Buchans Minerals Corporation (BMC-TSX-V) ("Buchans Minerals" or the "Company") is pleased to announce it has acquired a 100% interest in the Woodstock Manganese Property in New Brunswick, Canada.

The property is host to three zones of sediment-hosted-manganese and iron mineralization, including the historic Plymouth deposit. Together, these deposits potentially represent one of the largest undeveloped manganese resources in North America. The property was purchased from a private, Fredericton-based company and covers 470 hectares, 5 kilometres northwest of the town of Woodstock and possesses excellent infrastructure, including railway lines located 16 kilometres to the west as well as the Trans Canada Highway located 4 kilometres to the east. Upon purchasing the property, the Company staked additional claims expanding its land position to 3,700 hectares (37 km2). The Company is assessing scenarios for advancing the property including undertaking additional work to assess and define the resources and their potential for development through joint venture or internally.

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