SOURCE: Trade Winds Ventures Inc.

October 31, 2006 07:41 ET

Trade Winds Provides Additional Information for Dimensions of 2.3 Million Oz Gold Resource Calculation Announced October 27, 2006

TIMMINS, ON -- (MARKET WIRE) -- October 31, 2006 -- Trade Winds Ventures Inc. (TSX-V: TWD) (FRANKFURT: TVR) is pleased to report additional information pertaining to Trade Wind's Block A Detour Lake property.

The Indicated mineralization first occurs immediately below the overburden (30 metres max) with the vast majority of the indicated resource occurring between 30 - 300 metres, which is generally the deepest limit for open pit operations. If estimated the weighted average would be less then 200 metres from surface.

Final details of the resource estimation technical report is currently being prepared by Golder and Associates which, when using a cut-off of 1.0 grams/tonne, outlines an indicated resource of 14,158,000 tonnes grading 1.77 g 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.

Additional in-fill diamond drilling will be required to up-grade the current resources.

Please see the long section below, also available on the Company's website, to identify the inferred and indicated resources.

To view the image described above, click here: www.usetdas.com/maps/tradewinds/twdgraphicoct31.pdf

This news release has been reviewed and approved by Mr. Lorne Warner, P. Geo., hereby designated as a "Qualified Person" under National Instrument 43-101.

WARNING: The Company relies upon litigation protection for "forward-looking" statements.

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
    President & CEO
    (604) 675-7637, or
    Investor Relations
    (604) 742-2531
    Toll Free (877) 811-4518 ext 228

    Email: Email Contact
    Visit our Website at www.tradewindsventures.com

    Trade Winds Ventures Inc.
    Suite 300, 1620 West 8th Ave.
    Vancouver, BC V6J 1V4

    117 Kent Avenue
    Timmins, ON P4N 3B9