CALGARY, ALBERTA--(Marketwire - July 23, 2007) - TVI Pacific Inc.
("TVI" or the "Company") (TSX:TVI) is pleased to announce the
appointment of Joseph Bronneberg as Vice President, Finance and Chief
Financial Officer effective July 23, 2007. Mr. Bronneberg will report to
Clifford M. James, TVI's President and Chief Executive Officer.
Mr. Bronneberg has over 25 years of experience in senior financial
positions with a number of major companies, both international and
domestic, involved in the exploration and production of natural
resources. In addition to more than 10 years of experience in the
western Canadian mining industry, Mr. Bronneberg has also been involved
in international oil and gas exploration and development, and in oil
well contract drilling operations. He holds a Bachelor of Commerce
(B.Comm.) degree from the University of Alberta (1976) and has been a
member of the Canadian Institute of Chartered Accountants since 1978.
I am extremely pleased to welcome Joe to the TVI Pacific team," said
Cliff James, President and CEO of TVI. "With his extensive experience
and his in-depth knowledge of the resource sector, Joe will be a key
member of the executive team as TVI continues to firmly build its
platform for growth."
About TVI Pacific Inc. (TSX:TVI)
TVI Pacific Inc. is a publicly traded Canadian mining company
focused on exploring for and producing precious and base metals within
district scale systems in Asia.
In the Philippines, TVI's most advanced project, the Canatuan Mine
(the first foreign-invested, new, mining project in the Philippines
since the passage of the Philippine Mining Act of 1995), began mining
and milling operations in mid-2004, producing gold and silver dore
through its affiliate TVI Resource Development (Phils.) Ltd. ("TVIRD")
In 2006, TVIRD received a completed NI 43-101 feasibility study on the
Canatuan Sulphide project prepared by Norwest Corporation. The report
has been filed with certain securities regulatory authorities in Canada
and is available through the SEDAR website at www.sedar.com.
The Norwest study addresses the copper-zinc bearing massive sulphide
zone, or lower portion of the Canatuan Deposit. Construction of the
Sulphide Project at Canatuan is now underway. In addition, TVIRD holds a
2.5% NSR on the Philippine-based Rapu Rapu project operated by
Lafayette Mining Ltd. Exploration in the Philippines is being conducted
at Canatuan, in an effort to expand TVIRD's mineral resource base and to
find new deposits, at Balabag and at other areas which management of
TVI view as compelling exploration properties.
In China, TVI's wholly-owned Chinese subsidiary, Hunan Pacific
Geological Exploration Inc. ("HPGEI"), was the first foreign mining
company to be granted both WOFE status and a Qualified Explorer License.
The exploration program in China is focused primarily within the Golden
Triangle area, a prospective metallogenic region in China's
south-western provinces of Yunnan, Guizhou and Guangxi Autonomous
Region, and prospective areas in the Tibet Autonomous Region. HPGEI has
2,394 km2 of land under application in China in the Golden Triangle and
in the Tibet A.R.
TVI also has a Drilling Segment consisting of Exploration Drilling
Corporation ("EDCO"), a wholly-owned subsidiary of TVI Pacific Inc.
based in the Philippines, and Hunan Pacific Drilling ("HPD"), a segment
of HPGEI based in China, which generates revenue from contract drilling.
The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.
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