PAU

PAPUAN PRECIOUS METALS CORP. (TSX VENTURE:PAU)(OTCQX:PAUFF) (the "Company") is
currently reviewing a number of agricultural projects as it seeks to diversify
its prospects due to the current state of the mineral resource sector. The
Company is of the opinion that in order to enhance shareholder value, it must
look at opportunities within and outside the mineral resource sector and will
also consider a reorganization of the Company's current listing and share
structure.


ON BEHALF OF THE BOARD 

Dev Randhawa, Chairman and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Papuan Precious Metals Corp.
Greg Downey
1.866.979.7022
info@ppmpng.com
www.ppmpng.com

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