Virgin Metals Files Technical Report

    Shares Outstanding: 58,346,540

    TORONTO, Jan. 30 /CNW Telbec/ - Virgin Metals Inc. ("Virgin Metals")
(TSX-V: VGM) announces that it has filed on Sedar a Technical Report prepared
by Chlumsky Armbrust and Meyer of Denver that gives the basis for the recently
announced resource calculation at Virgin's 100% owned Los Verdes project in
Sonora, northern Mexico (see press release dated December 18, 2006).
    The report confirms the previously announced calculation of combined
measured and indicated resources at Los Verdes of 10,502,000 tonnes at grades
of 0.124% molybdenum and 0.46% copper, giving a calculated molybdenum content
of 28,638,000 pounds and a calculated copper content of 105,492,000 pounds.
    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 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

    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, Chief Financial
Officer, (416) 364-9988,; Renmark Financial
Communications Inc.: Barbara Komorowski:;
Neil Murray-Lyon:, (514) 939-3989, Fax: (514)

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