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Finlay Minerals Ltd. press release

Finlay Minerals Ltd. - Phase II Drill Program Commences On Silver Ridge and Atlas East Zones

TSXV - TSX Venture Exchange · Copper · Gold · Silver · Molybdenum · Zinc · Canada

Atlas East Zone Yields Bonanza Grade Gold-Silver Mineralization

VANCOUVER, Sept. 8 /CNW/ - The Board of Directors of Finlay Minerals Ltd. ("The Company") is pleased to announce that a helicopter supported drill rig has been mobilized to the Pil North property situated in the Toodoggone camp of northern British Columbia. This phase of the 2005 program is focused on drill testing the Silver Ridge and Atlas East Zones. The objective on Silver Ridge is to follow-up on the 2004 discovery of structurally controlled high-grade silver (2.4 metres grading 1,235g/t silver). Drilling will attempt to determine the width and potential orientation of this zone. The Atlas East Zone continues to emerge as an exciting new epithermal gold-silver discovery. Rock and soil sampling indicates gold and silver mineralization spanning an area more than 500 metres east-west by 200 metres north-south. Recent bedrock sampling within the anomalous area returned a 0.3 meter wide chip sample grading 34.8g/t gold and 482g/t silver clearly indicating the bonanza-grade potential of the Atlas East Zone. Drilling of this latest discovery will be one of several high priority targets. A map showing the Atlas East zone and proposed drill holes is posted on the Company web-site. Warner Gruenwald, P.Geo is the Qualified Person, as defined by National Instrument 43-101, and responsible for the preparation of the technical information in this release. Sample analysis is being conducted by Assayers Canada of Vancouver, B.C.

Finlay Minerals Ltd. trades under the symbol "FYL" on the TSX Venture Exchange. For further information and details, please visit the Company website at www.finlayminerals.com.

On behalf of the Board of Directors,

"Robert Brown" Robert Brown, P. Eng., President

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

Earlier from Finlay Minerals Ltd.