Results From Exploration Activities At Long Lake And Costigan Lake Properties

VANCOUVER - Quadro Resources Ltd. reported results from recent exploration activities on its Long Lake and Costigan Lake properties in Central Newfoundland.The results include an assay of 33.65 grams per tonne (g/t) Au from angular quartz float on the Long Lake claims and 8.66 g/t Au from the Costigan Lake area. The Long Lake property is located immediately north of Marathon Gold's Valentine Lake deposits.

Quadro's Long Lake property is located along a possible splay of the auriferous Cape Ray Fault. Mineralization hosted on these established operations is not necessarily indicative or representative of the mineralization that may be hosted on the Company's property.

A total of 117 rock samples were collected during the initial Long Lake program and was focused on areas with anomalous Au-in-soils and tills delineated from historic work as well as areas underlain by a diorite/monzonite geological unit, similar to the host rock at the Valentine Lake deposits. A field description of the two highly anomalous samples: Sample # 480450 – 33.65 g/t Au - 30 cm by 30 cm slab of angular quartz float with 12% disseminated pyrite. The underlying geology is mapped as diorite/monzonite; & Sample # 480438 – 8.66 g/t Au –grab sample of a quartz veined sedimentary unit (outcrop). Underlying geology is mapped as part of the Tulks volcanic/sedimentary belt.

Quadro acquired through staking an additional 30 units in two licenses to cover the strike extension of the geology underlying the quartz float. The follow-up sampling and prospecting program will be extended to these new claims. Follow-up mapping and sampling is in progress, focused on the monzonite unit. A number of samples have been delivered for analysis and the sampling will also include an orientation soil sampling program. An excavator has been mobilized to the Tower Grid area and trenching is in progress. The focus in this program is to better understand the source of the highly anomalous Au-in-till anomaly which had up to 4.53 g/t Au in Heavy Mineral Concentrate and included numerous grains of pristine gold grains. Results from this ongoing program will be released as they become available.