High-Grade Satellite Deposit Delineated

VANCOUVER, BC - Minefinders Corporation Ltd.  reported results from recent drilling of the Dolores East Dike satellite target, located approximately 200 meters from the eastern edge of the Dolores open pit mine. Highlights of the drilling results include:
¥ Confirmation of a significant new high-grade gold and silver deposit adjacent to the current reserve at the Dolores Mine.
¥ High-grade intercepts include 41.2 meters containing 4.07 grams per tonne ("gpt") gold and 148.1 gpt silver or 6.57 gpt gold-equivalent and 83.8 meters containing 2.01 gpt gold with 76.4 gpt silver or 3.29 gpt gold-equivalent.
¥ 10 individual intervals exceed the 10 gpt gold-equivalent(1) threshold with assay values that ranged up to 73.64 gpt gold and 723.7 gpt silver over 1.52 meters.
¥ The new data, in combination with results from previous drilling, will be used to estimate the new Dolores East Dike resource and evaluate conversion of this resource into additional reserves.
Drilling in late 2007 was directed towards delineation of the Dolores East Dike satellite deposit with the addition of 20 infill holes along the 350 meter strike length of this northwest-trending mineralized zone. This drilling, in combination with the 11 previously drilled holes, provides the density of drill data necessary to model and estimate a new resource for potential inclusion in the Dolores Mine reserves and economics.
The company's address is 2288-1177 W Hastings St., Vancouver, BC V6E 2K3, (604) 687-6263, fax: (604) 687-6267.