TVI Pacific Inc. Sells Alaska Oil Assets

N E W S R E L E A S E

TSX: TVI OTCQX: TVIPF November 9, 2011

TVI Pacific Inc. Sells Alaska Oil Assets

CALGARY, ALBERTA--(Marketwire –November 9, 2011) - TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) ("TVI" or the “Company") is pleased to announced that the Transaction to sell all of its leasehold interests in Alaska is now complete.

On November 7, 2011, TVI announced that the Company’s wholly-owned subsidiary, TG World Energy, Inc., entered into a definitive agreement to sell all of its leasehold interests in Alaska. The transaction closed on November 9, 2011.

About TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF)

TVI Pacific Inc. is a publicly-traded Canadian company that is focused on the production, development, exploration and acquisition of resource projects in the Philippines. TVI produces copper and zinc concentrates from its Canatuan mine, is developing its Balabag gold-silver project and is carrying out an exploration program at its Tamarok copper-gold property. TVI also has an interest in an offshore Philippine oil property.

Rhonda Bennetto Ian McColl Vice President, Investor & Corporate Relations Investor Relations Analyst TVI Pacific Inc. TVI Pacific Inc.

403.265.4356 403.265.4356 [email protected] [email protected]

Connect With Us www.tvipacific.com Follow us on Twitter www.twitter.com/tvipacific "Like" us at www.facebook.com/tvipacific

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.