Tenajon Announces Additional High Grade Drill Results From Moly Brook, Newfoundland

Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company" or "Tenajon") today
announced that it has received the results for four additional diamond drill
holes from its Moly Brook Molybdenum Property, located on the south coast of
Newfoundland. 


All holes intersected significant molybdenum mineralization including 91.44
metres of 0.085% Mo in Hole MB-08-20; 60.96 metres of 0.072% Mo in Hole
MB-08-23; 131.09 metres of 0.094% Mo in Hole MB-08-25 and a 60.96 m intercept
averaging 0.043% in Hole MB-08-21.


The holes are part of an initial 6,100 metre Phase 1 drill program designed to
test the along strike and dip extensions of the molybdenum mineralization
outside of the central core of molybdenum mineralization previously identified.
Due to the favorable results in the Phase 1 drill program, the Company commenced
a 3,050 metre Phase 2 drill program which is currently in its final stages. 


Holes MB-08-21 and MB-08-23 were drilled from the same site located in the
northwestern portion of the deposit. Hole MB-08-21 was drilled to define the
western limits of the zone. The hole intersected a series of mineralized
sections including a 60.96 metre intercept averaging 0.043% molybdenum. Hole
MB-08-23 was drilled off-section in a north western direction to better define
the western limits of the zone and to test a secondary molybdenum in soil sample
anomaly. The hole intersected a 152.42 metre section averaging 0.056% molybdenum
in which there is a 54.86 metre section averaging 0.072% molybdenum. Hole
MB-08-25 was drilled to test the zone approximately 80-100 metres up dip from
Hole MB-08-13 (222.50 metres averaging 0.076% molybdenum). The hole intersected
a 234 metre intercept averaging 0.066% molybdenum including a 131.09 metre
section averaging 0.094% molybdenum. This higher grade section is located 100
metres up dip from a section in Hole MB-08-13 averaging 0.082% molybdenum over
109.58 metres.


Hole MB-08-20 is located 80 metres south of Hole MB-08-14 (262 metres averaging
0.069% molybdenum including a 137 metre section averaging 0.092% molybdenum).
The hole was located to test the along strike continuity of the above intercept
and to test approximately 120 metres down dip the continuity of the
mineralization in Hole FC-96-06 previously drilled by Royal Oak Gold Mines (68
metres @ 0.052% molybdenum). The hole intercepted widespread molybdenum
mineralization. Results include a 252.99 metre section averaging 0.060%
molybdenum. Within the intercept there are higher grade intercepts including a
91.44 metre section averaging 0.085% molybdenum. The bottom of the intercept is
located 350 metres below surface and is open.


"Results from this year's program at Moly Brook continue to increase the
footprint of this near surface deposit," said Bruce McLeod, President & CEO of
Tenajon. Mr. McLeod adds, "it is imminent that a surface trenching program will
commence in order to demonstrate that this deposit will have a very low strip
ratio and an excellent opportunity to increase near surface resources."


Complete results for Holes MB-08-20, 21, 23 and 25 are tabulated at the end of
this press release.


For current drill hole locations along with detailed cross sections please view
the accompanying maps:


To view Moly Brook Drill Hole Location Map please click on the following link:
http://media3.marketwire.com/docs/tjs0730a.JPG 


To view Moly Brook Project Section B to B' please click on the following link:
http://media3.marketwire.com/docs/tjs0730b.JPG


To view Moly Brook Project Section D to D' please click on the following link:
http://media3.marketwire.com/docs/tjs0730c.JPG


The Moly Brook Property is located 2.5 km from the hamlet of Grey River on the
south coast of Newfoundland, less than 4 km from a deep water, ice free,
navigable fjord. The community is serviced daily by provincial ferries. For the
duration of the program the crew is operating out of a recently established 25
person camp, centrally located on the property. 


The Moly Brook Zone is located at the north end of a 2.5 km long trend of
sheeted quartz veining, stockwork and fracturing in which molybdenum occurs. At
the Moly Brook Zone drilling has intersected molybdenum within sheeted quartz
veins, in quartz vein stockwork and along fracture faces. Drilling has traced
the zone along strike for 750 metres depths to over 350 metres below surface.
The zone is open to the north and south. Assuming a general sub vertical
orientation to the zone the width is variable to 500 metres.


