TVI Pacific Inc.
TSX : TVI

TVI Pacific Inc.

May 23, 2006 13:00 ET

TVI Pacific Announces Webcast Details for Annual Meeting

CALGARY, ALBERTA--(CCNMatthews - May 23, 2006) - TVI Pacific Inc. (TSX:TVI) ("TVI" or the "Company") announces that the Company will be webcasting the corporate presentation portion of TVI's Annual and Special Meeting of Shareholders which will be made by Clifford M. James, President and CEO of the Company, as well as other senior officers. TVI's Annual and Special Meeting will be held on May 26, 2006, at the Calgary Petroleum Club (319-5th Ave. SW), with the formal part of the meeting starting at 3:00 pm MT.

Webcast:

The live webcast will start at approximately 3:10 pm MT on May 26, 2006. To listen to this event, please enter the following link in your web browser a few minutes prior to the start time. Information links will also be provided for any software needed and system requirements.
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1496220

For those who are not able to listen to the live call on the day of the event, the webcast will be archived for 90 days and can be accessed using the same link above.

An electronic copy of TVI's corporate presentation will be made available on the Company's website (http://www.tvipacific.com/presentations.htm) at approximately 2:30 pm MT on May 26, 2006. Listeners are encouraged to follow along with the slides during the webcast.

About TVI Pacific Inc. (TSX: TVI)

TVI Pacific Inc. is a publicly-listed mining company focused on exploring for and producing precious and base metals within district scale systems in Asia.

In the Philippines, TVI's most advanced project, the Canatuan Mine began mining and milling operations in mid 2004, producing gold and silver dore. Mill throughput is currently 1,400 dmtpd ( greater than 150 AuEqOz per day) from a gossan/oxide zone. Further expansion of the mill's processing capacity is underway. Subject to receiving an updated positive feasibility study, expansion plans for 2006 contemplate the construction of a sulphide flotation plant at Canatuan to process both copper and zinc concentrates from a sulphide zone. In addition, TVI holds a 2.5% net smelter return (NSR) royalty on the Philippine-based Rapu Rapu project (the second foreign-invested, new, mining project in the Philippines), which commenced operations in July 2005, with royalty cash flow to TVI beginning in Q4, 2005. Exploration in the Philippines is being conducted at Canatuan (both to expand TVI's resource base and to find new deposits), and at Balabag, Tamarok and Tapisa which management of TVI views as compelling exploration properties.

In China, TVI's wholly-owned Chinese subsidiary, Hunan Pacific Geological Exploration Inc. (HPGEI) is the first and only foreign mining company to be granted both WOFE status and a Qualified Explorer License. HPGEI has three main areas of interest in China - gold exploration in the Golden Triangle, a prospective metallogenic region in the provinces of Guizhou, Yunnan and Guangxi Autonomous Region, copper/gold exploration in Yunnan Province and copper/gold exploration in the Tibet Autonomous Region. HPGEI has 168,200 hectares of land under application in China in the Golden Triangle and in the Tibet A.R.

TVI also has a Drilling Division comprising of Exploration Drilling Corporation (EDCO), a wholly-owned subsidiary of TVI Pacific Inc. based in the Philippines, and Hunan Pacific Drilling (HPD), a division of HPGEI based in China which generates revenue from contract drilling.

Contact Information

  • TVI Pacific Inc.
    Clifford M. James
    President and CEO
    (403) 265-4356
    or
    TVI Pacific Inc.
    Paul Moon
    Director, Corporate Communications
    (403) 265-4356
    (403) 264-7028 (FAX)
    Email: tvi-info@tvipacific.com
    Website: www.tvipacific.com