March 26, 2004

News Release: Exchange Approval to Trade on the Berlin Stock Exchange

Volcanic Metals Exploration Inc. (the 'Corporation') is pleased to announce that it has received regulatory approval to list its securities on the Berlin Stock Exchange (http://www.berlinerboerse.de/).

The Volcanic Metals Exploration ISIN number is CA9286401018. The company is currently in discussions with a number of interested investment dealers to assist in market presentations on behalf of the company.

'This opportunity is most fortunately coincident with a recent trip to Europe where the company was introduced to approximately 80 European investors and institutions. This will, over time continue to give the company overseas exposure as we advance the company with VMS (Volcanogenic massive sulfides) opportunities in the mining exploration sector,'said David Mason, C.E.O. Volcanic Metals Exploration Ltd. is a Toronto based mineral exploration company operating in Newfoundland and Quebec.

CONTACT: TEL: (888) 442-8436 J. David Mason, CEO

FAX: (416) 777-2008

Website: www.vmexplore.com

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