TIMMINS, ONTARIO -- (MARKET WIRE) -- 10/02/07 -- Trade Winds
Ventures (TSX VENTURE: TWD)(FRANKFURT: TVR) is pleased to announce
more results of its 13,000 metre 2007 winter diamond drill program on
Block A at Detour Lake, Ontario. Block A is being explored as a 50/50
Joint Venture between Detour Gold Corporation (TSX: DGC) (50%) and
Trade Winds (50%), the operator during the exploration phase.
http://www.tradewindsventures.com/index.php?option=com_content&task=view&id=128&Itemid=9
Mr. Alex Burton, P. Eng., P. Geo., is the qualified person for Trade
Winds' projects at Detour Lake. Trade Winds, as operator of the
projects, has implemented a quality control program to ensure best
practice in the sampling and analysis of the drill core. All fire
assay results are being provided by ALS Chemex.
Management is looking to increase shareholder value by working
towards the completion of the spin-out of its Tuole Gold/Copper and
the Silu Zinc/Lead projects, located in the Peoples Republic of
China, to a wholly owned subsidiary. Western China Mining ("WCH")
proposes to list on a Canadian stock exchange following an Initial
Public Offering (IPO) to fund the development programs for these
projects. It is expected that TWD would own approximately 50% of WCH
prior to the distribution to shareholders.
WARNING: The Company relies upon litigation protection for
"forward-looking" statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this
press release.
Contacts:
Trade Winds Ventures Inc.
Ian D. Lambert
CEO/President
(604) 742-2522
Trade Winds Ventures Inc |