Further to the Company's news release dated December 3, 2002, the Company wishes to announce that it has cancelled the private placement of 3 Million Units at $0.15 per unit. The Company is currently re-arranging a new financing for the purpose of funding its exploration program and for working capital purposes.
On behalf of the Board,
"Ken Powell"
Ken Powell, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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