TVI Infill Drilling Results at Balabag Continue to be Positive

  • Most Recent Drilling Yields Values Including:
    • 5.80 m averaging 2.85 gpt Au and 67.18 gpt Ag
    • 7.00 m averaging 1.16 gpt Au and 104.41 gpt Ag
    • 11.37 m averaging 0.95 gpt Au and 47.40 gpt Ag
    • 12.60 m averaging 2.79 gpt Au and 101.92 gpt Ag
    • 11.30 m averaging 1.63 gpt Au and 58.30 gpt Ag
  • Resource Estimate Nearly Complete; NI 43-101 Technical Report in Preparation
  • Project Scoping Study Completion Anticipated in the Second Half of 2007

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 Southern Philippines approximately 75 km east-northeast of TVIRD’s producing Canatuan Mine. The current drill program was designed to provide further delineation of the local epithermal gold vein system and to determine the consistency and continuity of reported mineral values.

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