News Release of The Howard Group's Client

Asia Now Resources Corp. (TSX VENTURE:NOW) is pleased to release assay results for six drill holes testing a large porphyry copper-gold-molybdenum mineralization system at its Habo property in Yunnan Province, China. The results further confirm the presence of widespread subsurface mineralization with local higher grade zones, potentially amenable to large-scale open-pit mining.

The drilling program is focused on the Habo South anomaly where extensive porphyry-style copper-gold mineralization has been found on prominent hills in the southern tenement of the project. The porphyry system covers an area at least 1,300 metres by 800 metres (open in all directions) within a soil geochemical anomaly 3.5 km by 2.1 km, outlined using 250 ppm copper, 16 ppb gold and 10 ppm molybdenum. This is one of four major gold-copper-molybdenum soil anomalies associated with the Habo intrusive complex.

All six drill holes started from mineralized and altered outcrops and stopped in mineralization or alteration. Hole HBD1301 is 200 metres southeast of the first hole, HBD901 (see news release dated July 19, 2007), and intersected copper and molybdenum mineralization that includes intervals of 17.6 metres at 0.39% copper, 4.0 metres at 0.73% copper and 0.047% molybdenum (1.55% copper equivalent - see Note following tables, below) and 3.0 metres at 0.43% copper and 0.069% molybdenum (1.61% copper equivalent).

Hole HBD601 is 1,000 metres northwest of HBD901, and intersected intervals that include 17.2 metres at 0.20% copper and 0.028% molybdenum (0.71% copper equivalent), 11 metres at 0.15% copper and 0.047% molybdenum (0.96% copper equivalent) and 1.9 metres at 0.11% copper and 0.19% molybdenum (3.33% copper equivalent).

Hole HBD501, located 210 metres northwest of HBD901, intersected near surface low grade copper and molybdenum mineralization, continuous for 143 metres, as well as intervals of higher grades at depth, such as 1.8 metres of 0.096% molybdenum.

Hole HBD502 is 180 metres east of HBD501, and stopped at a depth of 150 metres in a post-ore brecciated zone. Hole HBD006, located 600 metres northeast of HBD901, intersected several narrow intervals of copper mineralization; Hole HBD002, located 200 metres west of HBD006, stopped in mineralization at a depth of 87.7 metres because of an in-hole problem. Both HBD502 and HBD002 are within a quartz stockwork zone with low-grade mineralization. The assay results are summarized as follows:

HBD1301 (500.38 m)
From (m) To (m) Interval (m) Cu (%) Mo (%) Au (g/t) Cu eq.
71.15 72.79 1.64 0.68 0.020 0.02 1.02
118.38 124.38 6.00 0.39 0.007 0.02 0.52
128.77 129.38 0.61 1.34 0.000 0.02 1.35
189.38 192.98 3.60 0.62 0.000 0.01 0.63
187.38 204.98 17.60 0.39 0.001 0.01 0.41
including 199.38 to 201.38 2.00 1.17 0.004 0.05 1.26
237.38 241.38 4.00 0.73 0.047 0.07 1.55
including 239.38 to 239.68 0.30 3.12 0.370 0.60 9.58
269.38 272.38 3.00 0.43 0.069 0.05 1.61
281.38 286.38 5.00 0.32 0.004 0.03 0.40
325.38 327.19 1.81 0.87 0.000 0.05 0.89
332.73 335.98 3.25 0.42 0.006 0.08 0.56
342.98 344.38 1.40 0.19 0.020 0.02 0.53
347.88 349.88 2.00 0.17 0.020 0.06 0.53

HBD601 (500.19 m)
From (m) To (m) Interval (m) Cu (%) Mo (%) Au (g/t) Cu eq.
1.65 9.58 7.93 0.15 0.004 0.02 0.23
20.75 21.55 0.80 0.05 0.086 0.04 1.50
34.75 36.16 1.41 0.17 0.054 0.01 1.07
34.75 41.70 8.85 0.15 0.011 0.01 0.34
124.07 125.57 1.50 0.12 0.041 0.02 0.81
140.57 141.77 1.20 0.22 0.141 0.05 2.59
142.77 143.97 1.20 0.15 0.085 0.05 1.59
140.57 150.17 9.60 0.15 0.038 0.04 0.80
154.37 155.77 1.40 0.09 0.020 0.03 0.44
161.40 164.12 2.72 0.15 0.019 0.07 0.50
170.57 171.69 1.12 0.07 0.030 0.05 0.59
173.17 174.77 1.60 0.15 0.030 0.02 0.66
180.47 181.79 1.32 0.11 0.190 0.10 3.33
184.32 186.67 2.35 0.15 0.025 0.03 0.57
196.32 197.12 0.80 0.06 0.070 0.03 1.24
200.57 204.67 4.10 0.11 0.014 0.02 0.35
226.97 227.97 1.00 0.07 0.030 0.01 0.57
229.17 230.57 1.40 0.21 0.020 0.06 0.57
236.57 238.22 1.65 0.04 0.050 0.01 0.88
248.82 250.27 1.45 0.04 0.070 0.01 1.21
262.07 271.42 9.35 0.05 0.018 0.01 0.35
277.67 293.17 15.50 0.09 0.012 0.02 0.29
297.77 298.87 1.10 0.07 0.050 0.03 0.92
303.67 305.12 1.45 0.03 0.050 0.01 0.87
310.17 311.87 1.70 0.02 0.060 0.02 1.03
320.47 323.69 3.22 0.11 0.021 0.02 0.47
355.24 356.56 1.32 0.03 0.040 0.05 0.72
387.79 389.79 2.00 0.08 0.020 0.08 0.45
413.19 415.09 1.90 0.04 0.130 0.08 2.25
415.09 417.09 2.00 0.10 0.080 0.04 1.45
413.19 424.19 11.00 0.15 0.047 0.05 0.96
436.09 439.39 3.30 0.08 0.030 0.06 0.61
451.49 453.19 1.70 0.07 0.040 0.02 0.75
465.99 483.19 17.20 0.20 0.028 0.09 0.71
489.99 491.49 1.50 0.08 0.060 0.05 1.10

