Minfocus Exploration and Seine River First Nation Sign MOU and Announce Minfocus Plan for Winter Drill Program on Chief Peter...

Minfocus Exploration Corp. (TSX VENTURE:MFX) ("Minfocus") is pleased to announce
that it has signed a Memorandum of Understanding ("MOU") with Seine River First
Nation regarding exploration by Minfocus in the traditional territories of the
Seine River First Nation. The MOU develops the relationship between the two
parties and terms of reference for exploration activities by Minfocus, as well
as providing for both parties to cooperate in developing a more extensive Impact
Benefits Agreement in the event that Minfocus' exploration leads to more
advanced exploration.


"Signing this MOU demonstrates the commitment from both Minfocus and Seine River
First Nation to an ongoing process of mutual respect, ongoing dialogue and
regular interaction. We look forward to continue building on the very positive
beginnings in our relationship," said Gerald Harper, President and CEO of
Minfocus. 


Seine River First Nation Chief Earl Klyne added his comments saying, "Minfocus
has established respectful relations with Seine River First Nation, and we see
this continuing in the future." 


The Chief Peter Property, under option by Minfocus to earn a 100% interest, is
located in Northwest Ontario within the traditional territory of Lac des Mille
Lacs First Nation and Seine River First Nation. It is also very close to the
Provincial Highway between Thunder Bay and Atikokan and the parallel CN rail
line.


Minfocus also announces plans are for a program of diamond drilling this winter
on the Chief Peter Property to follow-up earlier results from sampling of
historic trenches.


In the summer of 2011 Minfocus undertook reconnaissance on the Chief Peter and
relocated historic pits and trenches some of which were re-sampled. That work
confirmed the historic records of the existence of copper and nickel
mineralisation with associated platinum and palladium. The copper, nickel and
PGE grades at surface ranged, respectively, from 0.08% to 0.67% Cu, 0.04% to
0.13% Ni and 0.12 to 2.14 g/t 3E (Pt+Pd+Au). 


The table below shows the detailed results of sampling by Minfocus taken
adjacent to historic sampling, where the results of the historic work could be
confirmed. All samples were collected from rock sawn channels in bare outcrops
with minimum length of 0.5 metres. 


Rock Channel Sample Assay Results for Proximal Minfocus and historic samples
(greater than 500ppm Cu)




----------------------------------------------------------------------------
                         Cu     Ni     Au     Pd     Pt                     
Trench #       Spl #      %      %  (ppm)  (ppm)  (ppm)    S %     3E  Pt:Pd
----------------------------------------------------------------------------
6             A20815   0.08   0.04  0.008  0.057  0.054   0.36  0.012   0.95
----------------------------------------------------------------------------
6           Historic   0.36   0.07  0.040  0.229  0.221         0.490   0.97
----------------------------------------------------------------------------
6             A20816   0.51   0.10  0.061  0.747  0.454   1.20  1.262   0.61
----------------------------------------------------------------------------
6           Historic   0.55   0.97  0.034  0.612  0.493         1.139   0.80
----------------------------------------------------------------------------
6             A20817   0.18   0.49  0.018  0.228  0.160   0.56  0.406   0.70
----------------------------------------------------------------------------
6           Historic   0.29   0.07  0.017  0.221  0.192         0.430   0.87
----------------------------------------------------------------------------
6             A20818   0.67   0.12  0.084  1.070  0.697   1.31  1.851   0.65
----------------------------------------------------------------------------
6           Historic   0.53  0.122  0.075  1.074  0.663         1.812   0.62
----------------------------------------------------------------------------
6             A20819   0.65   0.15  0.012  1.680  0.087   1.53  1.779   0.05
----------------------------------------------------------------------------
6           Historic   0.55   0.11  0.068  0.913  1.040         2.021   1.14
----------------------------------------------------------------------------
6             A20820   0.41   0.12  0.054  0.984  0.878   1.32  1.916   0.89
----------------------------------------------------------------------------
6           Historic   0.56   0.13  0.073  1.201  0.951         2.225   0.79
----------------------------------------------------------------------------
6             A20821   0.39   0.11  0.054  0.967  0.805   1.10  1.826   0.83
----------------------------------------------------------------------------
6           Historic   0.56   0.13  0.073  1.201  0.951         2.225   0.79
----------------------------------------------------------------------------
6             A20822   0.20   0.06  0.020  0.359  0.270  0.772  0.649   0.75
----------------------------------------------------------------------------
6           Historic   0.23   0.10  0.023  0.374  0.671         1.068   1.79
----------------------------------------------------------------------------
6             A20849   0.64   0.13  0.046  0.925  1.170   2.00  2.141   1.26
----------------------------------------------------------------------------
6           Historic   0.33   0.10  0.021  0.266  0.195         0.482   0.73
----------------------------------------------------------------------------



3E = Pt + Pd + Au assays (ppm)

The Chief Peter property is under option to Minfocus whereby the company may
earn 100% interest in the property upon making payments over a four year option
period to the Optionors totaling $140,000 cash and issuing 300,000 Minfocus
shares, plus completing $200,800 in exploration expenditures on the property,
which is composed of minimum work expenditures in each respective year of
$20,800, $45,000, $45,000 and $90,000. Upon earning its 100% interest in the
Chief Peter Property, the Optionors will be granted a 3% NSR, which may be
reduced to a 1% NSR by Minfocus making a payment of $500,000 for each 0.5% NSR
purchased back by Minfocus.


About Minfocus Exploration Corp.

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 distinguished management group
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, the Magma
Metals' Current Lake deposit (+700,000 oz Pt-Eq). The 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 and approved the technical content
contained in this release is Dr. Gerald Harper, P.Geo.(Ont).


This press release includes certain forward-looking statements concerning the
future performance of the Company's business and operations as well as
management's objectives, strategies, beliefs and intentions. Forward-looking
statements are often identifiable by the use of words such as "may", "will",
"might", "would", "plan", "believe", "expect", "anticipate", "intend",
"estimate", "scheduled", "forecasts" and similar expressions or variations
(including negative variations) of such words and phrases. Forward-looking
statements are based on the current opinions and expectations of management, and
are subject to a number of risks and uncertainties that may cause actual
results, performance or achievements of the Company to be materially different
from those currently anticipated by such statements. Factors that could cause
actual results or events to differ materially from current expectations include,
among other things, the possibility that future exploration results will not be
consistent with the Company's expectations, fluctuating commodity prices, delays
in commencing the Company's proposed drilling program, exploration costs varying
significantly from estimates, the availability of financing, and other risks
identified in the Company's documents filed with the Canadian securities
regulatory authorities at www.sedar.com. Any forward-looking statement speaks
only of the date on which it is made, and except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Minfocus Exploration Corp.
Gerald Harper
President & Chief Executive Officer
(416) 232-0025
Minfocus Exploration (TSXV:MFX)
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