PAUFF Shine Minerals Corporation (CE)

PAPUAN PRECIOUS METALS CORPORATION (the "Company" or "PPM") (TSX VENTURE: PAU)(OTCQX: PAUFF) is pleased to announce the appointment of Mr. Bernard Kavanamur as Vice President, Exploration. Mr. Kavanamur has a BSc degree in Geology (1990) from the University of Papua New Guinea and a MSc degree in Geology from Japan's Kagoshima University (2005). More recently, he was General Manager Exploration for the Morobe Mining Joint Ventures (a partnership between Harmony Gold and Newcrest Mining). During his tenure there, he was a member of the exploration team responsible for increasing the resource at the Wafi-Golpu deposit in Morobe Province to 16 million ounces gold, 4.8 million tonnes copper. With a career spanning 20 years, Mr Kavanamur brings to the Company extensive knowledge of Papua New Guinea gold-copper porphyry deposits.

David Lindley, PPM's President & COO commented, "I look forward to working closely with Mr. Kavanamur, whose vast experience in exploration and resource development in Papua New Guinea will be a tremendous asset to PPM going forward."

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

ON BEHALF OF THE BOARD

David Lindley, COO and President

Contacts: Papuan Precious Metals Corp. Greg Downey 1.866.979.7022 info@ppmpng.com