SOURCE: Enterayon, Inc.

December 27, 2006 14:25 ET

Enterayon Consolidates Fraser River Platinum Property and Acquires Adjacent Uranium Deposits

SKIPPACK, PA -- (MARKET WIRE) -- December 27, 2006 -- Enterayon, Inc. (PINKSHEETS: ETYN) announced today that it has consolidated its Fraser River Platinum property in British Columbia by acquiring the rights to the Van Winkle Bar platinum-iridium placer deposits. The company has also acquired the mineral rights to two uranium deposits adjacent to the property.

As previously announced on October 12, 2006, the company acquired a 100% interest in the Fraser River Platinum property, which extends 8.6 kilometres along the Fraser River northwest of Lytton, British Columbia. The property at the time straddled but did not include a section along the river known as the Van Winkle Bar. With this new acquisition, the company now owns the placer rights to the Van Winkle Bar outright. According to BC MINFILE 092ISW078 and BC Open File 1986-7, the sands of the Van Winkle Bar assay up to 5681.1 grams (182.67 ounces) per tonne platinum.

The company has also acquired the mineral rights to the Orleans uranium deposit on the northern edge of the Fraser River Platinum Property, and the Lytton Bar uranium deposit on the southern portion of the property. Assays are reported to range up to 0.16% equivalent uranium oxide.

About Enterayon, Inc.

Enterayon, Inc. engages in the exploration, acquisition, development, and mining of precious metal and other mineral properties. By combining state-of-the-art technology with traditional acquisition targeting, the company's mission is to build a portfolio of viable mining prospects throughout the world and developing them to their full economic potential. Enterayon's wholly owned subsidiary, North Bay Resources, Inc., is a pure gold company whose mission is to generate 100% of its revenue from sales of gold.

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Enterayon, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Enterayon, Inc. or any other person that the objective and plans of Enterayon, Inc. will be achieved.

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