Norwood Resources intends to recommence field exploration activities this fall on the Indoklanicsa concession in Nicaragua. The board of directors is currently reviewing drilling recommendations which have resulted from a series of technical and engineering workshops conducted during the past six months by the Company's technical and operations team with participation from several independent accredited Canadian US petrophysical and engineering consulting firms.

A final decision will be taken very shortly on the recommended drilling program, the goal of which is to achieve commercial production at the San Bartolo location by the end of the year. Specific details of the drilling program will be reported within the coming weeks when the Company has received the necessary approvals from the Nicaraguan authorities.

The Company's operations team will be headed by Mr. Roberto Rodrigano, a leading drilling and production engineer and specialist in under-balanced drilling, who has brought many important wells into production around the world during his 39 year career.

Tags: Norwood Resources Ltd.