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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn

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To: Stephen O who started this subject	9/25/2003 10:37:21 AM
From: zinc-man	of 3270

Redcorp news: (RDV.to) It just keeps getting better.... Redcorp Ventures Ltd.: Tulsequah Drilling Intersects New Massive Sulphide Lens biz.yahoo.com VANCOUVER, BRITISH COLUMBIA--REDCORP VENTURES LTD. (RDV-TSX) (the "Company") is pleased to announce that the latest drill hole from the ongoing drill program at the Tulsequah Chief project in northwestern BC has intersected a significant thickness of massive sulphide mineralization in what is interpreted to be a new massive sulphide lens. The Tulsequah Chief property is owned and operated by Redfern Resources Ltd. - the Company's wholly-owned subsidiary. Drill hole TCU03085 intersected just over 8 meters of massive sulphide which is interpreted to lie stratigraphically above and to the west of the main sulphide deposit. Assays for this intersection are pending. This new lens remains open for expansion to the west and down-plunge. Re-interpretation of historical drill hole data suggests that this new mineralized horizon was also intersected by two previous holes, TCU89016 (8.5 meters at 1.24% zinc) and TCU90027 (3.4 meters at 5.47% zinc and 72.56 gpt silver). The longitudinal section posted on Redfern's website (www.redfern.bc.ca) has been updated to show the locations of these holes. The intersection in previous hole TCU90027 lies just over 200 meters down-plunge from the new intersection in hole TCU03085, and additional holes are planned to determine if this mineralization is contiguous. Redfern considers this new sulphide lens discovery provides significant potential for resource additions for the project. In addition to the above, assays have now been received for hole TCU03081 which was drilled to explore extensions of the known sulphide lenses. TCU03081 intersected the mineralized horizons between 50 and 70 meters down-dip from hole TCU03079. Assay results from this hole and for the earlier drill-holes which correlate with the intersection in hole TCU03085 are given in the table below. ----------------------------------------------------------------------- From Au Ag Cu Pb Zn Hole # (m) To(m) Length (gpt) (gpt) (%) (%) (%) ----------------------------------------------------------------------- TCU89016(i) 347.5 356.0 8.5 0.27 9.97 0.13 0.23 1.24 ----------------------------------------------------------------------- TCU90027(i) 405.7 409.1 3.4 0.61 72.56 0.39 3.26 5.47 ----------------------------------------------------------------------- TCU03081 282.4 285.4 3.0 0.12 6.43 0.15 0.17 2.53 ----------------------------------------------------------------------- (i) holes drilled in 1989 and 1990. Assays are pending from holes TCU03082 through TCU03085. Further information on Redcorp and the Tulsequah Project, including a long-section showing the location of the holes, can be obtained on the Company's website at www.redcorp-ventures.com and at Redfern's website at www.redfern.bc.ca. ON BEHALF OF THE BOARD OF DIRECTORS OF REDCORP VENTURES LTD. Per: Terence Chandler Terence Chandler, President This document contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward looking statements. -------------------------------------------------------------------------------- Contact: Redcorp Ventures Ltd. Terence Chandler President Phone: (604) 669-4775 Fax: (604) 669-5330 Website: www.redcorp-ventures.com

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