Winfield Resources Limited
TSX VENTURE : WWF

Winfield Resources Limited

January 05, 2007 13:48 ET

Winfield Resources Limited: New Year Review

VANCOUVER, BRITISH COLUMBA--(CCNMatthews - Jan. 5, 2007) - Winfield Resources Limited (TSX VENTURE:WWF) -

ENCINITAS, TEXAS

Loudon Explorations, Inc. has withdrawn their Encinitas Property from the market. WINFIELD has retired its financiers and technical support.

AZZAWIYA REFINERY LIBYA REFURBISHMENT

WINFIELD has prepared and advanced its budget recommendations onto CKG Libya Branch; our joint venture partner, with respect to the refurbishment of the Azzawiya Refinery, for their review and comment.

NORTH AFRICA

WINFIELD is making application for its own account; to build, own and operate a new oil refinery. This initiative comes with the encouragement of the local Authorities

EMIRATES

WINFIELD has engaged Mr. David McClement, P.Eng. to review the economics of refurbishing the Fujairah Refinery, located in the Emirate State of Fujairah.

HIGH LEVEL ALBERTA ETHANOL - FEEDLOT FACILITY

WINFIELD awaits a January 2007 feasibility report from TDI TECHNOLOGIES on a proposed new 20 million litre per year integrated ETHANOL - FEEDLOT Facility

NORTHERN BRITISH COLUMBIA ETHANOL FACILITY

WINFIELD is conducting due diligence on a particular technology license that uses wood waste as its feed stock to create fuel ETHANOL. Upon confirmation of its utility, WINFIELD will engage TDI TECHNOLOGIES INC. to prepare a full Feasibility Report on a wood waste to ETHANOL Facility for a Northern BC location.

EAST AFRICA

WINFIELD has engaged TDI TECHNOLOGIES INC. to respond to the invitation from an East African country to investigate the potential of engineering, procuring, constructing and managing a fuel ETHANOL Facility using indigenous feed stocks.

On behalf of the Board

Robert Michael Foley, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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