To: StockPro who wrote (482 ) 7/6/2001 6:30:00 PM From: StockPro Respond to of 523 NEWS RELEASE EV-CDNX July 9, 2001 SEC 12G3-2(B) #82-4432 ERIN VENTURES INC. (the "Corporation") Suite 200, 530 Fort St. Victoria, B.C. V8W 1E9 Work continues towards a strategic alliance on the Piskanja Borate Property Erin announced today that it continues in advanced stage discussions and strategic planning with a leading, international chemical and industrial mineral company. The objective of this process is to form a strategic alliance to successfully develop the Corporation's Piskanja Borate Property in Yugoslavia. As part of the due diligence for this on-going process, a commercial-scale sample of borate material has been shipped from Yugoslavia for evaluation. This bulk sample is currently being analyzed to determine the grade, purity, and composition of the material, in order to resolve certain issues, including how to most effectively commercially process the material from the Piskanja Property in the future. The information gathered from this testing will aid in the strategic planning process towards establishing a joint venture. There is no assurance that these negotiations will be successfully completed. However, if an alliance is entered into, it may have a material affect on Erin Ventures. Accordingly, shareholders of Erin are advised to exercise caution when dealing in the Corporation's shares until a further announcement is released on this matter. Erin Ventures Inc. is an emerging Canadian based, mineral exploration company focused on the exploration, acquisition and development of properties with exceptional merit. Erin Ventures' primary strategy is to uncover and capitalize on unique opportunities created by changing social structures and shifting global politics within different regions internationally. For further information: Blake Fallis, Manager Corporate Development Phone: (250) 384-1999 Toll free: (888) 289-3746 Fax: (250) 384-6761 Info@erinventures.com THE CANADIAN VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISSAPPROVED THE INFORMATION CONTAINED HEREIN