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Corporate Presentation Find out more about TVI through our latest Corporate Presentation GO TO CORPORATE PRESENTATION
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TVI Exploration Activities and Infill Drilling at Balabag Produce Further Positive Results

July 30, 2007


- Most Recent Drilling Results Include:

-- 5.40 m averaging 3.91 gpt Au, 259.08 gpt Ag or 8.38 gpt AuEq

-- 4.00 m averaging 6.32 gpt Au, 106.37 gpt Ag or 8.16 gpt AuEq

-- 2.70 m averaging 1.99 gpt Au, 40.23 gpt Ag or 2.68 gpt AuEq

-- 2.65 m averaging 1.10 gpt Au, 52.55 gpt Ag or 2.01 gpt AuEq

- Project Scoping Study Completion Anticipated In The Third Quarter Of 2007; Preliminary Results Expected In Early August

- Newly Discovered Vein Exposures Potentially Extend Mineralized Zones

-- Orebody Appears Open Laterally And At Depth

-- 4.00 m averaging 6.32 gpt Au, 106.37 gpt Ag or 8.16 gpt AuEq

-- 2.70 m averaging 1.99 gpt Au, 40.23 gpt Ag or 2.68 gpt AuEq

-- 2.65 m averaging 1.10 gpt Au, 52.55 gpt Ag or 2.01 gpt AuEq

- Project Scoping Study Completion Anticipated In The Third Quarter Of 2007; Preliminary Results Expected In Early August

- Newly Discovered Vein Exposures Potentially Extend Mineralized Zones

-- Orebody Appears Open Laterally And At Depth-->

CALGARY, ALBERTA--(Marketwire - July 30, 2007) - TVI Pacific Inc. (TSX:TVI) (the "Company") announced today that its Philippine affiliate, TVI Resource Development (Phils.) Inc. ("TVIRD"), has received additional positive assay results from the exploration infill drilling program on the Tinago-Miswi-Lalab vein system at its Balabag Property. The Balabag Property is located on the Zamboanga Peninsula in Southern Philippines approximately 75 km east-northeast of TVIRD's producing Canatuan Mine. The drill program was designed to provide further delineation of the local epithermal gold vein system and to determine the consistency and continuity of reported mineral values. This news release should be read in conjunction with the release issued on June 27, 2007, "TVI Provides Initial Balabag Prospect Resource Estimates".

To date, assays have been received for a total of 99 holes drilled into the Tinago-Miswi-Lalab vein system, which have a total aggregate meterage (total depth of holes) of 10,803.85 metres. The new data reported in this news release includes the results of the most recent five holes for which assay results have been received by TVIRD. The recent drilling results are summarized in the assay table set out below.

Certain statements in this News Release constitute forward-looking statements, including statements respecting ongoing exploration activities and the timing of the scoping study to assess the Tinago-Miswi-Lalab mineralized zone. Readers should refer to the cautionary statement that appears at the end of this News Release.

"Following our recent announcement of a resource estimate at Balabag, we are pleased to see more positive results from our ongoing exploration efforts and recently completed drilling campaign," said TVI CEO, Cliff James. "The newly discovered vein exposures potentially extend the mineralized zones. With the veins open to depth and with the lateral extension potential it appears that there is the opportunity 'to grow the deposit' with further work. In addition, we expect to see preliminary results from the ongoing scoping study in the near term. These developments are very encouraging."

A scoping study to assess the Tinago-Miswi-Lalab mineralized zone at Balabag is 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 becoming a stand alone, commercial mining operation based on currently known mineral resources. It is anticipated the scoping study will lead into a full feasibility assessment and detailed engineering of the project.

The Balabag mineral resource estimate, announced on June 27, 2007, which was prepared by P.J.Lafleur Geo-Conseil Inc., is based on the 76 hole drill program completed to the end of February, 2007. Indicated resources showed 1.37 million tonnes ("Mt") averaging 2.9 grams per tonne ("gpt") Au and 84.3 gpt 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, using a greater than 0.5 g/t grade group. An updated National Instrument 43-101 ("NI 43-101") Technical Report, detailing the project and Mineral Resource estimate protocols is expected to be filed on SEDAR within the required 45 day filing period. Readers are cautioned that such estimates remain conceptual in nature and mineral resources which are not mineral reserves do not have demonstrated economic viability.

As previously announced, continuing exploration work by TVIRD has identified two new vein occurrences which occur up to 150 metres east of previously interpreted mineralized zones at Balabag. Recent drilling has also indicated the presence of structures and economic grade mineralization at depth; however these intercepts are far apart and would require additional infill drilling for resources to be substantiated. Further data collection, including the continued assaying of trench samples, is anticipated to yield additional results which are expected to be the subject of a future news release complete with tables, updated images and maps.

TVIRD's 2007/08 exploration program will focus on expanding the Balabag gold deposit and on up-grading the Inferred resource to the Measured and Indicated resource categories. A minimum infill drilling program (25-m spacing) of 5,000 meters for the Balabag Property commenced January 9, 2007 and will likely be extended during the second half of 2007. Drilling services have been provided by TVI's Subsidiary, Exploration Drilling Corporation ("EDCO").

