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Gold Sale Update

December 11, 2007: Erin Ventures Inc. (TSX-Venture: EV) reports that commercial production of gold continues on its Ceibo Chico Property in Belize. In November of 2007, Erin sold a total of 8287.5 grams (266.9 oz.) of raw gold that was recovered during its September and October gold production, for net proceeds of CAD$122,497.57. Direct operating costs relating to this gold production totaled approximately CAD$34,250. The sale was conducted through Technic Canada of Markham, Ontario.

Historically, the months of December and January are the rainy season in this part of Belize, making operations difficult. Production and exploration are ongoing and will continue as long as weather conditions permit. If, as and when operations are suspended because of the heavy rains, additional upgrades are planned for the gold production dredge to further increase its capacity and operating efficiency prior to the next dry season.  

On behalf of the Board of Directors,
Blake Fallis, General Manager

The technical information in this release was prepared by James E Wallis, M.Sc. (Eng), P. Eng. a director of the Corporation, who is a Qualified Person under National Instrument 43-101.

About the Ceibo Chico Gold Prospect

  • The property consists of 4 contiguous Exclusive Prospecting Licenses covering approximately 34 square kilometers (13 square miles), and a 160.25 hectare (396 acre) Mining License, in west/central Belize.
  • Erin has an option agreement to acquire up to 90% equity in the Prospect.
  • A 2 km wide zone in the upper area of the drainage system appears to be the host rock for the residual gold in the drainage system.
  • Erin has commenced gold production of the alluvial gold found on the Fan to establish cash flow to help off set exploration costs

Erin Ventutures Inc.
Phone: 1-250- 384-1999 or 1-888-289-3746
www.erinventures.com

A Schwab and Associates (Investor Relations).
Phone: 1-250-764-7677 or 1-800-537-4099
Email: aschwab@silk.net

Erin’s Public Quotations:
Canada
TSX Venture: EV
USA
SEC 12G3-2(B) #82-4432
OTCBB: ERVFF
Europe           
Berlin Stock Exchange: EKV

Forward Looking Statements
This release contains forward looking statements.  The words "believe," "expect," “feel,” "plan," "anticipate," “project,” “could,” “should” and other similar expressions generally identify forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.  These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, variations in estimated costs, the failure to discover or recover economic grades of minerals, and the inability to raise the funds necessary for the continued operations of the Company, changes in external market factors including commodity prices, and other risks and uncertainties.  Actual results could differ materially from the results referred to in the forward-looking statements.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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