Jean Depatie to join Stellar's team as Technical Advisor for Vassan Project

    LAVAL, QC, Aug. 8 /CNW/ - Stellar Pacific Ventures (SPX) is pleased to
announce that M. Jean Depatie, B.A., M.Sc. Geol. as joined the company as
Technical Advisor for the development of the Vassan gold property.
    M. Depatie will assist the company for the preparation, and supervision
of the exploration and development programs based on his personal knowledge of
the Val d'Or gold mining structures.
    M. Depatie is well knowned in the mining community with his 30 years of
national and international experience in economic geology. He has worked in
over 30 countries and acted as a consultant for organisations such as: The
United Nations, The World Bank, The Commonwealth Secretariat, The Asian
Development Bank, The Canadian International Development Agency and Quebec's
Ministry of Natural Resources. He was recipient of an award of excellence by
the Quebec Department of Energy and resources in 1990 and he is also a former
president of the Quebec Professional Association of Geologists and
    M. Depatie has been president and vice president of several mining
companies. He presently sits on the board of directors of the following
companies: Gold Hawk Resources, Franc-Or Resources Corp, Alexis Minerals Corp
and Consolidated Thomson Lundmark Mines. He was also on the board of Novicourt
Mines Inc, now Extrata, and Glamis Gold Ltd before its merger with
Goldcorp inc.
    With this appointment, Stellar Pacific Ventures (SPX) as obtained a major
increased in the quality and knowledge of his technical team now formed by
M. Jacques Trottier PhD, Jean Depatie and Pierre O'Dowd.

    The Vassan property is located within the Val-d'Or Gold Mining Camp which
produced to date over 450 tonnes of gold from 27 mines. The structure is well
defined down to the 400 meters level then it appears to be displaced or split
into two or more veins below that level. Partial results from the 2007 summer
drilling program indicate that it is still open at depth below the
500 metre level.

    The best results form the 2007 drilling were obtained in hole V2007-02:

     FROM       TO      WIDTH      Au      Cu
       (m)      (m)        (m)    g/t       %
    620,20   621,30      1,10   13,28     0,96
    626,40   628,60      2,20   10,52     0,47

    Regrouping these two intersections into a single one gives 4.56 g/t Au
over 8.4 metres.
    Hole V2007-02 was drilled in the vicinity of holes AB-98-01 (16.40 g/t Au
and 0.42 % Cu over 1.0 m and 7.54 g/t Au and 0.52 % Cu over 1.1 m), V2006-12
(10.43 g/t Au, 6.6 g/t Ag and 0.64% Cu over 1 metre) and V2006-13 (16.03 g/t
Au over 0.33 metre and 5.86 g/t Au over 0.62 metre).
    In 2006, the mineral inventory of the Vassan property was estimated at
385 054 tonnes grading 5.01 g/t Au, 0.19 % Cu and 3.41 g/t Ag within the
indicated category. An inferred resource is also estimated at 62 600 tonnes
grading 4.15 g/t Au, 0.10 % Cu and 1.32 g/t Ag.

    Pierre O'Dowd, geologist and Qualified Person as per National Instrument
43-101, is responsible for preparing the technical information contained in
the release. He is also in charge of supervising the drilling program.

    Stellar Pacific Venture Inc. is a junior mining exploration company
listed on the TSX-V whose primary objective is to develop and bring into
production viable gold deposits.

    "Michel Lemay"
    Michel Lemay

    The TSX Venture Exchange has in no way passed on the merits of the
    proposed transaction and has neither approved or disapproved the contents
    of this press release.

For further information:

For further information: Michel Lemay, Stellar Pacific's office in
Montreal, (450) 622-1533

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