Choice Resources Corp.
TSX VENTURE : CZE

Choice Resources Corp.

August 08, 2005 12:05 ET

Choice Resources Corp.: Pincher Creek Drilling

CALGARY, ALBERTA--(CCNMatthews - Aug. 8, 2005) - Choice Resources Corp. (TSX VENTURE:CZE), of Calgary, Alberta, announces that the previously proposed horizontal development well at Pincher Creek has commenced drilling on Saturday August 6, 2005. The well is not expected to reach total measured depth for 60 to 70 days.

Choice's working interest in the well is currently 55% before payout and 77.5% after payout. Choice will retain a 10% Gross Over-Riding Royalty before payout on 45% of production. Choice is also in discussions with a third party for them to take an additional 25% of the well.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

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