MONTREAL, QC, April 12 /CNW/ - Stellar Pacific Ventures (SPX) is pleased to announce the acquisition of 100% interest in the Vauquelin property located in the Vauquelin Township, Abitibi, Quebec. The company is earning its interest by paying $10,000 and issuing 400,000 of its share capital to two prospectors. The property, which consists of 23 claims covering 368 hectares, is adjacent to past producing mines. The property is bordered to the south by the Nordeau gold deposits, as well as the former Chimo Mine. Historical production and resources of the Chimo-Nordeau district are estimated at approximately 300,000-350,000 oz of gold. The main interest of the property consists of its strategic location along the Cadillac Deformation Zone. Compilation of old data, mapping and geochem sampling are schedule for the summer. Up date on other projects Stellar completed its winter program on the Opinaca North Block property. This initial phase of work consisted of line cutting and a ground magnetic survey covering approximately 50 line kilometres. Geophysical report is pending. Mapping and geochemical sampling will be performed during the summer in order to define potential drilling targets. The company is compiling data from its winter drilling program on the Vassan property where excellent results were obtained. An independent consulting firm will produced a first mineral inventory for the Hamelin Zone before the end of May. Drilling of the extensions of the orebody should resume in early June. 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.