Macktush Property Winter Exploration Update

January 18, 2007 - SYMC Resources Limited ("SYMC" or the "Company") (TSX-V: SY) is pleased to announce final results from its 2006 work program consisting of prospecting of airborne geophysical targets, and diamond drilling programs on previously known targets on its wholly owned Macktush Property near Port Alberni, B.C.

Both geochemistry and assay results have been received by SYMC from Acme Analytical Laboratories ("Acme") for all 336 rock samples and 26 stream sediment moss mat samples taken from four airborne electromagnetic anomaly clusters (Rex, Cous, West and Macktush) by SYMC's prospecting crews since June 2006. Several outcrop (o/c) rock samples and moss mat samples from the Rex and Cous clusters, and one outcrop rock sample from the Beach area east of the Macktush Cluster, have yielded elevated values in copper, gold, silver and/or iron and occasionally in molybdenum, lead, zinc and/or other mineral deposit pathfinder elements. Highlights received since the fall exploration update (see SYMC October 25, 2006 news release) from selected (sel.) outcrop (o/c) grab and representative (rep.) outcrop chip samples are as follows:

Cluster

Sample No.

Sample Description

Cu %

Au g/t

Ag g/t

Fe %

Cous

312742

0.5 m. rep outcrop chip
of Fe/Cu skarn

0.373

0.183

17.5

32.2

Cous

312746

0.5 m. rep. outcrop chip
of Fe/Cu skarn

0.246

0.097

3.4

27.4

Cous

312747

0.25 m. rep. outcrop chip
of Fe/Cu skarn

0.111

0.683

0.4

35.7

Cous

343712

0.33 m. select outcrop grab
of Cu skarn

2.355

0.350

5.0

6.2

Cous

343713

0.5 m. sel. outcrop grab
of Fe/Cu skarn

0.139

0.387

0.6

28.7

Cous

343717

0.33 m. sel. outcrop grab
of Qtz.-S. vein

0.262

0.169

3.0

3.3

Cous

343719

select outcrop grab
of mineralized tuff

0.269

0.255

3.1

4.8

Cous

343721

5 m. sel. o/c grab
mineralized porphyry

0.255

0.181

3.4

4.6

Cous

343722

0.13 m. select outcrop grab
Qtz.-S. vein

0.249

0.330

7.4

3.9

Cous

343726

select outcrop grab
of Fe/Cu skarn

0.452

0.255

9.3

26.9

Cous

343730

5 m. slect o/c grab
of mineralized tuff

0.095

0.140

1.5

4.5

Cous

343733

2 m. select o/c grab
of mineralized tuff

0.116

0.057

0.7

4.5

Beach

343809

1.2 m. select outcrop grab
Qtz.-S. vein

0.834

0.024

3.0

3.8

(and

0.01%

Mo)

Cous

343879

1 m. sel. o/c grab
mineralized volcanic

0.805

0.424

0.7

3.2

Cous

343883

10 m. sel. o/c grab
of mineralized tuff

0.162

0.009

0.4

8.7

Rex

343891

3 m. sel. outcrop grab
mineralized tuff

0.119

0.014

0.2

18.2

Rex

343892

0.25 m. sel. outcrop grab
S.-Qtz. vein

13.910

2.713

29.0

30.8

Rex

343894

4 m. sel. o/c grab
of intrusive breccia

0.174

0.752

0.5

6.9

Cous

343901

0.2 m. sel. outcrop grab
of Fe skarn

0.049

0.243

0.5

41.8

Cous

343905

0.06m. sel. o/c grab
of mineralized tuff

0.099

1.101

2.3

3.5

Cous

343923

1 m. sel. o/c grab
of mineralized tuff

0.440

0.025

0.3

7.0

(and

0.150%

Pb, 0.630% Zn)

The presence of elevated values of copper, gold and silver in outcropping magnetite-bearing iron (Fe) skarn and chalcopyrite-bearing copper (Cu) skarn mineralization discovered by SYMC prospecting crews at several locations in the Cous Cluster surrounding the MC Zones is very encouraging. Elevated copper, lead and zinc values in tuffaceous volcanics suggests the potential for volcanogenic massive sulphide mineralization as well. The presence of elevated copper, gold and silver in outcropping quartz-sulphide (Qtz.-S.) veins and intrusive breccia in the Rex Cluster has provided focal points for phase 2 work proposed on this large (5 by 3 km.) target area. Additional modeling of the 2005 airborne geophysical data, prospecting, detailed mapping, and tenching are warranted and proposed for 2007 both to follow up these new outcrop discoveries as well as to identify bedrock sources of elevated stream moss mat values.

