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CONFEDERATION MINERALS LTD. SETS STOCK OPTIONS Vancouver, B.C.; Confederation Minerals Ltd. (“Confederation” or the “Company”)

Share Capital & Compensation

Suite 1980, 1075 West Georgia Street, Vancouver, British Columbia, V6E 3C9 Tel: 604 688 9588; Fax: 778 329 9361

PRESS RELEASE

July 25, 2011 TSX-V Symbol: CFM

CONFEDERATION MINERALS LTD. SETS STOCK OPTIONS

Vancouver, B.C.; Confederation Minerals Ltd. (“Confederation” or the “Company”) (TSX-V: CFM) reports that it has granted incentive stock options, exercisable to purchase up to an aggregate of 150,000 shares of the Company, to the chief financial officer of the Company. The options are exercisable at the price of $0.84 per share until July 25th, 2016, subject to any earlier termination in accordance in their terms.

On Behalf of the Board,

Confederation Minerals Ltd.

“Lawrence Dick”

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

CORPORATE INQUIRIES Confederation Minerals Ltd.

Suite 1980, 1075 West Georgia Street Vancouver, B.C.

Leo Karabelas 416-543-3120 [email protected] www.confederationmineralsltd.com