Typhoon Exploration samples 22.66 ppm Au at Monexco

2008-12-03 09:16 ET - News Release

Mr. David McDonald reports

TYPHOON EXPLORATION SHOWS MONEXCO A GOLD-BEARING POTENTIAL

Typhoon Exploration Inc. is confirming the gold-bearing potential of the Monexco property located in Chibougamau, Que.

Work carried out in 2007 has allowed the company to define a geological structural model. Further to the 2-D Gocad compilation and 2008 exploration works, the pre-established model seems to take shape at the junction of N40E structures and the deformation corridor in staircase and/or in level.

The site observations, compilation and channel sampling are showing that this structural assembly allowed the concentration of the gold-bearing mineralization inside a corridor, defined to date on approximately 400 metres east-west by 120 metres north-south.

The best stripping analysis results of summer 2008 have confirmed the past results inside the mineralized corridor.

Stripping       Sample         Au (ppm)     Length (m)    Average (ppm/m)

                812545            1.95            0.5          2.065/1.0
                812546           2.185            0.5
                566553           1.977            0.5
                566554           1.698            0.5
                566555           3.403            0.5
                566556          11.573            0.5          5.579/3.5
No. 1           566557           1.304            0.5
                566558           1.851            0.5
                566559          17.246            0.5
                566561           0.381            0.5
                566562           0.795            0.5           4.23/1.5
                566563          11.514            0.5
                566826          10.089            0.5
                566827           0.353            0.5          3.487/1.5
                566828           0.018            0.5
VG              566813          16.014            0.5         11.034/1.0
                566814           6.054            0.5
                812524           0.011            0.5          0.598/1.0
                812525           1.186            0.5
VG East         566811            4.57            0.5          2.322/1.0
                566812           0.074            0.5
                566869           3.715            0.5
Riv. North      566870          22.661            0.5          8.757/2.0
                566871            3.14            0.5
                566872            5.51            0.5

During the 2008 exploration season, prospecting and mapping with sampling of the property northeast and east area revealed the possibility to expand the gold-bearing corridor with significant gold values in selected samples. The best results were 29.9 grams per tonne (g/t), 13.8 g/t, 12.1 g/t, 38.2 g/t and 32.7 g/t, gold.

Robert Gagnon, PGeo, technical adviser, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

We seek Safe Harbor.