détient aux actionnaires de Stellar. Le conseil d’administration de Stellar déterminera une date de référence pour la distribution, laquelle sera communiquée ultérieurement par Stellar.

Dans des communiqués datés des 21 décembre 2006 et 12 avril 2007 respectivement, certaines modalités relatives au versement du dividende en biens ont été divulguées. La divulgation portait entre autres sur le versement d’un dividende de 8 750 000 actions ordinaires de Stelmine auprès des actionnaires de Stellar.

Les approbations des autorités réglementaires ayant juridiction sur les titres de la Stelmine n’ayant pas été obtenues à la satisfaction de Stelmine, Stellar a convenu, d’un commun accord avec Stelmine, de retourner à Stelmine 6 350 000 actions ordinaires sans contrepartie et Stelmine les retournera à son trésor de sorte que le dividende en biens précédemment déclaré par Stellar soit désormais de 2 400 000 actions ordinaires de Stelmine, toujours pour la même contrepartie. En conséquence, Stellar versera à ses actionnaires, à la date de clôture des registres à être fixée par la direction de Stellar et à être annoncée par voie de communiqué de presse, un dividende en biens, à savoir les 2 400 000 actions ordinaires qu’elle détient dans le capital social de Stelmine. Le dividende sera versé aux actionnaires de Stellar à raison d’une action de Stelmine par tranche d’approximativement 25 actions ordinaires de Stellar. La déclaration et le versement du dividende dans sa forme actuelle sont sujets à l’approbation des autorités réglementaires ayant juridiction sur les titres de Stellar et Stelmine.

Cette transactions permettra à Stellar de concentrer ses efforts pour accélérer le développement de son projet Vassan et permettra de continuer l’exploration par l’entremise de Stelmine sur ses autres projets.

Pour plus de renseignements, veuillez communiquer avec :

Michel Lemay
Président et chef de la direction
(514) 866-6299
(514) 866-8096 (télécopieur)

La Bourse de croissance TSX n’assume aucune responsabilité quant à la pertinence ou à l’exactitude du présent communiqué de presse.