SOURCE: Trade Winds Ventures Inc.

August 12, 2008 10:03 ET

Trade Winds Preparing to Drill in China

VANCOUVER, BC--(Marketwire - August 12, 2008) - Trade Winds Ventures Inc. ("Trade Winds") (TSX-V: TWD) is pleased to announce the commencement of the 2008 exploration program on the Tuole Gold project, Xinyuan County, Xinjiang Uygur Autonomous Region, P. R. China.

Xinjiang Entercor Mining Corp. ("Xinjiang Entercor"), a Joint-Venture Company between Western China Mining Corp. (80%), a Trade Winds subsidiary, and Xinjiang Dadi Mining Technology & Development Corp. (20%) is currently preparing the drill access for the planned 2000 meter diamond drill program scheduled to begin on the Tuole West permit in late August 2008.

This drill program is designed to follow up the 2007 surface trench program completed on Area A of the Tuole West permit which outlined three steeply dipping gold-bearing alteration zones, hosted in highly altered and silicified andesitic volcanics. Three trenches intersected Alteration Zone 3 at intervals over a strike length of 160 meters returned values of 0.55 g/t Au and 7.66 g/t Ag over 12.0 meters, 1.28 g/t Au and 18.00 g/t Ag over 4.0 meters and 0.38 g/t Au over 11.0 meters. Selected grab samples collected from Area A in 2007 contained up to 2.12 g/t Au.

In addition to the diamond drilling, a program of surface trenching on Area C of the Tuole West permit is planned. This work is a continuation of the 2007 exploration program which included surface trench samples of 0.33% Cu over 7.0 metres, including 0.775% Cu over 2.0 metres in trench WCTC001 and 0.11% Cu over 21.0 metres in trench WCTC801 both collected in a zone of Cu, Au and Mo poly-metallurgic mineralization hosted in granitic porphyry. Selected grab samples collected in 2007 returned values up to 10.5 g/t Ag, 1.86% Cu, 0.0224% Mo; and 20.6 g/t Ag, 4.69% Cu, 0.0145% Mo.

The Tuole project consists of three exploration permits Tuole North, Tuole East and Tuole West covering a total area of 109.79 km2, located in the Tien Shan Gold Belt of North West China. These permits acquired by Xinjiang Entercor in 2005 were sited to cover five Au-Ag-Cu anomalies over a 25km strike length identified during previous exploration by the Chinese Government.

The 2008 exploration plans include work on all permits, with surface trenching on the Tuole North permit to follow up a 2007 soil geochemical survey that delineated 8 Au anomalies with values of up 430 ppb, 4 Ag anomalies and 4 Cu anomalies as well as 4 composite anomalies. On the Tuole East permit a 4.0 km2 soil geochemical survey in planned for 2008.

A NI-43-101 report on the Tuole project has been commissioned with an expected completion date of fall 2008.

Trench channel samples collected in 2007 were shipped to and analyzed at the lab of SGS-CSTC Standards Technical Services Co., Ltd., located in Tianjin, P. R. China. The soil samples were shipped to and analyzed at the Testing Centre of Xinjiang Bureau of Non-ferrous Geological Exploration, a lab with the Certificate of ISO/IEC 17025:2005 (No.: CNAS L2738), and located in Urumqi, P. R. China.

Technical information herein has been compiled by Dr, Guowei Zhang, Project General Manager, and reviewed by Colin Russell, P. Geo, a Qualified Person as defined in NI-43-101.

Visit our Website at www.tradewindsventures.com

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.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Ian D. Lambert
    CEO/President
    (604) 648-6225

    Colin Robson
    Investor Relations
    Toll Free (866) 698-9187 ext 231
    (604) 648-6223

    Email: Email Contact

    Trade Winds Ventures Inc.
    Suite 1006, 1166 Alberni St.
    Vancouver, BC V6E 3Z3

    21st Floor, 5 Zuanshicheng
    Beijing Road, Urumqi
    Xinjiang, P.R.China