Eaglecrest Explorations Ltd.

Eaglecrest Explorations Ltd.

October 31, 2007 16:34 ET

Eaglecrest Announces Appointment of Vice President Exploration

Also Announces New Member to Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - Eaglecrest Explorations Ltd. ("Eaglecrest"; the "Company") (TSX VENTURE:EEL)(FRANKFURT:EAT) today announced it has appointed Walter Lienhard as Vice President, Exploration. The Company also announced that Dr. Thomas ("Tom") Henricksen will join Eaglecrest's Board of Directors.

"We are extremely pleased to have Walter in an expanded role with the Company and to welcome Tom to Eaglecrest," said Hans Rasmussen, President and Chief Operating Officer. "Both Walter and Tom possess unique skills which we look forward to leveraging as we advance the San Simon project."

Mr. Lienhard joined Eaglecrest in May 2007 as project manager for the Company's San Simon project in Bolivia and general manager of the Company's Bolivian subsidiary. As Vice President, Exploration, Mr. Lienhard will manage all aspects of the business in the Santa Cruz, Bolivia office and oversee all exploration activities on the San Simon project as the Company continues to build and focus its geologic team.

In addition to working with Bear Creek Mining Company and Kennecott Exploration for more than 15 years, Mr. Lienhard has over 10 years of experience in all phases of exploration in Latin America, including project and country management with Kennecott and junior exploration companies. He received a B.Sc. in Geology from the University of Arizona in 1976.

Dr. Henricksen brings substantial experience from his 35 years in the mineral exploration business, including over 20 years with Bear Creek Mining Company, Kennecott Exploration and Rio Tinto Exploration. During the past 10 years he has been a consultant geologist in South America, holding various positions with Rio Tinto Exploration in Peru and Bolivia and Norsemont Mining in Peru. He is currently consulting for Apoquindo Minerals in Peru and Chile. Dr. Henricksen received his B.Sc. in Geology from the University of Wisconsin-Oshkosh in 1969, and his PhD in Economic Geology from Oregon State University in 1974.

Dr. Henricksen has been involved with multiple discoveries and will lend his resource discovery and development skills to Eaglecrest. Additionally, Dr. Henricksen has already been to the San Simon project in 2002 when he was asked to write a technical report about a specific prospect area called San Francisco.

"With the experiences of Dr. Henricksen and our current director, Dr. Odin Christensen, we will have a strong technical advisory board moving the company forward toward the delineation of gold resources in the Trinidad area while also demonstrating blue sky exploration potential in the San Simon District," said Mr. Rasmussen.

About Eaglecrest

Eaglecrest Explorations Ltd. is conducting an advanced exploration project on its San Simon gold property, which is situated in the Precambrian Amazon Basin shield. The Company controls mineral rights that cover nearly 300 square kilometres on the San Simon Plateau in northeast Bolivia. Eaglecrest's mandate is to increase shareholder value by employing strong technical expertise both at the Board level and on the ground to systematically explore and develop the San Simon gold project.

On behalf of the Board of Directors,

Hans Rasmussen, President, Eaglecrest Exploration Ltd.

Additional information on the company's project is available on our website at www.eaglecrestexplorations.com; the SEDAR website (securities related information electronic filed with the Canadian securities regulatory authorities) www.sedar.com.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This press release concerns certain "forward-looking statements," including but not limited to, the statements regarding the Company's strategic plan, work programs and exploration budgets at the Company's San Simon Project. The forward-looking statements express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with industry risks, risks associated with foreign operations, environmental risks and hazards and other risks.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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