Ressources Appalaches inc.
TSX CROISSANCE : APP
TSX VENTURE : APP

Ressources Appalaches inc.

April 19, 2007 11:00 ET

Appalaches is in the Hunt

RIMOUSKI, QUEBEC--(CCNMatthews - April 19, 2007) - In response to the strong demand for uranium, Ressources Appalaches (TSX VENTURE:APP) is directing its exploration programs towards a search for an open-pit deposit on its Ashini property, in the Godbout region of Quebec. The price of uranium has risen from $US20/lb U3O8 in 2005 to more than $US110/lb U3O8 in 2007, owing to the great excess of demand over supply.

On the Ashini property, the generally sub-horizontal attitude of the uranium-bearing pegmatite veins should enable a rapid evaluation of the deposit at no great cost. This approach will also allow more holes to be drilled over a larger area. The work program will mainly consist of drilling and pitting, and will begin as soon as the snow melts.

The increase in uranium exploration activity in the Godbout region is also a highly encouraging sign. Bactec Mining Corp. has recently announced that it has carried out drilling a few kilometres to the south of the Ashini property (press release, April 11, 2007).

Appalaches is well positioned in this area, holding 50% of the claims covering a major geologic structure marked by a strong magnetic signature. With four uranium showings whose best grade is 0.22%, Appalaches has high hopes for the results of its exploration work.

The contents of this press release were prepared by Alain Hupe, Geologist and NI-43-101 Qualified Person.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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