BALABAG PROJECT UPDATE

07/18/2008



TVI Pacific receives Balabag Scoping Study

Scoping Study Recommends Undertaking Comprehensive Exploration and Full Feasibility Work Program to Enable a Development Decision in Respect of the Balabag Project

(Above) Aerial shot of Balabag Ridge, in the center of photo. (Below) A TVIRD geologist inspects an exposed vein in a trench in Miswi, Balabag.

TVI Pacific Inc., an affiliate of TVI Resource Development Philippines, Inc., announced today that it has received a comprehensive scoping study (prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects) respecting the Balabag epithermal gold project, which is located near the municipalities of Bayog, Zamboanga Del Sur, and Diplahan, Zamboanga Sibugay, Philippines. A copy of the study will be filed within 45 days of this News Release with certain securities regulatory authorities in Canada and will be available on the SEDAR website at www.sedar.com The study, entitled Scoping Study of the Balabag Project, was prepared by Genivar Limited Partnership of Montreal, Quebec, Canada (“Genivar”).

To view full news release, click this: Balabag Scoping Study