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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (1147)	12/9/2004 8:46:49 PM
From: menanna	Read Replies (2) \| Respond to of 1285

Marcos: CADRE News: Cadre Resources Ltd. Valencia, Venezuela Phone: (250) 447-6641 TSX Venture Exchange-CSL 12g-2(b):82-2911 NEWS RELEASE Valencia, Venezuela December 8, 2004 Stanley Sandner, CEO and Carlos Bacalao, Directors are pleased to announce that following the direction of the Ministry of Energy and Mines (MEM), the President of Electricidad del Caroni (EDELCA) has requested Cadre Resources Ltd. (the “Company”) submit a formal proposal for evaluation of the excessive sediments and a résumé of the Company’s plan to resolve that matter in the Bajo Caroni – (as a reservoir maintenance program). The Company has prepared the basic documents and passed same to assistants at MEM for adjustments and compilation. EDELCA’s technical department has also passed along an extensive amount of information to MEM and the Company to assist in the preparation of a formal proposal for the location, a planned sub bottom profiling and A bulk sampling program, in order to proceed with evaluation of the sediments in the reservoir(s). Indications and full cooperation from EDELCA demonstrate that they are very interested in the Company’s plan. A prompt reply was offered to be forthcoming upon receipt of the Company’s formal submission. CADRE RESOURCES LTD. Per: “Stanley L. Sandner”, CEO Pretty good in my books Cheers Anna