Mill Bay Ventures Inc.
TSX VENTURE : MBV
PINK SHEETS : MLBVF
FRANKFURT : M4K

Mill Bay Ventures Inc.

August 18, 2011 12:01 ET

Mill Bay Ventures Announces 3,000 Tonne Bulk Sample on Valentine Mountain

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 18, 2011) - Mill Bay Ventures Inc. (TSX VENTURE:MBV)(PINK SHEETS:MLBVF)(FRANKFURT:M4K) is pleased to announce that a program of trenching, excavating and milling of 3,000 tonnes of quartz-sulphide vein material is planned for its 100% owned Valentine Mountain Gold Project. The plan has been approved by BC government Ministry of Energy and Mines. The Valentine Project features a 7 X 0.5 km area of known gold-quartz vein occurrences. The focus of the planned bulk sampling program will be to excavate and assess the down-dip surface extension of the "B", "C" & "D" vein systems in the Discovery Zone (in a 0.5 X 0.2 km area). In addition to surface excavation, the gold-quartz vein material will be processed in 100 tonne per day, gravity bulk sampling plant on site. The intent of bulk sampling of the Discovery Zone is to process a total of 3,000 tonnes and determine and optimize parameters for possible future underground mining and mineral processing operations to recover gold from ore veins.

This release has been reviewed by Andris Kikauka, P.Geo, a Qualified Person pursuant to National Instrument 43-101.

ON BEHALF OF THE BOARD

William Glasier, President

This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

Shares issued: 12,146,539

Last Trading Price: $0.12

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release.

Contact Information