Treasure Mountain North Acquisition PDF Print E-mail
TRADE WINDS ACQUIRES OPTION ON TREASURE MOUNTAIN NORTH PROPERTY

Terrace, BC, November 5, 2007 – Trade Winds Ventures (TSX-V: TWD, FSE: TVR) is pleased to announce that it has entered into a letter of intent with Douglas Richard McRae ("McRae") whereby Trade Winds has the option to earn an undivided 100% proportionate legal and beneficial interest in five additional tenures at the Treasure Mountain North property located in the Omenica Mining Division, near Terrace, B.C.

Terms of the deal call for Trade Winds to pay $10,000 and issue 50,000 shares to McRae within fifteen days of acceptance of the agreement by the TSX Venture Exchange, issue a further 75,000 on August 31, 2008 and 75,000 shares on August 31, 2009, pay a further $30,000 in trances on the same dates the shares are issued and spend $200,000 as operator over two years on the property to earn 100% interest. If Trade Winds completes the option to acquire 100%, McRae will retain a 2% Net Smelter Return. Trade Winds has the right to purchase 1.5% of the NSR from McRae within one year of commencement of production for the amount of CAD $1,000,000. This transaction is subject to the acceptance of the TSX Venture Exchange.

The new Treasure Mountain North property is directly north of and adjoins the Trade Winds’ 100% owned Treasure Mountain copper project.  These Treasure Mountain properties are located approximately 30 km by road due east of Terrace, B.C. They host a copper mineralized belt of over 6 kilometres strike length, and the Treasure Mountain North property represents what is believed to be an extension of this system.  Historical grades are reported from several showings ranging from trace to over 10% copper with associated gold and silver values (non NI 43-101 compliant data).

On the current Treasure Mountain property, during the 2006 field season exploration work was centered on the “Purdex” showings at the southeastern end of the belt where at least three mineralized volcanic breccia beds were identified.  New areas of copper mineralization were identified in the northern section of the current property in 2006 which was included in the 2007 drilling and blasting program.  Exploration concentrated on exposing mineralization between the known showings to display the continuity of this long belt that may continue on to the newly acquired Treasure Mountain North property.  The results of and a report on the 2007 work program is pending.

Mr. Alex Burton, P. Eng., P. Geo., is the qualified person for Trade Winds’ projects at Treasure Mountain.  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 assay results are being provided by ALS Chemex.  

FOR FURTHER INFORMATION PLEASE CONTACT:
Ian D. Lambert, CEO/President (604) 742-2522             
Terry McGee, Investor Relations Toll Free (877) 811-4518 ext 228 or (604) 742-2531


Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it


Visit our Website at www.tradewindsventures.com


This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.



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