Eaglecrest Explorations Ltd.

Eaglecrest Explorations Ltd.

October 25, 2006 07:03 ET

Eaglecrest Explorations Ltd.: Second Ball Mill Cleanup Recovers 500 Grams Gold

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 25, 2006) - Eaglecrest Explorations Ltd. (TSX VENTURE:EEL)(FWB:EAT) is pleased to report that as part of a routine, ongoing due diligence of the ball mill operation, the liners were removed and cleaned between September 18 and 21. The cleaning of the liners produced 135.25 kilograms (kg) of material grading 3,702 grams per tonne (g/t) gold equivalent to 500.7 grams of gold. The gold has accumulated since the liners were replaced in January 2006 in the Company's on-site gold recovery plant on the San Simon project in northeast Bolivia.

Between January 29 and September 18 the Company's ball mill has milled 4,161.25 tonne of quartz and host rock from the underground development of the TD-1 decline, drifts and raises producing 1,913.5 kg of high grade flotation concentrate containing 7,078.8 grams gold. The gold from the ball mill liners cleaning represent 6.6% of the gold recovered from the material milled. It is reasonable to assume that the majority of the gold trapped in the liners comes from the higher grade bulk samples so a straight percentage adjustment of the bulk samples grades cannot be done. However, it is reasonable to conclude that the grades of the higher grade bulk samples as reported understated the true in-situ grades by at least 6.6%.

It is normal for ball mill liners to trap both material and gold during normal operation. While it would be desirable to remove the liners and clean them following each batch to accurately determine the true in-situ gold grade of each batch this is neither practical nor feasible due to the minimum of 40 hours required to complete.

The newly-recovered gold ball mill clean up concentrate will be included with the high grade flotation concentrate accumulated since mid September and shipped to Penoles of Mexico later this year as the third high grade flotation concentrate shipment.

Due to extensive wear of the ball mill liners during commissioning and tune-up of the ball mill circuit in 2005, the liners were replaced in January 2006. During the last 3 months of 2005, 2,622.31 tonnes of quartz and host rock sediments from the underground development of the TD-1 decline were milled-producing 905.3 kg of high grade flotation concentrate containing 1,929.6 grams gold. During the liners removal, 145.3 kg of material was collected and tabled. The tabled magnetic and non-magnetic concentrates contained 108.6 grams of gold, which represent 5.3% of the gold recovered from the material milled. These two tabled concentrates were shipped to Penoles of Mexico as part of the first concentrate shipment earlier this year.

Eaglecrest's underground bulk sampling program with processing of those samples in the on-site gold recovery plant to produce high grade gold flotation concentrate is ongoing.

Eaglecrest Explorations Ltd.'s Project Manager, Tor Bruland, who is a Qualified Person as defined by National Instrument 43-101, has prepared, reviewed and approved the technical information in this news release.

Tor Bruland, P. Geo. (B.C.) and Don Allen, P. Eng. (B.C.) (Eaglecrest Explorations Ltd.'s Chief Geologist) are supervising the diamond drilling and the underground exploration, development and bulk sampling program. The gold recovery plant and the fire assay laboratory, which is independently operated by Analab, are under the overall supervision of Independent Consultant Gary Hawthorn. P. Eng. (B.C.). All are Qualified Persons under the Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board of Directors,

Carl A. Erickson, President, Eaglecrest Exploration Ltd.

Additional information on the company's project is available on our website www.eaglecrestexplorations.com, The SEDAR website (securities related information electronic filed with the Canadian securities regulatory authorities) www.sedar.com.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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