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Gold/Mining/Energy : Tan Range

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To: jim who wrote (116)	3/28/2000 6:03:00 PM
From: BLZBub	of 122

Reef 1 & 2 extension drilling reveals gold in quartz porphyry at Itetemia SEC 12(g)3-2(b) File No.82-3446 Canadian Venture Exchange Symbol: TNX March 28, 2000 VANCOUVER, March 28 /CNW/ - Tan Range Exploration Corporation is pleased to report that it has received assay results from an initial drill program to test for the potential extensions of Reefs 1 and 2 from the adjacent Bulyanhulu property onto the Itetemia property. These results show a wide interval of highly anomalous gold values which is open to depth and still mineralized at the bottom of the drill hole. << ------------------------------------------------------- Interval (m) Intercept (m) Grade (g/t Au) ------------------------------------------------------- 214.8 - 247.7 (EOH) 26.9 0.48 ------------------------------------------------------- includes: 217.8 - 237.3 19.5 0.63 ------------------------------------------------------- includes: 226.8 - 229.8 3.0 2.41 ------------------------------------------------------- >> This gold mineralization occurs in a quartz feldspar porphyry and is very pervasive. Based on this encouraging exploration development, our consultant has advised that an additional 3 diamond drill holes are required to test for the deep lateral extensions of this mineralization. The Itetemia Project is operated as a joint venture with Barrick Gold who are developing the adjacent 7.5 million ounce Bulyanhulu gold deposit. The joint venture agreement requires Barrick to subscribe for 1,176,471 Tan Range shares at $0.85 ($1.0 million) before May 15, 2000. Tan Range is required to spend 80% of these funds to develop the Itetemia property. TAN RANGE EXPLORATION CORPORATION ``Marek Kreczmer' MAREK J. KRECZMER, M.Sc., P.Eng., P.Geo. President and Chief Executive Officer The Canadian Venture Exchange has neither approved nor disapproved of the information contained herein -30- For further information: Investor Relations at 1-800-811-3855; visit the Tan Range website: www.tanrange.com

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