News Release

News Release

• Rainy Mountain Royalty
• October 7, 2009

Seagull PGE Exploration Program Locates Potential Feeder Dikes in Outcrop and with Magnetics

Thunder Bay, Ontario – October 7, 2009 – East West Resource Corporation ("East West") is pleased to announce a detailed magnetic survey of 587.5 line kilometers has been flown over the west section of the Seagull Property and has located features that are interpreted to be feeder dikes to the Seagull Intrusion which are northward extensions of dikes occurring on the Magma Metals Property, 10km south of the Seagull Property (see NR July 8, 2009, November 5, 2008, February 3 2009).

Black Panther Mining Corporation, who is earning an interest in the Seagull property, completed the magnetic survey on September 24, 2009 and prospecting and mapping has been going on over the past 30 days. Outcrops of ultramafic dike-like bodies have been located in the field, as well as numerous boulder fields of ultramafic rocks which are typical of the host rocks that contain the PGE (platinum-palladium) values in both the Seagull Intrusion and in the Magma Metals discovery south of Seagull.

The area covered by the survey is 5 miles by 5 miles and doubles the size if the original Seagull project. Seagull now consists of 359 claim units, each claim being 16 hectares or 40 acres each.

Black Panther has already earned a 30% interest in Seagull by expending over $500,000 by December 31, 2008 and can earn a 51% interest by spending a total of $1.0 million by February 28, 2011, which is expected to be attained with this ongoing phase of work including the magnetic survey, ongoing mapping and a follow up drill program and possibly trenching. The remaining 49% interest is held 24.5% by East West Resource Corporation and 24.5% by Trillium North Minerals Ltd.

Black Panther may increase its interest to 60% by spending an additional $1.0 million by February 28, 2012, and up to 75% interest by taking the property to commercial production, leaving East West Resources Corporation and Trillium North Minerals with a 12.5% interest each.

The work program is being supervised by R.S. Middleton, P.Eng who is acting as the qualified person for East West, Trillium North Minerals and Black Panther Mining Corporation.

ON BEHALF OF THE BOARD OF DIRECTORS
M.J.(Moe) Lavigne, President and CEO

Certain information regarding East West Resource Corporation contained herein may constitute forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although East West Resource Corporation believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. East West Resource Corporation cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what East West Resource Corporation currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.