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Spokane Resources Ltd.

480-650 West Georgia Street, Vancouver, British Columbia, V6B 4N9, Tel: (604) 683-5411, Fax: (604) 683-5346
 

Trading Symbol: SKN.V
12(G) exemption: 82-4391

November 4, 1997

PRESS RELEASE

The Company announces that the planned engineering and drilling program will commence next week on the Mac molybdenum-copper property located l00 kilometres east of Smithers, British Columbia. As announced previously Fluor Daniel Wright have been commissioned to prepare a preliminary economic scoping study (pre-feasibility study) of the Camp zone deposit. This study will include a review of procedures and results completed to date, potential site layouts for roads, mill, tailings and camp facilities, preliminary metallurgical testwork, environmental overview, resource models and conceptual cashflows. A report on this work is expected in February, l998.

Two exploratory diamond drill holes are planned for the Peak porphyry deposit situated l,500 metres south of the Camp Zone. The two holes comprising 600 metres of drilling are planned to test possible extensions of porphyry-style mineralization discovered in the Peak zone in l996. Results of the drilling work will be announced at the conclusion of the program.



ON BEHALF OF THE BOARD,
SPOKANE RESOURCES LTD.
"G. Arnold Armstrong"
G. Arnold Armstrong, Chairman

THE VANCOUVER STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY AND ACCURACY OF THE CONTENTS OF THIS PRESS RELEASE.


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