TVI Infill Drilling at Balabag Produces Further Positive Result
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Most Recent Drilling Yields Values Including:
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20.65 m averaging 2.53 gpt Au and 117.12 gpt Ag
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19.85 m averaging 1.01 gpt Au and 169.80 gpt Ag
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23.85 m averaging 2.82 gpt Au and 170.98 gpt Ag
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30.15 m averaging 1.73 gpt Au and 244.51 gpt Ag
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11.75 m averaging 3.35 gpt Au and 168.66 gpt Ag
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Project Scoping Study Underway
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Completion Anticipated in the Second Half of 2007
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TVI Pacific Inc. (TSX: “TVI” or the “Company”) announced today that its Philippine affiliate, TVI Resource Development (Phils.) Inc. (“TVIRD”), has received further positive assay results from the ongoing exploration infill drilling program on the Tinago-Miswi-Lalab vein system at its Balabag Property. The Balabag Property is located on the Zamboanga Peninsula in the Southern Philippines approximately 75 km east-northeast of TVIRD’s producing Canatuan Mine. The current drill program is designed to provide further delineation of the local epithermal gold vein system and to determine the consistency and continuity of reported mineral values. A preliminary scoping study to assess the Tinago-Miswi-Lalab mineralized zone is underway and is expected to be completed in the second half of 2007.
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