HBD501 (500.23 m)
From (m) To (m) Interval (m) Cu (%) Mo (%) Au (g/t) Cu eq.
23.28 27.87 4.45 0.03 0.008 0.115 0.23
39.44 187.92 143.21 0.14 0.010 0.033 0.32
194.81 200.73 5.52 0.18 0.013 0.063 0.42
215.67 246.12 28.87 0.11 0.010 0.051 0.30
including 226.76 to 227.53 0.73 0.14 0.071 0.070 1.36
306.08 326.08 19.33 0.05 0.013 0.020 0.28
390.53 391.83 1.24 0.02 0.020 0.040 0.37
401.03 402.53 1.49 0.05 0.019 0.030 0.39
414.53 416.53 1.99 0.04 0.018 0.010 0.35
447.71 449.53 1.81 0.04 0.096 0.010 1.63
467.93 469.93 1.98 0.03 0.029 0.040 0.53

HBD502 (150 m deep)
From (m) To (m) Interval (m) Cu (%) Mo (%) Au (g/t) Cu eq.
20.83 29.33 8.50 0.22 0.002 0.02 0.27
42.42 43.32 0.90 0.72 0.001 0.02 0.75
54.28 90.13 35.35 0.17 0.006 0.07 0.30

HBD006 (466.16 m deep)
From (m) To (m) Interval (m) Cu (%) Mo (%) Au (g/t) Cu eq.
53.56 55.46 1.90 0.50 0.004 0.02 0.58
57.08 58.25 1.17 0.36 0.005 0.03 0.46
59.77 61.24 1.47 0.35 0.000 0.03 0.36
107.00 108.57 1.57 0.37 0.001 0.01 0.39

HBD002 (87.7 m deep)
From (m) To (m) Interval (m) Cu (%) Mo (%) Au (g/t) Cu eq.
27.55 29.25 1.70 0.27 0.000 0.00 0.27
42.49 48.03 5.54 0.30 0.001 0.00 0.31
79.10 80.29 1.19 0.23 0.001 0.00 0.24
85.90 87.70 1.80 0.42 0.001 0.15 0.51

Note: copper equivalence was calculated assuming US$1.50/lb copper, US$25/lb molybdenum, US$500/oz gold; only results above 0.20% copper equivalent are shown. Metallurgical recoveries and net smelter returns are assumed to be 100%.

Because of continuous heavy rain, exploration has been slowed at Habo. One drill rig is continuing drilling, and surface geological mapping and compilation of geological and geophysical data for the drill core will be speeded up after the wet season that ends late in October. Efforts will be focused on establishing a three dimension model for the mineralization to assist ongoing exploration focusing on the high grade mineralization zones.

The Habo Project involves a cooperative joint venture with Yunnan Geology and Mineral Resources Company Limited called Yunnan Now Mineral Exploration Company Limited. It covers an area of 162 sq. kilometres, in which Asia Now can earn an interest of between 70% and 88%.

Drill core samples were cut in halves using a diamond saw. One half of the core was sampled and assayed using aqua regia digestion with AAS determination for gold, and hydrochloric/perchloric (HCl/HClO4) digestion with ICP-MS determination for copper, molybdenum, silver, zinc, lead and others (a total of 35 elements). For samples with Cu grade higher than 1%, a four acid (HCl/HNO3/HClO4/HF) digestion method and AAS determination were applied. All the assays were completed at Intertek Laboratory in Beijing in accordance with international standard ISO17025. To maintain independent quality control on the laboratory, duplicate samples are submitted from 5% of sample sites, and replicate samples are submitted for 3% of samples. In addition the laboratories use an extensive range of internal standards. External check assays are routinely performed on check samples submitted independently by the Company to Ultra Trace Analytical Laboratories, Canning Vale, Western Australia.

Quality control and assurance programs are implemented in line with the standards of National Instrument 43-101, as described the independent 43-101 report filed on www.Sedar.com. Exploration and financial controls are implemented in each of the company's exploration projects in China, as published on the website of the Company, www.asianow.ca. Exploration on all of the Company's projects is conducted under the direction of Dr. Noel C. White, a director and consultant to the Company and a Qualified Person as defined under National Instrument 43-101. Dr. White has read and approved this news release. Disclosure on mineralization on adjacent properties has not been verified by Dr. White and is not necessarily indicative of the Company's anticipated results. Where provided, potential quantity and grade is conceptual in nature as the Company has not conducted sufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Asia Now Resources Corp. is a mineral exploration company active in China since 2002. The Company has established offices, joint ventures and a significant network with Chinese partners. Current projects include copper, gold and silver at three major projects, with drilling underway at two of these. Under the leadership of an experienced management team, the Company has in excess of $4 million dollars in cash, thus creating a sound balance sheet to take exploration into the next phase.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.