Strait Minerals Invites PDAC Delegates to Examine Drill Core from its Alicia Project in Peru

Toronto, Ontario--(Newsfile Corp. - March 1, 2013) - Strait Minerals Inc. (TSXV: SRD) is pleased to welcome the international mining community to Toronto for the Prospectors and Developers Association of Canada's (PDAC) International Convention, which is being held from March 3^rd to March 6^th, 2013.

Strait Minerals Inc. will be exhibiting at this year's Core Shack and Investor's Exchange and we invite shareholders and interested investors to talk to our team at PDAC Booth #5018.

Some exciting developments we will be discussing include:

• Our recently exercised option giving us a 100% interest in the Alicia copper-gold project in Peru.

• Drill core from our Alicia Project that will be on display at the PDAC's Core Shack, booth #5018 on Sunday and Monday, and at our Investors Exchange booth #2415B on Tuesday and Wednesday.

"We are proud to have our Alicia Project selected for display at this year's Core Shack and invite anyone interested in the project and our plans for the future to visit us at the Core Shack or at the Investors' Exchange," said Strait President Jim Borland.

Strait Minerals Inc. is a Canadian mineral exploration company active solely in Peru since 2003 and listed on the TSX Venture Exchange. It holds a 100% interest in the Alicia copper-gold property which lies within the Andahuaylas-Yauri copper belt approximately 500 km southeast of Lima. Strait has granted Teck Peru S.A., a wholly owned subsidiary of Teck Resources Limited, an option to earn up to a 75% interest in the property by, among other things, spending $30 million on exploration or by spending $10 million on exploration and delivering a pre-feasibility study.

Strait also holds an option to earn a 100% interest in the Caribe copper-molybdenum property approximately 80 km west of Alicia and holds a 100% interest in both the Letra Rumi South base metals property and the Culebrilla precious metals property approximately 250 km north of Lima. The Company continuously reviews exploration opportunities in Peru and is actively seeking additional projects. Please visit our web site at www.straitminerals.com.

For additional information about the PDAC 2013 conference or to register for the conference, please visit www.pdac.ca.

For further information contact:

Strait Minerals Inc.
Jim Borland
President
+1 416-272-7387
jborland@straitminerals.com