Donner Project Review.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--May 30, 2002

Mr. Harvey Keats, President of Donner Minerals Ltd. (TSX Venture: DML ; Frankfurt Stock Exchange: DNL) provides the following update on the Company's nickel exploration projects. The Company's portfolio of nickel exploration projects will allow for year round exploration for world class nickel deposits.

South Voisey Bay Project

Work on the South Voisey Bay Project is scheduled to begin on June 15th with the opening of the camp. Line cutting will begin shortly thereafter, followed by surface UTEM in late June and diamond drilling in early July.

Diamond drilling in 12-20 shallow drill holes will target untested high quality conductors, located throughout the South Voisey Bay Project area. Initial drilling will focus on high conductance EM anomalies outlined by the 2001 UTEM survey, followed by drilling of high conductance targets interpreted from the reprocessed 1997/1998 DEEPEM data and resolved by the 2002 UTEM surveys.

Falconbridge Limited can earn a 50% interest in the entire South Voisey Bay Project by spending $23,000,000 on exploration over a five-year period.

Management of the Company is pleased to note that there have been numerous positive developments in the past two weeks for exploration and development in Labrador. Recent reporting indicates that there has been significant progress in the negotiations between Inco and the Government of Newfoundland and Labrador on the development of the Voisey's Bay deposits. Further evidence of this progress is the announcement that Inco's subsidiary, Voisey's Bay Nickel Company Ltd., has finalized Impact and Benefits Agreements with both the Innu Nation and the Labrador Inuit Association. There are also indications that the Canadian Federal Government is prepared to offer substantial financial assistance for the construction of an experimental hydrometallurgical processing plant in Newfoundland.

Labrador Regional Project

The Labrador Regional Project is a joint venture between Donner and Falconbridge Limited to explore for nickel-copper-cobalt deposits in Labrador outside of the Voisey's Bay and South Voisey Bay areas. Under the Labrador Regional Agreement, the partners have agreed to each spend a minimum of $200,000 per year, over a two-year period. Any properties acquired will form part of a Joint Venture in which both Donner and Falconbridge will have a 50% interest.

Donner and Falconbridge believe that areas of Labrador, other than Voisey's Bay and South Voisey Bay, have the potential to host Voisey's Bay like deposits. Many areas of Labrador were underexplored during the Voisey's Bay staking rush, when the details of the Voisey's Bay model were not available. The purpose of the Labrador Regional Agreement is to combine the ideas and expertise of Donner and Falconbridge to realize this potential.

A field program will be carried out this summer as part of the ongoing Labrador evaluation. The field program will be a combination of regional surveys and detailed target evaluation.

Stephens Lake Project

The Stephens Lake Project covers 2,578 square kilometers and 110 kilometers of strike length along the newly interpreted extension of the Thompson Nickel Belt, one of the most important nickel producing regions in the world. The interpreted extension is known as the Stephens Lake Belt. Donner has the option to earn a 50% participating joint venture interest in the Stephens Lake Project by incurring a total of $5 million of expenditures on exploration and related work on or before the end of December 31, 2006.

A 9,500 line kilometre airborne (GEOTEM) electromagnetic and magnetic survey has been completed. Final interpretation of the airborne survey is not complete, however numerous high conductance targets have been identified that require ground follow-up with surface magnetic and electromagnetic surveys, prior to precise drill target selection.

The identification of high conductance targets in the Stephens Lake area supports the interpretation that the Stephens Lake Belt could be the extension of the Thompson Nickel Belt.

ON BEHALF OF THE BOARD OF DONNER MINERALS LTD.

"Harvey Keats" President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

Donner Minerals Ltd. Suite 1360, 605 Robson Street, Vancouver, British Columbia Canada V6B 5J3 Telephone: [phone] Fax: [phone] or Toll Free: 1-800-909-8311 E-mail: [e-mail] or Web: http://www.donner-minerals.com