Typhoon Exploration Inc.
TSX VENTURE : TYP

Typhoon Exploration Inc.

June 19, 2008 09:44 ET

Typhoon Acquires Quebec Property With Chromium and Platinum Potential

LAVAL, CANADA--(Marketwire - June 19, 2008) - Typhoon Exploration Inc. ("Typhoon") (TSX VENTURE:TOO) announces that they have entered into an agreement to acquire a 100% interest in at least 140 mining claims (covering over 8 000 hectares) in the Thetford Mines area of Southern Quebec.

The rocks of the Thetford Mines Ophiolite Complex represent an historic chrome resource. Chromite (Cr) deposits were exploited intensely during both world wars, when European, African and Asiatic supplies of this strategic metal were cut off. Several million tons of historical resources are still available for mining. Recently, some of these deposits have been acquired to be re-evaluating for its ferrochromium potential as well as for their platinum group element (PGE) content. Just like the PGE market, Low Carbon Ferrochromium market improves positively in 2007-2008 by moving from 1.50 $ per pound to over 5.00 $ per pound. On May 12, 2008, Amseco Exploration Ltd, confirmed the presence of substantial PGE mineralization associated with chromite layers in pyroxenite unit. One of the best zones gave six meters of 5,2 g/t Pt plus Pd plus Rh and 7,01 per cent Cr.

The property acquired by Typhoon, which surrounds partially Amseco's discovery and one other major Chromite deposit, is characterized by several chromite showings as well as copper and gold showings. The company plans to start an exploration program early this summer.

Mr. Bertrand Brassard, P.Geo, M.Sc., Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.

The common shares of Typhoon Exploration are listed on the Venture Stock Exchange under the symbol "TOO".

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these "forward-looking statements". The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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