Belvedere Engages Investor Relations Company

    Exchange: TSX V Symbol: BEL

    VANCOUVER, Jan. 31 /CNW/ - Belvedere Resources Ltd. reports it has
entered into an agreement with The F.I.R.M. to provide corporate
communications and investor relations services to the Company for twelve
months effective February 1, 2008 with a compensation of $7,000 per month and
100,000 incentive stock options exercisable at $1.08 per common share.
    The F.I.R.M.'s principals are Lisa Chapman and Joanne Jobin who have a
combined 40 years experience in the natural resources industry. The F.I.R.M.
will assist Belvedere in developing its investor relations program and
promotional activities.

    About Belvedere:

    Belvedere Resources Ltd. is a publicly-listed resource company engaged in
the business of nickel production and exploring, discovering and developing
mineral wealth in Finland. Belvedere currently produces 2,400 tonnes annually
of payable nickel metal in concentrate from its 100% owned Hitura Nickel Mine
in Western Finland.


SOURCES LTD. David Pym, CEO Suite No.404, Vancouver World Trade Centre 999 Canada Place, Vancouver. BC. V6C 3E2, Canada The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the contents of this news release.

For further information:

For further information: David Pym (CEO) or Toby Strauss (COO) at (604)
844-2838 or visit

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