KAS Khalkos Exploration

The Board of Directors of KHALKOS EXPLORATION INC. ("Khalkos") (TSX VENTURE:KAS)
is proceeding with important changes in regards the Company's business plan and
strategic direction. Under the direction of the new President, the Company will
realign its exploration activities to focus mainly on the research and
development of high grade narrow-vein gold deposits in Abitibi. The Company is
also evaluating the possibility of acquiring a mobile modular processing unit
made in Quebec with a 50 to 100-ton per day capacity. The new business plan will
allow the Company to position itself in an underdeveloped niche in Quebec. The
Directors are confident that, with the development of its Villebon project, the
Company will be capable of starting a modest yet affordable and low-cost gold
production with a development plan over three years. For the first year, the
plan will include stripping, a bulk sampling program, the start of permitting
requests, metallurgical tests, and the validation of the historical data. For
the second year, the Company plans on meeting and consulting with stakeholders
followed by the construction, installation and running of the mobile unit.
Production is expected in the third year, followed by the rehabilitation and
restoration of the site. 


Following the changes in the business plan, the Board of Directors will suggest
to shareholders to change of the name of the Company in its upcoming Information
Circular for the next Annual Shareholders' Meeting. The purpose of the name
change is so to better reflect the Company's new mission of mining small and
medium size gold deposits. The development of several small-scale deposits will
allow the Company to reach its goal, which is to produce ounces of gold over the
medium-term in an economically, ecologically and socially profitable manner. 


RESIGNATION OF A DIRECTOR

Khalkos also announces the recent resignation of Mr. Gilles Dupuis from the
Board of Directors. The Board of Directors would like to kindly thank Mr. Dupuis
for his invaluable contribution to the development of Khalkos.


This press release was prepared by Robert Gagnon, geologist, President of
Khalkos, Qualified Person pursuant to National Instrument 43-101. 


Statements in the release that are "forward-looking statements" are based on
current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially. We undertake no duty to
update any forward-looking statement to conform the statements to actual results
or changes in our expectations.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Robert Gagnon
President
514-750-9026
514-510-7964 (FAX)
rgagnon@khalkos.com


Frederic Sahyouni
CFO
514-750-9026
514-510-7964 (FAX)
fsahyouni@khalkos.com
www.khalkos.com

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