SOURCE: Trade Winds Ventures Inc.

February 16, 2006 16:00 ET

Trade Winds Proceeding With Winter Program on the Aurora Property at Detour Lake Gold Project, Ontario

TIMMINS, ON -- (MARKET WIRE) -- February 16, 2006 -- Trade Winds Ventures (TSX-V: TWD) is pleased to report that its winter diamond drilling program has commenced on the Aurora gold project near Detour Lake, Ontario. Trade Winds has an option from Conquest Resources Limited (TSX-V: CQR) to earn up to a 70% interest in Conquest's Aurora gold property located in the Detour Lake Camp. The Aurora Property comprises a group of 12 leases totalling some 6,770 hectares, situated in the South Detour Lake Area, Porcupine Mining Division in the District of Cochrane, Ontario. The Aurora Property lies approximately 4 km south of the Detour Mine and Trade Winds' other Detour Lake Block A and Gowest properties, measures approximately 16 km in length, and varies from 4 to 5 km in width.

The first phase of the 2006 winter program entails nine NQ diamond drill holes, averaging 250 metres in length. The purpose of the winter program is to further evaluate the geometry and style of gold mineralization occurring within the extension of the GB Zone, the Central and Northern Shear Zones as well as untested geophysical anomalies (IP) and gold geochemical anomalies outlined from this summer's MMI soil program.

Prior to commencement of drilling, two bridges were constructed according to MNR guidelines. The series of approximately 5 kilometres of roads through the bush were created and all of the holes planned for the Aurora property have been spotted, pads have been made and roads to the pump shacks have been ploughed. All the bulldozer work has been completed on the property and the drill has been mobilized to the site of the first hole. Drilling commenced on hole TWCQ-016 on Monday February 13th, 2006.

Mr. Lorne Warner, P. Geo., Is the qualified person for Trade Winds' Detour Lake projects. Trade Winds, as operator of the projects, have implemented a quality control program to ensure best practice in the sampling and analysis of the drill core. All fire assay results are being provided by ALS Chemex.

WARNING: The Company relies upon litigation protection for "forward-looking" statements.

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

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:

    Ian D. Lambert
    President & CEO
    (604) 742-2522

    Terry McGee
    Investor Relations
    (604) 742-2531
    Toll Free (877) 811-4518 Ext 228

    Email: Email Contact
    Visit our Website at www.tradewindsventures.com

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