Edgewater Exploration Terminates Option to Acquire Troon's Troy Property

   Troon Ventures Ltd. (TSX VENTURE: TVN) (the "Company" or "Troon") has been notified by Edgewater Exploration Ltd. ("Edgewater") that it is terminating the Option Agreement to acquire the Company's Troy Property, located 65 km southwest of Chapleau, Ontario.

About Troon Ventures Ltd.

Troon is a well funded exploration and development company intent on establishing growth through an aggressive acquisition business model. The Company possesses an experienced group of directors with a proven track record of creating shareholder value by successfully completing numerous mergers and acquisitions, raising over $2 billion in capital and bringing several projects to production. Troon is currently focused on acquiring mineral properties with established resources and exploration upside that will create significant shareholder value.

ON BEHALF OF THE BOARD,

TROON VENTURES LTD.

D. Bruce McLeod, President

Forward-Looking Statements

This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and Troon does not intend, and does not assume any obligation, to update these forward-looking statements.

Forward-looking statements relate to future events or future performance and reflect Troon management's expectations or beliefs regarding future events and include, but are not limited to, statements with respect completion of the private placement and related matters. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Troon to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in Troon's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although Troon has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Troon Ventures Ltd. Bruce McLeod 1-604-687-7545 or Toll Free 1-888-338-2200 Troon Ventures Ltd. Chris Curran 1-604-687-7545 or Toll Free 1-888-338-2200 604-689-5041 (FAX) [e-mail] www.northair.com/troon/