Santoy Resources Ltd fka SAN

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Santoy Reports Drill Results From Fish Hawk Lake, CMB, Labrador

Tuesday June 5, 12:08 pm ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 5, 2007) - Santoy Resources Ltd. (TSX VENTURE:SAN - News) is pleased to announce that all analytical results of the Phase 1 diamond drilling program on the Company's 100% owned Fish Hawk Lake South and North zones have been received. These results confirm the presence of a significant uranium mineralized system at the Fish Hawk Lake South Zone.

Santoy completed 15 diamond drill holes for a total of 1642 meters; 13 holes tested the Fish Hawk Lake South Zone uranium mineralization and 2 holes were drilled to test the mineralization at the North Zone. The Fish Hawk Lake South and North zones, as well as the Central Zone, were discovered during ground follow-up of airborne radiometric anomalies in 2006 (see news release of May 10, 2007 for further details).

Fish Hawk Lake South Zone

Diamond drilling on the South Zone tested approximately 300 meters of strike length along the zone to vertical depths of between 25 and 120 meters. Significant radioactive zones were intersected in 10 of 13 drill holes. Drilling has confirmed that the mineralized zone can now be traced over a minimum strike length of 250 meters. The zone dips steeply to the north, and is open to the east and at depth. Interpretation of the drill results and airborne radiometrics further suggests that the western extension of the mineralized zone may be structurally controlled by a west-southwest plunging structure.

Highlights of analytical results from the South zone include 0.181% U3O8 over 4.50 meters and 0.106% U3O8 over 9.92 meters, both within a thicker zone of 0.063% U3O8 over 27.88 meters in FHLS-07-03; 0.419% U3O8 over 3.28 meters, including 1.153% U3O8, 0.790 oz/tonne silver and 0.5% copper over 0.94 meters in FHLS-07-09; and 0.065% U3O8 over 17.46 meters, including 0.100% U3O8 over 5.23 meters in FHCS-07-13. The South Zone mineralization was tested by FHLS-07-13 to a to a vertical depth of 120 meters, and the results confirm that the mineralization persists in grade and thickness at depth.

Significant mineralized intersections are included in the following table. True thicknesses are estimated at 85 to 90% of the core width for 45 degree dip holes, approximately 80% for 55 degree dip holes, and 65% to 70% for 65 degree dip holes. Maps illustrating the drill hole plan and significant drill intersections will be posted to Santoy's website as soon as available.

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