PMEA Blog

CALGARY, ALBERTA–(CCNMatthews - Feb. 27, 2007) - TVI Pacific Inc. (TSX:TVI) (or the “Company”) announced today that its Philippine affiliate, TVI Resource Development (Phils) Inc. (”TVIRD”) has moved to infill drilling at 25-metre spacing on the Tinago-Miswi-Lalab veins at its Balabag Property - located in the Zamboanga Peninsula in Southern Philippines - to delineate the local epithermal gold vein system further and to determine the consistency of reported mineral values. A preliminary scoping study to assess the Tinago-Miswi-Lalab mineralized zone is expected to be completed in mid-2007.

Certain statements in this News Release constitute forward-looking statements, including statements respecting the timing of a scoping study to assess the Tinago-Miswi-Lalab mineralized zone. Readers should refer to the cautionary statement that appears at the end of this News Release.

TVIRD also reported encouraging metal values from its now completed 50-metre spacing exploration drilling program in Balabag: ranging up to 103.92 grams per ton (gpt) of gold (Au) and up to 5,234.30 gpt of silver (Ag) over approximately one metre. These metal values were reported from assay laboratory results on samples collected from the exploration program since the Company’s January 9, 2007 news release.

The Balabag Property is located approximately 75 km East-Northeast of TVIRD’s producing Canatuan Mine.
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