MONTREAL, Jan. 31 /CNW Telbec/ - Stellar Pacific Ventures (SPX) is pleased to announce the acquisition of 100% interest in the Opinaca gold property located in the James Bay region of Quebec. The company is earning its interest by issuing 500,000 of its share capital to two prospectors. The property, which consists of 9 map-designated claims totalling 471 hectares, is strategically located adjacent to the Virginia Eleonore's property, where several major gold zones have been discovered. The property is bordered to the north by Virginia and Beaufield Resources, to the south east by Azimut Resources, to the south by Beaufield Resources and to the south west by Virginia Resources. The main interest of the property consists of its strategic location within a geological-geophysical setting similar to Virginia's Roberto deposit. According to Quebec government report ET2002-06, the property is underlain by sedimentary and felsic intrusive rock similar to those associated with the Roberto deposit. Furthermore, according to various company web site, numerous gold showings and anomalies have already been discovered on neighbouring properties. 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.