Lysander Minerals Corporation - News Releases - Amarc Drill Program Commences At Pinchi

	Thu Sep 24, 2009 Amarc Drill Program Commences At Pinchi
	Vancouver, Canada - Lysander Minerals Corporation (TSXV: LYM) (the "Company" or "Lysander") is pleased to announce that Amarc Resources Ltd. (TSXV: AHR)("Amarc") has commenced exploration of the Company's Pinchi copper-gold property in north-central BC. It is expected the 2009 program will include an initial limited drill program to commence investigation of one of the targets on the property. Amarc is managed by the Hunter Dickinson group of companies. Under the terms of an option agreement with the Company, Amarc has the right to earn a 60% interest in the Pinchi property by expending $151,000 on exploration before November 30, 2009 and an additional $3 million over the ensuing three calendar years. Amarc can earn a further 15% interest by spending an additional $4 million on exploration over the subsequent two calendar years. Upon the earlier of Amarc exercising its second option to earn a total 75% interest or electing to remain at a 60% interest, the two parties will enter into a joint venture agreement to further develop the property. The Pinchi property is situated within the Quesnel Trough, a geological trend that hosts numerous porphyry gold-copper deposits. It lies along the same structural corridor as the Kwanika porphyry copper-gold deposit, for which indicated resources of 75 million tonnes at 0.41% copper and 0.42 g/t gold at a 0.40% copper cut-off have been reported by Serengeti Resources Inc., and the Lorraine porphyry copper-gold-silver deposit. Amarc's 2009 drill program on Pinchi will test strong, extensive and coincident, aeromagnetic and induced polarization (IP) geophysical anomalies underlying a region covered by glacial gravels with no rock outcrop. On behalf of the Board, Bryce M.A. Porter President and CEO About Lysander Since the spin-out of its Lorraine-Jajay copper-gold project to Lorraine Copper Corp. (TSX-V: LLC) in April 2008, Lysander's declared strategy is to seek advanced resource projects with potential for exceptional returns, without geographical limitations. It has focused on energy, commencing with options to acquire the Verticalnaya anthracite coal project in the Donbass Coal Basin of Ukraine. In September 2008, a NI 43-101 technical report on the Verticalnaya mine was prepared on behalf of Lysander and is available on SEDAR (www.sedar.com) and the Company's website. A technical report on a possible satellite operation north of Verticalnaya mine is currently in preparation. The Verticalnaya coal mine is situated in the Lugansk region of Ukraine. The mine previously produced anthracite, a high quality, premium priced coal. It is on care and maintenance after a period of low production following the break-down of the Soviet Union. The Company continues to hold the Pinchi property and the Osilinka/CAT copper-gold prospect in British Columbia. Exploration of each is being conducted under farm-out option agreements. Please visit our website at www.lysanderminerals.com for further information. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

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