Asia Now Speeds Up Drilling the 130-Metre-Thick Gold Zone at Beiya North and Announces Grant of Stock Options

TORONTO, ONTARIO, Oct 05 (MARKET WIRE) --
Asia Now Resources Corp. (TSX VENTURE: NOW) is pleased to announce that
it is speeding up drilling of the Beiya North target by mobilizing two
drilling rigs in addition to the two rigs already operating onsite. Beiya
North occurs in the middle of a 13 km long by 2 km wide gold belt that
hosts the adjacent Beiya Gold Mine with production capacity of up to
100,000 ounces of gold annually, the largest open-pit gold mine in Yunnan
Province, China.

The additional drilling is in response to recent assay results that
indicated significant gold mineralization and expanded the thick (over
130 meter) gold zone at its Beiya North target area (see news release of
September 17). To date, this target has been drilled with 8 widely spaced
(160-200 meters) holes, all of which intersected gold mineralization. The
gold zone is confirmed to be at least 660 meters long from the border of
the adjacent mining license to the south, and open to the northwest,
probably including two or more mineralization centers. The aim of the
accelerated program is to define the extent and potential resource of the
thick gold zone.

The accelerated program will involve 4,000 meters in ten holes in
addition to the previously planned 2,000 meters of drilling. The program
is expected to be completed by the end of this year with assay results to
follow in early 2010. In addition, the Company has also started a
detailed geophysical (ground magnetic) program on the potential areas
identified from the regional geophysical program completed previously in
2005-2008. This geophysical program will help to define more drilling
targets along the 13 km long by 2 km wide gold belt.

The assay results of selected holes from Beiya North are highlighted
below:

BYN-ZK252: 6.6 meters grading 2.8g/t gold, 31g/t silver and 0.75% copper;
16.9 meters at 0.55g/t gold, 56.7g/t silver including 3.06 meters at
0.55g/t gold, 125g/t silver and 5.6% lead; 8.3 meters at 0.93g/t gold and
6.4 g/t silver (see news release of September 17, 2009).

BYN-ZK348: 17.8 meters grading 2.2g/t gold, 27g/t silver; 3.0 meters
grading 3.2g/t and 23g/t silver; 5.4 meters at 1.9g/t gold and 18.6g/t
silver; 10.5 meters at 0.56g/t gold; 16.8 meters at 0.54g/t gold; 8.9
meters at 0.52g/t gold; see news release of February 24, 2009).

BYN-ZK2338: 9.6 meters grading 2.0g/t gold, 34.7g/t silver and 6.7% lead;
11.1 meters at 0.97g/t gold, 20.8g/t silver and 3.3% lead; 5.5 meters at
0.5g/t gold, 40.7g/t silver and 1.9% lead (see news release of September
17, 2009).

BYN-ZK3: 52 meters grading 1.1g/t gold, 27.4g/t silver; 3.9 meters at
6.5g/t gold and 47g/t silver; 0.92 meters at 23.5g/t gold and 54g/t
silver; 16.2 meters at 0.53 g/t gold and 20g/t silver (see news release
of October 29, 2007).

Asia Now has earned 72% with the possibility of increasing to 90% its
interest in the Beiya North property where the Company is currently
drilling. Beiya North is part of the Beiya project that involves two
joint venture companies. Beiya North is part of the joint venture with
Yunnan Non-Ferrous Geology and Mineral Resources Company Limited. The
Company is earning a 70-88% interest in another joint venture with Yunnan
Geology and Mineral Resources Company Limited. The Beiya project is 60 km
by highway north of the city of Dali, which is a 35 minute flight from
Kunming, the capital city of Yunnan. There are several daily flights, a
railway and a paved highway between the two cities. The Beiya property is
one of two key projects the Company is exploring in China.

Asia Now Resources Corp. also announces that it has granted options to
purchase up to an aggregate of 3,350,000 common shares of the Corporation
to directors, officers, employees and consultants at the exercise price
of $0.25 per share. The options will expire on September 10th, 2014, are
subject to the approval of the TSX Venture Exchange.

About Asia Now Resources:

Asia Now Resources Corp. is a mineral exploration company active in China
since 2002. The Company has established offices, joint ventures and a
significant network with Chinese partners. Current projects include
copper, gold and silver at two major projects, with drilling/tunnelling
underway at both. Under the leadership of an experienced management team,
the Company has a sound balance sheet and sufficient working capital to
take exploration into the next phase.

Forward Looking Statements:

This release contains "forward-looking statements" within the meaning of
applicable Canadian securities legislation, including predictions,
projections and forecasts. Forward-looking statements include, but are
not limited to, statements that address activities, events or
developments that the Company expects or anticipates will or may occur in
the future, including such things as future business strategy,
competitive strengths, goals, expansion, growth of the Company's
businesses, operations, plans and with respect to exploration results,
the timing and success of exploration activities generally, permitting
time lines, government regulation of exploration and mining operations,
environmental risks, title disputes or claims, limitations on insurance
coverage, timing and possible outcome of any pending litigation and
timing and results of future resource estimates or future economic
studies.

Often, but not always, forward-looking statements can be identified by
the use of words such as "plans", "planning", "planned", "expects" or
"looking forward", "does not expect", "continues", "scheduled",
"estimates", "forecasts", "intends", "potential", "anticipates", "does
not anticipate", or "belief", or describes a "goal", or variation of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved.

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Asia Now Resources Corp.
Kaihui Yang
President
+1 (416) 364-7281
www.asianow.ca

Investor Relations
The Howard Group Inc.
Peter Weichler
Toll Free: 1-888-221-0915

The Howard Group Inc.
Jeff Walker
Toll Free: 1-888-221-0915
info@howardgroupinc.com
www.howardgroupinc.com

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