Donner Metals Assays Return High-Grade Zinc and Copper from theMcLeod Discovery at Matagami, Quebec

VANCOUVER, BC--(Marketwire - November 12, 2008) - Mr. Harvey Keats,
Chief Executive Officer of Donner Metals Ltd. (TSX-V: DON)(FRANKFURT:
D4M), reports assay results returned from the McLeod for drill holes
previously described in the Company's news release dated October 27,
2008. These results and the results from the remaining holes to be
drilled this year as part the current delineation program will be
incorporated into the Scoping Study presently being conducted by
Xstrata Zinc Canada Ltd. on the Bracemac- McLeod discoveries.
 
McLeod Zone (Key Tuffite Horizon)
 
---------------------------------------------------------------------------
             UTM
            Loca-  Angle/ Mine-             Core
            tion   direc- ral             length  ETW
DDH       NAD 83    tion  Ty-               (met-(met-   Zn   Cu    Ag   Au
(depth)  Zone 18 (True N) pe    From     To  res) res)    %    %   g/t  g/t
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                 -62 deg-
                    rees/
MC-08-69 308184E,    038
(610m)  5505020N degrees  SMS 571.85 572.60 0.75 0.66 19.45 1.25 45.30 0.40
---------------------------------------------------------------------------
                     and  SMS 577.10 582.10 5.00 4.18  5.90 1.12 14.95 0.11
---------------------------------------------------------------------------
                 -64 deg-
                    rees/
MC-08-70 308151E,    034  MS/
(733m)  5504963N degrees  SMS 640.00 648.66 8.66 7.00 13.71 1.24 57.92 1.05
---------------------------------------------------------------------------
                -63 degr-
                    rees/
MC-08-71 308294E,    031  MS/
(750m)  5504849N degrees  SMS 670.39 677.44 7.05 6.01 19.72 1.22 28.77 1.07
---------------------------------------------------------------------------
 
Copper Zone (Below Key Tuffite Horizon):
 
---------------------------------------------------------------------------
             UTM
            Loca-  Angle/ Mine-             Core
            tion   direc- ral             length  ETW
DDH       NAD 83    tion  Ty-               (met-(met-   Zn   Cu    Ag   Au
(depth)  Zone 18 (True N) pe    From     To  res) res)    %    %   g/t  g/t
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                 -65 deg-
                    rees/
MC-08-66 308186E,    029
(786m)  5504920N degrees  S   737.06 740.06 3.00  2.5  0.33 1.58  8.35 0.23
---------------------------------------------------------------------------
                 -62 deg-
                    rees/
MC-08-68 308297E,    031
(764m)  5504855N degrees  S   686.00 689.00 3.00 2.59  0.11 1.01  5.90 0.03
---------------------------------------------------------------------------
                 -64 deg-
                    rees/
MC-08-70 308151E,    034
(700m)  5504963N degrees  S  692.79 693.54  0.75 0.61  0.02 1.36  4.60 0.06
---------------------------------------------------------------------------
                 -63 deg-
                    rees/
MC-08-71 308294E,    031
(750m)  5504849N degrees  S  680.32 684.38  4.06 3.48  1.04 1.25 11.64 0.15
---------------------------------------------------------------------------
Table Legend:
Mineral Type: MS equals massive sulphides, SMS equals semi-massive
sulphides, DS equals disseminated sulphides, S equals stringer sulphides in
"Pipe" alteration
 
"Pipe" alteration is defined as intense chlorite alteration typically
underlying or surrounding zones of massive sulphide development and it is
indicative of a hydrothermal vent system associated with mineralization in
the Matagami Camp. Magnetite, chalcopyrite, pyrite, sphalerite, silica and
talc may occur with chlorite. Deposits in the Matagami camp occur as mounds
(Matagami, Isle Dieu), pinnacles (Orchan West/Isle Dieu Deposits) and/or
roots entirely within the "Pipe" (Perseverance Deposit). Many deposits have
aspects of all three.
 
