Mr. Cameron MacDonald reports

AURWEST RESOURCES CLOSES OPTION AGREEMENT ON PORTER LAKE URANIUM PROPERTY

Aurwest Resources Corp. has closed its previously announced option agreement with Critical Path Minerals Corp. (the optionee) pursuant to which the optionee has granted Aurwest the exclusive right and option to acquire a 100-per-cent interest in the Porter Lake property located in Saskatchewan's Athabasca basin.

Under the terms of the option agreement, Aurwest has the sole and exclusive right and option to acquire up to a 100-per-cent interest in the Porter Lake property in consideration for incurring a minimum of $1,515,000 in exploration expenditures and making the securities issuances set out below (in each case subject to and in accordance with the rules and policies of the Canadian Securities Exchange (the CSE)):

• On or before the one-year anniversary date of the option agreement, Aurwest must incur at least $455,000 in exploration expenditures on the property.
• Upon receipt of regulatory approval, payment to the optionee of eight million units (defined below) of Aurwest, subject to a voluntary escrow with one-fourth of these securities released every six months.
• On or before the two-year anniversary date of the option agreement, Aurwest must incur at least $1.06-million in exploration expenditures on the property.
• On or before one-year anniversary date of the option agreement, payment to the optionee of $150,000 in units (defined below) of Aurwest, calculated on the anniversary date using a 20-day VWAP (volume-weighted average price) of the common shares of Aurwest at that time.

Each unit issued by Aurwest to the optionee comprises one common share and one-half common share purchase warrant and each warrant is exercisable at a price that is a 25-per-cent premium to the 20-day VWAP calculated at the date of issuance, subject to a minimum exercise price of five cents as per CSE policies, and at any time within two years from the date of issuance, and the units shall be priced using a 20-day volume weighted average at the anniversary date of the common shares of Aurwest as listed on the CSE. Following exercise of the option. The optionee will also retain a 2.0-per-cent net smelter return royalty on the Porter Lake property, half of which may be repurchased at any time prior to commercial production for a one-time cash payment of $1-million by Aurwest.

Qualified person

The scientific and technical information contained herein has been reviewed and approved by Bill Dynes, PGeo, a technical adviser to the company, who is a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure of Mineral Projects.

About Aurwest Resources Corp.

Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of uranium and gold properties in Canada.

We seek Safe Harbor.