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Message: NEWS - Georgia Ventures Inc. - Advisory Board Appointment

NEWS - Georgia Ventures Inc. - Advisory Board Appointment

posted on Oct 02, 2007 10:12AM
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VANCOUVER, BC, Oct. 2 /CNW Telbec/ - Georgia Ventures Inc. ("Georgia" or the "Company") (TSX-V: GVI) (FRANKFURT: G4Y) is pleased to announce the appointment of Mr. Paul Matysek M.Sc., P. Geo., to its Advisory Board.

Mr. Matysek is the President, CEO and co-founder of Energy Metals Corporation NYSE Arca: EMU, TSX: EMC and an experienced geochemist/geologist with a Bachelor of Science degree and a Masters of Science degree in Geology. Energy Metals Corporation has recently been acquired by Uranium One, a deal valued at over one billion dollars. With over 25 years of domestic and international experience,Mr. Matysek is a recognized entrepreneur specializing in developing resource-based companies from conception to production. Mr. Matysek has held senior management and/or director positions with several natural resource exploration and development companies. These have included, First Quantum Minerals, First Majestic Resources, Vannessa Ventures Ltd and Dundarave Resources Ltd.Mr. Matysek has been instrumental in the acquisition and development of a number of significant precious metal and base-metal properties and has been involved in raising over$200 million dollars for various exploration and development projects since 1999. He is also a member of the Association of Professional Engineers and Geoscientists of British Columbia.

Mr. Jonathan George, President of Georgia stated, "We are delighted that Mr. Matysek has agreed to join the Company's advisory board. He brings with him a wealth of experience and knowledge and we look forward to his contributions as we move forward with the development of the El Creston Molybdenum project."

Georgia hereby advises its shareholders and capital markets that is not invested in any short-term commercial paper or asset-backed securities. The Company's cash is invested in a Bank of Nova Scotia Bearer Deposit Note.

About Georgia Ventures Inc.: Georgia Ventures Inc. is a Canadian mineral exploration company focused on the development of the El Creston Molybdenum deposit in Sonora,Mexico. The El Creston Molybdenum deposit contains the following mineral resources at a 0.035% Mo Cut-off grade:

1. Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimates of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing or other relevant issues.

2. The quantity and grade of reported inferred resources in this estimation are conceptual in nature and there has been insufficient exploration to define these inferred resources as an indicated or
measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral
resource category.

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Dr. Luca Riccio, PhD., P. Geo, a Qualified Person as defined by National Instrument 43-101, is responsible for the technical information contained in this News Release.

On behalf of the Board

(Signed) "Jonathan W. George"

President

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

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: Mr. Jonathan George, (604) 694-0005, (604) 684-9365 (FAX), www.georgiaventures.com; Renmark Financial Communications Inc.: Christine Stewart: cstewart@renmarkfinancial.com; Tina Cameron: tcameron@renmarkfinancial.com; Media - Adam Ross: aross@ renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com

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