ETW equals Estimated True Width
 
Three drills are active on the Matagami Project at Bracemac-McLeod. A
total of 86,095 metres of diamond drilling in 173 drill holes has
been reported on since the project began in late 2006. Geological
information, including maps and sections, is available at
www.donnermetals.com.
 
PROJECT OVERVIEW
 
Donner has the option to earn a 50% participating joint venture
interest in the Matagami Project by incurring a total of $25 million
of expenditures on exploration and related work on or before May 31,
2011. Upon earn-in by Donner, five separate joint ventures will be
formed, covering the property and the area of interest. In each of
the five joint venture areas, Xstrata Zinc has the option to earn
back a 15% interest in each area by incurring up to $20 million on a
feasibility study.
 
The Matagami Project has an area of mutual interest of 4,750 square
kilometres and presently includes 3,340 mineral claims covering 801
square kilometres. A pipeline of strong drill/exploration targets
remain to be investigated in addition to the efforts at
Bracemac-McLeod. Donner and Xstrata Canada Corporation - Xstrata Zinc
Canada Division (Xstrata Zinc) are using a combination of 3D data
integration, innovative advanced technologies, new concepts and
diamond drilling to explore for new deposits in this prolific mining
camp.
 
The Project covers the Matagami Mining Camp which is a world-class
mining district, with 18 known VMS deposits, including 10 past
producers of varying sizes, including the giant Matagami Lake Deposit
(25.64 million tonnes of 8.2% Zn, 0.56% Cu, 20.91 g/t Ag and 0.41 g/t
Au) discovered in 1957 and mined from 1963 to 1988. The area is host
to historical production of 8600 million pounds of Zn and 853 million
pounds of Cu. The Matagami area is well serviced by established
infrastructure including the town of Matagami, power, a permitted
tailings facility, railway, airport and well developed road and
highway networks. Xstrata Zinc Canada is currently producing from its
low-cost and wholly-owned Perseverance Deposit which feeds its
refurbished 2,600 t/day Matagami mill complex. Any future development
under the Donner-Xstrata agreement will benefit from the established
infrastructure and facilities. Zinc concentrates produced at Matagami
are refined at the Noranda Income Fund zinc refinery in Valleyfield
Quebec. Copper concentrates are smelted at Xstrata's Horne smelter in
Rouyn-Noranda and refined at Xstrata's Canadian Copper Refinery in
Montreal.
 
The Company's strategy is to explore for and discover zinc - copper
deposits in the Matagami Camp and to leverage the general
infrastructure and existing processing facilities within a known and
well-established cost structure for developing VMS deposits. Donner's
exploration objective is to investigate multiple stratigraphic
horizons with potential for VMS mineralization including the prolific
Key Tuffite horizon throughout the Matagami Camp. To date, Donner has
discovered new mineralization at Bracemac-McLeod and at Bell Channel.
Within the extensive project area there are numerous exploration
targets with good potential for additional discoveries.
 
Supplementary Information
 
The field work on the Matagami Project is being carried out by
project operator Xstrata Zinc Canada Division who is responsible for
the sampling, submittal of samples for assay, assay verification and
QA/QC. Assaying of samples reported in this news release was carried
out and certified by ALS Chemex-Chimitec, of Val D'Or, Quebec (zinc,
copper and silver by atomic absorption, and gold by standard fire
assay procedures). Sample preparation was done by ALS Chemex of Val
D'Or, Quebec. Robin Adair, VP of Exploration for the Company, is the
Qualified Person responsible for the technical information in this
news release.
 
ON BEHALF OF THE BOARD OF DONNER METALS LTD.
 
Harvey Keats Chief Executive Officer
 
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
 
Contacts:
Donner Metals Ltd.
Harvey Keats
Chief Executive Officer
(604) 683-0564 or Toll Free: 1-800-909-8311
(604) 602-9311 (FAX)
Website: www.donnermetals.com
Email: donner@bed-rock.com
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.