SOURCE: Global Prospecting Ventures Inc.

October 19, 2005 09:00 ET

Global Prospecting Ventures Confirms High-Grade Gold on Kero Gold Project

SAN FRANCISCO, CA -- (MARKET WIRE) -- October 19, 2005 -- Global Prospecting Ventures, Inc. (OTC: GPVN)

Global Prospecting Ventures Inc. is pleased to announce results of an initial prospecting and sampling program conducted in August of 2005. This program has now confirmed the presence of high-grade gold at the Company's Kero Gold Project located close to the company's Nelson Gold skarn property, approximately 10 kilometers east of the Heldley gold Camp in British Columbia, Canada.

Global Prospecting Ventures Inc. has also staked additional claims on the Kero project. These claims cover a strong copper in soil anomaly that measures approx 2,700 meters long by about 600 meters wide. The company plans to search for the cause of this strong copper anomaly during the next phase of exploration.

A summary of some of the initial prospecting and sampling results are as follows:

Au       Au        Ag       Ag
(g/t)    (oz/t)    (g/t)    (oz/t)
-----    ------    -----    ------
7.79     0.227     40.8     1.190       .5 m chip Kero vein @ adit
23.9     0.697     69.7     2.033       Kero Vein grab
8.60     0.251                          Qtz Vein above Kero adit on Rd.
6.80     0.198     61.3     1.788       Dump grab Kero adit
The company is very pleased with these numbers as they confirm the results reported by previous operators. A quartz vein is exposed in the old Kero adit. The overall strike of the vein is 260 degrees and the dip is 39 degrees to the north. Previous Diamond drilling has shown that the vein extends at depth and along strike for about 700 meters.

Trench sampling along the western extension of the vein in 1990 yielded 40.11 grams per ton gold and 50.40 grams per ton silver over an apparent width of 1.7 meters. Diamond drilling yielded similar high-grade results, with the best results from quartz samples.

Gold values from drill core with quartz veins range from 1.37 to 51.77 grams per ton gold. Silver values from the same core ranged up to 82.28 grams per ton. Lead ranges up to 7.3 %, Zinc to 4.93 % and Copper up to 0.26 %.

The famous Nickel Plate and Hedley Mascot mines near the town of Hedley have produced 3,600,000 tons of ore from underground workings grading 0.408 opt gold. More recent open pit production figures are 8,250,000 tons grading 0.080 opt gold.

Our 2005 summer geological program has now been completed on the Kero Gold Project. An independent consulting geologist has been retained to compile data and compose a geological report on the property. This report will be used to detail further exploration of this high-grade gold project.

This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933 (the "Securities Act"), as amended, and Section 21E of the Securities Exchange Act of 1934 (the ``Exchange Act''), as amended. All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.

To hear more about GPVN from President Judy Tayler go to: http://www.publiccoreport.net/featured/GPVN/company.asp

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