Typhoon Exploration Inc.
TSX VENTURE : TYP

Typhoon Exploration Inc.

November 06, 2007 11:12 ET

Typhoon Secures Fayolle Project by Surface Rights Acquisition

LAVAL, CANADA--(Marketwire - Nov. 6, 2007) - Typhoon Exploration Inc. (TSX VENTURE:TOO) is pleased to announce an agreement in view of the acquisition of the surface rights of 4 lots located in the Clericy township in the Rouyn-Noranda mining camp. The company acquires 100% interest by paying $20,000.00 and by issuing 142,856 shares of its capital to the vendors, subject to the required approvals from the regulatory authorities.

The 4 lots are located at the crossroad entrance of the Fayolle project giving the company yearly access to the Fayolle property. Significant results were obtained on the Fayolle property 35 g/t Au and 28 g/t Au (see press releases dated April 2006 and Mai 2006). Compilation of assay results of the 2007 drilling program on Fayolle is in progress at this time and will be announce through a press release.

The company has decided to acquire the surface rights and believes this transaction increases shareholder's value in securing Typhoon's project access in Abitibi.

The company holds 100% interest of the mining rights of the Fayolle property including a 8 km strike on the Porcupine Destor Fault.

Fayolle is strategically located and shows several similarities with world class gold deposits located in the Abitibi greestone belt such as the Kiena and Holt-McDermott mines in Ontario.

The common shares of Typhoon Exploration are listed on the TSX Venture Exchange under the symbol "TOO".

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these "forward-looking statements". The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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