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Gold/Mining/Energy : St. Jude Resources......V.SJD -- Ignore unavailable to you. Want to Upgrade?

To: Blaine who wrote (2989)	9/22/2002 8:33:43 PM
From: AH	Read Replies (1) \| Respond to of 3065

CBS.MARKETWATCH.COM The Story Behind the Numbers Hello, kosher7! - Sign out - Edit account Nasdaq: MKTW NewsFinder MARKETWATCH NEWS NEWS SERVICES PRESS RELEASES MARKET ADVISERS NEWS SEARCH St. Jude Resources: More Encouraging Gold Results from Subriso 9/20/2002 9:04:00 PM VANCOUVER, British Columbia, Sep 20, 2002 (BUSINESS WIRE) -- St. Jude Resources Ltd. (TSX VENTURE:SJD) is pleased to announce additional significant drill intersections from its South Benso concession in Ghana, West, Africa. This extensive and ongoing gold exploration program is a joint venture project with Fairstar Explorations Inc. The results set out below are from the Subriso East, Subriso West and Subriso Central gold deposits. ---------------------------------------------------------------------- Hole Dip Azimuth Coordinates From-To Interval Grade # Degrees(-) North(m) East(m) (m) Width(m) g/t Au Deposit ---------------------------------------------------------------------- SUBRISO EAST SJB-70 45 90 1403 562 23 - 38 15 5.04 S.E. SJB-71 45 90 1381 562 33 - 43 10 6.74 S.E. SJB-72 45 90 1356 569 27 - 41 14 4.2 S.E. SJB-73 45 90 1277 596 18 - 26 8 5.83 S.E. SJB-74 45 90 1232 513 80 - 95 15 4.32 S.E. SJB-75 45 90 1183 549 56 - 59 3 1.78 S.E. 67 - 70 3 1.21 S.E. SJB-76 45 90 1184 479 102 - 104 2 1.45 S.E. SJB-77 45 90 1181 584 nil S.E. SJB-78 45 90 1209 481 102 - 103 1 3.17 S.E. 116 - 122 6 8.65 S.E. SJB-79 45 90 1428 564 16 - 20 4 1.65 S.E. 26 - 32 6 2.09 S.E. SJB-80 45 90 1160 478 125 - 130 5 2.54 S.E. SJB-81 45 90 1207 551 55 - 62 7 2.6 S.E. SJB-82 45 90 1252 585 25 - 36 11 1.63 S.E. SJB-83 45 90 1228 583 33 - 40 7 3.56 S.E. SJB-84 45 90 1430 527 58 - 62 4 1.06 S.E. SJB-85 45 90 1358 528 53 - 64 11 4.12 S.E. 69 - 74 5 2.99 S.E. SJB-86 45 90 1232 478 100 - 106 6 1.15 S.E. 118 - 124 6 2.35 S.E. SJB-87 45 90 1455 561 22 - 24 2 1.2 S.E. 32 - 35 3 1.86 S.E. SJB-88 45 90 1360 500 32 - 40 8 1.5 S.E. 82 - 93 11 1.74 S.E. 98 - 104 6 1.22 S.E. SJB-89 45 90 1260 470 100 - 120 20 3.3 S.E. SJB-90 45 90 1210 581 33 - 39 6 1.07 S.E. SUBRISO WEST SJB-91 45 40 887 -1299 94 - 114 20 4.28 S.W. SJB-92 45 40 907 -1342 99 - 108 9 4.89 S.W. SJB-93 45 40 907 -1367 141 - 149 8 9.69 S.W. SUBRISO CENTRAL SJB-94 45 40 925 -1310 62 - 63 1 1.12 S.C. 70 - 71 1 2.67 S.C. SJB-95 45 40 933 -1331 108 - 109 1 1.42 S.C. SJB-96 45 40 953 -1319 62 - 63 1 1.09 S.C. SJB-97 45 40 963 -1353 nil S.C. SJB-98 45 40 855 -1275 89 - 93 4 3.45 S.C. SJB-99 45 40 855 -1305 124 - 140.9 16.9 2.51 S.C. SJB-100 45 40 840 -1295 117 - 119 2 3.45 S.C. 124 - 126 2 3.17 S.C. Subriso West (S.W.) Subriso Central (S.C.) 109/22/2002 7:05:26 PMThe company continues to be encouraged by the consistent above average grades and widths of the gold intersections which have been encountered at the Subriso deposits. For example, recently announced results from Subriso include: Subriso East Zone Subriso West Zone Subriso Central Zone - 10m of 14.49 g/t au - 14m of 10.29 g/t au - 10m of 14.87 g/t au - 9m of 15.96 g/t au - 36m of 7.16 g/t au - 15m of 10.02 g/t au - 9m of 11.84 g/t au - 29m of 9.42 g/t au - 12m of 78.71 g/t au The results from the first 100 drill holes at Subriso are being evaluated at this time and the next phase of drilling is expected to commence mid to late October 2002, with a view to determining the overall potential strike and depth. The attached map illustrates the strategic location of the Benso concession in relation to the company's Hwini-Butre project, which is adjacent and directly to the south. After an extensive surface exploration and drill program, an initial gold resource of 936,000 oz. (562,000 oz. indicated and 374,000 oz. inferred) has already been delineated on the Hwini-Butre project. This gold resource has been established at the southern deposits which include the Adoikrom, Father Brown and Dabokrom zones. Further exploration has taken place at the Hwini-Butre concession subsequent to the establishment of the initial resource. Examples of some of the more significant recently announced gold intersections from the Adoikrom zone are as follows: Adoikrom Zone - 14m of 11.29 g/t au - 12m of 32.08 g/t au - 14m of 49.98 g/t au Results from this most recent round of drilling at Hwini-Butre will be included in the company's next resource estimate. Additionally, there are several highly prospective and advanced exploration targets within the Hwini-Butre concession, including Seikrom, Breminsu and Apatunso, where future drilling could increase the company's gold resource. It should be noted that the initial resource estimate published on company's Hwini-Butre project was based solely on previous drilling from Adoikrom, Father Brown and Dabokrom prospects and does not in any way include drill results from the company's South Benso-Subriso deposits. The company is hoping to be in a position to provide an initial resource estimate from the South Benso-Subriso area once the next phase of drilling has been completed. ST. JUDE RESOURCES LTD. MICHAEL A. TERRELL, President No stock exchange has reviewed or accepts the responsibility for the adequacy or accuracy of this release. St. Jude Resources Ltd. Todd McMurray, 604/940-6565 Fax: 604/940-6566 Website: www.stjudegold.com