Typhoon Exploration Inc.
TSX VENTURE : TYP

Typhoon Exploration Inc.

January 29, 2008 09:45 ET

Typhoon Initiates Deep Drilling on The Fayolle Project

LAVAL, QUEBEC--(Marketwire - Jan. 29, 2008) - TYPHOON EXPLORATION INC. (TSX VENTURE:TOO) reports that it has received the results of a 3D Gocad compilation on all the data available on the Fayolle project produced by l'Unite de Recherche et de service en technologie minerale de l'Abitibi-Temiscamingue (URSTM-UQAT) and supervised by Francine Fallara, Geologist, M.SC.A.

Following this compilation Typhoon initiated an aggressive deep drilling campaign on the Fayolle project.

Typhoon will invest more than one million dollars ($1,000,000) in order to verify deep targets with diamond drilling.

These priority targets are similar to the albite and ankerite alteration of the Fayolle showing. The first is located in the north-west sector less than 200 metres from the project Aiguebelle-Goldfields (under option with Agnico-Eagle Mines Ltd www.agnico-eagle.com see "Typhoon" press release of March 9th, 2007 at www.explorationtyphon.com) and the second target is in the south-east area about 400 metres east of the drill hole FA-05-15.

M. Robert Gagnon, Geo. (OGQ), a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

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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