Donner Metals Ltd.-Updated Bracemac-McLeod NI 43-101 IndicatedResource: 3,623,000 Tonnes at 11.52% Zinc, 1.60% Copper, 31.55 g/tSilver and 0.49 g/t Gold

VANCOUVER, BRITISH COLUMBIA--(Marketwire - February 25, 2009) - Mr.
Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX
VENTURE: DON)(FRANKFURT: D4M), reports that, further to the Company's
news release dated January 22, 2009, the Company has received an
update of the resource calculation for Bracmac-McLeod from Xstrata
Canada Corporation - Xstrata Zinc Canada Division (Xstrata Zinc),
operator of the project under the Matagami Lake Option and Joint
Venture Agreement. This update incorporates specific gravity results
attained for individual assay intervals that support the weighted
average resource calculation. Resources are currently calculated at
3,623,000 tonnes grading 11.52% zinc, 1.60% copper, 31.55 g/t silver
and 0.49 g/t gold, with additional inferred resources of 512,000
tonnes grading 1.28% Zinc, 1.85% copper, 12.17 g/t silver and 0.18
g/t gold, calculated separately for the less well defined McLeod West
Zone and the Copper Zone.
 
Xstrata Zinc is presently conducting a scoping study focused on
metallurgical testing, preliminary engineering studies using a ramp
access and both preliminary capital and operating cost assessment
prior to commencing the next stage of drilling on the deposits. The
objective of the study is to provide an initial evaluation of the
viability of mine development as the first step towards assessing the
feasibility of production at Bracemac-McLeod. Under this program,
Xstrata has also recently provided Donner with results from sulphide
characterization studies that predict metallurgical behavior for 90
representative samples from the Bracemac-McLeod sulphide zones. This
study indicates that sulphides are typical of past-produced
mineralization in the Matagami Camp and should behave similarly in
the metallurgical process. The results of the more detailed
metallurgical analyses that are in progress under the scoping study
remain pending.
 
In addition to the scoping study, exploration drilling has commenced
on regional targets elsewhere on the property. Two drills are
currently active.
 
Current Bracemac-McLeod Density-Weighted Resource Calculation
Indicated
Resources
 
---------------------------------------------------------------------------
                             Density
                          (tonnes/m3)     Tonnes    % Zn % Cu g/t Ag g/t Au
---------------------------------------------------------------------------
---------------------------------------------------------------------------
McLeod Zone                     3.41   1,882,186   10.88 1.42  30.10   0.58
---------------------------------------------------------------------------
Upper Bracemac Zone             3.61      84,892   10.93 0.60  30.22   0.43
---------------------------------------------------------------------------
Bracemac Zone                   3.78     524,682    8.52 1.68  24.78   0.32
---------------------------------------------------------------------------
Bracemac Key Tuffite Zone       3.44   1,131,226   14.04 1.95  37.21   0.41
---------------------------------------------------------------------------
---------------------------------------------------------------------------
TOTAL INDICATED                 3.47   3,622,986   11.52 1.60  31.55   0.49
---------------------------------------------------------------------------
 
Current Inferred Resources
---------------------------------------------------------------------------
                             Density
                          (tonnes/m3)     Tonnes    % Zn % Cu g/t Ag g/t Au
---------------------------------------------------------------------------
---------------------------------------------------------------------------
West McLeod Zone                3.29     158,455    2.17 2.63  23.76   0.19
---------------------------------------------------------------------------
Copper Zone                     2.99     353,285    0.89 1.50   6.97   0.17
---------------------------------------------------------------------------
---------------------------------------------------------------------------
TOTAL INFERRED                  3.08     511,740    1.28 1.85  12.17   0.18
---------------------------------------------------------------------------
 
Parameters Used For Indicated and Inferred Resource Calculations:
 
- Cut-off for the Bracemac and McLeod sulphide zones is based on the
extent of massive sulphides. A cut-off grade of 4% zinc equivalent
(zinc + 2 times copper) is used for the Copper Zone. Both are based
on historical experience in resource estimation at Matagami.
 
