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Placer Dome doubles gold resources at Cortez Hills.

Asia Africa Intelligence Wire

| June 11, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Press Release)

Placer Dome Inc, through its wholly owned subsidiary Placer Dome US Inc, has doubled the measured and indicated mineral resource estimate at the Cortez Hills discovery in Nevada. The deposit is located within the Cortez joint venture, which is 60% owned and operated by Placer Dome US. Since the discovery of Cortez Hills was announced on 29 Apr 2003, continued exploration drilling has identified additional resources of superior quality. …

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