Alturas confirms strong gold and silver bedrock anomalies at its Ccaccapaqui epithermal project, southern Peru

Toronto, June 18, 2008 – Alturas Minerals Corp. (the “Company”) (TSX-V: ALT) is pleased to announce positive results from recent geochemical sampling of its Ccaccapaqui gold-silver project in southern Peru. Strong bedrock gold and silver values are reported from massive and banded siliceous alteration, and alunite-silica breccias, within favourable volcanic stratigraphy and regional-scale structures. Systematic rock sampling (219 samples) of the favourable outcropping alteration yielded peak values up to 3.2 grams/tonne gold and 194 grams/tonne silver.

Sampling at Ccaccapaqui has returned very encouraging gold and silver results within the upper levels of a high-sulfidation epithermal system. From the 219 samples taken, 64 reported values higher than 0.1 g/t gold, of which 24 assayed higher than 0.5 g/t gold and 8 samples returned values between 1.0 and 3.2 g/t gold. Some 43 samples reported anomalous silver values between 1 g/t and 194 g/t silver. The mineralized silica and alunite alteration outcrops in small erosional windows but marks a coherent anomaly of +1.50 x 0.50 kilometers in dimension. The system is still open at both ends, passing under younger cover and re-emerging in the northwest, extending the size potential to more than 2.50 kilometers of strike length.

Miguel Cardozo, President of Alturas commented, “We have confirmed the existence of wholesale silicification of tuffaceous volcanic rocks at Ccaccapaqui, a key ingredient in the development of large bulk-mineable, low grade, gold-silver deposits of the high-sulfidation epithermal style. In addition, there is potential for finding mechanically transported gold in the extensive glacial moraine deposits that flank the valleys, akin to the Yanacocha district of northern Peru. Alturas has prioritized its 100% owned Ccaccapaqui project and will aggressively advance the surface exploration program this year to the stage of defining drill targets.”

The 600 hectare Ccaccapaqui project is located 460 kilometers southeast of Lima in the department of Ayacucho, within the same volcanic belt that hosts major high- and low-sulfidation epithermal gold-silver deposits such as Orcapampa, Arcata, Ares, Antapite and Poracota. Buenaventura-Newmont´s 0.5 million ounce Brea Pampa high sulfidation gold deposit lies only 25 kilometers to the southeast of the Ccaccapaqui project.

For a map showing results, refer to the Company´s website www.alturasminerals.com/ccaccapaquimap.htm

Alturas is a Canadian corporation, and is the parent of Alturas Minerals S.A. (“Alturas Peru”). Alturas Peru has been actively exploring various mineral projects in Peru since January 2004. The principal assets of Alturas are four mineral exploration projects located in southern Peru, being the Huilacollo Gold Project, the Baños del Indio Gold Project, the Utupara Copper-Gold Project and the Huajoto Gold-Silver-Zinc Project. In addition, Alturas Peru has interests in eight other exploration projects in Peru. Alturas’ exploration strategy is focused on the discovery of large epithermal gold mineralized deposits and copper-gold porphyry/skarn deposits.  For further information, please visit the Company's website at www.alturasminerals.com

As required by the National Instrument 43-101, Alturas's designated Qualified Person for the supervision of exploration of the projects is Dr. Paul Pearson, F. AUSIMM, Vice President-Exploration of the Company, who has verified the technical information reported in this News Release.

For further information please contact:

Miguel Cardozo, President & Chief Executive Officer  
Alturas Minerals Corp.  
Suite 820, 330 Bay Street, Toronto, Ontario M5H 2S8
Phone:   +1-416-366-5555 (Toronto)
              +51-1-475-1700 (Peru)
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This press release may contain “forward-looking statements”, which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements.  Investors are cautioned that such statements are not guarantees of future performance and results.  Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure documents filed from time to time with the Canadian securities authorities.