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Re: News Release - Thursday, April 24, 2008
War Eagle Completes Successful First Phase Investigation Into The
Recovery Of Germanium And Gallium From Coal Flyash In Spain
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Vancouver, British Columbia War Eagle Mining Company Inc. (TSX Venture
Exchange -- WAR) War Eagle Mining Company Inc. (WAR:TSX.V) today
announces that it has successfully completed Phase 1 of a two-phase
investigation into the recovery of germanium (Ge) and gallium (Ga) from
flyash generated at the ELCOGAS S.A.Puertollano power plant in Spain.

Phase 1 consisted of a structured programme of analytical and
laboratory processing test work carried out on selected samples of
flyash by three of Spain's leading research organisations who have
experience in various aspects of research on Germanium in flyash and
have a combined expertise equal to any in the world:

AICIA (Andalussian Association for Research and Industrial Cooperation)
through the Chemical and Environmental Engineering Department of the
University of Seville, CSIC/IJA (Institute of Earth Sciences 'Jaume
Almera', Spanish Research Council) which is a large research
organisation based on the campus of Barcelona University, and the
University of Barcelona, Department of Materials Science and
Metallurgical Engineering.

Phase 1 concentrated on leaching mechanisms and the results are
impressive. A weak acid solution recovered up to 83% of the germanium
from flyash samples over a two hour leach period. At current germanium
prices the average value of this metal in solution would be around
US$275 per tonne flyash. A weak alkaline solution recovered rather
less germanium, but up to 76% of gallium over a six hour leach period
and the average value of the metal in solution was well over US$300 per
tonne flyash. Phase 1 has shown conclusively that germanium and
gallium can be recovered from the flyash and that a feasibility study
is fully warranted.

Phase 2 will be a feasibility study covering the whole process of metal
leaching and recovery, and on a larger scale than previously. It will
include a programme of pilot plant test work, to be carried out at the
Chemical and Environmental Engineering Department of the University of
Seville, designed to optimise the metal recovery methods, provide a
flow sheet for a full-scale processing plant and firm up the economic
estimates. It will also establish whether the leached fly ash will be
suitable for use in the construction industry. Phase 2 is scheduled to
take 3 months.

The ELCOGAS operation at Puertollano is a coal gasification thermal
power plant that was supported by the European Union to facilitate
clean energy production from coal and is the largest single train IGCC
plant in the world. It currently produces some 12,000 tonnes of fly
ash per year and the output could increase to 15,000 tonnes.

ELCOGAS holds an international patent on the recovery of metals from
the fly ash and will grant War Eagle permission to use part or all of
their patented procedures for recovering germanium and gallium.
Following success in Phase 2, War Eagle will provide ELCOGAS with a
detailed technical and economic proposal for a processing plant to be
built on ELCOGAS property and intends to form a long-term agreement
with ELCOGAS for the supply of fly ash.

Germanium and gallium are exciting speciality metals used in modern
industrial products such as infrared night vision systems, LED
(light-emitting diode) lights, fibre optics and the semiconductors and
PET for plastic bottles as well as Argentum silver. Germanium is
obtained primarily as a by-product of zinc smelting and gallium as a
by-product of bauxite treatment.

Flyash is potentially a very large resource of germanium, gallium and
other metallic elements. It is generated in coal-fired power stations
at the rate of over 100 million tonnes per year, of which around 40%
is used in the construction industry and the rest dumped. Dumped
flyash, including that pre-dating environmental concerns, exists in
many parts of the world and probably totals several hundred million
tonnes. Given success at Puertollano, it is War Eagle's intention to
apply this expertise to other flyash deposits world-wide.

War Eagle Mining Company Inc.

War Eagle Mining Company Inc. is an experienced mineral exploration
company publicly traded since 1987 and is listed on the TSX Venture
Exchange under the symbol WAR. The company is in the exploration and
development phase of the Tres Marias Germanium and Zinc Mine in Mexico.
The Tres Marias is a former producing high-grade germanium and zinc
mine that first produced ore in 1949.

The Project is under the direction of Mr. Terence Schorn, P. Geo., the
qualified person pursuant to the National Instrument 43-101.


For further information
www.wareaglemining.com or contact
info@wareaglemining.com

Bob Faris, V.P. Corporate Development
at 1-800-877-1626 or 604-606-7973

bob@wareaglemining.com

Media Relations
Nancy Tamosaitis Vorticom Public Relations
212.532.2208

nancyt@vorticom.com

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

This disclosure contains certain forward-looking statements that
involve substantial known and unknown risks and uncertainties, certain
of which are beyond the Company's control including: the impact of
general economic conditions in the areas in which the Company operates,
industry conditions, changes in laws and regulations including the
adoption of new environmental laws and regulations and changes in how
they are interpreted and enforced, increased competition, the lack of
availability of qualified personnel or management, fluctuations in
commodity prices, foreign exchange or interest rates, stock market
volatility and obtaining required approvals of regulatory authorities.

In addition there are risks and uncertainties associated with mining
operations, therefore the Company's actual results, performance or
achievements could differ materially from those expressed in or implied
by these forward-looking statements. There can be no assurance that
any future events will transpire, or occur, or if any of them do so,
what benefits, including the amounts of proceeds, the Company will
derive therefrom. All statements included in this press release that
address activities, events or developments that the Company expects,
believes or anticipates will or may occur in the future are
forward-looking statements. These statements are based on assumptions
made by the company based on its experience and perception of
historical trends, current conditions, expected future developments and
other factors it believes are appropriate in the circumstances.

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Copyright (c) 2008 WAR EAGLE MINING COMPANY INC. (WAR) All rights
reserved. For more information visit our website at
http://www.wareaglemining.com/ or send
mailto:news@sweetwatercapital.net
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