Vancouver, BC, July 24, 2007 – Morgain Minerals Inc. (“Morgain”) (TSX-V: MGM) announces that its Annual General Meeting of Shareholders was held on June 28, 2007 in Vancouver, Canada. The resolutions presented to shareholders in Morgain’s proxy circular, a copy of which may be found on www.sedar.com, were passed.
Morgain is a Vancouver based emerging gold exploration and development company focused on the acquisition and development of profitable gold mines in Mexico. Morgain is currently developing its 100% owned Castillo Gold Project located in the State of Durango, Mexico and expects to start producing gold this quarter.
ON BEHALF OF MORGAIN MINERALS INC. Christopher E. Babsmall thingy President and Chief Executive Officer
For further information about Morgain contact: Court Babsmall thingy, Investor Relations (604) 643-1727 Coal Harbour Communications Inc.(604) 662-4505 or Toll-free 1-877-642-6200