MAESTRO VENTURES LTD.
TSX VENTURE : MAP

MAESTRO VENTURES LTD.

May 12, 2008 13:53 ET

Maestro Signs Lease Agreement on the Big Fault Project, Central Nevada; Soil Survey Underway

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2008) - Maestro Ventures Ltd. (TSX VENTURE:MAP) ("Maestro" or the "Company") today announced that the Company has signed a lease agreement with JR Exploration LLC to acquire 100% of the Big Fault project, located in Nye County, Nevada.

"The Big Fault project is the type of high-caliber project that we continue to look for to build our portfolio at Maestro," comments Hans Rasmussen, Director. "We have been working with a number of high-quality geologists that have great track records for gold discovery in the Great Basin - the Big Fault project is the product of working with these top-tier geologists; it is a project with all the right characteristics for a classic sediment-hosted gold system. Maestro is focused on acquisition of high-quality prospects in the Great Basin whether they are options to joint venture or lease arrangements. We are currently focused on central and eastern Nevada, and western Utah."

The project was originally identified by JR Exploration because of the extensive jasperoid development and silica stockwork along a strong north-south fault zone, hosted in lower plate Devonian limestones. Preliminary mapping indicates the presence of Baystate Dolomite, Guilmette Limestone and Devils Gate Limestone, thus presenting several Devonian-age gold host rock opportunities throughout the project area. The jasperoids appear to be untested by prior exploration companies except for the assays provided by JR Exploration. There is no evidence of drilling and very little evidence of prior rock chip sampling. JR Exploration rock chip sampling results have anomalous arsenic, antimony, mercury and tellurium, which are all indicative of a strong gold-mineralizing hydrothermal system.

A soil survey is currently underway to evaluate gold-mineralized faults around the outcropping jasperoid mentioned above. Along with the soil sampling, a detailed geologic interpretation will be made to identify areas of focused gold mineralization for future drill targeting.

The Lease Agreement

The Big Fault lease covers 40 claims and has a 20 year term, or 100% of the mineral title can be purchased from JR Exploration by payment of US$2 million. At signing Maestro agreed to a one-time cash payment of $8,200 and shall reimburse claim maintenance and/or filing fees for the 2008 assessment year. Annual lease payments include $15,000 on the first anniversary of this agreement, $20,000 on the second anniversary, and there after payments shall increase by 10% annually. A 3% Net Smelter Royalty (NSR) remains after the purchase of the project and Maestro has the option to purchase 2% of the NSR for US$2 million, which will reduce the NSR to 1%.

About Maestro Ventures

Maestro Ventures Ltd. is an exploration company focused on the discovery of high-value precious and base metal deposits in the eastern Great Basin. The Company currently controls mineral title to nine 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.

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

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