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Rodinia’s Partner Discovers New Mineralized zone at Mormon Lake


October 16, 2006

Vancouver, British Columbia …. Rodinia Minerals Inc. and Patriot Power (“Companies”) are pleased to announce that they have discovered a new mineralized zone on their Mormon Lake Uranium property, located in Gila County, Arizona, USA. In April 2006, the Companies successfully completed a 13 hole reverse circulation drill program that was designed to confirm the location of the historical showings and to test an undrilled radiometric anomaly.

Holes MLDH1-3 were drilled into a previously untested anomaly and returned:

ML-DH-1:        13 feet (0 to 13’) of     0.12% U
ML-DL-3:        6 feet (5 to 11’) of       0.09% U
ML-DL-3:        9 feet (14 to 23’) of     0.11% U

Sample intervals with both high radiometric and geochemical results were included in the weighted averages with the exception of one sample from ML-DH-3 that was determined not to be a contaminated value due to its location in the hole. The top 14 feet of ML-DH-2 contained anomalous spectrometer readings unfortunately only the lower part of the hole was sampled and the anomalous values obtained in this hole were interpreted as down hole contamination from the upper unit or surface. This hole will be redrilled in the coming program with all anomalous spectrometer intervals being assayed. Analytical work was conducted by International Plasma Labs Ltd. (“IPL”) of Richmond, BC, Canada. IPL is an ISO 9001:2000 certified company.

Management is encouraged with these results as they are consistent with the type of deposit being targeted at Mormon Lake. Phase 2 will focus on further delineating this newly discovered uranium enriched zone.

The remaining 10 holes were designed to confirm results obtained from historical drilling. Only slightly anomalous results were obtained in these holes. The discrepancy between these holes and historical values may be attributed to difficulty in locating 30-year old drill holes. A surveyed grid will be established over the entire property during this second phase of work and a spectrometer/radiometric survey will be conducted. From the results of this survey, the Companies hope to generate new drill targets and to confirm the locations of the historical showings.

Patriot Power, the project’s operator, has contracted Coast Mountain Geological Ltd. (“Coast”) of Vancouver, BC, Canada to conduct Phase 2 of the exploration program on the project. Coast will be applying to permit up to 35 drill locations for this upcoming program. These drill holes will step out from the successful spring program holes and in addition will drill test new targets obtained in the geophysical survey.

Rodinia Minerals anticipates that this current program will commence in early October 2006 with the drilling portion of the program to start once permit approvals have been obtained.

The Mormon Lake Property is located in central Arizona, approximately 130 kilometers northeast of Phoenix. Historical data on the property indicates that the first discovery of mineralization was made in 1956. Southern Union Production Company drilled 57 holes in the 1960s and Pan American Mines Ltd. drilled another 22 holes in the 1970s, which outlined a zone mineralization.

The uranium mineralization of the Mormon Lake Property is located within a flat dipping (<10 degrees) limestone pebble conglomerate that contains a high percentage of carbonaceous material that acts as a reducing agent, which traps uranium. Mineralization outlined by previous operators occurs within 200 feet of surface and uraninite (sometimes referred to as Pitchblende) is the only uranium bearing mineral noted to date.

This news release and the available supporting data have been reviewed by John Harrop, P.Geo, a qualified person under NI43-101.

Under the terms of Rodinia’s agreement with Patriot, Rodinia shall earn a 40% interest once Patriot has expended a total of $3.5 million over 4 years.

ON BEHALF OF THE BOARD            

Rodinia Minerals Inc.

(sgd.) “Donald Morrison”, President                          

For further information contact:

Don Mosher, Director
(604) 685-6465

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.  In addition, this release is not for distribution to U. S. newswire services or for dissemination in the United States.