To: Jim Willie CB who wrote (3835 ) 3/28/2003 10:32:56 PM From: SOROS Respond to of 5423 Source MARKET NEWS Date 03/27/2003 Time 09:44:42 AM Company Copper Creek Ventures Ltd. Title Copper Creek Announce Operatorship of Turner Val DMIS Processed No CDNX Symbol: CPV Exchange: VSE Symbol: CPV Exchange: Symbol: Exchange: Symbol: Press Release Copper Creek Announce Operatorship of Turner Valley 6 31 20 3W5Lease Has Been Assigned From Purcell Energy to Win Energy Inc. ---> 1098@NEWS RELEASECOPPER CREEK VENTURES LTD ("CPV-V") PURCELL ENERGY LTD ("PEL-T") - Copper Creek Announce Operatorship of Turner Valley 6-31-20-3W5 - Lease Has Been Assigned From Purcell Energy to Win Energy Inc. Recompletion Project Commences New Operatorship Assigned The company is please to announce that effective March 25, 2003 operatorship of Turner Valley 6-31-20-3W5 lease has been assigned from Purcell Energy to Win Energy Inc. A service rig is now on site and commencing an approximate 16 day workover program to recomplete the existing well to a gas producer. These lands contain a suspended cased borehole in section 6-31-20-3W5 with potential for gas reserves in multiple untested zones. Open -hole well logs identify four prospective zones above the original target zone. These zones are known as the Brown sand, Cadomin sand, Home sand and the Basal Belly River sand. As previously announced on September 23, 2002 Copper Creek Ventures Ltd.. and partners (40%) agreed to pool joint lands in the key section 31 with NCE Resources Group (60%) to form a gas drilling spacing unit. Furthermore NCE agreed to farm-out their interests to Copper Creek Ventures Ltd. and partners in the same lands. The current lease holdings under this new agreement are: Little Mountain Resources 14%, Copper Creek Ventures 15%, Purcell Energy 10% and Win Energy 61%. Under the terms of a farmout agreement also announced on September 23, 2002 the farmor will advance recompletion costs of up to an initial $475,000. Upon successful completion and the well deemed commercially viable the farmor will earn a 50% interest in all petroleum and natural gas rights in the project. After completion each party will be responsible for their pro-rata share of pre-production costs to initiate product sales. Based on independent engineering appraisals of well log surveys, it is interpreted that the borehole in 6-31-20-3W5 contains up to the previously mentioned four untested potential gas pay zones. A re-completion program has been prepared by consulting engineers and it is anticipated that the first test will evaluate the Brown sand at a depth of 10,062 ft. to 10,090 ft. This is the main target of opportunity with the consideration of testing the other zones and completing the well as a possible dual producer. TEL: (604) 662-3004 ext. 101 Copper Creek Ventures FAX: (604) 662-3063 EMAIL: investorrelations@clearbridgecapital.com INTERNET: www.coppercreekventures.com