Typhoon Exploration Inc.
TSX VENTURE : TYP

Typhoon Exploration Inc.

September 22, 2010 14:54 ET

CORRECTION FROM SOURCE: The Typhoon-Aurizon Tandem Summarizes its 2010 Grooving Campaign on the Fayolle Property

LAVAL, QUEBEC--(Marketwire - Sept. 22, 2010) - This document corrects and replaces the release sent earlier today at 2:09 PM EDT. On the sixth paragraph it should read "CAD$400,000.02" instead of "CAD$4,000,000.02"

Typhoon Exploration Inc. (TSX VENTURE:TYP) summarizes its summer 2010 grooving campaign on the Fayolle property (100% owned by Typhoon). Each grooves measures 0.5 m long. Several samples were analysed for gold and silver and some have been analysed for gold and 48 other elements.

This phase led to the discovery of numerous late structures N330-340 oriented north-north-west which differ from the orientation of the east-south-east regional structures generally known for controlling gold mineralization in the Porcupine-Destor Fault sector.

The objectives for the comprehension and validation of the structures have been reached. Indeed, gold values have been obtained on the surface through stripping. The presence of gold on surface confirms the fertility of the structural zones oriented at N330-340, elaborated from the new exploration model developed by the Aurizon Mines Ltd. and Typhoon Exploration Inc. tandem.

The new drillings carried out in proximity to the stripped zones show a visual enrichment of gold at depth. Gross native gold grains were observed in several drillings which are currently being analysed at the ALS Chemex lab in Val d'Or, Abitibi and results will be disclosed in a press release upon receipt.

Update on Private Placement

Typhoon would like to correct its Press Release of September 21, 2010 where the third paragraph should have read:

Under the Placement, Typhoon paid the Agents a cash commission of CAD$400,000.02 and issued a total of 487,805 non-transferable agent's unit warrants (the "Agent's Warrants"). Each Agent's Warrant entitles the holder thereof the right to purchase 1 unit of Typhoon (the"Agent's Unit") at a price of $0.82 per Agent's Unit. Each Agent's Unit is comprised of 1 common shares and 1 warrant having the same terms and conditions as the warrants included in the Units.

Mr. Robert Gagnon, P. Geo., Technical Advisor, a Qualified Person as defined by National Instrument 43-101 and Mr. Daniel Gaudreault ing., supervised the preparation of the information in this news release.

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

Forward-Looking Statements

This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Typhoon. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Typhoon will derive therefrom. Forward-looking information is based on the estimates and opinions of Typhoon's management at the time the information is released and Typhoon does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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