SOURCE: Enterayon, Inc.

October 27, 2006 07:30 ET

Enterayon Issues Willa Property Update

SKIPPACK, PA -- (MARKET WIRE) -- October 27, 2006 -- Enterayon, Inc. (PINKSHEETS: ETYN) announced today that it has entered into a consortium agreement with the adjoining property owners at its Willa Property claim, 100 km south of Revelstoke, British Columbia, Canada. The purpose of the consortium is to exploit the full economic value of the Willa Property by combining all the claim units owned by each partner into a single property. Once combined, the company will own 10% of the entire Willa Property.

The Willa Property is a gold-copper-silver deposit located in the Slocan Valley near the village of Silverton in southeastern British Columbia, approximately 2 km east of Slocan Lake. It has had approximately $16 million dollars (CDN) spent to develop it to its present status, which includes an extensive underground network of workings to access the mineralization.

The Willa Property's total mineral resource estimate within the measured, indicated, and inferred categories, as specified by National Instrument 43-101 and based on a 1.5-gram gold per tonne cutoff, is reported as 3,989,494 tonnes grading 3.23 grams gold, 7.16 grams silver, and 0.53% copper. This equates to a total resource of 414,343 ounces of gold, 918,482 ounces of silver, and 46,602,077 pounds of copper. These estimates are based upon a database including data from 556 core holes totaling 50,890 metres, 2,570 metres of underground workings and 17,150 laboratory analyses for gold, silver, and copper.

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 develop 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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