Latest Assay Results

DH-ID No. From To Interval Au Ag AuEq Target Remarks
(m) (m) (m) (gpt) (gpt) (gpt)
BDDH-07-95 26.35 29.00 2.65 1.101 52.547 2.008 Tinago
BDDH-07-95 47.30 50.00 2.70 1.989 40.231 2.684 Tinago With a 1.70-
meter zone
with 4.15
g/t AuEq
BDDH-07-95 62.7 64.15 1.45 1.300 18.45 1.620 Tinago
BDDH-07-96 57.2 58.2 1.00 0.589 26.3 1.043 Miswi
BDDH-07-97 15.3 15.9 0.60 0.66 96.3 2.321 Miswi
BDDH-07-97 32.7 37.55 4.85 1.113 16.54 1.399 Miswi
BDDH-07-97 53.9 59.3 5.40 3.907 259.08 8.382 Miswi With a 1.00-
meter zone
with 23.01
g/t AuEq
BDDH-07-97 67.3 67.9 0.60 2.64 129.80 4.884 Miswi
BDDH-07-98 35.1 39.1 4.00 6.32 106.37 8.156 Tinago With a 1.00-
meter zone
with 26.095
g/t AuEq
BDDH-07-98 50.0 50.85 0.85 0.52 29.10 1.020 Tinago
BDDH-07-99 15.85 19.0 3.15 1.26 30.01 1.777 Tinago

For the purpose of calculating gold equivalent values a gold price of US$
650 per oz and silver US$ 13.50 per oz were used. Au and Ag equivalent
calculations reflect gross metal content and have not been adjusted for
metallurgical recoveries. True widths are approximately 85% of the reported

Technical Review - Tinago-Miswi-Lalab Vein System

The Balabag Property is centred on a 1.5 km by 1 km structurally controlled area consisting of a series of vein bodies occurring in tuffaceous agglomerate and andesitic rocks, bordered to the north and south by NW-SE regional faults displaying sinistral displacement and inducing dilational jogs along a prominent fracture set. Data collected to date suggests an en echelon system of sigmoidal veins that are stacked together running east-westerly and gently dipping to the north. The vein system also shows post mineralization faulting that slightly offsets the veins. At Balabag, gold mineralization mainly occurs within quartz carbonate ferrigenous veins hosted in the tuffaceous agglomerate. This volcanic assemblage lies some three km to the east of a local dioritic intrusive where copper anomalies have been reported in the past. Such intrusives are often associated with epithermal gold deposits around the Pacific Rim.

The Tinago vein appears to be the largest and most strongly mineralized structure. The mineralization appears to be the strongest from section 4E to 4W (some 400m along strike) where the vein swell is greatest. Latest interpretation based on detailed mapping and infill drilling suggests that the Miswi vein is likely the eastern extension of the Tinago system that appears truncated and displaced by faulting. The Miswi vein remains open to the east and at depth. The Lalab vein system appears to be smaller and thinner, somewhat sub-parallel to the Tinago vein. The Tinago and Lalab veins remain open to the west and at depth, yet appear to decrease progressively further west.

Concession Status

TVIRD holds an option on the Balabag Property which was granted under an agreement with Zamboanga Minerals Corporation ("ZMC"). Balabag lies approximately 75 km east-northeast of the TVIRD's mining operation at Canatuan and immediately adjacent to the extensive tenement applications filed by TVIRD in early 2005, which cover an area of 1,257.12 km2. The Mineral Production Sharing Agreement ("MPSA") under which ZMC obtained its rights to the Balabag property covers an area of 47.79 km2. The agreement between TVIRD and ZMC provides TVIRD with an exclusive period, ending in May 2008, to assess the mineral potential of the property. Should TVIRD so elect, the property may be purchased for US$350,000 with ZMC retaining a 2.5% net smelter royalty on the property.

A technical report (prepared in accordance with NI 43-101) setting out additional details relating to the prior sampling program at Balabag was filed (on SEDAR) with certain securities regulatory authorities in Canada on September 27, 2005. Additional information concerning the geology, mineral occurrences and nature of mineralization found at Balabag is also set out in the September 27, 2005 report.

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.

Carl L. Caumartin BSc, P.Eng., MBA, Vice President, Exploration of TVI Pacific Inc. is serving as TVI's "Qualified Person" (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 anticipated timing of filing of an updated technical report relating to the mineral resource estimate for the Balabag prospect and the completion of the scoping study to assess the Tinago-Miswi-Lalab mineralized zone, is based upon advice received to date from the author of those reports, the Company's experience with prior technical reports prepared in relation to Philippines mining properties, filing deadlines prescribed by National Instrument 43-101, 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, the plans, budget and strategy of which 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, the plans, budget and strategy of which 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


TVI Pacific Inc.
Paul Moon
Director, Corporate Communications
(403) 265-4356
(403) 264-7028 (FAX)
Email: tvi-info@tvipacific.com
Website: tvi2014.q4web.com