Virgin Metals Resumes Drilling at Los Verdes; Reports 39.62m Intercept at 0.73%Mo



    TSX Venture Exchange
    Symbol: VGM
    Shares Outstanding: 76,650,130

    TORONTO, April 23 /CNW Telbec/ - Virgin Metals Inc. (TSX-V: VGM) ("Virgin
Metals" or the "Company") has resumed drilling at its 100% owned Los Verdes
molybdenum/copper project in Sonora, northern Mexico. One reverse circulation
rig and one diamond rig are now working at the site. The objectives of the
reverse circulation drilling are to carry out the recommendations of the
recently published National Instrument 43-101 Technical Report dated
23rd January 2007 by Chlumsky Armbrust and Meyer (the "Technical Report"), to
extend drilling onto the contiguous and recently acquired Bacanora claim and
to provide infill drilling in certain areas of the known mineralization. The
objective of the diamond drilling is to compare diamond drilling results to
reverse circulation results, to provide greater information about the style of
mineralization, to determine structural features, to provide geotechnical data
for pit design, to characterize different ore types and to provide a range of
samples for specific gravity determination.
    One of the first objectives of the reverse circulation drilling was to
carry out the recommendation no. 14 of section 22 of the Technical Report, in
which the writers recommended that about five holes be drilled in an X or L
pattern at "blast hole separation" in order to confirm the short range plan
mineable continuity of the deposit. Accordingly, holes LVRC4607 to LVRC5107
were drilled in a rough L shape at approximately 5m spacing adjacent to hole
no LVRC0106. The results of hole LVRC0106 were reported in the Press Release
dated August 22nd 2006. The results of holes LVRC4607 to LVRC5107 are noted
below; it should be stressed that these holes represent neither newly
discovered mineralization nor significant step outs from known mineralization.
It is believed that the reported intercepts represent the true width of the
secondary enrichment zone.

    
    -------------------------------------------------------------------------
               Inclina-  Total                   Inter-    Mo
    VGM           tion   Depth    From      To    cept (Total)  Cu    W   Ag
    -------------------------------------------------------------------------
    Drill Hole         (metres)(metres)(metres)(metres)     %    %    %  g/t
    -------------------------------------------------------------------------
    LVRC4607  vertical  121.92   16.76   88.39   71.63   0.25 1.45 0.06 10.1
    -------------------------------------------------------------------------
    including                    21.34   57.91   36.57   0.39 1.65 0.03 10.6
    -------------------------------------------------------------------------
    LVRC4707  vertical  121.92   12.19   88.39   76.20   0.45 0.87 0.04  3.5
    -------------------------------------------------------------------------
    including                    12.19   51.81   39.62   0.73 0.80 0.02  4.1
    -------------------------------------------------------------------------
    LVRC4807  vertical  121.92   22.86   89.92   67.06   0.22 1.52 0.11 13.1
    -------------------------------------------------------------------------
    including                    28.96   64.01   35.05   0.33 1.70 0.07  7.6
    -------------------------------------------------------------------------
    LVRC4907  vertical  121.92   21.34   79.25   57.91   0.28 1.14 0.08  7.3
    -------------------------------------------------------------------------
    LVRC5007  vertical  121.92   35.05   76.20   41.15   0.56 1.53 0.07  5.3
    -------------------------------------------------------------------------
    including                    39.62   68.58   28.96   0.74 1.83 0.08  6.4
    -------------------------------------------------------------------------
    LVRC5107  vertical  121.92   24.38   70.10   45.72   0.21 0.71 0.07  5.5
    -------------------------------------------------------------------------
    including                    41.15   68.58   27.43   0.25 1.09 0.06  5.2
    -------------------------------------------------------------------------

        Note: Old workings, where intersected, are included as intercepts
        of 0 grade
        No high values have been cut.
    

    Also received were results from earlier condemnation drilling in an area
to the north east of known mineralization, holes LVRC4306 and LVRC4406.
No significant assay results were received from these holes though visible
molybdenite was reported in chips over several intervals. For this reason, the
area is not considered a suitable mill site.
    In addition, drill hole LVRC4506 was collared on an old prospect
approximately 800 metres east south-east of known mineralization. Except for
sporadic, elevated values, the results were of a background nature.
    Sampling practice for earlier holes was reported in the August 22, 2006
Press Release. Sampling practice continued unchanged through the drilling of
these holes.
    The Company also reports that as part of the transaction through which
the Bacanora claim was acquired, it has now received historical exploration
data relating to the district. These data were not available when the
Company's drill program was planned and the data are proving valuable in
improving the Company's understanding of the Los Verdes mineralization. Fully
reviewing this data will take some time but initial conclusions are that,
although more drilling and more angle holes were employed in the historical
drilling than previously supposed, the Company's own drill results compare
well to those of the historical data. Of particular interest are plans of the
adit, which is more extensive than previously supposed, together with sampling
results along its full length.
    The Company reports that it has engaged Mine and Quarry Engineering
Services, Inc. (MQes) of San Mateo, California to perform a feasibility study
on the Los Verdes Project. The study is expected to take six months to
complete and to result in definition of project parameters and to provide a
basis for project financing.

    Virgin Metals is a junior exploration and development company; its
projects include two copper/molybdenum porphyry properties in Sonora, northern
Mexico. One of these, Los Verdes, is expected to evolve rapidly towards
production while the other, Cuatro Hermanos, is expected to be the focus of
expanded exploration effort.

    This report has been prepared by Mr. Gary Lohman, a Registered
Professional Geologist and Qualified Person (QP) as defined by NI 43-101 of
the Canadian Securities Administrators. Mr. Lohman is the QP for the Los
Verdes exploration program.

    FORWARD-LOOKING STATEMENTS

    This press release includes certain "forward-looking information" within
the meaning of the Securities Act (Ontario), including, but not limited to,
statements as to timing and extent of exploration programs and the
availability of exploration results. As such, forward-looking information
addresses future events and conditions and so involves inherent risks and
uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in
Virgin Metals documents filed from time to time with the Ontario Securities
Commission and other regulatory authorities. Actual results could differ
significantly from those currently projected as a result of, among those
factors, adverse weather, regulatory changes, delays in receiving permits,
accidents and delays in completing exploration activities not all of which are
in the control of Virgin Metals. The forward-looking information contained
herein is Virgin Metal's reasonable estimate today of future events and
conditions, but no assurance can be given that such events or conditions will
occur.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.




For further information:

For further information: Mr. Chris J. Berlet, Director, Manager,
Investor Relations, (416) 364-9988, cberlet@virginmetals.com; Renmark
Financial Communications Inc.: Barbara Komorowski,
bkomorowski@renmarkfinancial.com; Neil Murray-Lyon,
nmurraylyon@renmarkfinancial.com; (514) 939-3989, Fax:  (514) 939-3717;
www.renmarkfinancial.com

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VIRGIN METALS INC.

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