Typhoon Exploration Inc.

Typhoon Exploration Inc.

July 10, 2008 10:30 ET

Typhoon Explores Monexco, Opinaca, Cote-Nord and Fayolle

LAVAL, CANADA--(Marketwire - July 10, 2008) - Exploration Typhon Inc. (TSX VENTURE:TOO) announces that several exploration campaigns are underway on the Monexco (Chibougamau), Opinaca (Baie James), Cote-Nord (Cote-Nord), and Fayolle (Rouyn-Noranda) properties, all owned 100% by Typhon.

- Monexco: The new VG gold-bearing zone, sampled in the summer of 2007,
has yielded coarse, angular fragments of native gold and a
value of 40 g/t Au over one (1) meter (Au, metallic sleeve).
The other sampled sites yielded values of 12,49 g/t Au over 1
meter, and 8,47 g/t Au over 1 meter (see Press Release dated
March 11, 2008). This new mineral showing, located at more
than 150 meters from the Monexco showing, linked to an IP
(induced polarisation) anomaly parallel to the France river
East-West deformation corridor. Typhon is currently verifying
the connection to the Monexco gold-bearing zone through
stripping, channel sampling, induced polarization survey,
glacial and creek sediment surveys, mapping and prospecting.

- Opinaca: Work on this property involves checking if there is presence
of gold, uranium and diamond.

- Cote-Nord: Spectrometer prospecting and mapping are underway over the
entire property in order to check if there is presence of

- Fayolle: Preparation for the new drill campaign, which will begin in
autumn, 2008.

And finally, the agreement to purchase a chrome and platinum-bearing property announced on June 19 was not concluded. Therefore, the parties involved have both agreed to end the discussions.

Mr. Robert Gagnon, P. Geo., Technical Advisor, a Qualified Person 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 Venture Stock Exchange under the symbol "TOO".

- True thicknesses are not accurately known at this time; in some cases they may be less than the core lengths reported.

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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