OCTOBER 12th, 2006, VANCOUVER, B.C. – ANDOVER VENTURES INC. (the “Company”) (AOX-TSX:V) is pleased to announce it has completed four step-out HQ core holes at the “Big Pig” target on its Bulk Gold project north of Nome, Alaska. Two of the holes intersected sulfide mineralization consistent with mineralization encountered in a vertical core hole drilled in year 2000 by a previous exploration company which assayed 0.5 grams/t gold over 48 feet (14.6 meters) from a depth of 10 to 58 feet (3-17.6 meters).

Andover core hole 06BGDH-5, located approximately 200 feet (61 meters) northeast of the year 2000 hole, intersected approximately 40.5 feet (12.3 meters) of disseminated sulfide mineralization (pyrite +/-arsenopyrite +/- stibnite) from approximately 23 feet to 63.5 feet (7- 19.4 meters). The sulfides occur disseminated in schist, meta-granite, altered brecciated carbonate and within and along thin quartz +/-feldspar +/- carbonate veinlets. The hole was stopped at 73.5 feet (22.4 meters) when a barren marble horizon was encountered.

Andover core hole 06BGDH-8 also intersected similar sulfide mineralization from approximately 169.5 feet to 188.8 feet (51.6-57.5 meters). 06BGDH-8 was drilled vertically about 100 feet (30.5 meters) to the northwest of hole 06BG-DH-5 to test for a northwest dip to the zone. Due to sub-freezing weather conditions, the hole was stopped at 188.8 feet (57.5 meters) while still in mineralization.

Vertical hole 06BGDH-6 was collared about 200 feet (61 meters) to the southeast of the year 2000 hole and 06BGDH-7 was drilled vertically about 100 feet (30.5 meters) southeast of 06BGDH-5. Both holes were terminated at 19 feet (5.8- meters) and 29 feet (8.8 meters) respectively when only a barren marble horizon believed to be stratigraphically below the mineralization was encountered.

From this drilling combined with the year 2000 core hole, the “Big Pig” target appears possibly to be a northwesterly dipping, stratiform zone that is open in three directions. Samples are presently being cut and will be shipped to ALS Chemex Labs in Fairbanks for analysis preparation and then to North Vancouver for analysis.

Drilling on the property has now been suspended for the season due to weather conditions, but is intended to be resumed next spring or early summer after review of this years work.

Marvin Mitchell, P.Eng, director of Andover Ventures Inc and qualified person as defined by National Instrument 43-101, has approved the information contained in this release and is the Q.P. for the project.

Andover Ventures, with its experienced management team, is committed to increasing shareholder value by acquiring and exploring quality mineral properties in Alaska.

ON BEHALF OF THE BOARD
Signed “Michael England”
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Facsimile: 1-604-683-3988
Contact: Michael England

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