- Capping Values were applied to individual gold and silver assays
corresponding to the 97.5 percentile of each individual zone in order
to minimize the nugget effect.
 
- Drill spacing for indicated resources calculated for the Bracemac
Zones and the McLeod Zone is at approximately 50 metre centres.
 
- Inferred resources are classified on the basis of greater than 50
metre drill spacing and/or uncertain continuity/geometry at 50 metre
drill spacing.
 
- Type of resource calculation model: Density-weighted polygonal
method on an inclined long section.
 
Zone Features:
 
The Bracemac and McLeod zones contain sulphides that are generally
typical of zinc-enriched Matagami-type VMS deposits. The zones differ
on the following:
 
- significant sulphides stacked in two separate stratigraphic
horizons in the hanging wall to the Key Tuffite at Bracemac,
 
- locally higher copper content for both the McLeod and Bracemac Key
Tuffite zones,
 
- the absence of well developed stringer zones directly under the
core of the zones (except the McLeod Zone),
 
- the tabular shape of mineralization, and
 
- the extensive chloritization of the footwall Watson Lake rhyolite
observed from Bracemac to McLeod (greater than 2 km wide).
 
Mineralization is poorly conductive and characterized by weak or
absent electrical conductivity in the outer part of the sulphide
bodies making the delineation of their edge difficult by standard
electromagnetic geophysics. General characteristics of each zone are
as follows:
 
McLeod Zone:
 
- Massive and semi-massive sulphides at or near the Key Tuffite
stratigraphic horizon.
 
- Excellent potential for expansion of mineralization at depth
indicated on the basis of DDH MC-08-34 (10.81% zinc, 1.35% copper,
37.72 g/t silver, 0.59 g/t gold over 2.12 metres).
 
West McLeod Zone:
 
- Massive and semi-massive sulphides, generally copper-rich.
Geometry, extent of sulphides and connection with the McLeod Zone is
unclear at current drill spacing.
 
Copper Zone:
 
- This zone is characterized by the occurrence of stringer copper
mineralization within extensive "Pipe" alteration in a laterally
predictable and continuous sheet that occurs between 10 to 30 metres
below mineralization in the McLeod Zone.
 
Bracemac Zone:
 
- Massive and semi-massive sulphides occur in three stacked zones
(Upper Bracemac Zone, Bracemac Zone and Bracemac Key Tuffite Zone).
 
Alteration and the trend of mineralization indicate further potential
exists to discover additional high-grade sulphides in the local
vicinity of both the McLeod and West McLeod zones. This potential
will continue to be assessed as the project is advanced.
 
The NI 43-101 compliant Technical Report for the resource estimate on
Bracemac-McLeod will be posted shortly on SEDAR and on the Company's
website at www.donnermetals.com. Additional information regarding
exploration and key target areas on the regional project is also
available on the web site.
 
SUMMARY
 
A total of 90,185 metres of diamond drilling in 180 drill holes has
been completed on the Matagami Project since the activity under the
Option and Joint Venture Agreement began in late 2006. Approximately
80,000 metres of diamond drilling have been focused on, and in the
vicinity of, the Bracemac-McLeod Discovery.
 
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 bankable 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. 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 8,600 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, and airport
and well developed road and highway networks. Xstrata Zinc 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 excellent potential for additional discoveries.
 
SUPPLEMENTARY INFORMATION
 
Xstrata Zinc is the project operator for the Matagami Project and is
responsible for both fieldwork and resource evaluation including, but
not limited to, sampling, submittal of samples for assay, assay
verification, metallurgical evaluation and QA/QC. In accordance with
Standards of Disclosure for Mineral Projects, National Instrument
43-101 Section 5.3(3) , Donner is relying on the technical
information supplied by Xstrata Zinc, a "producing issuer" under the
instrument. Calculation of resources reported in this news release
was conducted by Gilles Roy and Michel Dessureault who are the
Qualified Persons for Xstrata Zinc responsible for the technical
information supplied to Donner.
 
Assaying of samples that form the basis of the resource calculation
were 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 for Donner Metals Ltd. and is responsible for the technical
information reported 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)
Email: donner@bed-rock.com
Website: www.donnermetals.com
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.