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VUL.V ·

Vulcan Minerals Inc. – Stakes new claims at Voisey’s Bay South

Mergers & Acquisitions Property Options & Staking

333 Duckworth Street, St. John's, NL, A1C 1G9

Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca

News Release

March 01, 2018

Stock Symbol: TSX-V:VUL

Vulcan Minerals Inc. – Stakes new claims at Voisey’s Bay South

St. John’s Newfoundland and Labrador - Vulcan Minerals Inc. (“the Company” - “Vulcan” TSX-

V:VUL) announces that the Company has added 42 claims to its Voisey’s Bay South project where

Fjordland Exploration Inc. (Fjordland) has rejuvenated exploration in the prospective Pants Lake

intrusion. The Pants Lake mafi c intrusive complex was first explored for nickel following the 1993

discovery of the Voisey's Bay nickel -copper-cobalt mine approximately 80 kilometres north. Several

rounds of drilling and geophysics have established the intrusion's potential for signifi cant accumulations

of magmatic massive sulphides. Vulcan’s new claims are strategically located in the northern portion of

the intrusion in an area postulated to be down dip of some of the best historic drill results on the

project. The claims are covered by a series of geophysical surveys which are curr ently being reviewed.

The Company now holds 72 strategically located claims including a land position proximal to the Sandy

targets in the south portion of the intrusion where Fjordland completed a drilling program in late 2017.

Copper Gold Projects

The Company continues to evaluate the Springdale copper/gold and Central Newfoundland gold results

from the successful 2017 field season. This work is expected to fulfill all expenditure obligations on the

projects and keep the claims in good standing pursuant to the regulatory requirements. Adjustments to

the land positions will be made to reflect the Company’s better understanding of each propert y’s

mineral potential from the 2017 results. Exploration plans for 2018 are currently being formulated and

partners are being solicited to advance the projects.

Red Moon Resources

Vulcan’s subsidiary Red Moon Resources Inc . (Red Moon) has announced an update on its industrial

mineral developments available at www.redmoonresources.com . Highlights include the environmental

clearance for the development of it s Ace gypsum deposit in western Newfoundland and positive initial

geochemical results for its 2017 bulk sample of the Black Bay nepheline deposit in southern Labrador.

Prospectors and Developers Association Convention (PDAC)

The Company will be exhibiting at the PDAC from Sunday, March 4th to Wednesday, March 7th in the

Investors Exchange at the Metro Toronto Convention Centre. Please come and visit us at Booth 2744 if

you are attending the conference. The PDAC International Convention is the world’s premier mining

333 Duckworth Street, St. John's, NL, A1C 1G9

Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca

investment convention for people, companies and organizations in, or connected with, mineral

exploration.

Patrick J. Laracy, P. Geo, President, and Patrick Collins, P. Geo. are qualified persons responsible for the

contents of this news release as defined in National Instrument 43-101.

We seek Safe Harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adeq uacy or

accuracy of this release. This release may contain certain forward -looking statements. Actual events or

results may differ from the Company’s expectations. Certain risk factors beyond the Company’s control

may affect the actual results achieved. Ac cordingly, readers are advised not to place undue reliance on

forward-looking information. Except by law, the Company undertakes no obligation to publicly update or

revise forward-looking information.

For information please contact:

Patrick J. Laracy, President

(709) 754-3186

[email protected]

www.vulcanminerals.ca