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Edgewater Exploration Ltd.

03:37 PM EST - Edgewater Exploration Ltd. : provided an update on the exploration work and results on the Company's Enchi Gold Project in Ghana. Work crews have returned from the holiday break and exploration activity has resumed. Drilling equipment has been mobilized and drilling has now commenced. A 12,000m drill program is planned. In addition the ongoing exploration program at Enchi includes line cutting, soil sampling, road upgrading and trenching. This work is designed to test new areas, further define existing anomalies, expand previously defined zones, and advance the three principal mineralized zones to resource estimation. Highlights of Boin Trench Results include: 17.0m @ 1.07 g/t from KBTR029, 8.0m @ 1.23 g/t from KBTR032, 17.0m @ 0.62 g/t from KBTR033. Edgewater Exploration Ltd. shares V.EDW are trading up $0.13 at $1.18.