Network Drilling At Caldera

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Network Exploration Ltd. (TSX.V: NET) is pleased to announce that its first-phase drill program at the Caldera property in Chile will commence January 15, 2008 and will consist of 6 holes totaling approximately 1500m designed to test the copper and gold targets as determined by the Company's recent sampling and trenching programs.

The Company has engaged Rock Drilling S.A. to complete an R.C. drilling program under the supervision of senior geologist Mr. Marco Fernandez-Concha. The program is expected to last approximately 3 weeks.

"We are pleased to have engaged Rock Drilling SA to carry out our drill program at Caldera," states Director Richard Schnoor. "This program will test selected targets to a depth of approximately 250 meters."

The Company's recently completed trenching programs were designed to analyze the near-surface presence of copper and gold at the 2400 hectare Caldera property located in the mineral-rich Huasco Province of Chile. Results from this program indicate widespread near-surface copper averaging up to .48% copper over 10 meter lengths and included 150 meters of 1921ppm copper, 180 meters of 1628ppm copper, 170 meters of 1311ppm copper and two, 35 meter sections averaging 0.43g/t gold. These areas have been used to select the drill targets for this program. -- www.cnxmarketlink.com

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