Win-Eldrich Retains Investor Relations Service Provider and Grants Stock Options

   TORONTO, Aug. 31 /CNW/ - Win-Eldrich Mines Limited (TSXV - WEX) announces that it has entered into an agreement with Gold Seek LLC for it to provide certain investor relations services to Win-Eldrich including assistance in the preparation and update of investor information. Pursuant to this agreement, Win-Eldrich has granted stock options to purchase 25,000 common shares. The stock options are exercisable at a price of $1.90 per share until September 30, 2007, vest in equal quarterly installments and are otherwise subject to the terms of the Company's stock option plan. The closing price of the Company's common shares on the TSX Venture Exchange on August 30, 2006 was $1.90.

The Company currently has 11,779,512 common shares outstanding and including the stock options grant described above, it has options outstanding to purchase a total of 890,000 shares.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information: Perry Muller, President and a Director of Win-Eldrich, at (402) 753-9134