TORONTO, ONTARIO -- (MARKET WIRE) -- 10/10/2006 -- YSV Ventures Inc. ("YSV") (NEX BOARD: XSV.H) announced today that Mr. Richard Rivet has resigned from the Board and that Mr. Jeremy Brett has been appointed Director of the Company.

Mr. Brett is a senior consulting geophysicist with over 12 years of experience on a wide variety of mineral exploration projects. He has designed, supervised and interpreted ground and airborne geophysical surveys for gold, diamonds, base metals and uranium exploration in various parts of Canada, Africa, southeast Asia and South America. Mr. Brett has drawn upon his skills in project management, personnel coordination, program design, implementation, budgeting, quality control, data interpretation, project integration, software-based exploration data synthesis, target prioritization and target testing to further exploration efforts in a variety of classic gold exploration settings. Mr. Brett also brings his experience with corporate governance and securities issues, in the context of junior exploration companies.

ABOUT YSV

YSV is a company that is conducting exploration for base metals and gold in Ontario. YSV has interest in a substantial gold exploration land package in the Kirkland Lake region in Northern Ontario. YSV also owns a 100% interest in 25 staked claims in the James Bay Lowlands adjacent to the Spider Resources/KWG Resources JV property known as the McFaulds Property.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.

Neither the TSX Venture Exchange, nor any other securities regulatory authority has approved or disapproved of the contents of this news release.