	Tuesday, April 29, 2008 Santoy Responds to BC Government Halt on Uranium Exploration and Development
	NR: 08-05 Santoy Resources Ltd. (TSX.V: SAN) wishes to inform its shareholders that the news release by British Columbia Minister for State for Mining, Kevin Krueger, dated April 24, 2008 has negatively impacted the value of Santoy's equity investment in Boss Power Corp. also a TSE Venture Exchange listed Company. Boss Power was in the process of developing the Blizzard uranium deposit in the Greenwood Mining Division of south-central BC. Santoy is investigating its options with regard to our investment in Boss Power to ensure that we protect the rights of our shareholders. Santoy remains well financed and will continue to actively explore projects in other jurisdictions in Canada that remain open for business. The BC Government news release confirms that the Boss Power claims included the rights to uranium, but more importantly the release does not address the expropriation procedure the Government intends to use, nor any discussion regarding compensation for damage caused. The effect of the BC Government's moratorium on uranium exploration and development is an expropriation of the Blizzard deposit. The actions of the BC Government were completed without due process or any consultation. Santoy remains committed to the exploration for uranium as a necessary activity to promote the reduction of greenhouse gases. Furthermore, we remain confident that such exploration and development can be managed in a safe and prudent manner, as has clearly been demonstrated elsewhere in Canada over the past fifty years. 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 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" R. K. Netolitzky, President & CEO 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.

Virginia Energy Resources Inc.

	EN DÉVELOPPEMENT
	CODE : VAE.V
	ISIN : CA9278051011

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Virginia Energy est une société d’exploration minière d'or et de cobalt basée au Canada.

Virginia Energy est en développement de projets d'or, de cobalt et d'uranium en USA, et détient divers projets d'exploration au Canada.

Son principal projet en développement est COLES HILL PROPERTY en USA et ses principaux projets en exploration sont 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 et BINGO au Canada.

Virginia Energy est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 8,0 millions CA$ (7,2 millions US$, 5,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 23 février 2007 à 8,00 CA$, et son plus bas niveau récent le 17 avril 2009 à 0,07 CA$.

Virginia Energy possède 57 230 614 actions en circulation.

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Virginia Energy Resources Inc.

Responds to BC Government Halt on Uranium Exploration and Development

Virginia Energy Resources Inc.