Mr. Brian Buchanan reports

CONS. SPIRE VENTURES CORPORATE UPDATE

Consolidated Spire Ventures Ltd. has released a corporate property update on its two Canadian properties.

Fox Creek lithium property, Alberta

The field research program continues on the company's 164,072-contiguous-acre property, prospective for lithium, located about 35 kilometres west of Fox Creek, Alta., within the Devonian Leduc formation. Spire is currently contacting the owners of the outlined 37 oil and/or gas wells that are within the confines of the property. These wells are dispersed throughout the property and are existent in seven of the nine claim blocks. 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 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.

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, Merritt, B.C.

The company is currently waiting for the operating partner to complete an announced financing, and 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.