Typhoon Exploration Inc.

Typhoon Exploration Inc.

October 19, 2010 13:30 ET

Typhoon Comments on the First Four Drill Assay Results from the Fayolle Project

LAVAL, CANADA--(Marketwire - Oct. 19, 2010) - Typhoon Exploration inc. (TSX VENTURE:TYP) would like to expand on the recently released drill results from holes FA-10-01 to FA-10-04 on September 29th 2010 where only high grade gold values were made public.

The new drilling strategy use till now, put priority on N-NW unexplored structural features. The new drill pattern permits to improve the continuity of the high grade mineralized zones. They are oriented NNW and hosted within a large E-W deformation corridor which the Fayolle deposit and its mineralization is circumscribed.

It is important to note that several auriferous zones were intersected both below and above the high values that were obtained in holes FA-10-01 to FA-10-04.

DDH FA-10-04

The gold zone of 112.5 g/t Au over 6 metres, is followed by three (3) other gold zones of 5.2 g/t Au over 2 metres between 109 and 111 metres; 1.1 g/t Au over 3 metres between 135 and 138 metres; and 2.4 g/t Au over 2 metres between 160 and 162 metres. 

DDH FA-10-03

This hole has intersected 1.3 g/t Au over 11.0 metres between 158 and 169 metres, 1.29 g/t Au over 5 metres between 187 and 192 metres, 6.4 g/t Au over 3 metres between 209 and 212 metres; and 0.8 g/t Au over 4.5 metres between 220.5 and 225 metres

DDH FA-10-02

Several very anomalous zones were intersected by this drill hole one of which ran 0.5 g/t Au over 7.6 metres between 17.4 and 25 metres; 0.6 g/t Au over 7.0 metres between 35 and 42 metres; 0.8 g/t Au over 12.5 metres between 137.5 and 150 metres; and 5.7 g/t Au over 2 metres between 250 and 252 metres.

DDH FA-10-01

The hole FA-10-01 has intersected some anomalous auriferous values above the recently announced high grade zone of 33.14 g/t Au over 1.5 metres between 192 and 193.5 metres. These anomalous zones have revealed 0.6 g/t Au over 8 metres between 145 and 153 metres; 0.4 g/t Au over 5 metres between 160 and 165 metres; and 0.5 g/t Au over 4 metres between 168 and 172 metres.

A complete table of results of the four (4) diamond drill holes is now shown on our web site. (http://www.explorationtyphon.com/index.php?option=com_content&view=article&id=56&Itemid=72&lang=en)

Mr. Robert Gagnon, P. Geo. (OGQ), from Typhoon Exploration Inc. and Mr. Daniel Gaudreault ing., Geo. (OIQ) from Geologica Groupe-Conseil Inc., Qualified Persons as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

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

A map of Fayolle Project is available at the following address: http://media3.marketwire.com/docs/typ_map_1019.jpg

Forward-Looking Statements

This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Typhoon. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Typhoon will derive therefrom. Forward-looking information is based on the estimates and opinions of Typhoon's management at the time the information is released and Typhoon does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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