Minfocus Exploration Corp. Completes Work Commitment on Seagull Option Property During Recent 2012 Nipigon Reefs Drilling Exp...

Minfocus Exploration Corp. ("Minfocus") (TSX VENTURE:MFX) announces that as part
of its recent winter drilling program on its Nipigon Reefs Property, the
exploration work successfully completed to date has exceeded the minimum
exploration work commitment of $250,000 required prior to April 30, 2012 on the
optioned Seagull North claims, which form part of its Nipigon Reefs Property in
northwestern Ontario.


Minfocus has completed seven (7) diamond drill holes totaling more than 2,000
metres on its Nipigon Reefs Property. Included in this total are four (4) drill
holes totaling 1,742 metres which were drilled within the optioned Seagull North
claims. Samples have been submitted for analysis to Activation Laboratories Ltd.
laboratory in Thunder Bay, Ontario.


The winter diamond drilling at the Nipigon Reefs Property commenced February
12th and was aimed to target extensions of the previously identified multiple
layers of mineralization with platinum group elements ("PGE"), gold, copper and
nickel. Minfocus has constructed a new geological model of the Nipigon Reefs by
incorporating and reinterpreting a broader database of the historic drilling
than any previous workers which suggests that the mineralized layers could be
much more extensive than previously interpreted.


Minfocus also reports that certain of the claims that were reported earlier to
be due to expire in mid-February within the Nipigon Reefs Property, have had
their applications of "banked credits" and extension of the time period for the
completion and filing of the assessment work approved by the Ontario Ministry of
Northern Development, Mines and Forestry.


The Seagull North claims were optioned in February 2011 from their joint owners,
Black Panther Mining Corp. (TSX VENTURE:BPC) (40% interest), Rainy Mountain
Royalty Corp. (TSX VENTURE:RMO) (30% interest) and Trillium North Mineral Ltd.
(TSX VENTURE:TNM) (30% interest), collectively the "Optionors". Under the Option
Agreement, Minfocus is to incur exploration expenditures on the Seagull North
claims exceeding $250,000 in each year of the 4-year initial option term.


Under the Option Agreement, Minfocus has the initial option to earn a 55%
interest in the property from the Optionors. An initial payment of cash and
shares was paid upon signing, and thereafter, Minfocus is required to pay the
Optionors $25,000 (in cash and/or shares of Minfocus) on each of the 12-month
anniversary, the 24-month anniversary and the 36-month anniversary of the Option
Agreement. Minfocus can increase its interest in the property to 70% by
incurring an additional $2,000,000 in expenditures against the property during
the 4-year option term. Further, Minfocus has the right to increase its interest
to 85% by completing a feasibility study on the property within a 5-year period
following the initial option term.


Minfocus Exploration Corp. is a Canadian company currently focused on the
continued growth of a portfolio of Platinum Group Element ("PGE") rich resource
assets through exploration, acquisitions and joint ventures in Northwest
Ontario, Canada which is one of the most stable mining districts in the world
with global class PGE deposits. Minfocus has a Management Group that is
distinguished with a record of multiple discoveries of deposits worldwide, and
more than 15 years experience and success exploring for PGE-rich resources in
Ontario, including the discovery of the first Platinum-rich PGE deposit, which
is the Magma Metals' Current Lake deposit (+700,000 oz Pt-Eq as stated on
Magma's website - www.magmametals.com.au). Minfocus Management Group also has
extensive strength and success in corporate development, M&A and project
development, which together with its technical prowess is aimed at delivering
growth in shareholder value through a balanced strategic approach.


The Qualified Person who has reviewed the technical content contained in this
release is Dr. Gerald Harper, P.Geo.(Ont).


Statements in this press release regarding Minfocus's business which are not
historical facts are "forward-looking statements" that involve risks and
uncertainties. Since forward-looking statements address future events and
conditions, by their very nature, they involve inherent risks and uncertainties.
Actual results in each case could differ materially from those currently
anticipated in such statements.

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