Athabasca Mineral Permits Issued to Vulcan Minerals Inc.

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Oct 15, 2013) - Vulcan Minerals Inc. ("the Company" - "Vulcan") (TSX VENTURE:VUL) is pleased to announce that it has received from the Alberta government ten Metallic and Industrial Mineral Permits covering 91648 hectares in northeastern Alberta. These permits were issued pursuant to the applications described in the news release dated September 16, 2013. They encompass all of the application area.

The Company continues to compile relevant information regarding the potential for uranium deposits similar to the Paterson Lake South discoveries of Fission Uranium Corp. and Alpha Minerals Inc. approximately 50 miles northeast of the permits. The permits are situated along structurally favourable features in an area where rocks of the Western Canadian Sedimentary Basin overlie the prospective Precambrian basement. The primary targets on the permits are generally interpreted to occur at depths less than 300 metres.

Vulcan is a diversified junior exploration company with mineral exploration and petroleum interests in Canada.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors beyond the Company's control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.