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Geneva Resources, Inc. to Resume Core Drilling Program on Nigerian Property

    RENO, Nev., Oct. 30 /PRNewswire-FirstCall/ -- Geneva Resources, Inc.
 ("the Company") (OTC Bulletin Board: GVRS) plans to resume its core
 drilling program in Plateau State, Nigeria, during the first half of
 November 2007.
     The coring program includes two holes in the copper zone on the Jawando
 lease and two holes in the zinc zone on the Gimbi lease located in the Wase
 Local Government Area in the northern portion of the State. Both lease
 areas exhibited very high values in a pit sampling programs conducted by
 Geneva last summer. The representative copper sample from Jawando (Lease
 1511) assayed 23.77% and the representative zinc sample from Gimbi (Lease
 1510) assayed 54.02%. Assays were carried out at Acme Analytical
 Laboratories in Vancouver, BC, an ISO certified testing facility.
     The coring program will complete the due diligence of the copper, lead
 and zinc on properties held by Allied Minerals. The cores recovered will be
 split; half will be couriered to an ISO certified lab in Vancouver for fire
 assay and half sent to secured storage in Jos. To this end, the terms of
 the Property Financing and Operating Agreement between Geneva and Allied
 have been revised to provide time to complete the work necessary to produce
 due diligence review.
     The coring program has been extended by heavy rains over the last three
 months. Extreme local flooding, the heaviest in the last fifty years,
 claimed the lives of more than twenty people and collapsed several area
 access road bridges, isolating Wase and the mining target areas to the
 north completely.
     David Urquhart, a Canadian engineer based in Calgary, is in charge of
 the program. He will supervise the drilling, collection, shipping and
 storing of the core samples. Once the necessary assay work has been
 completed, Mr. Urquhart will prepare and submit his due diligence report to
 Geneva. The Company aims to complete the entire project so that it can meet
 its obligations under the Property Financing and Operating Agreement with
 Allied by mid December 2007.
     Geneva Resources, Inc. is a mineral exploration company participating
 in known mineral producing regions. The Company is focused on the
 exploration and advancement of well-defined gold, copper and mineral
 prospects. Geneva Resources' current exploration initiatives include
 Central Peru; Nigeria, Africa; and Panama.
     For further information see: http://www.genevaresourcesinc.com
     Symbol: OTCBB -- GVRS; Frankfurt/Berlin Symbol -- R3M, WKN No.: A0MMCN;
 ISIN: US3722371073
      Contact North America: Investor Relations
      Tel.: 866-418-6011
      Contact Europe: Investor Relations
      Tel.: +49-69-7593-8437
     SAFE HARBOR STATEMENT
     THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM
 IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS
 AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF
 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY
 HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS
 REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
     EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS
 DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE
 SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS
 TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS
 EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL
 FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT
 INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR
 "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND
 UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS
 ASSOCIATED WITH PROPERTY DEVELOPMENT AND FUNDING AS WELL AS THE RISKS SHOWN
 IN THE COMPANY'S MOST RECENT ANNUAL REPORT ON FORM 10-KSB AND ON FORM
 10-QSB AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION
 REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE
 REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL
 REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS
 EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE
 COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY
 ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF
 THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO
 UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL
 RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING
 STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS,
 EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE,
 THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS
 WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION
 SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE
 COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION.
     THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO
 TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND
 THE OTCBB NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS
 RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE
 SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE
 SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE
 WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE
 SECURITIES LAWS OF ANY SUCH JURISDICTION.
 
 

SOURCE Geneva Resources, Inc.