Mr. Brian Buchanan reports

CONS. SPIRE VENTURES CONTINUES FIELD PROGRAM ON THE PROSPECTIVE LITHIUM PROJECT AT FOX CREEK, ALBERTA

Consolidated Spire Ventures Ltd.'s field and research programs continue on its 164,072-contiguous-acre property, prospective for lithium, located about 35 kilometres west of Fox Creek, Alta., within the Devonian Leduc formation.

The current program has outlined numerous producing gas wells on the property and other infrastructure near the property that are already producing significant amounts of formation waters from the targeted horizons, which could indicate that a similar potential target may exist on the property to yield brines with lithium. There are a total of 37 oil and/or gas wells within the confines of the property. These wells are dispersed throughout the property and are existent in seven of the nine claim blocks. The company will be contacting the owners of these wells.

Lithium and other mineralization is contained in formation waters that are currently being extracted, along with oil and/or gas by various energy companies sharing the property with Consolidated Spire. The company holds the rights to the lithium and other mineralization, while the various operators own the oil and gas rights. Based upon the concentrations of lithium in formation waters in the Leduc aquifers, further exploration could be warranted for lithium-bearing brines underlying the property.

Brian Buchanan, president of Consolidated Spire, stated: "We are very pleased that field research has uncovered the 37 working gas and oil wells on the property. We anticipate further investigation work to be completed soon, and management is very optimistic about what the future potential for lithium contained in the formation waters could provide."

Consolidated Spire has a 100-per-cent interest in the Fox Creek lithium property, in an area outlined by the Alberta Research Council and Alberta Geological Survey as having potential for a large resource of lithium within the formation waters. The qualified person for the technical portion of this news release is Victor Jaramillo, PGeo.

Prospect Valley gold property

The company is looking forward to further exploration on its 107.9-square-kilometre property. The property is road accessible, in close proximity to good infrastructure and is located within the Spences Bridge gold belt, approximately three hours driving time from Vancouver. The Prospect Valley gold property contains several bulk-tonnage gold targets and is only 30 km south of the world-class Highland Valley copper mine. In this complex geological environment, the property has the potential to host a significant gold mineralizing system and is viewed as a low-grade, bulk-minable epithermal gold target. Altair Ventures Inc. is the operator of the project and has an option to earn up to a 90-per-cent interest.