Lucky Minerals Inc.: Corporate Update: Technical Report

SURREY, British Columbia, Canada /February 21, 2013/TSX-V: LJ -- Lucky Minerals Inc. (the "Company" or "Lucky Minerals") announces today it has filed a National Instrument 43 - 101 ("NI 43 - 101") compliant technical report related to its Vianey Project in Guerrero state, Mexico. A copy of the technical report can be downloaded at www.sedar.com under the Company's profile.


About the Company

Lucky Minerals is a mineral exploration company with two projects, the Parnes Lake Gold Project located 16 km south of the town of Sioux Lookout, Ontario and close proximity to Treasury Metals Goliath Gold deposit, the property consists of 13 unpatented mining claims comprising 139 units totaling 2,229 hectares; and the Vianey Mine Project which is situated within the prolific Guerrero Gold Belt in Guerrero State, Mexico, and approximately 250 km south of Mexico City. The project covers 5,022 hectares (approximately 12,400 acres) in two concessions; the Vianey Mine and the El Jabali concession. The Vianey Mine is 44 Ha in size and is situated within the eastern portion of the Morelos Project owned by Torex Gold Resources Inc. ("Torex"). Morelos hosts Torex's El Limon gold skarn resource. The Vianey Mine was put into production in 1974 by Compania Minera de Chilpancingo S.A. and was in operation on a small scale until 1996. The El Jabali concession is 4,978 Ha in size, and adjoins the eastern edge of the Torex concession. Goldcorp.'s Los Filos Mine, which contains a skarn hosted gold deposit, is located less than 10km southwest of the El Jabali concession.


ON BEHALD OF THE BOARD

"Navchand Jagpal"
Navchand Jagpal, CEO



For more information regarding this press release, contact:

Sonny Janda, Director
(604) 443 5060



Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

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