Vancouver, May 23, 2002---DRC Resources has entered into an Investor Relations Agreement with Gordon Van Boeyen & Associates of Vancouver, British Columbia to commence June 1, 2002. The arrangement is on a month to month basis for a total remuneration of $6,000 per month paid in cash from the working capital of the Company. Mr. Gordon Van Boeyen, sole owner of Gordon Van Boeyen & Associates, has informed the Company that he holds no direct or indirect interest in the securities of the issuer, or any right to acquire such interest. Mr. Van Boeyen has worked in the Investor Relations business for over 9 years and will assist the Company in development of corporate and market awareness.
The investor relations services of PI Management Inc., retained in September, 2001, has been terminated by mutual consent.
On behalf of the Board of Directors
"John H. Kruzick"
John H. Kruzick, President
Date: May 23, 2002
U.S. Rule 12g3-2(b) Exemption
Moody's Investment Services Manual
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release. WARNING: The Company relies on litigation protection for "forward-looking" statements.
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