Sulphide Project Update

10/17/2008



TVIRD provides update on construction activities for Canatuan Sulphide Project

TVI Resource Development (Phils.) Inc. (TVIRD) reports that activities continue
in relation to the construction of the copper-zinc flotation plant, which
is designed to process ore from the lower, sulphide portion of the volcanogenic
massive sulphide deposit located at Canatuan in Siocon, Zamboanga del Norte.
The sulphide portion of the ore body underlies the oxidized, gossan zone,
which has now successfully been mined at the Canatuan site.

Installation
of rougher cells and drive mechanisms.

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