TVI Pacific Inc.
TSX : TVI

TVI Pacific Inc.

October 25, 2006 10:59 ET

TVI Pacific Announces Third Quarter Results Release Date and Webcast Details

CALGARY, ALBERTA--(CCNMatthews - Oct. 25, 2006) - TVI Pacific Inc. (TSX:TVI) ("TVI" or the "Company") announces that its financial results for the period ended September 30, 2006 will be released on the morning of Monday, November 6th, 2006. The Company will also provide a webcast presentation of its third quarter results, which will be given by Clifford M. James, President and CEO, and can be accessed using the instructions below. The pre-recorded webcast will be made available to the public starting at approximately 9:00 am MT on Monday, November 6, 2006.

Webcast:

To listen to this event, please enter the following link in your web browser to start the webcast. Information links will also be provided for any system requirements and software needed.

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1640760

For those who are not able to listen to the webcast on the day of the event, an archived version will be available for a 90 day period and can be accessed using the same link above.

An electronic copy of TVI's corporate presentation that accompanies the third quarter results will be made available on the Company's website (http://tvipacific.com/main/?&presentations) at approximately 9:00 am MT on November 6, 2006. Listeners are encouraged to follow along with the slides while listening to the webcast.

About TVI Pacific Inc. (TSX:TVI)

TVI Pacific Inc. is a publicly-listed Canadian mining company focused on exploring for and producing precious and base metals within district scale systems in Asia.

In the Philippines, TVI's most advanced project, the Canatuan Mine, (the first foreign-invested, new, mining project in the Philippines) began mining and milling operations in mid-2004, producing gold and silver dore. Mill throughput is currently over 1,800 dmtpd (generating approximately 160 -190 AuEqOz per day avg.) from a gossan/oxide zone. Further expansion of the mill's processing capacity is underway. TVI has received a completed feasibility study on the Canatuan Sulphide project prepared by Norwest Corporation. A NI 43-101 report based on the Norwest study, now filed on SEDAR, addresses the copper-zinc bearing massive sulphide zone, or lower portion of the Canatuan Deposit. Management anticipates that a separate plant will be constructed to process the sulphide ore if a determination is made to bring the Sulphide Project into production. In addition, TVI holds a 2.5% net smelter return (NSR) royalty on the Philippine-based Rapu Rapu project (the second foreign-invested, new, mining project in the Philippines operated by Lafayette Mining Ltd.). Exploration in the Philippines is being conducted at Canatuan (both to expand TVI's resource base and to find new deposits), and at Balabag, Tamarok and Tapisa, which management of TVI views as compelling exploration properties.

In China, TVI's wholly-owned Chinese subsidiary, Hunan Pacific Geological Exploration Inc. (HPGEI) is the first and only foreign mining company to be granted both WOFE status and a Qualified Explorer License. The exploration program in China is focused primarily within the Golden Triangle area, a highly prospective metallogenic region in China's south-western provinces of Yunnan, Guizhou and Guangxi Autonomous Region and prospective areas in the Tibet Autonomous Region. HPGEI has 2,394 sq kms of land under application in China in the Golden Triangle and in the Tibet A.R.

TVI also has a Drilling Division consisting of Exploration Drilling Corporation (EDCO), a wholly-owned subsidiary of TVI Pacific Inc. based in the Philippines, and Hunan Pacific Drilling (HPD), a division of HPGEI based in China, which generates revenue from contract drilling.

Contact Information

  • TVI Pacific Inc.
    Clifford M. James
    President and CEO
    (403) 265-4356
    or
    TVI Pacific Inc.
    Paul Moon
    Director, Corporate Communications
    (403) 265-4356
    (403) 264-7028 (FAX)
    Email: tvi-info@tvipacific.com
    Website: www.tvipacific.com