Acrex Ventures Ltd. (Acrex) has received final assay results from its 2008 diamond drilling program on its optioned Don's Lake Gold Property located in Northwestern Ontario.

The drill program, which was completed on October 8, 2008, focused on a prominent shear zone, the Don's Lake Shear Zone (DLSZ). This gold bearing structure was previously tested by eight historical diamond drill holes. Three of these historical holes intersected good gold grades: hole DL 04-04 with 0.36 oz Au per ton over 3.3 feet (12.3g/t over 1.0 metres); hole Bam 88-12 with 0.566 oz Au per ton over 3.6 feet (19.4g/t over 1.1 metres); and hole Fry-1 with 0.605 oz. Au per ton over 0.4 feet (20.7g/t over 0.12 metres). In 1978, trenching by Urangesellschaft is reported to have returned an assay of 0.136% U3O8 and 0.117 oz/t gold across 6.6 feet (4.0g/t across 2.0 metres) from a trench located along the south side of the DLSZ.

In Acrex's drill program a total of 1000 metres of drilling was completed in 5 drill holes. A total of 244 drill core samples were shipped to Accurassay Laboratories located in Thunder Bay, Ontario. Final results of analysis have been received and tabulated showing two holes, DL0801 and DL0805, with significant gold intersections. The best intersection was obtained in hole DL0805 where 3.052 g/t gold was obtained over a 3 metre core length from 62.0 to 65.0 metres depth.

Drill holes ranged in depth from 140 to 272 metres. Holes DL0801 and DL0805 were completed at each end of the 1.3 kilometre section of the DLSZ. Elevated gold values were returned from within or adjacent to the silicified, sericite rich, DLSZ shear zone.

Significant results returned from core samples taken from two drill holes completed in the 2008 drilling are summarized in the table below.

Drill Hole	From	To	Width* metres	True* Width	Au g/t
DL0801	78.2	83.0	4.8	3.4	0.835
including	81.5	83	1.5	1.1	1.375
DL0805	60.5	65	4.5	3.2	2.290
Including	62.0	63.7	1.7	1.2	3.065
and	63.7	65	1.3	0.9	3.036

*Note: The DLSZ is interpreted to be steeply dipping, intersected by drilling at an average hole dip of -46 degrees. Therefore true widths are estimated to approximate 70% of the intercept width.

These results confirm that the DLSZ target contains gold-bearing potential in the areas drilled by holes DL0801 and DL0805. The 2008 drilling complements results of previous drilling reported on the property. These results, together with historic drilling, show gold mineralization along a 2.3 kilometer section of the DLSZ target.

Mr. Perry Grunenberg of PBG Geoscience oversaw the diamond drill program and undertook logging and sampling of core. Further data compilation, reporting and recommendations will be undertaken by PBG Geoscience over the next several weeks.



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