	Tuesday, September 25, 2007 Santoy and Mega Commence Drilling at Mustang Lake, CMB, Labrador
	News Release: 07-23 Santoy Resources Ltd. (TSX.V:SAN) is pleased to announce the start of its Phase 3 drilling program on the Mustang Lake property in the Central Mineral Belt of Labrador. Work on the property is part of a 50:50 joint venture with Mega Uranium Ltd (TSX: MGA). Mega is the operator. A minimum of 2,000 m of drilling (nominally 10 holes) is planned to test for extensions of the mineralized zone intersected in hole SP-06-10, which yielded 9.11 metres grading 0.12% U3O8 which is similar to the average grade at Aurora Energy's Michelin deposit, 8 km to the south west. Following the previous phase of drilling, geological mapping identified northeast-trending structures (shear zones) containing shallowly southwest-plunging lineations in the vicinity of known uranium mineralization. This led to an interpretation that the mineralization in SP-06-10 is hosted by a significant structure and likely plunges to the southwest, as does mineralization at the Michelin deposit. Drilling is being conducted in accordance with strict "best practices" guidelines and with the Mineral Exploration Standards implemented by the Nunatsiavut government. Comprehensive procedures are in place to ensure that no contamination of the environment occurs, and strict protocols have been established to maintain the health and safety of all program participants. Bruce River A program of water sampling from small streams, ponds and seepage zones on the Bruce River property has also been completed ( 50:50 Santoy JV). The Qualified Person, as defined by National Instrument 43-101, responsible for review of this news release is Rupert Allan, P. Geol. About Santoy Resources Santoy Resources Ltd. is a mining exploration company focused primarily on the energy sector. Emphasis is being placed on uranium projects in the Athabasca Basin of Saskatchewan, in Wollaston Domain rocks in northern Manitoba, in south-central British Columbia, in the Otish Mountains of Quebec, and in the Central Mineral Belt of Labrador. A description of our properties, including maps and photographs, can be viewed on the Company's website at www.santoy.ca. On Behalf of the Board of Directors SANTOY RESOURCES LTD. "Ron Netolitzky" Ron Netolitzky, President Cautionary Statement on Forward-Looking Information The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. For further information contact: Ron Netolitzky or Tony Perri - Investor Relations, Manager Suite 611, 675 W. Hastings Street Vancouver, British Columbia, Canada V6B 1N2 Tel: (604) 669-4799 Fax: (604) 669-2543 Website: www.santoy.ca

Virginia Energy Resources Inc.

	DEVELOPMENT STAGE
	CODE : VAE.V
	ISIN : CA9278051011

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Virginia Energy is a gold and cobalt exploration company based in Canada.

Virginia Energy develops gold, cobalt and uranium in USA, and holds various exploration projects in Canada.

Its main asset in development is COLES HILL PROPERTY in USA and its main exploration properties are ALIMAK/DECADE, RKN/GOLDEN HEART AREA, KASMERE LAKE, HAZEMPA LAKE, FIR ISLAND, PATTYSON LAKE, DOWLER LAKE, KARPINKA LAKE, THE BOW RIVER, ATHABASCA WESCAN SANTOY JV, OTISH, HAWK RIDGE, BLIZZARD, HATCHET LAKE, MUSTANG LAKE and BINGO in Canada.

Virginia Energy is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 8.0 millions as of today (US$ 7.2 millions, € 5.2 millions).

Its stock quote reached its highest recent level on February 23, 2007 at CA$ 8.00, and its lowest recent point on April 17, 2009 at CA$ 0.07.

Virginia Energy has 57 230 614 shares outstanding.

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Virginia Energy Resources Inc.

and Mega Commence Drilling at Mustang Lake, CMB, Labrador

Virginia Energy Resources Inc.