MONTREAL, Feb. 7 /CNW Telbec/ - Stellar Pacific Ventures (SPX) is pleased to announce that drilling will resume on its Vassan property located within the Val d'Or gold camp. The program comprises two phases of 2,000 m each (total budget of $400,000). Phase 1 mostly consist of definition drilling around previously obtained high grade intersections while Phase 2 will test the extensions of the Hamelin structure. Compilation of the 2005 results and re interpretation of all historical and recent data indicates that several previous drill holes (2002 and 2003) probably missed the structure. The company is confident that the depth, western and eastern extensions of the Hamelin structure are probably still wide open. A high grade corridor, approximately 150 m wide, can be defined within a more extensive vein structure. Best grades obtained in 2005 include: 60.40 g/t Au over 0.41 m in hole V2005-09, 33.5 g/t Au over 0.70 m and 24.90 g/t Au over 0.30 in V2005-01 and 24.50 g/t Au over 1.10 in V2005-04. The sub-vertical structure can now be traced laterally for approximately 350 m and for 500 m at depth. Most holes of Phase 1 will be centered on the high grade corridor while drilling of Phase 2 will be aimed at its extensions. Two short holes of Phase 1 will test the western extension of the structure since these holes have to be drilling on ice. The objective of the company is to produce a preliminary mineral inventory before the end of the year. The technical information contained in this press release has been prepared by Pierre O'Dowd P. Geo, a qualified person as per National Instrument 43-101. Stellar Pacific Venture Inc. is a junior mining exploration company listed on the TSX-V whose primary objective is to develop and bring into production viable gold deposits. "Michel Lemay" _______________________________ Michel Lemay President The TSX Venture Exchange has in no way approved or disapproved the contents of this press release.