Both geochemistry and assay results have been received by SYMC from Acme for three diamond drill holes which targeted the MC copper-gold-silver quartz-sulphide skarn/vein Zone. All three holes successfully tested the MC Zone (referred to as MC 1), and discovered additional parallel deeper zones (MC 2, MC 3), as follows:

Drill Hole Target Vein From To Interval Cu % Au g/t Ag g/t Fe %
MC-06-01

MC 1 Zone

31.1

35.1

7.0 m.

0.058

0.081

0.669

5.27

(-60O under

including:

31.1

31.7

0.6 m.

0.152

0.045

2.000

4.58

MC showing)

and:

33.2

35.1

1.8 m.

0.068

0.156

0.700

5.96

MC 2 Zone:

62.5

79.1

16.6 m.

0.164

0.194

2.051

7.92

including:

62.5

66.9

4.4 m.

0.132

0.096

1.652

7.96

and:

70.6

71.2

0.6 m.

1.380

1.193

15.30

6.79

and:

73.5

79.1

5.6 m.

0.205

0.266

2.749

7.11

MC 3 Zone

96.2

97.3

1.1 m.

0.037

0.797

0.900

7.80

MC-06-02

MC 1 Zone

32.5

32.8

0.3 m.

1.009

0.692

24.00

16.2

(-85.5O under

MC 2 Zone?

no

signif icant intercept
MC-06-01)

MC 3 Zone?

94.4

94.7

0.3 m.

0.638

0.582

4.000

12.3

MC-06-03

MC 1 Zone

35.7

36.0

0.3 m.

0.067

0.042

0.500

4.61

(-60O 50 m.

MC 2 Zone

69.5

79.4

9.9 m.

0.092

0.075

1.082

6.35

NNE of

including:

69.5

74.5

5.0 m.

0.161

0.123

1.961

8.04

Mc-06-01, -02)

including:

70.9

72.6

1.7 m.

0.306

0.218

4.000

8.51

and including:

78.5

79.4

0.9 m.

0.073

0.098

0.800

7.33

MC 3 Zone

109.3

111.1

1.8 m.

0.058

0.132

1.000

5.03

The copper-gold-silver mineralization intersected during the 2006 drilling program at the MC 1-3 Zones consists of WNW-dipping, sub-parallel quartz-calcite-sulphide stockwork veins hosted by highly altered volcanics and containing variable pyrite, chalcopyrite, pyrrhotite and bornite. Additional drilling is warranted and proposed for 2007 on the MC Zones, and initial drilling is also warranted and proposed for 2007 on the Rex target. A permit to drill the Rex target is pending from the B.C. government, subject to a possible archaeological study as requested by one of the Port Alberni area First Nations. All further work on the Company's properties will be subject to the company completing equity financing to fund this work.

All of SYMC's work programs are supervised by Jacques Houle, P.Eng. who is a qualified person under National Instrument 43-101 for the purposes of this news release.

The Company has also granted Incentive Stock Options to newly elected Directors in the aggregate amount of 500,000 common shares exercisable at $0.15 per share for periods of 5 years with expiry date to October 23, 2011. The Incentive Stock Options grants are pursuant to the Company's Stock Option Plan as outlined in the Information Circular dated June 2, 2005, as approved by the majority of shareholders of the Company at its Annual General Meeting held on June 30, 2005.

About SYMC

SYMC is an active mining exploration company which owns three mineral properties in B.C. and is currently exploring them for gold, silver, copper and molybdenum.

Herbert McMaster
President

For Further Information Contact:
Herbert McMaster, President
(604) 723-7027

Mark T. Brown, CFO
(604) 687-3520