SOURCE: Trade Winds Ventures Inc.

February 27, 2009 08:00 ET

Trade Winds Completes Initial NI 43-101 Mineral Resource Estimate for Detour Lake Gowest Property

VANCOUVER, BC--(Marketwire - February 27, 2009) - Trade Winds Ventures Inc. (TSX-V: TWD) (FRANKFURT: TVR) is pleased to report the results of a new mineral resource estimate on its 100% owned Detour Lake Gowest gold (Au) property. The Gowest property contains the western extension of the mineralized M Zone situated on the adjacent Block A property, a 50/50 joint venture with Detour Gold Corporation, located in northeastern Ontario.

The independent mineral resource estimate for Gowest was completed by Watts, Griffis and McOuat Limited ("WGM"), Consulting Geologists and Engineers of Toronto, Canada and complies with National Instrument 43-101, Standards of Disclosure for Mineral Projects. WGM has also completed the independent resource estimate for the Block A property, which is currently under study by our Joint Venture partner, and which will be published upon completion of the review.

Highlights

--  Indicated mineral resources of 2,171,629 grams Au or 87,374 ounces Au
    contained in 2.34 million tonnes ("Mt") grading 1.16 g/t Au (capped)
--  Inferred mineral resources of 4,683,533 grams Au or 150,579 ounces Au
    contained in  4.04 million tonnes ("Mt") grading 1.16 g/t Au (capped)
    

This new mineral resource estimate, not previously included in the December 2006 technical report prepared for Trade Winds by Golder Associates Ltd., contains data from 26 diamond drill holes totaling 18,528 meters completed during 2005 and 2006. The Gowest drilling program was designed to confirm the extension of the M Zone westward from Block A. A full NI 43-101 Technical Report describing the Gowest mineral resource estimate will be completed and filed on SEDAR within 45 days.

Summary of Gowest Mineral Resource estimate - gold deposit

-***-

RESOURCE    TONNAGE  AU GRADE   AU         AU
CUTOFF G/T     MT      G/T    M GRAMS   TROY OUNCES

-------------------------------------------------
INDICATED
    > 1.00    1.13     1.62    1.82        58,503
    > 0.70    1.79     1.33    2.38        76,445
    > 0.55    2.34     1.16    2.72        87,374
    > 0.50    2.54     1.11    2.82        90,777
    > 0.30    4.49     0.79    3.55       114,237

-****-

-***-

RESOURCE   TONNAGE   AU GRADE   AU        AU
CUTOFF G/T     MT       G/T    M GRAMS TROY OUNCES
--------------------------------------------------
 INFERRED
    > 1.00    1.99     1.60    3.19     102,484
    > 0.70    3.04     1.34    4.06     130,570
    > 0.55    4.04     1.16    4.68     150,579
    > 0.50    4.51     1.09    4.93     158,374
    > 0.30    7.35      .82    6.03     193,751
--------------------------------------------------
Note: 1 troy ounce = 31.10348 grams

-****-

To generate the mineral resource estimate the following data and methods were used:

* Mineral resources were estimated in conformance with the CIM Mineral Resource and Mineral Reserve definitions referred to in National Instrument ("NI") 43-101, Standards of Disclosure for Mineral Projects.

* The resource estimate database includes 26 diamond drill holes totalling 18,528 meters of drilling completed by Trade Winds during the period 2005 to 2006.

* All drill holes are diamond drill core and were sampled and assayed at 1 m sample intervals. A QA/QC program was in place during the drill program, which included the insertion of standards, duplicates and blanks at regular intervals.

* A three-dimensional (3D) geological and block model was generated using GEMS(c) software. A block model matrix size of 10x15x10 metres was selected in consultation with the engineering team from WGM and was based on the size that was deemed suitable for an open-pit mining scenario.

* The composite intervals selected were 3 meters downhole.

* Densities were determined for a representative number of rock lithologies using industry standard methods. The average value for each domain was applied to the block model with a background density of 2.80 for areas outside the domain boundaries.

* Geological rock type coding in the drillhole database led to the development of the 3D lithological domain models. These domains were utilized in the grade variography studies and in the grade interpolation constraints.

* For the treatment of outliers, each statistical domain was evaluated separately and a combination of high grade capping and search restrictions imposed on a low threshold values was used to restrict their influence. The procedure used allows the deposit to retain the high grade assays while limiting their influence during the interpolation.

* Ordinary Kriging was used for all domains. The interpolation was carried out in multiple passes with increasing search ellipsoid dimensions.

* Grade interpolation at the domain boundaries relied upon the soft/hard boundary determination from the statistical grade contact profiles.

* Classification for all models was based primarily on the pass number followed by an adjustment to the class model, based on a diamond drilling density map (core area and at depth) and the distance to the closest sample used in the interpolation using the variography results for guidance.

* Assumed gold price was US$ 700 / ounce.

The mineral resource estimate was completed by Mr. Pierre Desautels, P.Geo, a Senior Associate Geologist for Watts, Griffis and McOuat Limited, a Qualified Person as defined by NI 43-101. The material in this news release has been prepared and reviewed by Stephen Wallace, P.Geo, VP Exploration of Trade Winds, a Qualified Person defined by NI 43-101. Trade Winds has implemented a quality control program to ensure best practice in the sampling, analysis and security of the drill core. The complete NI 43-101 Technical Report will be filed on SEDAR at www.SEDAR.com within 45 days.

DIRECTOR APPOINTED

Craig Anderson has been appointed as an independent Director of Trade Winds Ventures effective immediately. Craig is a founder and Chief Executive Officer of North Sea Energy Inc., a Toronto-based North Sea oil and gas development and exploration company. In addition to managing a junior international oil & gas company, he has over 16 years of experience in the financial services industry including extensive experience financing international resource companies in the formative stages of their development. He carries the Chartered Financial Analyst designation as well as the Canadian Investment Manager designation.

Ian Lambert, CEO of Trade Winds, stated:"We are pleased to have Craig join us, as he will bring a breadth of financial industry and management experience to the Board as we focus on developing our assets at Detour Lake."

This press release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.

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