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TVI Files NI 43-101 Technical Report on the Balabag Resource Estimate

August 09, 2007

CALGARY, ALBERTA--(Marketwire - Aug. 9, 2007) - TVI Pacific Inc. (TSX:TVI) ("TVI" or the "Company") announced today that it has filed a National Instrument 43-101 ("NI 43-101") technical report on SEDAR (www.sedar.com) regarding the mineral resource estimate of select zones (the Tinago-Miswi-Lalab vein system) within its Balabag prospect. The Balabag Property is located on the Zamboanga Peninsula in the Southern Philippines approximately 75 km east-northeast of the producing Canatuan Mine, operated by TVI's Philippine affiliate TVI Resource Development (Phils.) Inc. ("TVIRD"). This news release should be read in conjunction with the release issued on June 27, 2007, "TVI Provides Initial Balabag Prospect Resource Estimates".

Certain statements in this News Release constitute forward-looking statements, including statements respecting further exploration activities, the timing of the scoping study to assess the Tinago-Miswi-Lalab mineralized zone and details regarding a potential full feasibility assessment and detailed engineering of the Balabag project. Readers should refer to the cautionary statement that appears at the end of this News Release.

The Balabag mineral resource estimate prepared by P.J.Lafleur Geo-Conseil Inc., and reproduced in the table below, is based on the 76 hole drill exploration program completed to the end of February, 2007. Using a greater than 0.5 g/t grade group, indicated resources showed 1.37 million tonnes ("Mt") averaging 2.9 grams per tonne ("gpt") gold ("Au") and 84.3 gpt silver ("Ag"), or 203,700 gold equivalent ounces ("AuEqOz"), with inferred resources amounting to 1.96 Mt averaging 2.6 gpt Au and 55.2 gpt Ag, or 234,200 AuEqOz. Readers are cautioned that such estimates remain conceptual in nature and mineral resources which are not mineral reserves do not have demonstrated economic viability.

Importantly, newly discovered vein exposures potentially extend the mineralized zones up to 150 metres to the east and at depth. Additional follow up work, including drilling and continued assaying of trench samples, is being pursued on a priority basis.

As previously disclosed, a scoping study to assess the Tinago-Miswi-Lalab mineralized zone at Balabag is currently underway and is expected to be completed in the third quarter of 2007. The scoping study assessment is being undertaken at this stage of the project to provide an economic analysis of the potential of the Balabag Project to become a stand alone, commercial mining operation based on the currently known mineral resources. It is anticipated that the scoping study will lead into a full feasibility assessment and detailed engineering of the project. An expanded infill drilling program is also expected to resume upon the completion of the scoping study to further define the current vein system and explore the new vein occurrences.



Balabag Mineral Resource Estimates - Cumulative (at variable grade groups)

(@ $650/Oz Au & $13.5/Oz Ag)
----------------------------------------------------------------------------
Grade Au Ag AuEq
Group Class. Tonnage (gpt) AU_OZ (gpt) AG_OZ (gpt) AUEQ_OZ
----------------------------------------------------------------------------
Greater
than 2.0
gpt Au Indicated 695,128 4.5 101,452 133.0 2,972,660 7.3 163,192
----------------------------------------------------------------------------
Greater
than 1.0
gpt Au Indicated 1,091,970 3.4 119,912 100.6 3,531,287 5.5 193,254
----------------------------------------------------------------------------
Greater
than 0.5
gpt Au Indicated 1,371,105 2.9 126,507 84.3 3,716,842 4.6 203,703
----------------------------------------------------------------------------
0.0 - 0.5
gpt Au Indicated 314,820 0.3 2,834 9.3 93,665 0.5 4,779
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Total Indicated 1,685,925 2.4 129,341 70.3 3,810,507 3.8 208,482
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Grade Au Ag AuEq
Group Class. Tonnage (gpt) AU_OZ (gpt) AG_OZ (gpt) AUEQ_OZ
----------------------------------------------------------------------------
Greater
than 2.0
gpt Au Inferred 821,521 4.5 118,864 96.9 2,560,532 6.5 172,045
----------------------------------------------------------------------------
Greater
than 1.0
gpt Au Inferred 1,488,853 3.1 150,300 65.9 3,152,794 4.5 215,781
----------------------------------------------------------------------------
Greater
than 0.5
gpt Au Inferred 1,957,168 2.6 162,056 55.2 3,471,890 3.7 234,165
----------------------------------------------------------------------------
0.0 - 0.5
gpt Au Inferred 498,254 0.2 3,845 8.3 133,411 0.4 6,615
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Total Inferred 2,455,422 2.1 165,901 45.7 3,605,301 3.1 240,780
----------------------------------------------------------------------------

