Southampton Ventures Inc.

Southampton Ventures Inc.

January 11, 2008 14:25 ET

Southampton to Commence Drilling at Horden Lake Cu-Ni-PGE Property

TORONTO, ONTARIO--(Marketwire - Jan. 11, 2008) - Southampton Ventures Inc. (TSX VENTURE:SV) ("Southampton") is pleased to announce that drilling will commence shortly on its 95% owned Horden Lake Copper-Nickel-Platinum Group Element (Cu-Ni-PGE) Property located in the James Bay area of Quebec. Caracle Creek International Consulting Inc. (CCIC), based in Sudbury, Ontario, has been engaged to manage the drill program, which will consist of a minimum of 10,000 metres.

Drilling will initially focus on the Horden deposit and its potential extensions. The Horden deposit was first drilled by Inco Ltd. between 1960 and 1974. Based on this drilling, Watts, Griffiths, and McQuat Ltd. reported in situ geological reserves at 1,238,333 tonnes probable averaging 1.91% Cu and 0.40% Ni and 4,365,428 tonnes possible averaging 1.27% Cu, 0.38% Ni. The Watts, Griffiths, and McQuat Ltd. calculation, which was completed in 1993 prior to implementation of National Instrument 43-101, is considered a historical resource and should not be relied upon. Although PGE analyses were not completed by Inco Ltd., anomalous PGE values have been reported more recently by CanAlaska Uranium Ltd. along strike of the Horden deposit within the same gabbroic host.

The primary objective of this drill program will be to define NI 43-101 compliant Resources for the Horden deposit. The down dip extension of the Horden deposit will also be evaluated, along with additional targets in the area.

The drill program will be completed under the supervision of Mr. Iain Kelso, P.Geo., geologist with Caracle Creek International Consulting Inc. and Qualified Person under NI 43-101.


Southampton is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of nickel, molybdenum, uranium and other minerals, through its 95% ownership of the Horden Lake Copper-Nickel Deposit in Quebec, its option to earn up to a 100% interest in the Devonian shale hosted nickel-molybdenum-zinc-platinum group elements property known as the NiMo Project located in the Yukon and its Nigerien uranium concessions.

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

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