2008-05-21 - Red Lake Exploration, Inc. Updates Its Diamond Drill Program on Camila

2008-05-21 09:30 ET - News Release

THUNDER BAY, ONTARIO -- (MARKET WIRE) -- 05/21/08

Red Lake Exploration, Inc. (OTCBB: RLKX) -

Red Lake Exploration, Inc., www.redlakeexploration.com, is pleased to report on the ongoing drill program on its Camila copper-gold property in Chile.

Three diamond drill holes have been completed totaling 575 metres. Two of the holes targeted the Zorro Vein at depth and the third hole tested the nearby Camila Breccia. Initial interpretations of the core are very encouraging and additional drilling is planned based on visual results. Initial assay results are expected within four to six weeks.

The Camila property is made up of four mining and exploration concessions totaling 770 hectares in the highly prospective Candelaria iron-oxide-copper-gold (IOCG) belt. Recent exploration has identified multiple mineralized structures with significant alteration indicative of IOCG systems.

The company's president, Caitlin Jeffs, stated, "These encouraging results, although preliminary, confirm our belief in the potential of the Camila project. The current drill program is designed to test for a large IOCG system."

The company also announces that John Di Cicco has resigned as president and CEO and Caitlin Jeffs has been appointed to replace him effective April 21, 2008. Ms. Jeffs has been a director of the company since October, 2007 and will continue in that role.

About Red Lake Exploration, Inc.

Red Lake Exploration, Inc. is engaged in acquiring, exploring and developing high-grade copper-gold assets in Chile. Its headquarters are in Thunder Bay, Canada.

Safe Harbor: Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1955. Although Red Lake Exploration, Inc. believes the expectations reflected in these forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be met. Factors that could cause actual results to differ materially from expectations include financial performance, regulatory changes, changes in economic conditions and other risks detailed from time to time in Red Lake's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release represent the company's views as of the date of this press release. The company is not obligated and does not undertake to update any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

Contacts:
Red Lake Exploration, Inc.
Caitlin Jeffs
President
Toll Free: 1-866-907-5403
Website: www.redlakeexploration.com