Notes:
1. Indicated: within 25m Search Radius (SR) of at least two drill holes;
Inferred: between 25 and 150m SR of at least one drill hole
2. The estimation method used geostatistical block modeling techniques,
using Ordinary Krigging grade interpolation and capping values set at
50gpt Au and 1000gpt Ag
3. The Company is not aware of any environmental, permitting, legal, title,
taxation, socio-political, marketing or others issues that may materially
affect the estimate of mineral resources
4. Mineral resources which are not mineral reserves do not have demonstrated
economic viability
5. Metallurgical recoveries and net smelter returns have not yet been
determined
6. There is no assurance, at this time, that the mineralization at Balabag
will support a commercial mining operation


The foregoing is a summary only of information contained in the full 43-101 report. Readers should refer to the full 43-101 report for more detail concerning the information summarized in this news release. The information set out in the table above and detailed in the 43-101 report represents an estimate only and actual results may differ materially.

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.

Pierre-Jean Lafleur of P.J. Lafleur Geo-Conseil Inc., is serving as the Qualified Person ("QP") for the purposes of the Balabag Resource Estimate and has reviewed this news release. Carl L. Caumartin BSc, P.Eng., MBA, Vice President, Exploration of TVI Pacific Inc. is serving as TVI's QP (as contemplated by National Instrument 43-101 (Standards of Disclosure for Mineral Projects)), for purposes of the Balabag exploration project. Mr. Caumartin has reviewed and approved this news release and has verified the data, including sampling, analytical and test data, set out in this news release. The Canatuan Assay Lab, Philippines, an accredited laboratory, performed the sample preparation and assaying for the current sampling phase (since the beginning of 2007) of the exploration project at Balabag. Gold analysis was by 50 gm fire assay fusion; where gold values were greater than 3 ppm assay values were by gravimetric finish and by AAS where the values were less than that threshold. Silver was determined by AAS after an HCL-HNO3-HClO4 digest. Pulp and coarse duplicate results were included in the analytical report. A blank and a standard sample were included for each batch of 50 samples for quality control. A replicate assay was done on every 20th sample and certified reference materials were used in every 20 samples. As part of the laboratory's internal QA/QC, TVIRD is routinely submitting duplicate samples to McPhar laboratory of Manila, Philippines, an ISO 9001/2000 accredited laboratory, on average every 20th sample.

Certain information set out in this News Release constitutes forward-looking information. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. Forward-looking statements are based upon the opinions and expectations of management of the Company, as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, it can give no assurance that those expectations will prove to have been correct. Forward-looking statements are subject to certain risks and uncertainties (known and unknown) that could cause actual outcomes to differ materially from those anticipated or implied by such forward-looking statements. These factors include, but are not limited to, such things as the volatility of prices for precious metals and base metals, commodity supply and demand, fluctuations in currency and interest rates, inherent risks associated with the exploration and development of mining properties, ultimate recoverability of mineral reserves, timing, results and costs of exploration and development activities, availability of financial resources or third-party financing, new laws (domestic or foreign), changes in administrative practices and changes in exploration plans or budgets. Accordingly, readers should not place undue reliance upon the forward-looking statements contained in this News Release and such forward-looking statements should not be interpreted or regarded as guarantees of future outcomes. Forward-looking information respecting the completion of the scoping study to assess the Tinago-Miswi-Lalab mineralized zone, is based upon, results of prior exploration activities at Balabag, timing expectations relating to completion of the next phase of the exploration program at Balabag and the results of that program, prior experiences with scoping studies undertaken in respect of Philippines exploration properties, the current exploration plan developed by the Company and the Company's current budget and overall strategy for exploration in the Philippines, which plans, budget and strategy are all subject to change.

Forward-looking information concerning the possible development of the Balabag prospect and additional exploration activity at Balabag is based upon the Company's experiences with the development of the Canatuan mine in the Philippines, the current exploration plan developed by the Company and the Company's current budget and overall strategy for exploration in the Philippines, the timing of completion of various elements of the exploration plan and the proposed scoping study, which plans, budget and strategy are all subject to change, The forward-looking statements of the Company contained in this News Release are expressly qualified, in their entirety, by this cautionary statement. Various risks to which the Company is exposed in the conduct of its business (including exploration activities) are described in detail in the Company's Annual Information Form for the year ended December 31, 2006, which was filed on SEDAR on March 29, 2007 and is available under the Company's profile at www.SEDAR.com. Subject to applicable securities laws, the Company does not undertake any obligation to publicly revise the forward-looking statements included in this News Release to reflect subsequent events or circumstances.

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

For more information, please contact

TVI Pacific Inc.
Clifford M. James
President and CEO
(403) 265-4356

or

TVI Pacific Inc.
Paul Moon, Director
Corporate Communications
(403) 265-4356
Website: tvi2014.q4web.com