Typhoon Has Begun Its Drilling Campaign of 15,000 Meters at Fayolle

Saturday, 14 August 2010

LAVAL, CANADA, Aug 11, 2010 (MARKETWIRE via COMTEX) -- Typhoon Exploration Inc. /quotes/comstock/11v!e:typ (CA:TYP 0.69, -0.01, -1.43%) announces that since July 8, 2010 it has begun its drilling campaign of 15,000 meters on the Fayolle Project, as part of its agreement with Aurizon Mines Limited /quotes/comstock/11t!e:arz (CA:ARZ 6.06, +0.10, +1.68%) (See press release of May 18th, 2010). To date 5 drill holes have been completed.The drilling activity began in the area of the Fayolle Deposit with the objective to confirm the geologic model defined during the geoscientific compilation conducted in 2009.

The company is very optimistic for the future of the Fayolle Project. The metallogenic context of the Fayolle project is favourable to the existence of porphyry-type gold mineralization. The mineralized zones on the Fayolle Deposit are distributed along a major shear corridor of approximately 2.5 km long by 1 km wide, all while remaining open at depth. The property contains inferred mineral resources totaling 113,000 ounces of gold, which have been delineated to date down to 100 meters at a grade of 1.6 grams of gold per tonne using a cutoff grade of 0.5 grams per tonne (Reference: "Mineral Resources Evaluation of the Fayolle Gold Deposit / 43-101 Technical Report" dated February 21, 2007, available on SEDAR). Higher gold grade intervals in the range of 10 to 40 grams per tonne have been encountered over 3 to 30 meters during previous drilling. It is to be noted that the Fayolle project is in a great geographical position being located in the heart of Abitibi's well established mining projects and infrastructures.

Mr. Robert Gagnon, P. Geo., Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

The common shares of Typhoon Exploration are listed on the TSX Venture Exchange under the symbol "TYP".

Forward-Looking Statements

This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Typhoon. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Typhoon will derive therefrom. Forward-looking information is based on the estimates and opinions of Typhoon's management at the time the information is released and Typhoon does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Typhoon Exploration Inc.
Robert Gagnon, P.Geo. Director

Typhoon Exploration Inc.
David Mc Donald, President and CEO
450-622-4066 or Toll-free: 1-877-622-4004


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