Mining Stock Report

[december]

January 5, 2007 - Press Release
NETWORK EXPLORATION RECEIVES 4% COPPER ASSAY AT CALDERA
Vancouver, British Columbia: Network Exploration Ltd. (the "Company") (TSX.V: NET.H) (US: NETYF.PK) reports that its over-limit sample reported October 31, 2006 sampled from its recently optioned Caldera gold and copper porphyry property in Chile has been re-assayed and found to contain a highly anomalous copper content of 4.026%.
Nine samples were taken September 26, 2006 during a final due-diligence visit to Caldera by Professional Engineer Mr. Peter Folk and Director of International Operations Mr. Richard Schnoor. Of the samples taken and reported October 31, 2006, the over-limit sample has now been re-analyzed by ACME analytical Laboratories Ltd. and reported to contain 4.026% Copper. The sample (#118522) was a chip sample taken from a test pit 100m east of one of the trenches excavated by Noranda during their exploration program in 1994 and 1995. The existing surface and placer mines on the property have historically produced gold but the highly anomalous presence of copper warrants further exploration.
As released November 9, 2006 the Company has signed an agreement to option a 50% interest in the Caldera property over a four year period consisting of work commitments totaling USD 1.05 million and cash payments totaling USD 340,000.
Director of International Operations Mr. Richard Schnoor states: “The highly anomalous copper samples we are receiving further justify our upcoming exploration projects at Caldera. We are very excited to receive this result as it supports the existence of the copper porphyry at the property. Our exploration programs will be designed to evaluate the presence of gold and copper in the system.”
The Company is currently arranging for its next phase exploration which will commence in January 2007.
Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at [phone] or visit the Company’s website: www.networkexploration.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Alexander Helmel"
President