LAVAL, July 27 /CNW Telbec/ - Stellar Pacific Ventures inc is pleased to announce the beginning of a drilling program on its Heva property. The objectives of the program are; to confirm the continuity of the mineralized structure between known intersections, to explore the western extension of the mineralisation and to better define the zones with highest grades. A total of 2,000 meters of drilling consisting of approximately 10 holes shall be completed this summer. The drilling program will be supervised by Pierre O'Dowd P.Geo and Daniel Kelly P.Geo. both being qualified person as per National Instrument 43-101. The Heva property, which is located 20 km east of Rouyn Noranda and is accessible by provincial road 117, straddles the Cadillac fault, a major fault associated with many gold mines in this area including the recent Lapa discovery. The Heva gold mine property has a 243 meters vertical shaft built in 1987 with more than 1,000 meters of galleries. Stellar Pacific Ventures Inc has the option to acquire 50% interest in Heva property by spending $500,000 over two years and issuing to Vantex Exploration Inc 500,000 shares of its capital. The technical information contained in this press release has been prepared by Pierre O'Dowd P. Geo, a qualified person as per National Instrument 43-101. Stellar Pacific Venture Inc. is a junior mining exploration company listed on the TSX-V whose primary objective is to develop and bring into production viable gold deposits. "Michel Lemay" ---------------------------------------------------- Michel Lemay President The TSX Venture Exchange has in no way passed on the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.
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