Deveron Acquires Stake in Rapidly Expanding Organic Fertilizer Business

Deveron Resources Ltd. (TSX VENTURE:DVR) ("Deveron" or the "Company") is pleased
to announce that the Company has acquired an initial stake in Boreal
Agrominerals Inc. ("Boreal"). Deveron has purchased a 6% interest in Boreal,
which owns and operates a significant carbonatite quarry near Sudbury, Ontario.
(Please visit: www.borealagrominerals.com.) 


Boreal is a private company that explores for, tests, develops and produces
organic-certified agromineral fertilizers and soil amendment products, targeting
the purest and most reactive minerals that are superior for organic as well as
conventional farming enterprises.  


The carbonatite product is referred to as Spanish River Carbonatite "SRC". The
material is designated by the Organic Materials Review Institute in Eugene,
Oregon, as "OMRI Listed" and therefore may be used in certified organic
production. SRC has also passed the various Ontario and British Columbia
Ministry of Environment tests which are required to have the product included as
a compost amendment at various major landfill/composting sites and as a soil
amendment in those jurisdictions where parks, playing fields, lawns, forests and
gardens are being legislated as chemical free. 


The calcium carbonate (CaCO3) in SRC is one of the most reactive calcium
carbonate products (aglime) available in bulk in North America. With additional
credits for its other macro/micronutrients (including phosphorus and potassium),
and high activity clay, SRC is one of the best quality, and the only magmatic
high-calcium aglime available within North America's Agricultural Core. 


"Our mission is to be leaders in the development of a complete line of natural
agromineral fertilizers and soil enhancers for sustainable agriculture and soil
restoration," stated John Slack, Boreal CEO. "We are pleased to have Deveron as
an active investor/partner and look forward to working with them as Boreal ramps
up sales and production." 


"To their credit, over the past number of years, Boreal management has done most
of the heavy lifting in terms of acquiring a potentially massive carbonatite
deposit, testing the product and then educating the market place as to its
merits. Boreal is now at the point where sales are about to ramp up and they
expect to be cash flow positive this year. Organic farming is the
fastest-growing sector in North American agriculture. We are excited to be part
of this story and may increase our ownership in the future," said Jim Pirie,
Deveron CEO. 


For more information, please visit www.deveronresources.com or
www.borealagrominerals.com.


This news release includes certain "forward-looking statements" within the
meaning of that phrase under Canadian securities laws. Without limitation,
statements regarding potential mineralization and resources, exploration
results, and future plans and objectives of the Company are forward-looking
statements that involve various degrees of risk. Forward-looking statements
reflect management's current views with respect to possible future events and
conditions and, by their nature, are based on management's beliefs and
assumptions and subject to known and unknown risks and uncertainties, both
general and specific to the Company. Although the Company believes the
expectations expressed in such forward-looking statements are reasonable, such
statements are not guarantees of future performance and actual results or
developments may differ materially from those in our forward-looking statements.
The following are important factors that could cause the Company's actual
results to differ materially from those expressed or implied by such forward
looking statements: changes in the world wide price of commodities, general
market conditions, risks inherent in exploration, risks associated with
development, construction and mining operations, the uncertainty of future
profitability and the uncertainty of access to additional capital. Additional
information regarding the material factors and assumptions that were applied in
making these forward-looking statements as well as the various risks and
uncertainties we face are described in greater detail in the "Risk Factors"
section of our annual and interim Management's Discussion and Analysis of our
financial results and other continuous disclosure documents and financial
statements we file with the Canadian securities regulatory authorities which are
available at www.sedar.com. The Company undertakes no obligation to update this
forward-looking information except as required by applicable law. The Company
relies on litigation protection for forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Deveron Resources Ltd.
Investor Relations:
416-367-4571 ext. 233
www.deveronresources.com