Confederation Minerals initiates 2012 exploration program at Newman-Todd

Confederation Minerals Ltd. (TSX.V: CFM; Frankfurt:070) is pleased to
announce Matrix Diamond Drilling Inc. has been contracted to undertake a
minimum 5,000 metre diamond drill program at the Newman Todd property,
located in the Red Lake Gold District, Ontario. Mobilization and the
initiation of drilling is anticipated in mid-May.

To date, drilling has focused on the Newman Todd Structure (NTS) where
several zones of high grade gold mineralization have been drill traced for
over a strike length 1.8 kilometres. A detailed geological interpretation,
including 3-D modeling of the 2011 program which saw 24,707 metres drilled
in 56 holes, is ongoing.

The current 3-D model has identified several targets within the Newman Todd
structure which have not been drill tested including:

* shallow high grade targets such has Hole NT-072 which intersected 24.1
g/t over 1.0 meter at a vertical depth of 6.0 meters
* wide spaced drilling within the Hinge Zone where several > 20 g/t
intercepts have been returned with up to 100 meter spaces between them.
* several near vertical to steeply plunging Silica/Sulphide/Magnetite
replacement zones which remain open in all directions.

The majority of the 2012 program will target the Hinge Zone with hole
locations designed to both fill in gaps within the existing 3D model and to
optimize the geological information that may contribute to the development
of a Preliminary Economic Assessment (PEA).

All work on the Newman Todd project is being funded by the operator,
Confederation Minerals Ltd. (Confederation) (TSX.V:CFM). For a summary of
results to date, refer to the Company's website at
www.confederationmineralsltd.com.

Development work completed, and areas of interest identified, on the
project to date include:

* Confirmation of the existence of a large-scale, open-ended, gold-bearing
hydrothermal system(approximately 2.2km long and over 500 meters of depth
extent indicated by drilling);
* Confirmation of the continuation of high-grade gold in
structurally-controlled zones from surface to a depth of at least 500
metres where it remains open ;
* Identification of key ore controls of high-grade gold mineralization
within the NTS;
* Establishment of an all-season exploration camp to continue year-round
exploration;
* Recognition of the deposit type as being similar to that of the
high-grade zone at the Red Lake Mine.

Exploration work at the Newman Todd project is funded by Confederation
Minerals Ltd. (Confederation). Pursuant to an option agreement with Redstar
Gold Corp. ('Redstar'), Confederation can earn a 50% interest in the
project by spending $5.0 million on exploration paying Redstar a total of
$250,000 and issuing Redstar 500,000 shares by November 2013,. To date
Confederation has spent in excess of $5.0 million dollars on exploration of
the project, paid Redstar $100,000 and issued it 200,000 shares.
Confederation can earn an additional 20% by producing a Preliminary
Economic Assessment (PEA) by November 2016. During the earn?in period,
Confederation is the operator of the project.

Core samples from the program were cut in half, using a diamond cutting
saw, and were sent to Activation Laboratories Ltd. in Red Lake Ontario, an
accredited mineral analysis laboratory, for analysis. All samples were
analyzed for gold using standard Fire Assay-AA techniques. Samples
returning over 3.0 g/t gold were analyzed utilizing standard Fire
Assay-Gravimetric methods. Certified gold reference standards, blanks and
field duplicates were routinely inserted into the sample stream, as part of
Confederation's quality control/quality assurance program.

Bob Singh P.Geo is the qualified person as defined by National Instrument
43-101 and has reviewed this news release. Mr. Singh has been engaged
through a third party service provider by Confederation Minerals Ltd. to
manage the project, and is also the Canadian Exploration Manager for
Redstar Gold Corp.

On Behalf of the Board:

'Brian Bapty'

Brian Bapty, Ph.D.
President

CORPORATE INQUIRIES
Confederation Minerals Ltd.
Suite 1980, 1075 West Georgia Street
Vancouver, B.C.
Brian Bapty, President
+1 604.218.1647
Brian.bapty@confederationmineralsltd.com
www.confederationmineralsltd.com

Forward-Looking Information
This release includes certain statements that may be deemed
'forward-looking statements'. All statements in this release, other than
statements of historical facts, that address events or developments that
the Company expects to occur, are forward-looking statements.
Forward-looking statements are statements that are not historical facts and
are generally, but not always, identified by the words 'expects', 'plans',
'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential'
and similar expressions, or that events or conditions 'will', 'would',
'may', 'could' or 'should' occur. Although the Company believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in the
forward-looking statements. Factors that could cause the actual results to
differ materially from those in forward-looking statements include market
prices, exploitation and exploration successes, and continued availability
of capital and financing, and general economic, market or business
conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may
differ materially from those projected in the forward-looking statements.
Forward-looking statements are based on the beliefs, estimates and opinions
of the Company's management on the date the statements are made. Except as
required by applicable securities laws, the Company undertakes no
obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should
change.


End of Corporate News

Unternehmen: Confederation Minerals Ltd. - ISIN: CA20716C1068