This press release has been issued within the last hour.

It presents the results of a Preliminary Economic Assessment of Stratabounds Bathurst properties.

See attachment for full release.
Stan Stricker, P.Geol. President Stratabound Minerals Corp. 403-258-3630
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N E W S R E L E A S E
SB: TSX Venture Exchange Issued: 65,145,111 shares
Stratabound announces results of Preliminary Economic Assessment for Bathurst properties
* Robust economics indicated for Captain North Extension deposit * Additional drilling recommended for Captain and Taylor Brook deposits Calgary, October 20, 2011 - Stratabound Minerals Corp.

is pleased to announce the results of an independent, National Instrument 43-101 compliant Preliminary Economic Assessment (PEA) of its 100%-owned base metal properties near Bathurst, New Brunswick.

The PEA was done by Tetra Tech WEI Inc.

(formerly Wardrop Engineering) of Toronto, Ontario in order to determine baseline economics of the properties.
In summary, the Captain North Extension (CNE) zinc-lead-silver deposit shows robust economics as a potential open pit custom-milling operation, with an Internal Rate of Return of 292%.

The Captain (copper-gold) and Taylor Brook (zinc-lead-silver) deposits are reported to be non-economic at this time, with additional drilling programs recommended.
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