SOURCE: HE-5 Resources, Corp.

October 16, 2007 10:34 ET

HE-5 Resources, Corp. Announces Selection of Gekko Systems Processing Technology to Allow Timely Commencement of Gold and Silver Extraction Operations on Overman Property

Management Intends to Capitalize on Current Price of Gold to Generate Revenues of $15 to $20 Million Based on Geologic Results From Phase I of Drilling Program

NEW YORK, NY--(Marketwire - October 16, 2007) - HE-5 Resources, Corp. (PINKSHEETS: HRRN) today announced that it has selected Gekko Systems processing technology in order to allow timely commencement of gold and silver extraction on the Overman Property. Management is focused on starting production on the Property in short order to take advantage of the current favourable market conditions for gold bullion.

Following the signing of a new and highly advantageous 5-year lease on the Overman Property, management has accelerated the production process via the selection of an expendable solution that produces 10 tons per hour for an approximate cost of $1 Million US. This production process will provide HE-5 with a saleable concentrate depending on the ore, and thus provide better recoveries than the previously proposed heap-leach process. The process will enable HE-5 to concentrate the ore into a saleable product and transport it out of the property for leaching.

Based on the geologic results from Phase I of the Drilling Program, management forecasts $15 to $20 million in revenues with a profit margin of over 50%. As the Company stated last week, Phase II of the Drilling Program will be conducted this fall to determine the southwest and northeast limits of mineralization and the lower limits of mineralization in the immediate area of the Overman pit floor. The primary objective is to upgrade the resource to measured status of over a few million tons.

About the Overman Property

The Overman Property occupies a strategic position on the Comstock Lode, Nevada -- a world-class epithermal volcanic-hosted precious metal deposit with a recorded production in slight excess of 8 million ounces of gold and 192 million ounces of silver between 1859 and the present. The Overman Property ranks at the top of the Comstock district's properties in terms of its potential to generate a significant tonnage of material suitable for heap-leaching. The district is characterized by a system of quartz / calcite veins measuring from a few feet to several hundred feet in width, which have been productive over a combined length of about 8 miles and locally to depths exceeding several thousand feet.

For more information on HE-5 Resources, Corp. please contact CEO Denyse Raynault at Raynault@he-5resourcescorp.com or visit the corporate website at www.he-5resourcescorp.com.

About HE-5 Resources, Corp.

HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 metals: gold, silver, copper, zinc and platinum.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

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