Conway Resources reports on the progress of work at the Belleterre Mine
property

QUEBEC CITY, Oct. 26 /CNW Telbec/ - Conway Resources Inc. ("Conway" or the "Company") (TSX-V: CWY) is pleased to report on the progress of work at the Belleterre Mine property in Guillet Township, in the Temiskaming region of Quebec.

Since the completion of the financing with a mining fund in early October, Conway has initiated the following work:

• Sampling of targets identified by geophysical surveys conducted in early 2010, which, among other things, enabled Conway to discover a new altered grey-quartz vein (the type of vein targeted by the Company) at least 300 metres long to the south of Vein 12 (assay results pending);
• Sampling of the tailings pond to assess its economic potential (assay results pending);
• Geophysical surveying on the western portion of the Belleterre Mine property (results pending);
• Requests for bids from two engineering firms to establish the cost and timeframe of dewatering and reinforcing of the Belleterre underground mine workings; and 
• The process of obtaining the authorization certificate for shaft dewatering at the Belleterre Mine property.

Conway expects to receive the assay and survey results in the coming weeks, which will enable the Company to plan its next drilling program. The Company should also receive information soon on the final value of the gold bar produced from bulk sampling on the Conway and Paquin veins.

Jean-Louis Robert, D.Sc. Geol., Director of Conway and a qualified person under National Instrument 43-101, has reviewed the contents of this press release. 

About Conway Resources Inc.

Conway is a mining exploration company that owns four gold properties and one rare metals property in Quebec. Its main asset is the Belleterre Mine property. The property is the site of the old Belleterre mine which produced over 800,000 ounces of gold between 1936 and 1959. A total of 2.18 million tonnes of ore at an average grade of 10.73 g/t Au were extracted from the mine, primarily from vein 12 (95% of production). Earlier reports indicate the presence of at least 21 veins on the property.

More information can be found on Conway's website at www.ressources-conway.com.

Forward-Looking Statements

This press release contains certain forward-looking statements that might involve uncertainty, time frames, and/or known and unknown risks beyond the Company's control. The Company's actual results, performance and achievements may differ materially from the results, performance and achievements implied by such forward-looking statements. Factors that could cause actual results to differ from those implied by forward-looking statements include, in particular, changes in the market gold price, the value of the Canadian dollar or the grade of the ore mined and unanticipated difficulties in mining activities that could have an impact on operating revenues and costs, as well as uncertainty regarding government regulations. 

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

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