Spirit Exploration, Inc. Creates Wholly Owned Subsidiary in Ecuador, Appoints Veteran Mining Professional as President and Creates Advisory Board

May 9, 2007 Vancouver, BC: Spirit Exploration, Inc. (SPXP: Pink Sheets) Spirit Exploration today announced the creation of Mineras Ecuador Gold Corp. SA, a wholly owned subsidiary, based in Machela, Ecuador. Roger McClay has been appointed President to oversee property acquisitions and development in Ecuador. Mr. McClay has over 30 years of experience in international resource exploration and development, acquisitions and mergers. Mr. McClay is President of Rioro Mining Corp., engaged in exploration and mining development in Ecuador.

Duncan Bain and Allan J. Beaton have joined the advisory board of Spirit Exploration.

Mr. Bain is a qualified Professional Geoscientist, experienced in exploration and mining. Since 1975, he has worked on several major exploration projects around the world and has produced over 100 engineering reports. He is currently a doctoral candidate at the University of Western Ontario, working to complete a Ph.D. in Geology. Mr. Bain runs his own mineral exploration and consulting company.

Allan J. Beaton – P. Eng., is a senior Mining Engineer with 35 years of professional mining experience in both large and small operations. Mr. Beaton has vast experience in underground operations including 7 years as mine manager of Erickson Gold Mines. He also served as President and Director of CanAfrican Metals and Mining Corp a TSX-V company. Mr.Beaton is currently President of A.J. Beaton Mining Ltd. and Vicore Mining Developments Ltd.

Peter Laipnieks President of Spirit Exploration stated, ‘Given that our growth strategy is so heavily focused in Ecuador it was only sensible that we concentrate our presence and management oversight there. I am delighted that we have enticed Roger McClay, who is a highly skilled and experienced person, to head our operations in Ecuador. Roger’s talent and extensive knowledge of the Ecuadorian mining community will hasten our objectives. Our aggressive acquisition strategy will also be greatly enhanced with the expertise brought by Duncan and Allan. Their tremendous knowledge and experience will allow us to more readily identify prospective properties and to prioritize our developments.”

Further information is available on the company website: www.spirit-exploration.com

Forward-Looking Statements: Certain information and statements included in this release are intended to constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements

Investor Relations: Peter Laipnieks, President 1-877-611-7111