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Sulphide Project update: TVI Pacific announces commissioning activities at Canatuan Sulphide Project

September 09, 2008
    (TSX: TVI)

    CALGARY, Sept. 9 /CNW/ - TVI Pacific Inc. (TSX: "TVI" or the "Company")
today provided an update concerning the Canatuan Mine, which is located in
Southern Philippines and operated by the Company's affiliate, TVI Resource
Development (Phils.) Inc ("TVIRD"). This news release should be read in
conjunction with the Company's previous update on the Sulphide Project
construction activities, which is dated September 2, 2008 and available at

    Certain statements in this News Release constitute forward-looking
statements, including statements respecting (i) the anticipated timing of
commencement of mining and processing activities at the Canatuan Sulphide
Project, (ii) the anticipated timing of completion or commissioning of various
components of the Sulphide Project and (iii) the anticipated timing of first
shipments of copper concentrates from Canatuan. Readers should refer to the
cautionary statement that appears at the end of this News Release.

    The Company confirmed that the commissioning of two important components
of the Sulphide Project, the crushing circuit and upgraded assay laboratory,
commenced on September 1, 2008, following completion of their construction.
Construction of the overall project, now in its third month, is on-going, with
expected production within the last quarter of 2008 and shipment of copper
concentrates at the beginning of 2009. TVIRD reports that as of September 1,
2008, the project was approximately 60% complete.
    The Project remains on an aggressive schedule for fourth quarter start-up
and early January shipping, with cost savings and efficiencies achieved to
date due in large part to TVIRD's utilization of its in-house construction
crew. Further updates on construction and commissioning activities are
expected to be provided prior to the start up of the Sulphide Plant.
    Recent Sulphide Project commissioning highlights include the following
(accompanying photos are available at: tvi2014.q4web.com):

    Commissioning of Grinding Circuit

    The motors for the crushing plant were successfully tested without a load
on August 31, 2008. This was followed by the first ore loading and crushing
test that was carried out on September 1, 2008. Both test were carried out
according to the projected Company timeline.

    Commissioning of the Updated Assay Laboratory

    The Sulphide Project's assay laboratory was also commissioned after
undergoing an extensive upgrade. The laboratory utlizes top-of-the-line
equipment and is staffed by trained personnel. The laboratory provides
important analytical services to the mine and mill operations.
    As the Company shifts from gossan (gold-silver) to sulphide (copper-zinc)
operations, analytical requirements for the mine and mill plant will increase.
To address this need, the Company acquired modern equipment and expanded the
building that houses the laboratory.
    Due to the complexities involved in copper concentrate sample
preparation, the Company fabricated a separate concentrate preparation room
with its own dust collection system and working tables. Two new electronic
controlled drying ovens were also installed to complement the concentrate
sampling as copper concentrates require stringent temperature control during
the drying process.

    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 the Philippines. The Company's interest in the Canatuan Mine and
its other Philippine assets are held through its affiliate, TVI Resource
Development (Phils.) Inc.

    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", "scheduled" 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 received from 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 received
from or disseminated by third parties 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, changes in exploration plans or budgets,
and availability of equipment and availability of personnel. 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 (i) the timing of commencement of mining and processing
activities at the Canatuan Sulphide Project, (ii) the anticipated timing of
completion or commissioning of various components of the Sulphide Project and
(iii) the anticipated timing of the first shipment of copper concentrates from
Canatuan, is based upon progress made to date on the construction of the
Infrastructure required to support mining and processing activities from the
Sulphide zone at Canatuan, advice received from third-party contractors with
respect to the timing of various components of the construction project, prior
experiences of management with construction activities at Canatuan, the
current development plan for Canatuan, the Company's current budget and
overall strategy for Canatuan, which plans, budget and strategy are all
subject to change and, in the case of first shipment of copper concentrates
from Canatuan, progress made to date in negotiating offtake agreements for the
purchase and sale of copper concentrates. 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 mining activities) are
described in detail in the Company's Annual Information Form for the year
ended December 31, 2007, which was filed on SEDAR on March 27, 2008 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 further information: Investor Relations - (403) 265-4356 or