VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 24, 2007) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Georgia Ventures Inc. (TSX VENTURE:GVI)(FRANKFURT:G4Y) ("Georgia" or the "Company") announces the formation of an Advisory Board to provide senior level guidance and consultation to management as the company advances the Creston Molybdenum Deposit in Sonora, Mexico. Georgia is pleased to announce the appointment of Mr. Anthony Harvey to the Advisory Board.

Mr. Harvey has over 40 years of consulting experience on numerous mining projects internationally with capital costs ranging up to or exceeding $400 million. Thirty of these years were with Wright Engineers Ltd.-Fluor Daniels in various management positions, including Senior Project Manager involved in the design and construction of 14 mines world wide on behalf of major mining corporations.

Mr. Jonathan George, President of Georgia, stated, "Our Advisory Board will play an active role in developing and executing our corporate strategy. Mr. Harvey has first hand experience with a wide range of technical, commercial, corporate and associated public company activities with considerable interface around the world with governments, financial institutions and the media. We are very fortunate to be able to count on his future contributions."

On behalf of the Board

Jonathan W. George, President

Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government, and changes to regulations affecting the mining industry. Forward looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues, and mineral recovery processes. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance, or achievements.

This News Release is not intended for distribution in the United States.

FOR FURTHER INFORMATION PLEASE CONTACT:

Georgia Ventures Inc.
Mr. Jonathan George

(604) 694-0005
(604) 684-9365 (FAX)

Website: www.georgiaventures.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.