BALABAG EXPLORATION UPDATE:

08/09/2007



TVI Files NI 43-101 Technical Report on The Balabag Resource Estimate

TVI Pacific Inc. (TSX: “TVI” or the “Company”) announced
today that it has filed a National Instrument 43-101 (“NI 43-101″)
technical report on SEDAR (www.sedar.com) regarding the mineral resource estimate
of select zones (the Tinago-Miswi-Lalab vein system) within its Balabag prospect.
The Balabag Property is located on the Zamboanga Peninsula in the Southern Philippines
approximately 75 km east-northeast of the producing Canatuan Mine, operated by
TVI’s Philippine affiliate TVI Resource Development (Phils.) Inc. (“TVIRD”).
This news release should be read in conjunction with the release issued on June
27, 2007, “TVI Provides Initial Balabag Prospect Resource Estimates”.