Vancouver, B.C. and Lima, Peru, April 7, 2008. Panoro Minerals Ltd. (the Company) would like to inform that it has received registration of a change of name for the company that it acquired from CVRD (Vale) and Antofagasta in June 2007.

100% of the outstanding shares of the company and its 100% owned thirteen projects were acquired as Cordillera de Las Minas S.A. This company has been renamed Panoro Apurimac S.A. to better reflect its affiliation with Panoro Minerals Ltd. when dealing with the communities that are affected by the work of the Company's projects and in dealing with the authorities as well as Peruvian share holders and investors. Apurimac is the general region in which all of the projects of Panoro Apurimac occur.

The reader is referred to the Company's news release of March 5, 2007 available on the Company's web site where there is also a summary description of the projects and properties comprising the acquired portfolio. For further developments the reader is also referred to subsequent News Releases, all of which are available on the Company's website.

On behalf of the Board of
Panoro Minerals Ltd.
Helmut H. Wober, P. Eng.,
President and Director

ABOUT PANORO

Panoro Minerals Ltd. is a Canadian mineral exploration company trading on the TSX Venture Exchange (PML) and on the Frankfurt Stock Exchange (PZM, WKN 914959) and on the Junior Board of the Lima Exchange. Panoro's strategic focus is on exploring for large-potential gold and copper/gold deposits in countries with the corresponding geological potential and where the right political and economic conditions are present. For investor inquiries please call 604-684 4246, or send an e-mail to info@panoro.com or visit the company's website at www.panoro.com. This release was prepared by management of the Company who takes full responsibility for its contents.

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