Trade Winds Files Updated NI 43-101 Technical Report for Block A on SEDAR

Trade Winds Ventures Inc. (TSX-V: TWD, FSE: TVR) ('Trade Winds? or the
'Company?) is pleased to announce that further to the Company's news
release dated December, 30 2010, the independent National Instrument
43-101 compliant technical report for the Block A property, a 50/50
joint venture with Detour Gold Corporation ('Detour Gold?), located
adjacent to Detour Gold′s Detour Lake gold project in northeastern
Ontario, has been filed on SEDAR. This updated estimate contained within
an open pit shell was completed by Watts, Griffis and McOuat Limited
('WGM?), Consulting Geologists and Engineers, of Toronto, Canada and
complies with National Instrument 43-101 ('NI 43-101?) Standards of
Disclosure for Mineral Projects. Trade Winds is the operator of the
Joint Venture exploration program. The full text of the technical report
is also available on the Company′s website at www.tradewindsventures.com.

The focus of the report is the In-pit Mineral Resource Estimate for
Block A presented in the Trade Winds December, 30 2010 press release and
summarized below. This mineral resource estimate is an update of the
July 2009 Technical Report by WGM and contains data from an additional
30 diamond drill holes totaling 11,591 metres completed in 2010. The
2010 drilling program targeted near-surface gold mineralization of the M
Zone regions with spacing greater than 80 metres within the pit area, as
well as testing the western extension of the modeled pit. A
Lerch-Grossman optimized pit shell was used to generate an updated
in-pit mineral resource.

Notes:

(1) The mineral resources are classified as indicated and inferred, and
comply with the CIM mineral resource definitions referenced in National
Instrument 43-101.

(2) Base case assumes a gold price of US$1,000/oz gold and US$ exchange
rate of $1.08.

(3) Mineral resources that are not mineral reserves do not have
demonstrated economic viability.

(4) The quantity and grade of reported inferred resources in this
estimation are conceptual in nature and there has been insufficient
exploration to define these inferred resources as an indicated or
measured resource and it is uncertain if further exploration will result
in upgrading them to an indicated or measured resource category.

(5) The tonnages and grades quoted are undiluted. Gold grades were
capped at values ranging from 10 g/t to 100 g/t based on statistical
analysis.

(6) Parameters and methodology are presented in the Trade Winds
December, 30 2010 press release and the NI 43-101 technical report
posted on www.SEDAR.com
and the Company′s website.

Ian Lambert, CEO of Trade Winds, stated about the technical report:
?This mineral resource estimate and corresponding technical report has
been prepared independently by Watts, Griffis and McOuat Limited for
Trade Winds, acting as Operator for the 50/50 Joint Venture between
Detour Gold and Trade Winds on Block A at Detour Lake. These estimated
results, using industry standard parameters and best possible estimates
of costs, have been determined and thoroughly reviewed by WGM in stating
the resource within this report.?

'Based on these results, Trade Winds has embarked upon a 30,000 metre
program of both infill drilling and exploration drilling to the west and
outside the pit. Assay results will be published as available throughout
the program. Further updates to the block model and resource estimate
will be made upon completion of the 2011 drilling.?

Quality Assurance and Quality Control ('QA/QC?) Program

The Company has implemented a quality control program to ensure best
practices in sampling and analysis of the core samples. The core is
first logged then sawn in half during the sampling process with the half
being retained for verification and reference purposes. During sample
collection and assaying, there is an established QC procedure for using
standards, duplicates and blanks. It is Trade Winds′ policy that blanks
are inserted after high grade gold mineralized samples, especially those
with visible gold. The samples were delivered direct to ALS-Chemex
Laboratories preparation facility in Timmins, Ontario Canada. Sample
pulps were shipped from there to ALS-Chemex Laboratories in Mississauga
Ontario, Canada for analysis. Trade Winds used Chemex AU-AA24, which is
a 50 g fire assay with AA finish. Samples returning greater than 10 g/t
Au were automatically processed using a fire assay-gravimetric finish.
Total metallic assays for gold were also performed on selected
intervals. All sample batches assayed by Chemex included a standard
multi-element ICP package. The coarse rejects and pulps are kept in
Timmins for re-assaying purposes and then returned to the Trade Winds
site where they are stored at the exploration site.

NI 43-101 Compliant Report

The mineral resource estimate block model was completed by Pierre
Desautels, P.Geo, a Senior WGM Associate Geologist. The Lerch-Grossman
pit shells and final mineral resource estimates were completed by Gordon
Zurowski P.Eng, a Senior WGM Associate Mining Engineer. Metallurgical
testwork was completed at SGS Canada (Lakefield) under the independent
supervision of Andy Holloway, P.Eng, a Senior WGM Associate Process
Engineer The material in this news release has been reviewed and
approved by Mr. Desautels and Mr. Zurowski of WGM, both Qualified
Persons as defined by NI 43-101 and by Stephen Wallace, P.Geo, Senior VP
Exploration of Trade Winds, also a Qualified Person as defined by 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. The Company 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 the Company to be materially
different from the Company's 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. The Company
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.
The Company advises investors that although these terms are recognized
and required by Canadian regulations (under NI 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 NI 43-101.
Investors are cautioned not to assume that part or all of an inferred
resource exists, or is economically or legally mineable.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS
RELEASE.

Trade Winds Ventures Inc.

Ian D. Lambert, CEO/President

(604)
648-6225

or

Terry McGee, Investor Relations

Toll Free
(866) 698-9187 ext 228 or (604) 648-6228

Email:info@tradewindsventures.com

Visit
our Website at www.tradewindsventures.com