HIP Newstrike Brands Ltd

Highpointe Exploration Inc. (TSX VENTURE:HIP) (the "Company", "Highpointe") has
received drill assays from its Tasco Property (the "Property") which is located
in the Taseko River area of west central British Columbia. The Tasco Property
consists of 6,586.144 hectares located 150 kilometers southwest of Williams
Lake, British Columbia and 200 kilometers north of Vancouver. The Property has
similar characteristics to other porphyry deposits and occurrences that are
located in the same general area including the Prosperity deposit of Taseko
Mines situated 50 kilometres to the north.


The Company drilled two holes totalling 683 metres on the Property. Both of
these holes intercepted long intercepts mineralized with copper, molybdenum and
silver. Drill Hole #1 returned an impressive 216 metres with 0.29% copper, 0.02%
molybdenum and 1.9 grams/tonne ("g/t") silver. Hole #2 also defined a thick
mineralized zone of 120 metres assaying 0.31% copper, 0.02% molybdenum and 3.3
g/t silver. Significant assays are outlined in table 1. The higher grade
sections within the larger mineralized zone are also shown in table 1. Of
interest in hole #2 is the potential for higher grade intervals on the Tasco
property. Note that the bottom 33 metres of historic drill hole #81-2 reportedly
ran 0.08% Mo, supporting increasing molybdenum grade with depth. 


Table 1: Significant Assays from the Tasco Property



----------------------------------------------------------------------------
                                                                            
DDH           From (m)     To (m) Length (m)        Cu%        Mo%    Ag g/t
----------------------------------------------------------------------------
#1             158.00     178.00      20.00       0.18        N/A        1.8
----------------------------------------------------------------------------
#1             192.00     408.00     216.00       0.29       0.02        1.9
----------------------------------------------------------------------------
INCLUDING      266.00     322.00      54.00       0.39                      
----------------------------------------------------------------------------
#2              20.00     140.00     120.00       0.31       0.02        3.3
----------------------------------------------------------------------------
INCLUDING       64.00      94.00      30.00       0.42                  6.45
----------------------------------------------------------------------------
#2             152.00     204.00      52.00       0.19       0.02        2.0
----------------------------------------------------------------------------
#2             226.00     267.00      41.00       0.13       0.04        1.1
----------------------------------------------------------------------------
INCLUDING      254.00     267.00      13.00                  0.09           
----------------------------------------------------------------------------



Robert Coltura, President states, "Highpointe is very pleased with these drill
results from our Tasco property. Of great importance to us was the consistency
of the copper and molybdenum grades throughout the mineralized zones. This
demonstrates a robust porphyry system of which BC is world famous. At this time
Highpointe management is working on a strategy to move forward with this
exciting property." 


Also of interest is that fact that hole #2 had to be stopped at a depth of 267
metres in good mineralization due to poor weather conditions. Both of these
drill holes contained long intersections of copper mineralization with
associated molybdenum and silver. The copper-molybdenum-silver mineralization is
contained within various intrusive phases including diorites and quartz
porphyries. The mineralization appears to fit within the calc-alkaline porphyry
model. Chalcopyrite and molybdenite are mainly associated with quartz veinlets,
and chalcopyrite is also present on fractures and as disseminations.


Hole #1 was drilled about 115 metres northerly from the historical hole 81-02
that returned 289 metres grading 0.28% copper and 0.02% molybdenum and which
ended in mineralization. A Qualified Person has not verified this historical
drill data and therefore HighPointe Exploration cautions the reader not to rely
upon them. Hole #2 is about 100 metres southerly from 81-2. 


The results of an airborne ZTEM resistivity survey support the continuation of
mineralization with depth. The drilling was carried out over a 500-metre
diameter resistivity core that has been interpreted as well-altered intrusive
rocks. The ZTEM data suggests that the drilling has not reached this deeper
geophysical target.


Qualified Person

Stephen B. Butrenchuk, P.Geo., P.Geol., is a Director of the Company and is the
Qualified Person that has reviewed and approved the technical content of this
press release.


These are sample results, taken from mineralized intervals of the drill holes.
Depths and lengths are core lengths and not true widths. The intercepts
disclosed in this news release are significant intercepts and not all the
samples submitted for analysis. Samples were submitted to ACME Laboratories
("ACME") in Vancouver, BC for crushing, pulverizing and analysis. Samples are
taken from drill core, split in half along the core axis. One half is sent to
ACME and the other half retained by the Company for future reference. The
Company applies a full quality assurance and quality control program (QAQC)
system for every batch of samples submitted to the lab (copper standard, field
sample duplicate and blank). Copper standards, blank samples and duplicate
samples were inserted into the sample stream at approximately 30 sample
intervals. All QC/QA samples were within acceptable limits.


On behalf of the Board of Directors

HIGHPOINTE EXPLORATION INC.

Robert Coltura, President & Chief Executive Officer

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