2007-01-16 - News Release

Mr. Alexander Helmel reports

4% COPPER ASSAY VALUE FOUND IN FORMER NORANDA TEST PIT AT CALDERA

Network Exploration Ltd. (the "Company") (TSX.V: NET.H) reports that its over-limit sample reported October 31, 2006 sampled from its recently optioned Caldera gold and copper porphyry property in Chile has been re-assayed and found to contain a highly anomalous copper content of 4.026%.

Nine samples were taken September 26, 2006 during a final due-diligence visit to Caldera by Professional Engineer Mr. Peter Folk and Director of International Operations Mr. Richard Schnoor. Of the samples taken and reported October 31, 2006, the over-limit sample has now been re-analyzed by ACME analytical Laboratories Ltd. and reported to contain 4.026% Copper. The sample (#118522) was a chip sample taken from a test pit 100m east of one of the trenches excavated by Noranda during their exploration program in 1994 and 1995. The existing surface and placer mines on the property have historically produced gold but the highly anomalous presence of copper warrants further exploration.

Director of International Operations Mr. Richard Schnoor states: “This highly anomalous copper sample found in a test pit formerly used by Noranda complements the seven anomalous copper assays received by the Company in October as outlined below.”

Sample #	Type	Copper (Cu) %
118518	Grab	.0160
118519	Grab	1.670
118520	Grab	0.671
118522	Chip	4.026
118523	Trench	0.293
118524	Trench	0.444
118525	Trench	0.291
118526	Trench	0.468

“We are very excited to receive this result as it supports the existence of the copper porphyry at the property. Our upcoming exploration programs will be designed to evaluate the extent of the presence of gold and copper in the system.”

Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at 604 638-7363 (toll free 866-637-5138).

Network Exploration Ltd.
www.networkexploration.com
(604) 638-7363

We seek Safe Harbor.

THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. These statements include "characteristics of a gold and copper porphyry system with excellent geological potential". There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.