SOURCE: Enterayon, Inc.

September 21, 2006 07:30 ET

Enterayon Signs Letter of Intent to Acquire Erie Arlington Mines

SKIPPACK, PA -- (MARKET WIRE) -- September 21, 2006 -- Enterayon, Inc. (PINKSHEETS: ETYN) announced today that it has signed a letter of intent to acquire the Erie Arlington Mines property near Salmo, British Columbia, Canada.

The Erie Arlington Mines property consists of 20 Crown Grant claims covering 271 hectares (670 acres). The Arlington mine was in production from 1900 to 1913 and again from 1932 to 1970. The total amount of ore mined during these years was 69,823 tonnes, from which 1,700,339 grams (24.35 g/t) of gold and 4,334,578 grams (62 g/t) of silver were recovered. In addition, a 1982 report estimates that there are currently about 113,000 tonnes of dump material from which samples assayed between 3 and 53.5 grams of gold per tonne (Northern Miner, October 28, 1982, page 6).

Also included on the property is the Canadian King mine. The Canadian King mine operated intermittently from 1900 to 1912 and produced 440 tonnes of ore, with total recovery reported to be 37,976 grams (86.3 g/t) of gold, and 80,526 grams (183 g/t) of silver.

Additional information about the Erie Arlington property will be made available when the acquisition is completed.

About Enterayon, Inc.

Enterayon, Inc. engages in the exploration, acquisition, development, and mining of precious metal and other mineral properties. By combining state-of-the-art technology with traditional acquisition targeting, the company's mission is to build a portfolio of viable mining prospects throughout the world and developing them to their full economic potential. Enterayon's wholly owned subsidiary, North Bay Resources, Inc., is a pure gold company whose mission is to generate 100% of its revenue from sales of gold.

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Enterayon, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Enterayon, Inc. or any other person that the objective and plans of Enterayon, Inc. will be achieved.

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