NEWS RELEASE

January 18, 2006

 

PERUVIAN ACQUISITION PROGRAM

Ballad Gold & Silver Ltd. (“Ballad”) BGS – TSX.V is currently reviewing several exploration properties in Peru for acquisition.

Ballad has a long history of property acquisitions, exploration and development in Peru including the acquisition of all the Peruvian properties, assets and data base of TVX Gold Inc. in 1997.

The properties under review include gold, silver, copper and zinc properties in advanced to grassroots stages.

Ballad is utilizing its contacts, data base and former geologists to assist with its acquisition program.  Ballad has an established infrastructure in Peru including wholly owned subsidiaries.

Further information on possible acquisitions will be released as developments occur.

BALLAD GOLD & SILVER LTD.

Per:  “Anthony J. Beruschi”
                                                           
Anthony J. Beruschi, President

For further information please contact the president, Anthony J. Beruschi B.Sc. LLB.
 at 604.682.7159 or 1.888.880.2288 or ajb@balladnet.com

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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