Linear Metals Corporation (TSX: LRM) is pleased to announce assay results for the next ten diamond drill holes of a 4,000-metre Phase I drilling program, completed in October 2007, at its 100%-owned KM61 project. A total of 16 holes were completed in the Phase I program, the first five of which (K-07-14 to K-07-18) were previously reported in an October 1, 2007 press release, and all 15 diamond drill holes, for which results have been received, have returned significant molybdenum-copper-silver mineralization. Assay results are expected over the coming weeks for the final hole of the Phase I program, K-07-29, a deep hole completed to a depth of 761 metres. A 25,000 metre Phase II program commenced in December 2007 and two drills are currently active on the Project.

Highlights from the most recent results include:

�         Hole K-07-19: 153.5 metres of 0.051% molybdenum;

�         Hole K-07-25: 61.6 metres of 0.065% molybdenum;

�         Hole K-07-26: 200.7 metres of 0.050% molybdenum;

�         Hole K-07-27: 129.1 metres of 0.060% molybdenum (0.067% uncut) and 65.4 metres of 0.062% molybdenum;

�         Hole K-07-28: 46.1 metres of 0.100% (0.170% uncut) molybdenum.

The KM61 project is well located, approximately 60 kilometres east of Armstrong, Ontario, on an all-weather logging road, and only 12 kilometres by road from the main CN rail line. Linear has been active at KM61, since early May 2007, completing trenching, soil sampling, IP surveying, claim staking, and sampling of old drill core.  The Phase I drill program commenced in July 2007 and was designed to further delineate the extensive bulk tonnage molybdenum-copper-silver zones at KM61.

Disseminated and vein-type molybdenite-chalcopyrite mineralization at KM61 is hosted by two northeast-trending, quartz monzonite porphyry dyke swarms and their flanking mafic metavolcanics.  These porphyries and their wall rocks are extensively stock-worked with quartz and quartz-sulphide veins, and host disseminated chalcopyrite and molybdenite over a drill-indicated total width of up to 500 metres, and over a drill-indicated strike length in excess of 1,100 metres. At an arbitrary cut-off of 0.04% molybdenum, the mineralized zone is up to 350 metres wide, flanked by zones of lower grade mineralization (0.01 to 0.04% molybdenum), particularly along the north margin of the zone.

The deposit remains open along strike and at depth with many holes bottoming in mineralization and showing increasing molybdenum grade with depth.

Holes K-07-19 to K-07-23 were all drilled along the southern part of the Main Zone at various section spacing, whereas holes K-07-24 to K-07-28 were all drilled along the northern margin of the Main Zone, at a section spacing of 100 metres. Composite assay results for these ten holes are detailed in the table below. Please refer to Linear Metals’ website for prior drill results and drill hole location maps from the 2004, 2005, and 2007 programs.

Note 1: Intersections in the table above are based on core length. Average sample length is 1.5 metres.

Note 2: In all cases where 2 or more composites are shown for a hole, the gaps between the composites are filled by larger bodies of post-mineral dykes. Post-mineral dykes of less than 5.0 metres width are included in the composite calculations.

Note 3: K-07-26 is an exception to Note 2 above, where for simplification of the assay results summary table above, the composite interval has been calculated including 5 intervals of post-mineral dykes > 5 metres in width. See text for further explanation.

Note 4: Three 1.5 metre samples exceded 0.50% molybdenum and have been cut to 0.50%. These were a 1.1% sample in K-07-27 and 0.86% and 2.3% samples in K-07-28. Uncut molybdenum assays are 0.067% molybdenum over 129.1 metres from hole K-07-27 and 0.17% over 46.1 metres from hole K-07-28.

Main Zone – South Side

K-07-19 was drilled to a depth of 155 metres, from the same location as K-07-18, at an angle of -75�, and demonstrates the down dip continuity of mineralization at depth in this area.

Holes K-07-20 to K-07-22 were shallow holes (<100 metres), located within 25 metres of the collar of K-05-07. The holes were designed to test for strike continuity of the high grade mineralization previously reported in K-05-07. These holes intersected typical stock-work veining, cut by several post-mineral dykes, and seemingly representative of the mineralization at relatively shallow depths (i.e. slightly lower grade than at depth). No additional high grade mineralization was intersected. It appears that one to three metre intervals of high grade mineralization are relatively common at KM 61, but it is also apparent that the controls and geometry of this high grade mineralization need to be investigated further

K-07-23 intersected 9.5 metres of 0.102% molybdenum at the top of the hole followed by 200 metres of 0.010% to 0.035% molybdenum. This drop in molybdenum grade in relation to holes located on the same fence, to the southwest, suggests a possible northward fault-offset in this area. Further drill testing in this area, including the deepening of holes K-07-14, K-07-16 and K-07-18 which all bottomed in mineralization, is required to characterize the footwall contact of the Main Zone.

