SOURCE: Trade Winds Ventures Inc.

October 04, 2007 05:00 ET

Trade Winds Intersects 6.14 Grams/Tonne Gold Over 8.84 Metres Within the M Zone on Block A Property at Detour Lake, Ontario

TIMMINS, ON--(Marketwire - October 4, 2007) - Trade Winds Ventures (TSX-V: TWD) (FRANKFURT: TVR) is pleased to announce more results from its 13,000-metre 2007 winter diamond drill program on Block A at Detour Lake, Ontario. Block A is being explored as a 50/50 Joint Venture between Detour Gold Corporation (TSX: DGC) (50%) and Trade Winds (50%), the operator during the exploration phase. The purpose of drilling these four holes, TWDDH-228, TWDDH-229, TWDDH-231 & TWDDH-233 on Section 16060E, is to determine the continuity of the M Zone structural corridor by infill drilling previous excellent results at a 40 meter spacing. The M Zone ultramafic and numerous other gold bearing structures were intersected in all four holes, with gold mineralization ranging from approximately 20 metres to 250 metres below surface and approximately 40 metres above or below previous drilling on this section.

In March of 2006, Trade Winds discovered new, near surface mineralization along the M Zone corridor (see news release May 16, 2006). Phase 1 of this winter's drilling was to explore the mineralization of this new zone along a 480-metre strike between sections 15380E and 15860E. Today's results on these three sections represent the continuation of the Phase 2 infill drilling of the October 2006 Resource Estimate.

On Section 16060E, diamond drill hole TWDDH-228 returned 1.22 grams/tonne over 3.74 metres, 27.70 grams/tonne over 0.50 metre, and 4.66 grams/tonne gold over 2.00 metres.

Diamond drill hole TWDDH-229 returned 6.14 grams/tonne over 8.84 metres including 33.70 grams/tonne over 1.00 metre, 6.87 grams/tonne over 1.25 metres and 2.15 grams/tonne over 8.00 metres.

Diamond drill hole TWDDH-231 returned 18.35 grams/tonne over 1.00 metre, 7.85 grams/tonne over 4.75 metres including 49.70 grams/tonne over 0.50 metre, and 5.58 grams/tonne over 1.00 metre.

Diamond drill hole TWDDH-233 returned 3.30 grams/tonne over 3.00 metres, 20.70 grams/tonne over 0.92 metre, and 3.29 grams/tonne over 3.00 metres.

Details of significant fire assay results received for recent holes completed on Section 16060E is as follows:

            (m.)    (m.)  Vertical   (m.)    (g/tonne    (g/tonne
                            (m.)               gold)       gold)
TWDDH-228  117.26   121      96      3.74                   1.22

            138    138.5    113       .50       27.70
            172     174     141      2.00                   4.66

TWDDH-229   96.16   105      78      8.84                   6.14
Including   96.16  97.35             1.19        9.65
And         100     101              1.00       33.7

            163    164.25   133      1.25                   6.87

Including   163    163.75            0.75        9.78

            265     273              8.00                   2.15
Including   270     271              1.00        5.47

TWDDH-231    60      61      49      1.00        5.66

             95      96              1.00       18.35

            115    119.75    94      4.75                   7.85
Including  119.25  119.75            0.50       49.70

            134     135     109      1.00        4.04

            185     186     151      1.00        5.58

TWDDH-233    25      28      20      3.00                   3.30

Including    26      27              1.00        5.19

             73      74      60      1.00        4.23

             83      86      68      3.00                   1.17

            101    101.92    83      0.92       20.70

            107     109      88      2.00                   3.87

Including   108     109              1.00        6.65

            124     127     101      3.00                   3.29
Including   124     125              1.00        6.00

            154     155     126      1.00       14.40

True Width is estimated to be between 65-75% of core length. Drawings for Section 16060E is available on the Company's website

Diamond drill hole location and final depths for the M Zone diamond drill program on Section 16060E are as follows:

Section    Hole #   Northing   Easting  Azimuth   Dip    Length(m)
16060E  TWDDH-228    20532     16060.5    180     -55     210.00
        TWDDH-229    20656     16060.1    180     -55     329.00
        TWDDH-231    20616     16060.2    180     -55     278.00
        TWDDH-233    20575     16060.5    180     -55     236.00

The M Zone structural corridor is a gold bearing structure that begins near surface at the eastern boundary of Block A, and plunges gently westward along strike for over four kilometres on to the immediately adjacent 100% owned Gowest property. Two significant mineralized zones occur along a komatiite structure, the Upper and Lower M Zone gold zones.

The near surface and other portions of the M Zone structural corridor drilled to date are the subject of our recent NI 43-101 compliant resource estimate (October 2006). The 2007 M Zone winter drilling program was designed to test the westward near surface extension of the known gold mineralization with the purpose of adding new gold ounces to the resource estimate, and upgrading the current near surface inferred resource to the indicated category.

Golder Associates Ltd. (Golder) was commissioned by Trade Winds to provide an independent Mineral Resource Estimate in conformance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Mineral Resource and Mineral Reserve definitions referred to in the National Instrument NI 43-101, Standards of Disclosure for Mineral Projects. The resource estimation work was completed in October 2006 and is based on information contained within the Technical Report prepared by Golder on Trade Winds behalf and filed on SEDAR, which, using a cut-off of 1.0 grams/tonne, outlines an indicated resource of 14,158,000 tonnes grading 1.77 grams Au/t containing 804,321 ounces of gold and an inferred mineral resource of 24,796,000 tonnes grading 1.88 g Au/t containing 1,499,552 ounces of gold.

Mr. Alex Burton, P. Eng., P. Geo., is the qualified person for Trade Winds' projects at Detour Lake. Trade Winds, as operator of the projects, has implemented a quality control program to ensure best practice in the sampling and analysis of the drill core. All fire assay results are being provided by ALS Chemex.

Management is looking to increase shareholder value by working towards the completion of the spin-out of its Tuole Gold/Copper and the Silu Zinc/Lead projects, located in the Peoples Republic of China, to a wholly owned subsidiary. Western China Mining ("WCH") proposes to list on a Canadian stock exchange following an Initial Public Offering (IPO) to fund the development programs for these projects. It is expected that TWD would own approximately 50% of WCH prior to the distribution to shareholders. The assignments have been made, the NI 43-101 reports are completed and signed, and the audit of WCH is underway. Following completion of the audit, the Offering Prospectus will be submitted for initial review by the BCSC, ASC and OSC.

TWD has indicated that it will look at similar spin-out strategies for its other Canadian projects, which include a 60% option in the Birch Lake, Ontario gold project and its 100% interests in the Turner Lake, Nunavut, project and its Treasure Mountain copper property and Dardanelles gold property in B.C. These spin-out strategies are being designed to improve the identification and valuation of each specific TWD property and to enable TWD to separately finance and develop its various assets, selectively reducing stock dilution.

This press release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.


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