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Gold/Mining/Energy : Latitude Minerals LTU.V -- Ignore unavailable to you. Want to Upgrade?

To: bcjt who wrote (347)	4/20/2000 8:13:00 PM
From: bcjt	Read Replies (1) \| Respond to of 366

LATITUDE MINERALS CORPORATE UPDATE -------------------------------------------------------------------------------- SPOKANE, WA, April 20, 2000; Latitude Minerals Corp. (LTU.CDNX) The company held its Annual General Meeting in Spokane, Washington at the office of N.A. Degerstrom Inc. on April 11, 2000. The Company received an overwhelming vote of confidence from shareholders and full approval for all resolutions brought forth. The new Board of Directors consists of existing directors John R. Carden, Donald E. Ranta, and Robert Kolt, and new members, Norman Eyolfson, Sudhir Khanna, and Allan J. Marter. Mr. Ed Uyeda, elected as the seventh director, had to step aside due to personal reasons. The Company is currently speaking to several potential replacement candidates. John Carden Ph.D. remains as President. The Company would also like to congratulate Don Ranta Ph.D. on his recent appointment as President of the Society of Mining Engineers. Norman Eyolfson, with 16 years experience in advertising/marketing, is currently responsible for the Companyûs Public Relations and Corporate Communications out of Toronto, Ontario. Sudhir Khanna P. Eng. brings a wealth of experience from the private sector and over the past 10 years has managed a variety of projects involving various public and private sector clients. He is currently editor of the Resource Indicator, an independent mining newsletter, and is also Director and Internet Manager of Newsgurus.com. The latter is a publicly listed website community of financial newsletter writers that focuses on finance, technology, mining, health, and travel, which is expected to grow from 100,000 members in 2000 to over 1,000,000 members in 2003. Allan Marter has a vast financial background and has worked with several Canadian-listed U.S.-based companies with properties in Africa, Europe and South America. He was formerly director of Endeavor Financial and Vice-President of finance for Crown Resources. He is currently CFO of Golden Star Resources Ltd., located in Denver, Colorado. Latitude is well positioned and poised for a period of significant growth during the next several years. The company has received approval to begin its Phase II drilling program at the Pan Gold project in Nevada. Drill road and pad construction are currently underway, with RC drilling to commence the week of April 24. The Companyûs two epithermal gold properties in Idaho, Kilgore and Blue Hill Creek, are being considered for Joint Venture by several major North American mining companies. Latitude is pleased with the recent acquisition of its Tonsina platinum-palladium property and is excited about the exploration potential of this under-explored ultramafic complex. With the Tonsina Property, the company is aggressively branching out into other valuable precious metal properties in North America. Work on Tonsina is expected to commence in June of 2000. Latitude Minerals Corp. is a junior exploration company engaged in exploring and developing a number of advanced-stage gold/PGE deposits in the western United States. While the chief focus of Latitude is precious metals, the company is also evaluating a number of opportunities that fall within the corporate view of advancing into strategic metals used in high-tech applications. Additional information can be obtained by contacting Norman Eyolfson in Investor Relations (800) 265-7646 or by visiting the Companyûs website at latitudeminerals.com. WARNING: The company relies upon litigation protection for "forward-looking" statements. On Behalf of the Board of Directors, LATITUDE MINERALS CORP. John R. Carden, President bcjt