Donner Metals Ltd. TSX VENTURE: DON FRANKFURT: D4M

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2008) - Mr. David Patterson, Chairman of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M), is proud to report that the Mines and Money London 2008 conference has awarded the Mining Journal Outstanding Achievement Award to the Donner Metals and Xstrata Zinc Canada exploration team.

The award was presented today at the Sixth Annual Mines and Money London conference by the publishers of Mining Journal, Mining Communications Ltd., in recognition of its exemplary exploration success at Matagami - notably the identification and development of the Bracemac-McLeod zinc-copper volcanogenic massive sulphide zones. For more information on the award, see the Mines and Money website (www.minesandmoney.com).

Donner would like to thank Mining Communications Ltd. for its recognition and SIDEX for its nomination. Donner would also like to thank the Xstrata Zinc Matagami team members for their hard work and dedication to the Matagami Project.

The Company also reports that it is undertaking a private placement in the amount of $786,000. The funds will be raised by the Company issuing a total of 4,912,500 flow-through units at a price of $0.16 per unit for gross proceeds of $786,000. Each flow-through unit will be comprised of one flow-through common share and one-half of one common share purchase warrant (the "Warrant"). Each whole share purchase Warrant entitles the holder to acquire one additional non flow-through common share of the Company for a period of two years, at a price of $0.20.

The funds raised by way of the private placement will be used for exploration of the Matagami Project, located in Quebec, which is subject to the Option and Joint Venture Agreement with Xstrata Canada Corporation - Xstrata Zinc Canada Division (Xstrata Zinc). Fees and commissions will be payable in connection with the private placement. The private placement is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DONNER METALS LTD.

David Patterson, Chairman

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.