Eaglecrest Explorations Ltd.

Eaglecrest Explorations Ltd.

November 27, 2007 09:45 ET

Eaglecrest Increases San Simon Land Holdings

Additional 1,100 hectares optioned with surface gold showings

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 27, 2007) - Eaglecrest Explorations Ltd. ("Eaglecrest", the "Company") (TSX VENTURE:EEL)(FRANKFURT:EAT) today announced it has optioned an additional 1,100 hectares to add to the San Simon land package in northeast Bolivia. The new concession increases Eaglecrest's contiguous mineral title by 3.7%, to 31,100 hectares.

Previous work on the new property includes surface rock chip and soil sampling as well as geologic mapping. Soil samples were collected over a 10,000 hectare area at a spacing of 100 by 100 metres; analysis of these samples will be paid for by the company as part of the acquisition agreement. Prior rock chip samples were collected and returned from below detection gold to 9.6 grams per tonne gold. Additional rock chip samples remain to be analyzed by the Company as part of the new agreement.

"With great surface gold showings on the new property, this acquisition speaks to the confidence we have in the San Simon project," said Hans Rasmussen, President and Chief Operating Officer. "It is also the last available concession in the San Simon area that has 100% mineral title."

Mineral rights on the ground that are not covered by "active concessions", as defined by the President's Decree 29117 on May 1, 2007, are now held by the federal government (see Eaglecrest's May 3, 2007 News Release for more details).

About Eaglecrest

Eaglecrest Explorations Ltd. is conducting an advanced exploration project on its San Simon gold property in Bolivia. Eaglecrest controls mineral rights that cover nearly 300 square kilometres on the San Simon Plateau, situated in the Precambrian Amazon Basin shield 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 San Simon. Additional information is available at the Company's website, at www.eaglecrestexplorations.com and at www.sedar.com.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This news 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 news 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.

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