Silver Grail Resources

Press Release

April 24, 2006

Clone, Tonga And Campbell Ridge Properties To Be Drilled

Silver Grail Resources Corp. ("SVG:TSX-V") ("Silver Grail") and Teuton Resources Corp. ("TUO:TSX-V") ("Teuton") are pleased to announce that a drill contract has been signed with Aggressive Drilling of Kelowna, BC to drill the Clone, Tonga and Campbell Ridge properties, all situated southeast of Stewart BC.

A summary of targets for each property follows:

•  Clone-New targets developed by ground-truthing of several geophysical anomalies identified by a recently completed Aeroquest airborne survey (see News Release dated April 19, 2006). The principal target lies 800m northeast of the high-grade gold shears in the Main zone that were the subject of a $3 million program from 1995-98.

•  Tonga-An 800 by 1,800 metre area marked by anomalous EM responses within a magnetic low, coincident with a zone of silver-molybdenum geochemical anomalies (see News Release dated Mar. 15, 2006).

•  Campbell Ridge-A 2.5 km long trend is marked by pervasive molybdenum geochemical soil anomalies. Twenty-five of sixty rock samples taken from within the anomalous areas returned values from 0.10% to 2.4% Mo.

All of the properties are jointly owned as between Silver Grail and Teuton. The Clone property is currently under option to Canasia Industries Corp. ("CAJ.H:TSX-V")("Canasia"). Canasia can earn a 50% interest in the Clone property by spending $1.8 million over the five year term of the option (see News Release dated Nov. 30, 2005). Silver Grail and Teuton will be the operator during the term of the option.

D. Cremonese, P.Eng., is the Qualified Person for Teuton Resources Corp. and Silver Grail Resources Corp., in regard to data presented in this News Release.

D. Cremonese, P.Eng., is the Qualified Person for Teuton Resources Corp. and Silver Grail Resources Corp., in regard to data presented in this News Release.

"Dino Cremonese, P.Eng."
President

The foregoing securities have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation or sale would be unlawful.

This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. Silver Grail Resource Ltd. And Teuton Resources Corp. do have an ongoing obligation to disclose material information, as it becomes available.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

• SITEMAP|
• SUBSCRIBE|
• LINKS

COPYRIGHT 2007