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TVI's Drilling Organization Produces Strong Operating Results For 2006

February 22, 2007

- Threefold Increase in Metres Drilled

-- 58,946 Metres Drilled in 2006 Compared to 19,370 Metres in 2005

- Repeat Business, Contract Extensions, Multi-drill Work for Major Customers Drive 2006 Success

- Five New Drills; Existing Fleet Refitted and Upgraded; New Premises in Cebu, Philippines, and Kunming, China

- Management Believes that the Drilling Segment is Strongly Positioned for Expected Demand Increase in 2007


- Repeat Business, Contract Extensions, Multi-drill Work for Major Customers Drive 2006 Success

- Five New Drills; Existing Fleet Refitted and Upgraded; New Premises in Cebu, Philippines, and Kunming, China

- Management Believes that the Drilling Segment is Strongly Positioned for Expected Demand Increase in 2007-->

CALGARY, ALBERTA--(CCNMatthews - Feb. 22, 2007) - TVI Pacific Inc. (TSX:TVI) ("TVI" or the "Company) announced today that the Company's Drilling Segment produced strong operations results in 2006, drilling 58,946 metres for exploration contractors in the Philippines and China, representing a 204% increase in production compared with 19,370 metres drilled in 2005.

Certain information set out in this News Release constitutes forward-looking information, including information relating to anticipated increases in demand for Drilling Segment services in 2007 and the effect of new contracts and contract extensions on future operating periods. Readers should review the cautionary statement respecting forward-looking information that appears at the end of this News Release

Financial information reflecting the effect of the improved operating results on the financial performance of the Drilling Segment, as well as the Segment's contribution to the consolidated earnings of the Company for 2006, will be made available following approval of the Company's annual consolidated financial statements by the Board of Directors.

The Drilling Segment, consisting of Exploration Drilling Corporation ("EDCO"), a wholly-owned subsidiary of the Company in the Philippines; and Hunan Pacific Drilling ("HPD"), a division of Hunan Pacific Geological Exploration Incorporated ("HPGEI"), a wholly-owned subsidiary of the Company in China, provided drilling services for major clients in the Philippines and China, several on a repeat and multi-drill operations basis.

The Segment also contributed to the expanding exploration program of Philippine affiliate, TVI Resource Development (Phils.), Inc. ("TVIRD"), providing drilling services amounting to 16,847 metres for both its exploration activities at Balabag and at the Canatuan mine site in connection with resource definition and planning for both the Gossan and Sulphide Project.

Prior News Releases concerning the Company's Balabag and Canatuan exploration programs can be found on TVI's website, at tvi2014.q4web.com.

"This is a real turnaround performance by our Drillers," said TVI President and CEO, Clifford M. James. "The Drilling Segment achieved excellent results for its clients in 2006 - including TVIRD. At the same time it refurbished, upgraded and expanded its fleet, and improved its infrastructure and management systems. We believe the Drilling Segment is well positioned for what we expect to be even stronger drilling demand in 2007 resulting from an anticipated upsurge in Asian mining activity, especially in the Philippines."

Mr. James added that revenues from Drilling Segment operations in China contribute significantly to the Company's overall strategy in that country, which is executed by the Company's wholly-owned Chinese subsidiary, HPGEI.

Performance Review:

Safety Performance and Mechanical Availability -- both measures of importance in the drilling industry -- were improved from prior years with no Lost Time Injuries in 2006 and 92% overall mechanical availability for the fleet.

The Drilling Segment also achieved other important milestones during the year, including:

- Establishment of new premises in both Cebu, Philippines and in Kunming, China

- Modernization of the drill fleet (including upgrading of existing drills and the addition of five new drills)

- Signing of contract extensions from existing customers in both China and the Philippines

During 2006, the Segment's management team continued the improvements attained in 2005, including:

- Improved Health and Safety standards

- Improved fleet maintenance

- Refurbishment of existing rigs

- Improved inventory management systems, which included a significant restocking of parts and consumables

- Improved operational and financial controls and reporting

- Improved client relations

Those improvements contributed to the Segment gaining contract extensions and new contracts during 2006 that are anticipated to continue well into 2007 and beyond.

Drilling Segment Services Going Forward:

The Drilling Segment now offers a full suite of drilling services for the mineral exploration, energy, civil-engineering, environmental, and geo-scientific market sectors in Asia.

The current drill fleet includes:

- Fully hydraulic longstroke drills, capable of drilling to depths of 400 meters ("H" sized core) and one other capable of drilling to 1,000 meters

- Mechanical / hydraulic, and able to service remote-access areas where mobility is restricted

- Lightweight mobile drills that can be manually transported into the most inaccessible of locations some of which are capable of drilling to nominal depths of 200 meters

- A multi-purpose drill capable of reverse circulation (RC) drilling to nominal depths of 150 meters and coring to 300 meters HQ size

For further information on the Drilling Segment, and contact details, readers are invited to consult the Segment web site at: http://www.tvidrilling.com.

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. In 2006, TVI 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 at 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, TVI 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 TVI'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 highly 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 sq kms 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.

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", "hope", "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. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, 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 results or 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), and changes in administrative practices. 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 relating to anticipated increases in demand for Drilling Segment services in 2007 and information relating to the anticipated effect of new contracts and contract renewals on future operating periods are based upon prior drilling activities, the current plans for TVI's exploration program and statements made by current and potential customers regarding anticipated activity levels. 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 are described in detail in the Company's Annual Information Form for the year ended December 31, 2005, which was filed on SEDAR on March 30, 2006 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
(403) 264-7028 (FAX)
Email: tvi-info@tvipacific.com
Website: tvi2014.q4web.com