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Polaris Announces Third Quarter Conference Call

November 3, 2006

VANCOUVER, British Columbia - Polaris Minerals Corporation (TSX:PLS) will release third quarter results for the period ended September 30, 2006, before the market opens on Thursday, November 9, 2006, and host a conference call at 10:00 am PT on the same day. Investors and other interested parties may access the teleconference live by calling (800) 814-3911 in North America or (416) 644-3423 internationally.

A live webcast of the conference call will be available through the link below:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1619860

The webcast will be archived for 90 days following the call.

The conference call will be recorded and available for replay at 1 pm PT and will be available until November 23, 2006. In North America dial (877) 289-8525, and for international calls, dial (416) 640-1917. The access code to hear the recording is 21206064#.

New Orca Quarry animation is available at http://www.polarmin.com/orcasand/video.php. This five minute movie follows the movement of aggregates from the Orca Quarry to California, clearly demonstrating the low-cost transportation strategy. Additionally, images of the Orca construction are being updated regularly at http://www.polarmin.com/orcasand/photogallery.php.

Polaris Minerals Corporation is exclusively focused on the development of quarries and the production of construction aggregates in British Columbia for marine transport to urban markets on the west coast of North America to meet growing local supply deficits.

For further information, please contact:
Marco Romero, President and Chief Executive Officer or
Mike Westerlund, Director, Corporate Development
Polaris Minerals Corporation
Tel: (604) 915-5000
info@polarmin.com

Certain of the statements contained in this press release contain forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company does not expect to update any forward-looking statements as conditions change. Investors are referred to the discussion of the risk factors associated with the Company's business contained in the Company's Annual Information Form dated March 30, 2006 and filed with Canadian securities regulatory authorities and available on SEDAR.