News Releases

January 22, 2007
Lysander Acquires New Lands In North Central B.C.

Lysander Minerals Corporation (TSX-V: LYM; "Lysander") is pleased to announce recent additions to its extensive land holdings at the Pinchi Project, located some 200 kilometres northwest of Prince George, BC. A total of 7,885 hectares, represented by the Bill 1 to 19 claims, have been added to the existing block in the central part of the Hogem Batholith bringing the total holdings to approximately 36,646 hectares.

A major exploration play for copper and gold has been developing in this portion of the Quesnel Trough. Almost all of the rift valley sequences between Pinchi and Mt. Milligan deposit, some 80 kilometres to the southwest and continuing north to Kemess Mine, some 100 kilometres to the north, have now been acquired by a variety of interests.

Our new Pinchi ground has been acquired on the recommendation of Dr. Peter Fox, consultant, who carried out a geological reconnaissance bassed on forest road access. He noted extensions of the favourable rocks sequences, syenite-migmatite, pyroxenite, megacryst porphyry, etc. forming the Duckling Creek Syenite Complex and of copper accumulations.

On behalf of the Board,

Donald K. Mustard, P.Eng.
President and CEO

For further information please contact Larry Myles, Shareholder Communications at 604-408-7600 and visit the Company's website at

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

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