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Trade Winds Plans 2011 Drilling on Block A

21.12.2010  |  Business Wire


Trade Winds Ventures Inc. (TSX VENTURE:TWD) (FWB:TVR) is pleased to
announce the drilling program planned for the winter of 2011 on Block A,
located adjacent to Detour Gold′s Detour Lake gold project in
northeastern Ontario, which contains mineral reserves of 11.4 million
ounces of gold. The Joint Venture partners (50% Trade Winds / 50% Detour
Gold) have approved a 30,000 metre drilling program to increase the
confidence level of the resource estimate and to test areas outside the
Block A pit shell with the objective of expanding the known mineral
resources. Trade Winds is the operator of the Joint Venture exploration
program.

Block A ? Technical Program January to June 2011


A drill program of 30,000 metres will utilize three diamond drill rigs
from January 2011 to late April 2011. The initial 2011 program calls for
up to 71 drill holes of an average depth of 500 metres, subject to
favourable working conditions. Similar to the 2010 program, the 2011
program seeks to address more than one objective: infill drilling,
particularly large gap areas, and exploration drilling.

Infill Drilling


One of the recommendations of the 2009 NI 43-101 report by Watts Griffis
and McOuat (WGM) was the infill drilling of numerous drilling gaps, also
termed data gaps, within the pit area. On Block A, drill spacing of
closer than 80 metres is required for the category of inferred resources
and closer than 40 metres for indicated resources. The winter 2010
program targeted regions with spacing greater than 80 metres within the
pit area. This will continue with this 2011 drilling program.


In planning for the 2011 drilling, a portion of the deposit will be
drilled on 40 metre by 40 metre centres to increase the confidence level
of the mineral resources. A total of 54 drill holes, approximately 76%
of the winter 2011 drill program, is planned for this infill drilling.

Exploration Drilling


As part of a continuing program to explore Block A, a total of 17 drill
holes, approximately 24% of the winter 2011 drill program, is planned to
test areas outside the delineation drilling within the pit shell. This
exploration drilling will focus in the areas north of the main pit area
between the main pit shell and the North Walter Lake (NWL) pit shell,
and south of the main pit shell to the southern boundary of Block A to
test the footwall and to determine if the Sunday Lake Deformation Zone
(SLDF) extends onto the southern portion of Block A. Both areas, between
NWL and the main pit shell and south of the main pit shell, are almost
completely untested and both represent areas of potential mineralization
parallel to the M Zone.


Further drilling will be to the west of the main pit. In the 2009 NI
43-101 technical report, WGM recommended drilling between lines 15380E
and 15060E to test the western extension of the modeled pit. The result
was the intersection of gold mineralization in the M Zone in all seven
drill holes of this part of the 2010 program (see press release dated
April 26, 2010). A similar western extension drilling program is planned
for winter 2011, testing the M Zone mineralization a further 320 metres
to the west between lines 15060E and 14740E. Previous deep drilling by
Trade Winds on lines 14700E and 14900E showed mineralized intersections
of the M zone at depth. The 2011 drilling will test the shallower
potential between these lines.

Current Work


Since the completion of the 2010 drill program, Trade Winds has been
undertaking a program of core and pulp relocation, regular camp
maintenance and the sampling of approximately 13,000 metres of
previously drilled core in and near the pit shells. The infill sampling
will consist of 10,689 metres from 115 holes in Main Pit area and 2,660
metres 24 drill holes in NWL area. This work was on-going between
September and December 2010 and will continue until completion as time
and personnel permits. The updates of the mineral resources and pit
models are currently being reviewed by Detour Gold, our Joint Venture
partner. We expect the results to be published shortly.


The material in this news release has been prepared and reviewed by
Stephen Wallace, P. Geo, VP Exploration, a Qualified Person as defined
in NI 43-101.

Forward Looking Information


Certain information included in this news release constitutes
'forward-looking statements'. The words 'expect', 'will', 'intend',
'estimate' and similar expressions identify forward-looking statements.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management, are inherently subject to significant business, economic and
competitive uncertainties and contingencies. Trade Winds cautions the
reader that such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause the actual
results, performance or achievements of Trade Winds to be materially
different from Trade Winds′ estimated future results, performance or
achievements expressed or implied by those forward-looking statements
and the forward-looking statements are not guarantees of future
performance. These risks, uncertainties and other factors include, but
are not limited to, risks associated with the mining industry such as
government regulation, environmental and reclamation risks, title
disputes or claims, success of mining activities, future commodity
prices, costs of production, possible variation in mineral reserves,
mineral resources, grade or recovery rates, failure of plant, equipment
or processes to operate as anticipated, accidents, labour disputes, the
timing of estimated future production, capital expenditures, financial
market fluctuations, requirements for additional capital, conclusions of
economic evaluations, limitations on insurance coverage, risks
associated with using third-party contractors and inflation. Trade Winds
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by applicable law.

Information Concerning Estimates of Mineral Resources


This news release uses the terms 'indicated' and 'inferred' resources.
Trade Winds advises investors that although these terms are recognized
and required by Canadian regulations (under National Instrument 43-101
Standards of Disclosure for Mineral Projects), the U.S. Securities and
Exchange Commission does not recognize them. Investors are cautioned not
to assume that any part or all of the mineral deposits in these
categories will ever be converted into reserves. In addition, 'inferred
resources' have a great amount of uncertainty as to their existence, and
economic and legal feasibility. It cannot be assumed that all or any
part of an inferred mineral resource will ever be upgraded to a higher
category. Under Canadian rules, estimates of inferred mineral resources
may not form the basis of feasibility or pre-feasibility studies, or
economic studies except for Preliminary Assessment as defined under
43-101. Investors are cautioned not to assume that part or all of an
inferred resource exists, or is economically or legally mineable.


Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


Trade Winds Ventures Inc.

Ian D. Lambert, CEO/President,
(416)-840-9843

or

Terry McGee, Investor Relations Toll Free
(866)-698-9187 ext 228 or (604)-648-6228

info@tradewindsventures.com

www.tradewindsventures.com


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