Prize Mining Corporation
TSX VENTURE : PRZ

Prize Mining Corporation

January 16, 2007 14:21 ET

Prize Mining Announces Research Coverage

CALGARY, ALBERTA--(CCNMatthews - Jan. 16, 2007) - Prize Mining Corporation ("Prize") (TSX VENTURE:PRZ) announces that Howlett Research Corp. has published a research report on the company. Additionally, the company also announces that they will be attending the Vancouver Resource Investment Conference in Vancouver, BC.

"I have been very impressed with the progress the company has been making to date-particularly on our Atlin Gold property," stated Harry McGucken, President and CEO of Prize Mining. "This new research report from Howlett will be an excellent tool for communicating our progress and corporate strategy."

The research report will be available on the company website.

Prize Mining will be exhibiting at the Vancouver Resource Investment Conference in Vancouver, BC from January 21-22, 2007. The company would like to invite investors to visit the corporate booth where Harry McGucken, President and CEO, Feisal Somji, Chairman & CFO and Trent Dahl, Investor Relations, will be in attendance. The company booth number is 1220.

About Howlett Research Corp. (HRC)

Based in British Columbia, Canada, HRC has been completing company specific research reports for publicly listed companies for several years in a variety of industry sectors. The reports are developed for quality junior- to medium-sized companies that lack adequate coverage by the financial community.

Howlett Research Corp. has not been involved in, nor does it envision participating in any transaction or investment banking business related to Prize. Howlett Research Corp. does not own shares of Prize and does not trade in its shares. Howlett has received a fee for the report.

ON BEHALF OF THE BOARD OF PRIZE MINING CORPORATION

Harry McGucken, President and CEO

Prize Mining Corporation is a Tier One Company listed on the TSX Venture Exchange (symbol: PRZ-V). The Company is exploring for Gold in the Atlin area of British Columbia, Canada and its Nickel-Copper-Palladium and Platinum project on the Muskox Layered Intrusion in Nunavut, Arctic Canada.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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