Trade Winds Files Updated NI 43-101 Technical Report for Block A on SEDAR

Trade Winds Ventures Inc. (TSX-V: TWD, FSE: TVR) (“Trade Winds” or the “Company”) is pleased to announce that further to the Company's news release dated December, 30 2010, the independent National Instrument 43-101 compliant technical report for the Block A property, a 50/50 joint venture with Detour Gold Corporation (“Detour Gold”), located adjacent to Detour Gold’s Detour Lake gold project in northeastern Ontario, has been filed on SEDAR. This updated estimate contained within an open pit shell was completed by Watts, Griffis and McOuat Limited (“WGM”), Consulting Geologists and Engineers, of Toronto, Canada and complies with National Instrument 43-101 (“NI 43-101”) Standards of Disclosure for Mineral Projects. Trade Winds is the operator of the Joint Venture exploration program. The full text of the technical report is also available on the Company’s website at www.tradewindsventures.com.

The focus of the report is the In-pit Mineral Resource Estimate for Block A presented in the Trade Winds December, 30 2010 press release and summarized below. This mineral resource estimate is an update of the July 2009 Technical Report by WGM and contains data from an additional 30 diamond drill holes totaling 11,591 metres completed in 2010. The 2010 drilling program targeted near-surface gold mineralization of the M Zone regions with spacing greater than 80 metres within the pit area, as well as testing the western extension of the modeled pit. A Lerch-Grossman optimized pit shell was used to generate an updated in-pit mineral resource.

Notes:

(1) The mineral resources are classified as indicated and inferred, and comply with the CIM mineral resource definitions referenced in National Instrument 43-101.

(2) Base case assumes a gold price of US$1,000/oz gold and US$ exchange rate of $1.08.

(3) Mineral resources that are not mineral reserves do not have demonstrated economic viability.

(4) The quantity and grade of reported inferred resources in this estimation are conceptual in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured resource category.

(5) The tonnages and grades quoted are undiluted. Gold grades were capped at values ranging from 10 g/t to 100 g/t based on statistical analysis.

(6) Parameters and methodology are presented in the Trade Winds December, 30 2010 press release and the NI 43-101 technical report posted on www.SEDAR.com and the Company’s website.

Ian Lambert, CEO of Trade Winds, stated about the technical report: ”This mineral resource estimate and corresponding technical report has been prepared independently by Watts, Griffis and McOuat Limited for Trade Winds, acting as Operator for the 50/50 Joint Venture between Detour Gold and Trade Winds on Block A at Detour Lake. These estimated results, using industry standard parameters and best possible estimates of costs, have been determined and thoroughly reviewed by WGM in stating the resource within this report.”

“Based on these results, Trade Winds has embarked upon a 30,000 metre program of both infill drilling and exploration drilling to the west and outside the pit. Assay results will be published as available throughout the program. Further updates to the block model and resource estimate will be made upon completion of the 2011 drilling.”

Quality Assurance and Quality Control (“QA/QC”) Program

The Company has implemented a quality control program to ensure best practices in sampling and analysis of the core samples. The core is first logged then sawn in half during the sampling process with the half being retained for verification and reference purposes. During sample collection and assaying, there is an established QC procedure for using standards, duplicates and blanks. It is Trade Winds’ policy that blanks are inserted after high grade gold mineralized samples, especially those with visible gold. The samples were delivered direct to ALS-Chemex Laboratories preparation facility in Timmins, Ontario Canada. Sample pulps were shipped from there to ALS-Chemex Laboratories in Mississauga Ontario, Canada for analysis. Trade Winds used Chemex AU-AA24, which is a 50 g fire assay with AA finish. Samples returning greater than 10 g/t Au were automatically processed using a fire assay-gravimetric finish. Total metallic assays for gold were also performed on selected intervals. All sample batches assayed by Chemex included a standard multi-element ICP package. The coarse rejects and pulps are kept in Timmins for re-assaying purposes and then returned to the Trade Winds site where they are stored at the exploration site.

NI 43-101 Compliant Report

The mineral resource estimate block model was completed by Pierre Desautels, P.Geo, a Senior WGM Associate Geologist. The Lerch-Grossman pit shells and final mineral resource estimates were completed by Gordon Zurowski P.Eng, a Senior WGM Associate Mining Engineer. Metallurgical testwork was completed at SGS Canada (Lakefield) under the independent supervision of Andy Holloway, P.Eng, a Senior WGM Associate Process Engineer The material in this news release has been reviewed and approved by Mr. Desautels and Mr. Zurowski of WGM, both Qualified Persons as defined by NI 43-101 and by Stephen Wallace, P.Geo, Senior VP Exploration of Trade Winds, also a Qualified Person as defined by NI 43-101.

Forward Looking Information

Certain information included in this news release constitutes "forward-looking statements". The words "expect", "will", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to, risks associated with the mining industry such as government regulation, environmental and reclamation risks, title disputes or claims, success of mining activities, future commodity prices, costs of production, possible variation in mineral reserves, mineral resources, grade or recovery rates, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, the timing of estimated future production, capital expenditures, financial market fluctuations, requirements for additional capital, conclusions of economic evaluations, limitations on insurance coverage, risks associated with using third-party contractors and inflation. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Information Concerning Estimates of Mineral Resources

This news release uses the terms 'indicated' and 'inferred' resources. The Company advises investors that although these terms are recognized and required by Canadian regulations (under NI 43-101 Standards of Disclosure for Mineral Projects), the U.S. Securities and Exchange Commission does not recognize them. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves. In addition, 'inferred resources' have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, or economic studies except for Preliminary Assessment as defined under NI 43-101. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.

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