Main Zone – North Side

Holes K-07-24 to K-07-28 were all drilled to approximately 350 metre depths, at -50� dip, and all intersected significant widths of low grade (approximately 0.010% molybdenum) mineralization starting at surface before encountering the steeply north-dipping Main Zone at down-hole depths of 125 to 220 metres (please refer to cross-section posted on the website). All holes were stopped in mineralization within the Main Zone and may be deepened in the future to further investigate the zone below vertical depths of 200 to 250 metres.

Several of the holes warrant further description which is included below:

�         K-07-24 intersected a longer section of lower grade mineralization than expected, and appears to indicate a flexure in the trend of the north contact of the Main Zone. Further drilling will be required on 50 metre sections to fully delineate this feature.

�         K-07-26 intersected five large post-mineral dykes >5.0 metres in width within the composite quoted in the table above. For comparative purposes, assuming these dykes are large enough to be removed as waste in an open pit mining scenario, there is a cumulative total of 171.3 m @ 0.059% molybdenum, 0.07% copper, and 2.2 g/t silver within the overall 200.7 metre interval.

�         K-07-27 contains an assay of 1.1% molybdenum over 1.5 metres from 218.0 to 219.5 metres; if the sample is left uncut, the same interval would run 0.067% molybdenum over 129.1 metres.

�         K-07-28 contains the highest grade molybdenum assay returned to date from the property, of 2.300% molybdenum over 1.5 metres from 243.5 metres to 245 metres, preceded by another strong value of 0.860% molybdenum over 1.5 metres from 242 metres to 243.5 metres; if left uncut the corresponding composite value would be 0.170% molybdenum over 46.1 metres. It should be noted that K-07-28 was drilled at an angle of 30 degrees off-section, resulting in an exaggerated depth to the Main Zone.

New SW Zone

As reported on January 10th, 2008, trenching on a large IP anomaly, starting approximately 100 metres SW of the western end of the Main Zone, indicates that the IP anomaly is related to stockwork mineralization visually similar to that seen in trenches over the Main Zone. The new mineralized area has been termed the SW Zone and is currently being drill tested.

Additionally, all results of a soil sampling program have been received, and show a strong and large (2,600 metres x 400 metres), ENE-trending, elongate molybdenum in soil anomaly over the Main Zone and the eastern portion of the SW Zone, from approximately Line 4200E to Line 6800E. West of Line 4200E, the molybdenum in soil anomaly continues for another 600 metres, but is “deflected” to a WNW- trend, continues off the NW corner of the grid, and remains open. The cause of this deflection in the trend of the mineralization appears to be related to a fault offset, and is currently being investigated, but suggests the potential for additional mineralization on strike to the west. A series of moderate molybdenum in soil anomalies on the last line of the grid at its NE end (Line 7200E) suggests the potential for additional mineralization in that direction as well.

"Results from the Phase I program are extremely encouraging and the anticipated results from the Phase II 25,000 drill program, started in mid-December, will allow Linear to complete a 43-101 resource estimate before year end”, reports Robert Page, Vice President Exploration. “Drilling has shown mineralization to extend for at least 1,100 metres along strike with soil sampling and IP indicating the potential for this increasing to 2,000 metres or more for the combined Main and SW Zones. While our focus remains on these zones, the KM 61 property hosts unexplained lake sediment molybdenum anomalies that point to the potential for additional mineralized zones. Linear expects to begin a property-wide mapping, sampling, and geophysics program necessary to locate the source of these lake sediment anomalies this spring”

The technical information in this press release was prepared under the supervision of Matt Rees, P.Geo., Chief Geologist, a qualified person as defined by National Instrument 43-101. The historical KM61 drill results were obtained from Xstrata, who followed internal drill hole sampling protocols requiring insertion of blanks and standards. Assaying for Cu, Au, and Ag was completed by Accurassay in Thunder Bay, ON, and for Molybdenum by ALS Chemex in Vancouver, British Columbia.  Assaying of samples during the 2007 program is being performed by ALS Chemex in Vancouver, British Columbia. Linear has a detailed QAQC program in place involving the regular submittal of blanks, duplicates and external reference standards with the core samples.

For further details on Linear Metals Corporation and its KM61 project please visit the Company's website at www.linearmetals.com or contact investor relations at (416) 216-4708, or within North America at 1-866-376-7683.

Signed “Brian MacEachen”

Brian MacEachen, President

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

Forward-Looking Information:

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, continuity of mineralization, exploration drilling, exploit

tation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The likelihood of future mining at KM61 is subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including obtaining necessary mining and construction permits, completion of pre-feasibility and final feasibility studies, preparation of all necessary engineering for pits and processing facilities as well as receipt of significant additional financing to fund these objectives as well as funding mine construction. Such funding may not be available to the Company on acceptable terms or on any terms at all. There is no known ore at KM61 and there is no assurance that the mineralization at KM61 will ever be classified as ore. For more information on the Company and the risk factors inherent in its business, investors should review the Company's Annual Information Form at www.sedar.com.