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Trade Winds Ventures Plans to Release 43-101 Resource Estimate in Late October on Block A Detour Lake, Ontario

Posted on: Thursday, 19 October 2006, 09:00 CDT

Trade Winds Ventures Inc. (TSX-V: TWD) (FRANKFURT: TVR) is pleased to report the 43-101 resource estimate conducted by Golder Associates Ltd. for Trade Wind's Block A property at Detour Lake is planned to be released before the end of October, 2006.

The resource estimate will be completed using the multiple indicator kriging method (MIK) with all gold grades above 20.0 grams/tonne spatially restrained. The 3D Vulcan modelling has been completed, the kriging and preliminary resource block models have been completed, and the 43-101 report is now being drafted. The resource estimate will include both inferred and indicated resources.

On September 22, 2006 Pelangio Mines Inc. released a 43-101 compliant resource estimate with an indicated resource of 20,045,000 tonnes grading 2.14 g Au/t containing 1,379,500 ounces and an inferred mineral resource of 35,435,500 tonnes grading 1.8 g Au/t containing 2,035,650 ounces of gold from the adjacent Detour Lake Mine Property. Pelangio's near surface resources were estimated using a 0.85 gram/tonne gold cut-off, with all gold values above 20.0 grams/tonne cut to 20.0 grams/tonne. Pelangio's mine property is immediately east of and contiguous to Trade Wind's Block A property, the subject of a pending 50/50 joint venture between Trade Winds and Pelangio.

Critical factors:

* Historically, the Detour Lake Mine generated combined production, reserves and resources of over 1.0 million ounces of gold for approximately 1.0 kilometre of strike length, for which Pelangio's recently released resource estimate has provided further confirmation.

* The Mine and Block A properties both contain the similar stratigraphic and structural settings.

* Trade Winds has now drill tested the M Zone on Block A and Gowest over a 4.0 kilometre strike length. As the majority of drilling is widely spaced in the west sections of the structure, the initial resource estimate will only encompass approximately one third of the M Zone structural corridor, mostly in the eastern near surface portion.

* Both Pelangio Mines and Trade Winds have focused most of their exploration by drill testing Detour Lake deformation zones in the hanging wall of the Mine Property Main Zone and the M Zone respectively. The Mine Property Main Zone was previously mined by Placer Dome.

* Limited drilling by Pelangio along the Mine Property Main Zone resulted in the discovery of higher-grade gold mineralization, reported in 2005. Trade Winds has not yet tested the Main Zone stratigraphy, which also extends onto Block A.

* On August 22/2006 - Pelangio announced that it has reached an agreement with a newly formed company, Detour Gold Corporation. Under the agreement, Pelangio's Detour Lake Property (all its Detour assets including its interest in Block A, currently the subject of a pending joint venture with Trade Winds) will be transferred to the new company.

Previously reported, significant fire assay gold results from both the 100% owned Gowest Project and Block A option (50%) are listed below in Table 1. The majority of the intercepts reported below are from the M Zone mafic/ultramafic contact over a 4.0 kilometre strike length.

 TABLE 1 -- Significant Fire Assay Gold Results -------------------------------------------------------------------------- Section      Hole Name      From        To     Length    Composite assays -------------------------------------------------------------------------- (Easting)                   (m)        (m)       (m)    (Grams/tonne gold) -------------------------------------------------------------------------- 16740        TWDDH-129     149.00     152.00     3.00         46.63 -------------------------------------------------------------------------- 16740        TWDDH-143     108.00     116.00     8.00         64.38 -------------------------------------------------------------------------- 16540        TWDDH-159     108.00     113.00     5.00         15.28 -------------------------------------------------------------------------- 16400          464-066     139.00     148.00     9.00          7.66 -------------------------------------------------------------------------- 16380        TWDDH-165      63.00      74.00    11.00          5.93 -------------------------------------------------------------------------- 16340        TWDDH-180     284.00     288.00     4.00         89.26 -------------------------------------------------------------------------- 16340        TWDDH-163      61.00      70.00     9.00          6.56 -------------------------------------------------------------------------- 16300        TWDDH-175     339.00     340.95     1.95         60.76 -------------------------------------------------------------------------- 16260        TWDDH-073     100.00     104.65     4.65         18.09 -------------------------------------------------------------------------- 16260        TWDDH-153      78.00      87.00     9.00          8.31 -------------------------------------------------------------------------- 16260        TWDDH-156      42.00      55.25    13.25          4.05 -------------------------------------------------------------------------- 16180        TWDDH-065      73.00      89.00    16.00          2.87 -------------------------------------------------------------------------- 16100        TWDDH-074     320.00     332.00    12.00          2.63 -------------------------------------------------------------------------- 15940        TWDDH-128     124.00     127.50     3.50         12.91 -------------------------------------------------------------------------- 15860        TWDDH-055     225.80     233.30     7.50          6.83 -------------------------------------------------------------------------- 15780        TWDDH-053     240.00     246.30     6.30         20.35 -------------------------------------------------------------------------- 15620        TWDDH-045     292.00     298.24     6.24          9.66 -------------------------------------------------------------------------- 15540        TWDDH-185      83.00      96.00    13.00          4.12 -------------------------------------------------------------------------- 15180        TWDDH-174     444.00     448.00     4.00         12.07 -------------------------------------------------------------------------- 14900        TWDDH-004     489.60     516.00    26.40          3.05 -------------------------------------------------------------------------- 14820          439-008     813.00     840.53    27.53         28.72 -------------------------------------------------------------------------- 14740        TWDDH-027     557.00     582.00    25.00          2.05 -------------------------------------------------------------------------- 14420          439-013     912.50     935.00    22.50          5.372 -------------------------------------------------------------------------- 14420        TWDDH-010     629.00     640.00    11.00          9.53 -------------------------------------------------------------------------- 14020       TWDDH-012A     918.00     929.00    11.00          8.2 -------------------------------------------------------------------------- *13150      TWDDH-033F     999.00    1007.00     8.00         15.82 -------------------------------------------------------------------------- *12820      TWDDH-107H    1128.00    1137.90     9.90          5.09 -------------------------------------------------------------------------- True width is estimated to be between 65-75% of core length. * Composites from Trade Wind's 100% owned Gowest Project, remainder from   Block A. 

Mr. Lorne Warner, P. Geo., is the qualified person for the Trade Winds Detour Lake projects and worked for Placer Dome at Detour Lake from 1992-1996. Trade Winds, as operator of the projects, have implemented a quality control program to ensure best practices in the sampling and analysis of the drill core. All fire assay results are being provided by ALS Chemex, North Vancouver, BC, an ISO 9001:2000 and ISO 17025 accredited laboratory.

Visit our Website at www.tradewindsventures.com

WARNING: The Company relies upon litigation protection for "forward-looking" statements.

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

Distributed by Filing Services Canada and retransmitted by Market Wire

 FOR FURTHER INFORMATION PLEASE CONTACT: Ian D. Lambert President & CEO (604) 675-7637  Investor Relations (877) 811-4518 Ext 231 Email: Contact via http://www.marketwire.com/mw/emailprcntct?id=D02CE3D573310F69  www.tradewindsventures.com

SOURCE: Trade Winds Ventures Inc.

Source: MARKET WIRE

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