BUD Satori Resources Inc

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.


Satori Resources Inc. (TSX VENTURE:BUD) ("Satori" or the "Company") announces
that preliminary sample results from two distinct areas of the tailings
containment area at the Tartan Lake Gold Mine Project ("Tartan") were identified
as having potential to contain gold missed from historic milling. The Company
has prioritized these areas for follow-up and has engaged Betteridge Enterprises
Ltd. ("Betteridge") of Saskatoon, Saskatchewan, an independent contractor
specializing in precious metal recovery for the global mining industry for over
19 years, to conduct the sampling and follow-up program.


During the sampling program, 13 to 17 holes were dug from each area by a backhoe
to a depth of eight feet and samples were collected every two feet. A
homogenized composite sample of five pounds was then collected from each hole
and tested using gravity methods at Betteridge's facility in Saskatoon, with
corresponding check and repeat assays at the SRC Geoanalytical Laboratories,
Saskatoon, Saskatchewan. Based on these results, two priority areas (Areas 1 and
6) were identified as having potential for gold recovery. Areas 1 and 6 together
have dimensions of approximately 90 feet by 80 feet. 


All results are preliminary and conceptual in nature and are non-compliant with
National Instrument 43- 101 ("NI 43-101"). Sample sizes are small and there has
been insufficient testing to accurately determine ounces of recoverable gold
from the Tartan tailings. It is uncertain that further testing or processing of
the tailings will result in the economic delineation of mineral resources but
was intended to provide the Company with certainty to undertake the next steps.


Assays and check analyses were sent to SRC Geoanalytical Laboratories in
Saskatoon, Saskatoon for analysis using fire assay ICP for gold and silver. 


Pamela Strand, P. Geo., a director of Satori, is a qualified person for purposes
of NI 43-101 who supervised the preparation of the information forming the basis
for this press release.


The Company further announces a non-brokered private placement offering for
gross proceeds of up to $300,000 (the "Offering"). The Offering will comprise
the sale of units ("Units") at a price of $0.03 per Unit. Each Unit will consist
of one common share in the capital of the Company ("Common Share") and one full
non-transferable Common Share purchase warrant ("Warrant"). Each Warrant shall
entitle the holder to acquire one full Common Share at a price of $0.05 at any
time within 12 (twelve) months from issuance, and thereafter, at a price of
$0.10 until the expiry of two years from issuance, subject to the accelerated
expiry provisions described below.


Finders fees equal to 7% of the gross proceeds raised, in addition to the
issuance of a number of finder warrants ("Finder Warrants") equal to 7% of the
number of Units issued, shall be paid to finders or other third parties (a
"Finder") upon closing. Each Finder Warrant entitles the holder to acquire an
additional Common Share at an exercise price of $0.05 at any time within 12
months of the closing of the Offering, subject to the accelerated expiry
described below.


The Offering is being made pursuant to TSX Venture Exchange Bulletin which
provides for temporary relief from certain pricing requirements, and
accordingly, the Offering is subject to certain conditions, as well as approval
by the TSX Venture Exchange and any other applicable securities legislation. The
securities comprising the Units will be offered to all Qualified Purchasers
resident of any Canadian Province, in reliance upon exemptions from the
prospectus and registration requirements of applicable securities legislation.
The securities issued upon the closing of the Offering will be subject to a four
month hold period from the date of issue, including any other re-sale
restrictions imposed by applicable securities regulatory authorities. Insiders
of Satori may, subject to regulatory approval, participate in up to 25% of the
Offering. 


If, commencing four months after the closing of the Offering, the common shares
of Satori trade at or above $0.17 on the TSX Venture Exchange for a minimum of
20 consecutive trading days, then Satori shall have the right to give notice of
early expiry of the Warrants. Early expiry shall accelerate and be automatically
amended to be the 30th day after the date on which Satori gives notice to the
Warrant holder of such acceleration. 


The proceeds from the Offering will be used as follows: for ongoing evaluation
of the re-processing of tailings at the Tartan Lake Gold Mine Project and for
general working capital purposes.


ABOUT SATORI RESOURCES INC.

Satori is a Toronto-based mineral exploration and development company whose
primary property is the Tartan Lake Gold Mine Project (100% interest), located
in the prolific Flin Flon Greenstone Belt, Manitoba. 


CAUTION REGARDING FORWARD-LOOKING INFORMATION 

This news release of Satori contains statements that constitute "forward-looking
statements." Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause Satori's actual results,
performance or achievements, or developments in the industry to differ
materially from the anticipated results, performance or achievements expressed
or implied by such forward-looking statements. Forward looking statements are
statements that are not historical facts and are generally, but not always,
identified by the words "expects," "plans," "anticipates," "believes,"
"intends," "estimates," "projects," "potential" and similar expressions, or that
events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this document include statements regarding
Satori's expectations regarding ownership, entitlements, drilling and
exploration activities on properties in which Satori has, or believes it has an
interest. There can be no assurance that such statements will prove to be
accurate. Actual results and future events could differ materially from those
anticipated in such statements, and readers are cautioned not to place undue
reliance on these forward-looking statements. Any factor could cause actual
results to differ materially from Satori's expectations. Satori undertakes no
obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change,
unless otherwise required by law.

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