Bonaventure Enterprises Inc. Vancouver, B.C.,TSX.V : BVT., is a mineral exploration company focused on developing a diversified portfolio of excellent uranium properties in Canada and promising gold properties in Nevada, with the goal of establishing National Instrument 43-101 compliant Mineral Resources in the near term.

The property portfolio consists of uranium and gold exploration assets. The Company has a 100% interest in the flagship K9 Uranium Property located in the James Bay region in Quebec, as well as other uranium assets located in the North Shore region of Quebec and in the Athabasca Basin in Saskatchewan.

"Bonaventure acquired K9, where there is evidence of a near surface, larger volume and lower grade uranium system. Phase 2 drilling to date will be instrumental in establishing a three-dimensional geological and mineralization model for the A-B Zones of a 4.5 km segment of the 7 km long K9 Uranium Corridor.

There are still four other kilometric sized radiometric uranium anomalies at K9 that will require testing during the 2009 summer campaign."

2008 Phase 2 Drill Program at K9 - January to May 2008

Bonaventure initiated the first 10,000 m of the Phase 2 - 20,000 m delineation drilling program in January 2008. Due to more difficult drilling conditions, only 4,265 m in 25 drill holes (Phase 2A) of the B zone portion of the anomaly were completed by May 2008 (refer to the Bonaventure news release dated July 10, 2008). Priority sampling on 15% of the drill core assayed at the time showed that:

- 23 of 25 drill holes intersected uranium mineralization with 19 holes showing grades of 0.10 kg/t U3O8 or better;

- 5 drill holes (K9-03, 09, 11, 13 and 21) intersected 50 m to 100 m wide of 0.01% (0.2 lbs/ton) U3O8;

- K9-03 intersected 0.025% (0.5 lbs/ton) U3O8 over 5.1 m and 0.013% (0.26 lbs/ton) U3O8 over 11.2m; and the

- uranium uncovered in the 2007 surface sampling continues at depth, 125 m to 150 m below surface, as a series of uranium enriched zones of variable widths, five of which are minimum 50 m wide set in the least prospective "B" zone portion of the K9 Uranium Corridor.

Bonaventure has now completed the sampling on the remaining 85% of the drill core in 1.5 m intervals from the initial Phase 2A drilling, producing an additional 2,430 drill core samples.

2008 Phase 2 Drill Program at K9 - July to November 2008

Drill crews returned to K9 in Q3-2008 and drilled an additional 3,711 m in 34 holes in the Phase 2B campaign to test the more prospective 2.5 km long by 1 km wide "A" Zone. A total of 2,420 drill core samples were taken.

All 4,850 drill core samples from the Phases 2A and 2B (7,940 m in 59 holes) were just shipped to the ALS Laboratory Group facilities in Val-d'Or (Quebec) for sample processing and eventual uranium-thorium assaying with additional laboratory standards, blanks and duplicates at their Vancouver (British Columbia) facility. Assay results are pending.

Mr. Jean Lafleur, P. Geo., President and CEO, stated, "Bonaventure made a major transition in 2007 going from gold-only assets in Nevada to gold and uranium assets across North America. Bonaventure is in the second year of a 3 year business plan set out in 2007, focused on the exploration, discovery and development of projects located in major mining districts with the potential of discovering low cost uranium and gold mineral resources exceeding 100 million pounds of U3O8 and greater than 1 million ounces of gold - energy for the future with a precious metal hedge."

Nevada

The Company holds highly prospective gold exploration properties in Nevada with the potential to host Carlin-type gold deposits.

The Company has an option agreement to acquire up to 60% interest in the New Pass Property located in Austin, Nevada and the Squaw Creek Property located on the northern extension of the Carlin Trend in northern Nevada.

The Company also holds a 100% interest in the Goldfields, Cottonwood, Jet and Northern Lights properties located in western and southern Nevada.

The 3,020 acres (12.2 km2) Squaw Creek Property and 2,140 acres (8.7 km2) New Pass properties are under a joint venture with White Knight Gold (U.S.) Inc., a wholly owned subsidiary of U.S. Gold Corporation (TSX: UXG

Uranium Properties

· K9 Uranium Corridor

· Four Lakes Athabasca Basin

· North Shore Quebec

Gold Properties

· New Pass Property

· Squaw Creek Property

· Cottonwood Property

· Goldfield West Property

· Northern Lights PropertyJet Property

Diamond Properties

· Four Lakes Athabasca Basin

Trading Symbol: BVT - TSX Venture

Trading Symbol: YQG - Frankfurt Stock Exchange

Trading Symbol: BVTEF - OTC Bulletin Board