PMEA Blog

CALGARY, ALBERTA–(CCNMatthews - Feb. 22, 2007) - TVI Pacific Inc. (TSX:TVI) (”TVI” or the “Company) announced today that the Company’s Drilling Segment produced strong operations results in 2006, drilling 58,946 metres for exploration contractors in the Philippines and China, representing a 204% increase in production compared with 19,370 metres drilled in 2005.

Certain information set out in this News Release constitutes forward-looking information, including information relating to anticipated increases in demand for Drilling Segment services in 2007 and the effect of new contracts and contract extensions on future operating periods. Readers should review the cautionary statement respecting forward-looking information that appears at the end of this News Release

Financial information reflecting the effect of the improved operating results on the financial performance of the Drilling Segment, as well as the Segment’s contribution to the consolidated earnings of the Company for 2006, will be made available following approval of the Company’s annual consolidated financial statements by the Board of Directors.

The Drilling Segment, consisting of Exploration Drilling Corporation (”EDCO”), a wholly-owned subsidiary of the Company in the Philippines; and Hunan Pacific Drilling (”HPD”), a division of Hunan Pacific Geological Exploration Incorporated (”HPGEI”), a wholly-owned subsidiary of the Company in China, provided drilling services for major clients in the Philippines and China, several on a repeat and multi-drill operations basis.

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