The drill program at Moly Brook is being completed by Geoscott Consultants under
the supervision of Dave Visagie, P. Geo., a Qualified Person as defined by NI
43-101.


At Moly Brook, drill core is sawn into halves with on half being sent for
analysis and the other kept for future reference. All samples are prepared at
Accurassay Labs' prep facility in Gambo, Newfoundland using a 600 gram split
with the resultant pulp being analyzed at Accurassay Labs, Thunder Bay, Ontario
using a 4 acid digestion with analysis by Induced Couple Polarization (ICP). A
stringent program of check, blank and duplicate sampling is employed.


On Behalf of the Board of Directors

TENAJON RESOURCES CORP.

D. Bruce McLeod

Cautionary Statement Regarding Forward-Looking Information

All statements, trend analysis and other information contained in this press
release relative to markets about anticipated future events or results
constitute forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "seek", "anticipate",
"believe", "plan", "estimate", "expect" and "intend" and statements that an
event or result "may", "will", "should", "could" or "might" occur or be achieved
and other similar expressions. Forward-looking statements are subject to
business and economic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those contained in the
forward-looking statements. Forward-looking statements are based on estimates
and opinions of management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements even if
circumstances or management's estimates or opinions should change. Investors
should not place undue reliance on forward-looking statements.




Table of Results for Moly Brook Property Holes MB-08-20, 21, 23 and
MB-08-25

---------------------------------------------------------------------
            Length      From        To    Interval
HOLE            (m)       (m)       (m)         (m)    Mo %    MoS2 %
---------------------------------------------------------------------
MB-08-20    517.30     47.24     56.39        9.15    0.075     0.125
---------------------------------------------------------------------
                       99.06    102.11        3.05    0.047     0.078
---------------------------------------------------------------------
                      150.88    153.92        3.04    0.085     0.141
---------------------------------------------------------------------
                      199.64    473.96      274.32    0.058     0.096
---------------------------------------------------------------------
                or    214.88    467.87      252.99    0.060     0.100
---------------------------------------------------------------------
               Inc.   214.88    306.32       91.44    0.085     0.141
---------------------------------------------------------------------
                or    214.88    251.46       36.58    0.143     0.237
---------------------------------------------------------------------
                      409.96    443.48       33.52    0.067     0.111
---------------------------------------------------------------------

---------------------------------------------------------------------
MB-08-21    438.47     23.77     29.87        6.10    0.035     0.058
---------------------------------------------------------------------
                       60.39     87.87       27.48    0.044     0.073
---------------------------------------------------------------------
               Inc.    66.45     75.59        9.14    0.065     0.108
---------------------------------------------------------------------
                      115.21    176.17       60.96    0.042     0.070
---------------------------------------------------------------------
               Inc.   136.55    154.88       18.33    0.053     0.088
---------------------------------------------------------------------

---------------------------------------------------------------------
MB-08-23    549.70     32.91    185.33      152.42    0.056     0.093
---------------------------------------------------------------------
                or     32.91    130.45       97.54    0.061     0.101
---------------------------------------------------------------------
               Inc.    69.49    130.45       60.96    0.072     0.120
---------------------------------------------------------------------
               And    170.08    185.33       15.25    0.079     0.131
---------------------------------------------------------------------
                      337.81    340.86        3.05    0.100     0.166
---------------------------------------------------------------------

---------------------------------------------------------------------
MB-08-25    450.61     14.63     23.78        9.15    0.035     0.058
---------------------------------------------------------------------
                       57.32    383.54      326.22    0.060     0.100
---------------------------------------------------------------------
                       57.32    292.07      234.75    0.066     0.110
---------------------------------------------------------------------
                       60.37    191.46      131.09    0.094     0.156
---------------------------------------------------------------------
                       69.51    100.00       30.49    0.130     0.216
---------------------------------------------------------------------
                      133.54    173.17       39.63    0.113     0.188
---------------------------------------------------------------------
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