Erin Ventures Inc. announced earnings results for the third quarter and nine months ended March 31, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 175,449 or CAD 0.00 basic and diluted per share compared with net loss and comprehensive loss of CAD 177,262 or CAD 0.01 basic and diluted per share in the same period last year. Net cash used in operating activities was CAD 127,382 compared to CAD 79,840 in the same period last year. Resource property expenditures (net of incidental revenue) were CAD 154,375 compared to CAD 123,643 in the same period last year. Loss before other items was CAD 173,000 compared to CAD 177,767 in the same period last year. For the nine months, the company reported net loss and comprehensive loss of CAD 446,727 or CAD 0.01 basic and diluted per share compared with net loss and comprehensive loss of CAD 772,756 or CAD 0.01 basic and diluted per share in the same period last year. Net cash used in operating activities was CAD 148,605 compared to CAD 602,362 in the same period last year. Resource property expenditures (net of incidental revenue) were CAD 180,588 compared to CAD 221,497 in the same period last year. Loss before other items was CAD 446,685 compared to CAD 780,448 in the same period last year.

Erin Ventures Inc. reported that a drilling program has been recommended on the Ceibo Chico gold property in Belize. An initial program of 550 to 600 meters and six holes is proposed by an experienced exploration geologist, consulting to Erin. The selection of these drill sites is based on the results of a field program, the reevaluation of original exploration data of BHP and Castle Exploration, the prior exploration results of Erin, and new geologic mapping. New structural interpretations indicate a north-northeast trending 'corridor' of mineralization that connects the primary target areas. An abundance of east-northeast steeply dipping veins throughout this area suggest a right lateral strike slip fault with en-echelon ENE openings. This mineralized corridor extends for 2,400 meters by 600 meters in width based on available soil data. This corridor intersects east-west and east-southeast trends that parallel bedding and foliation. The best mineralization seems to correspond to changes in dip in the beds, particularly near the contacts of contrasting lithologies where the dips change from gentle to steep. These are anticlines, promoting fracturing and opening favorable for gold-bearing fluids. There are two major areas that correspond to the two known trends of mineralization. Two of the sites chosen (4 drill holes) will test an 'open zone' that seems to exist due to folding, where more fluids may have passed, and an apparent mineralized structure. The third site (2 drill holes) will test the southern 'open zone' at depth. Prior holes by Castle Exploration were from this sector and had some of the better mineralization intervals. This initial drill program may be expanded beyond the planned 6 holes, based on trench results and other factors.

Erin Ventures Inc., Annual General Meeting, Jun 04, 2009, at 14:00 Mountain Daylight. Location: The Sutton Place Hotel, 10235-101 Street, Edmonton, Alberta T5J 3E9,Canada. Agenda: To accept the audited financial statements for the fiscal period ended June 30, 2008 and the auditor's report thereon; to elect directors for the ensuing year; to appoint auditors for the ensuing year and to authorize the directors to fix the remuneration of the auditors; to consider and, if deemed advisable, pass a resolution to approve the corporation's Stock Option Plan; to consider, and if deemed advisable, pass a resolution to approve the Shareholder Protection Rights Plan of the corporation; and to transact such other business as may come before the meeting.