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October 18, 2006

Assay Results - Rivard Gold Property, Ontario



E-Energy Ventures Inc. (the "Company") wishes to announce the results of the first batch of channel samples from the Rivard gold project in the Red Lake mining camp of northwest Ontario. Assay results range up to 188.49 grams of gold per tonne (g/T Au).

Five channel samples gave significant assay results. They tested a 60-metre strike length of a zone of altered, sulphide-bearing ultramafic and felsic volcanics rocks cut by a series of quartz veins and stringers carrying fine free gold. The late O'Brien Rivard carried out small-scale high-grade hand mining from pits along the zone. These old pits are filled with water and not accessible for channel sampling. The following table lists the averaged assay results along each channel.

Channel no. Length Au (g/T)  
RC-7 0.45 metres 188.49 g/T along vein
RC-6 2.90 metres 3.00 g/T  
(includes)  0.30 metres 28.29 g/T  
RC-4 2.40 metres 1.67 g/T sulphides only - no veins
RC-3 6.00 metres 1.09 g/T  
(includes) 1.00 metres 3.96 g/T  
RC-1 1.00 metres 2.79 g/T not full width of zone

Channel samples were taken with a diamond saw, and were 5 centimetres wide and between 5 and 8 centimetres deep. Individual samples varied in length from 30 centimetres to 1 metre. Assays were performed by Accurassay Laboratories Ltd., Thunder Bay, Ontario (ISO 17025 certified) using fire assay methods on 30 gram splits.

Colin Bowdidge, Ph.D., P.Geo., a qualified person under National Instrument 43-101, has approved the technical content of this news release.

On behalf of the Board of Directors

Simon Tam
Director

THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED OR DISAPPROVED OF THE CONTENTS HEREIN.


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