MAESTRO VENTURES LTD.
TSX VENTURE : MAP

MAESTRO VENTURES LTD.

October 14, 2008 09:28 ET

Maestro Drills Emerging New Resource Zone at Kings Canyon Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 14, 2008) - Maestro Ventures Ltd. (TSX VENTURE:MAP) ("Maestro" or the "Company") has received the final results for its recent drill program at its Kings Canyon Project in western Utah, USA. Three areas were tested with this program (see Map 1). The highlight of this program is that drilling in the Royal East and Royal West zones indicates the potential for new gold mineralization outside of the historic resource zone. This mineralization, although Carlin-style in nature, may be similar geologically to the mineralization encountered at Fronteer/AuEx's Long Canyon property in the Pequop Range.

"The first phase of drilling at Kings Canyon was designed to learn more about grade controls in the main resource area as well as to test the potential of expanding the resource in new zones," commented Hans Rasmussen, President and Director. "We are excited about the new mineralization encountered in the Royal East zone. Based on this first round of drilling, additional exploration and drilling is warranted in the area. While higher grades are probably in the system and will eventually be drilled, the gold grades from the first four holes in Royal East are equal to the average gold grades of most of the open pit gold mines in Nevada."

In order to better understand the gold extraction potential at Kings Canyon, 84 pulps from 2007 core drilling were re-analyzed for gold by cyanide soluble assay. Gold grade for all the samples averaged 0.76 grams per tonne (g/t) gold. Overall, the cyanide extraction of gold averaged 86% for the combined 84 pulps. Values from the highest grade material, e.g. 14 of the samples averaging 1.41 g/t gold, had 91% gold recovery by cyanide assay. These values are preliminary, but suggest that heap leach gold extraction technology could work at Kings Canyon.



Table 1 - Kings Canyon 2008 Drill Results
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Inter-
From val
Hole Id East North Azimuth Dip (feet) To (feet) (feet) Au opt Au g/t
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Historic resource area
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KC08-01 270172 4328437 0 -90 165 265 100 0.034 1.16
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includes 180 210 30 0.082 2.81
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KC08-02 270172 4328437 200 -75 165 220 55 0.039 1.33
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includes 195 205 10 0.092 3.15
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KC08-03 270172 4328435 290 -55 275 350 80 0.029 0.98
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includes 290 310 20 0.053 1.82
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Royal East zone
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KC08-05 270109 4327411 0 -90 165 250(i) 85 0.015 0.53
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includes 200 205 5 0.034 1.17
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KC08-06 270079 4327341 0 -90 155 285 130 0.020 0.68
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includes 250 260 10 0.045 1.53
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KC08-07 270019 4327404 0 -90 195 275 80 0.023 0.79
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includes 260 275 15 0.037 1.27
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KC08-08 270129 4327348 0 -90 180 285 105 0.016 0.54
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includes 210 215 5 0.030 1.03
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Royal West zone
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KC08-04 269802 4327556 0 -90 230 260(i) 30 0.013 0.45
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KC08-09 269837 4327525 0 -90 340 370 30 0.016 0.56
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includes 345 350 5 0.038 1.31
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KC08-10 269774 4327524 0 -90 nsi
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Cutoff equals 0.30 g/t Au
(i) equals TD, end of hole
nsi equals no significant intervals


The recently completed program at Kings Canyon consisted of 3,195 feet of reverse circulation drilling in 10 drill holes. Holes KC08-01 and KC08-02 were drilled into the main Kings Canyon "historic resource area" and verified the importance of good sampling techniques from reverse circulation drilling. Drill hole KC08-03, which was an angle hole drilled into the same area, has demonstrated that gold grade can be enhanced by drilling angle holes across one or more of the vertical gold feeder faults that cut the resource. The remaining holes tested the known surface mineralization in the Royal East and Royal West zones.

Royal West and Royal East Zones

This target area contains known gold mineralization, in drilling, over a strike length of 1,300 feet and a width of at least 600 feet. It has the potential to make a significant addition to the historic resource area, which lies 3,000 feet to the north. All intercepts start within 200 feet of the surface and are oxidized, suggesting that they may be amendable to low-cost gold extraction techniques. Further exploration is warranted in this area to better define the nature of the mineralization and its relationship with the historic resource mineralization.

All samples were collected at the drill site under the direct supervision of Maestro personnel. They were transported directly by ALS Chemex to their Elko facility for preparation and analysis. Samples were analyzed by standard 30 gram fire assay for gold. Standards, blanks, and duplicates were inserted into the sample stream to verify the legitimacy of the assays.

The Kings Canyon historic resource area (pre 43-101 compliant) was drilled by Crown Resources and Battle Mountain Gold between 1990 and 1993 (156 reverse circulation drill holes for a total of 24,890 meters), generating an inferred historical resource estimate of 6,800,000 tons at a grade of 0.03 oz/ton gold (204,000 ounces) using a cutoff of 0.013 oz/ton. Maestro warns that a qualified person has not done sufficient work to classify these historic estimates as current mineral resources, is not treating these estimates as current mineral resources, and that the historic estimates should not be relied upon.

The technical information in this News Release has been reviewed and approved by Curt Everson, who is a technical consultant for the Company and a Qualified Person in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

About Maestro Ventures

Maestro Ventures Ltd. is an exploration company focused on the discovery of high-value precious and base metal deposits in the Great Basin of Nevada and Utah. The Company currently controls mineral title to 13 projects in the Great Basin. While the company is focused on expanding the gold resource at its Kings Canyon, Utah project, the new Board of Directors and exploration staff are focused on evaluating and adding high-quality projects to the portfolio. Project generation is focused on two major metal-rich trends that cross the eastern Great Basin.

On behalf of the Board of Directors,

Kris Kottmeier, CEO, Maestro Ventures Ltd.

To view a copy of "Map 1. Drill Target Areas", please visit the link below:

http://media3.marketwire.com/docs/maestroventuresdrilltargetareas.pdf

The TSX Venture Exchange has not reviewed and is not responsible for the information contained in this release.

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