Firestone Ventures Inc. ("Firestone") (TSX VENTURE:FV)(FRANKFURT:F5V) is pleased
to announce further results from its ongoing zinc exploration reconnaissance
program in the Central Guatemala Zinc District. Chip samples from
zinc-lead-silver surface mineralization contained values up to 51.96% zinc,
3.05% lead and 29.1 ppm silver over 2.4 m.


"The new zinc-lead-silver prospects identified as a result of our reconnaissance
program are at an early stage but preliminary results are very encouraging,"
says Pamela Strand, President of Firestone Ventures Inc. "Firestone has
completed over 20 initial property examinations of high-grade zinc-lead-silver
occurrences in the Central Guatemala Zinc District and several prospects are
targeted for follow-up property-scale fieldwork."


Rome Project 

Firestone's new Rome Project is located in Central Guatemala near the city of
Coban and is easily road-accessible. Zinc-lead-silver mineralization is hosted
in Cretaceous dolomite, brecciated limestone and phyllite and was historically
worked on a small scale for lead. A 2.4 m rock chip sample across mineralized
outcrop contained 51.96% zinc, 3.05% lead and 29.1 ppm silver. A second 2.4 m
chip sample several meters from the first sample contained 49.44% zinc, 2.17%
lead and 31.6 ppm silver. A grab sample with visible galena contained 17.78%
zinc, 3.28% lead, and 39.8 ppm silver. The orientation of the mineralization is
undetermined.


Field crews completed an initial program of geological mapping, prospecting and
soil sampling. A total of 118 soil samples were collected on a 50 m by 50 m grid
covering an 800 m by 400 m area. A broad 200 m wide east-west trending
zinc-lead-silver in-soil anomaly was defined extending to the edges of the grid
and is open in three directions. A total of 51 of the soil samples yielded
values above 500 ppm zinc up to a maximum value of 9199 ppm zinc (0.92%).
Coincident with the anomalous zinc values were anomalous lead values. A total of
46 soil samples yielded values above 500 ppm lead to a maximum value of 4344 ppm
lead (0.43%). Six soil samples contained values greater than 4.0 ppm silver, up
to a maximum value of 19.9 ppm silver (19.9 g/t). Field crews are currently
extending the soil grid.


In addition, a second zone of interest on the Rome Project area was identified
2.4 km southeast of the initial soil grid. Field crews collected 10 rock samples
and 13 soil samples over a 1 km x 1 km area. Results are pending.


Athens Project 

The Athens Project Area is road accessible and is located 30 km from the city of
Coban. The property features iron-rich gossanous material and is also underlain
by Cretaceous dolomite and brecciated limestone. Three rock grab samples were
collected and the best sample contained 2.44% zinc, 3707 ppm lead and 43.4 ppm
silver. Field crews will begin a surface exploration program to follow up on
these highly encouraging results.


Central Guatemala Zinc District 

Firestone has first mover status in the new Central Guatemala Zinc District and
has assembled a 900 square km land package within a 250 km long carbonate-hosted
zinc-lead-silver belt that has seen little modern exploration despite the small
scale historical mining of numerous oxide and sulphide zinc occurrences.
Firestone's extensive land package consists of both pending concession
exploration license applications and approved exploration licenses. Firestone
has applied for exploration concession licenses over both the Rome and Athens
Project areas and approval is pending at the Ministry of Energy and Mines.


Samples are sent to the Inspectorate Guatemala sample preparation facility in
Guatemala City for preparation and then the pulps are sent by courier to the
International Plasma Labs Ltd. ("IPL") facility in Vancouver, British Columbia,
Canada for analysis using 30 element ICP and 30g FA/AAS. Over limit zinc and
lead analyses were further analyzed by atomic absorption methods. The upper
limit for zinc is 20%, and samples containing more than this threshold were
re-analyzed using titration. Soil samples are analyzed using 30 element ICP and
30 g FA/AAS.


Lori Walton, P.Geol., Firestone's Qualified Person as defined by National
Instrument 43-101 has reviewed and approved the technical content of this news
release.


This news release may contain forward looking statements, being statements which
are not historical facts, including, without limitation, statements regarding
potential mineralization, exploration results, resource or reserve estimates,
anticipated production or results, sales, revenues, costs, "best-efforts"
financings or discussions of future plans and objectives. There can be no
assurance that such statements will prove accurate. Such statements are
necessarily based upon a number of estimates and assumptions that are subject to
numerous risks and uncertainties that could cause actual results and future
events to differ materially from those anticipated or projected. Important
factors that could cause actual results to differ materially from the Company's
expectations are in Company documents filed from time to time with the TSX
Venture Exchange and provincial securities regulators, most of which are
available at www.sedar.com. The Company disclaims any intention or obligation to
revise or update such statements unless required by law.


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