October 31, 2007 - The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 10, 2007.

Number of shares: 1.45 million flow-through shares
Purchase price: 35 cents per flow-through share
Warrants: 725,000 share purchase warrants to purchase 725,000 shares
Warrant exercise price: 45 for an 18-month period
Hidden placees: 17 hidden placees participated
Pro group: Dain Currie, 30,000

Finders' fees: Bolder Investment Partners Ltd. to receive $31,850 and 91,000 finder warrants, each exercisable for one share at a price of 35 cents per share for an 18-month period; Canaccord Capital Corp. to receive $5,950 and 17,000 finder warrants, each exercisable for one share at a price of 35 cents per share for an 18-month period

This news release shall not constitute an offer to sell or the solicitation of any offer to buy the securities in any jurisdiction. The common shares will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the U.S., or to a U.S. person, absent registration or an applicable exemption therefrom.

ON BEHALF OF THE BOARD OF DIRECTORS

"STUART ROGERS"

Stuart Rogers, Chief Financial Officer

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