July 26, 2004, Vancouver, British Columbia -- DRC Resources Corporation is a recipient of the BC and Yukon Chamber of Mines' Exploration Safety Award for 2003.
"With the growing activities in the exploration sector during the past year, the management of DRC Resources is very proud to be recognized by the BC and Yukon Chamber of Mines for the safe working environment DRC has provided for its employees and visitors," said President and CEO John Kruzick.
The award is presented to those companies engaged in mineral exploration in Western Canada who have reported one year without a lost workday accident following a minimum of 800 hours of exploration activity. Last year, DRC Resources had no lost day accidents for 24,800 hours of exploration work.
DRC Resources' policies manual reaffirms the Company's commitment to ensuring the health and safety of its employees and visitors to all DRC work sites, as well as protection of the environment under its stewardship.
According to the BC and Yukon Chamber of Mines' Safety Report, the annual workforce in Western Canada currently averages an estimated 2,000 to 3,000 explorationists, of which the Chamber's safety-related statistics probably represents 60 to 80 percent. Exploration spending in BC and the Yukon increased from $40 million to $60 million between 2002 and 2003.
About DRC Resources Corporation (TSX: DRC)
DRC Resources Corporation is a 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 and development of the Afton Copper-Gold Project, located 10 km west of Kamloops, B.C.
According to the British Columbia Ministry of Energy & Mines, the Afton Project is the largest advanced exploration project in South Central B.C. To date the Company had expended over $5 Million on exploration on the Afton Mineral Zone, outlining a 68.7 Million Tonne Measured and Indicated Mineral Resource of 1.68% Copper Equivalent or 2.61g/t Gold Equivalent (1.08% Cu, 0.85 g/t Au, 2.62 g/t Ag, 0.12 g/t Pd). The Company is also exploring for mineral potentials at the nearby Ajax and Pothook properties within its 100% owned claim boundary.
On behalf of DRC Resources Corporation,
"John Kruzick"
John H. Kruzick
President and Chief Executive Officer
For further information on DRC Resources and the Afton Project, please contact:
John Kruzick
DRC Resources Corporation
601 - 595 Howe Street, Vancouver, B.C. V6C 2T5
Tel: 604-687-1629, Fax: 604-687-2845
Email: drcresources@uniserve.com
Website: www.drcresources.com
Safe Harbor Statement under the United States Private Securities Litigation Act of 1995: This release made may contain forward-looking statements that are affected by known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed, implied or anticipated by such forward-looking statements. Such forward-looking statements herein represent management's best judgment as of the date hereof based on information currently available. The Company does not intend to update this information and disclaims any legal liability to the contrary.
WARNING: The Company relies upon litigation protection for "forward-looking" statements.
DRC Resources Corporation's shares trade on the Toronto Stock Exchange (TSX: DRC). The TSX has
neither approved nor disapproved the form or content of this release.
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