Yankee Hat Minerals Ltd. ("Yankee Hat") (TSX VENTURE:KHT) is pleased to announce
that it has reached a settlement with Manto Resources Ltd. in respect of its
proceedings in the Supreme Court of British Columbia over the Fran mineral
claims. The parties expect to execute a formal settlement agreement in due
course.


Yankee Hat was represented by Christine J. Duhaime and Alim Khamis of Duhaime
Law in respect of the litigation.


ABOUT YANKEE HAT MINERALS LTD.

Yankee Hat is a mineral exploration company based in British Columbia, Canada
with mineral interests in several locations in northern Canada. Yankee Hat
welcomes the news of the settlement and looks forward to focusing its efforts on
managing its exploration operations with a view to growth and expansion.


ON BEHALF OF YANKEE HAT MINERALS LTD.

P. Bradley Kitchen, CEO and Director

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