Further to the News Release in the quarterly Financial Report of June 23rd 2008, we are pleased to announce that the preparation for the diamond drilling is in progress and the driller is on the site. A firm drilling contract has been signed with the driller for minimum of ten holes in the first stage. Out of 32 drill holes nine sites have already been located by a consulting Geophysicist. The actual drilling will commence shortly. As soon as drilling results start coming share holders will be kept informed.

‘Ram Vallabh’
President
Almo Capital Corp.

For further information

Ram Vallabh, President, Almo Capital Corp., Fax (604) 681-3601, Phone (604) 873-8168

Source: Almo Capital Corp.

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