Vancouver, B.C., February 19, 2003 --- DRC Resources has engaged mining consultants, Behre Dolbear & Company Ltd. of Vancouver, British Columbia to undertake a Pre-Feasibility Study for the Afton Copper-Gold Property, Kamloops, B.C.. The study will address the mineral resource, a number of mining methods, mineral processing, and permitting for the Afton Project. The study will provide an estimate of capital and operating costs related to the potential development of an underground bulk tonnage mining operation at Afton. Behre Dolbear, in their qualifications state: Behre Dolbear & Company, Inc. (Behre Dolbear), founded in 1911 is the oldest continually operating mining consulting firm in North America. The company specializes in performing mineral industry studies for mining companies, financial institutions and natural resource firms. Behre Dolbear operates from eight offices: Denver, New York, Toronto, Vancouver, Guadalajara, Santiago, Sydney, and London. The offices draw upon personnel from other offices to ensure the best qualified professionals are assigned to a project.
Professional Mining Engineer -- James A. Currie, Vice President and Senior Associate of Behre Dolbear, will act as the Project Manager for the Pre-Feasibility Study. Mr. Currie has 25 years experience in the mining industry including exploration, construction and operations management.
DRC Resources has contracted to participate in the Investor Relations Program of Standard & Poor's, Wall Street's leading provider of independent, objective research and information. Mr. Jay Reingold, General Manager of Standard & Poor's Investor Relations Services has informed the Company that their team will leverage their vast distribution network and status to raise awareness of DRC Resources within the investment community. Their service includes profiles of DRC Resources in Standard & Poor's Corporation Records, S & P Daily News, S & P MarketScope, and S & P Market Access Website, plus entry into the S & P Stock Guide Database. Standard and Poor's also provides a manual exemption for secondary trading transactions for 35 U.S. states.
The corporate relations agreement with Mr. L. Howard Nichol of Hartford, Connecticut has expired. The director's would like to thank Mr. Nichol for his assistance in advancing the Company's corporate awareness.
DRC Resources Corporation is a publicly traded natural resource company with its head office in Vancouver and a field office in Kamloops, B.C. The main focus of DRC Resources is the exploration of the Afton Copper-Gold Project located in the Kamloops Mining Division. To date, the Afton Main Zone has an indicated mineral resource boundary of 37.7 million tons of 2.32% Copper Equivalent. (Reference: April 25, 2002 Press Release, Afton Mineral Resource Study) The Afton Mineral Zone is open and the Diamond Drill Program continues.
For further information on DRC and the Afton Project, please visit our website at www.drcresources.com or call us at 604-687-1629.
On behalf of the Board of Directors
"John H. Kruzick"
John H. Kruzick, President
Date: February 19, 2003
U.S. Rule 12g3-2(b) Exemption
Standard & Poor's -- Market Access Program
CAUTIONARY NOTE: Statements in this press release are a preliminary assessment of potential economics under a certain set of parameters and assumptions. The indicated mineral resource is not a mineral reserve and does not demonstrate economic viability. Further studies will be required to determine economic viability. The company relies on litigation protection for "forward-looking" statements.
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