Consolidated Big Valley Resources Inc.

March 17, 2005 13:34 ET

Consolidated Big Valley Acquires Further Property in the Mount Polley Area


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CONSOLIDATED BIG VALLEY RESOURCES INC.

NEX BOARD SYMBOL: CBG.H

MARCH 17, 2005 - 13:34 ET

Consolidated Big Valley Acquires Further Property in
the Mount Polley Area

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 17, 2005) -
Consolidated Big Valley Resources Inc. ("CBG") (NEX:CBG.H) is pleased to
announce that it has entered into an Agreement to acquire a 100%
interest in an additional gold/copper prospect located in the Mount
Polley area. The property encompasses 4 claims (4 units) covering
approximately 100 hectares, located in central British Columbia,
northeast of Williams Lake, known as Jacobie Lake, Cariboo Mining
Division.

The Company acquired the claims from Globex Mining Enterprises Inc.
(TSX:GMX) of Rouyn-Noranda, Quebec. Terms of the agreement are for
225,000 common treasury shares within 5 days of TSX Venture Exchange
approval and Globex retains a 2% NSR. A finders fee will be payable as a
result of this transaction.

Consolidated Big Valley now has the option to acquire three
strategically located claim blocks in the Mount Polley region, some of
which adjoin the Imperial Metals Corp. (TSX:III) holdings on the south:

(1) Gold Claims - 30 claims (30 units), 750 hectares;

(2) Gavin Lake -Miracle Claims - 7 claims (136 units), 3400 hectares;

(3) Jacobie Lake Claims - 4 claims (4 units), 100 hectares.

The Company is planning an aggressive exploration program in 2005 from
ground geophysics, trenching, to diamond drilling on the above
properties, as well as additional staking where available.

Further information about the significance of its recent Jacobie Lake
acquisition will be forthcoming as the data is compiled.

ON BEHALF OF THE BOARD OF DIRECTORS

Stuart Tennant, Director


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Consolidated Big Valley Resources Inc.
    Stuart Tennant
    Director
    (604) 683-6648
    (604) 683-1350 (FAX)
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this news release.