Includes 35.0 meters grading 321.11 g/t Silver, 1.04 % Lead and 3.11% Zinc in Hole PUD-051

February 14, 2008, Toronto, Ontario - Apogee Minerals Ltd. (TSX Venture Exchange: APE) has received assays for an additional eight drill holes from its ongoing diamond drilling program at the Pulacayo-Paca Silver-Lead-Zinc project (Figure 1 & 2, Table 1). These intersections continue to expand the thick, high grade zone of silver, zinc and lead mineralization in the upper part of the Tajo Vein System of the Pulacayo Silver Deposit (see press release dated January 28 and January 8, 2008 for previous results). Highlights include hole PUD-051 which intersected 35.0 meters grading 321.11 g/t Silver, 1.04 % Lead and 3.11 % Zinc within a thick mineralized intersection of 96.0 meters grading 142.82 g/t Silver, 0.79 % Lead and 2.29 % Zinc. Drill Hole PUD-049 intersected 22.00 meters grading 180.36 g/t Silver, 0.86 % Lead and 4.74% Zinc also within a much thicker mineralized interval. See Table 1 below for a summary of results for the eight drill holes and Figure 2 for pierce point locations. These are the final results to report for drilling completed in late 2007. Drilling resumed on January 14 and an additional 4 drill holes (1,249 m) have been completed so far this year. Assays are pending for the 2008 drill holes.

There are significant concentrations of lead and zinc associated with the silver mineralization that could contribute to the potential economic value of a resource. The Tajo Vein System has historical underground production of over 600 million ounces of silver from narrow, high bonanza grade veins and current drilling is targeting the near surface stock-work and vein mineralization between 0-400 meters depth, associated with this major silver-zinc-lead system.

David Gower, P. Geo., Chief Executive Officer of Apogee, states “We are very excited by the results to date from the Pulacayo deposit drill program. We continue to intersect high silver grades with associated base metals over wide intervals. The program is designed for approximately 50 meters spacing between drill holes. With this spacing, each drill hole with good results will make a significant contribution to the resource estimate to be completed at the end of the drill program. As a result of these very encouraging drill results, the Company is evaluating options to expand and accelerate the drill campaign.”