DRC Resources Corporation

DRC Resources Corporation

March 14, 2005 09:30 ET

DRC Adds Underground Bulk Mining Expertise




MARCH 14, 2005 - 09:30 ET

DRC Adds Underground Bulk Mining Expertise

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 14, 2005) - DRC
Resources Corporation (TSX:DRC)(AMEX:DRJ) is pleased to welcome Clifford
J. Davis to the Board of Directors, effective immediately.

In making this announcement, President and Chief Executive Officer Chris
Bradbrook, stated "Cliff's participation in DRC's board is an extremely
important step in the evolution of the Company and our Afton Project.
His wealth of experience and demonstrated expertise in mine building and
bulk underground mining will be invaluable in helping us achieve our
goal of successfully developing the Afton Project into a mine. We
believe that his willingness to join the board is a ringing endorsement
of the potential for this project to succeed."

Mr. Davis has more than 40 years of international experience in the
operation and development of both underground and open pit gold and base
metal mines. His career has given him extremely valuable exposure to
bulk mining operations in locations throughout North America, Europe and
Africa. Mr. Davis is a graduate in mining engineering from the Royal
School of Mines in London, England. Mr. Davis has held numerous senior
executive positions at levels up to and including President, Chief
Executive Officer, and Chief Operations Officer with a variety of large
multinational mining companies and smaller development companies. These
have included RTZ, Kennecott, TVX Gold Inc., Echo Bay Mines Ltd., and
Gabriel Resources.

DRC's main focus is the exploration and development of its 100%-owned
Afton Copper-Gold Project, located 10 km west of Kamloops, B.C. To date,
the Company has outlined a Measured and Indicated Mineral Resource of
68.7 Million Tonnes grading 1.68% Copper Equivalent or 2.61g/t Gold
Equivalent (1.08% Cu, 0.85 g/t Au, 2.62 g/t Ag, 0.12 g/t Pd), which
contains approximately 1.6 billion pounds of copper, and 1.9 million
ounces of gold. (Advanced Scoping Study, February 2004, Behre Dolbear
and Company Ltd.) At current metal prices this mineralized zone has an
in-situ value in excess of US$3 Billion.

A 2004 advanced scoping study completed by Behre Dolbear and Company
Ltd., indicates that this project would have initial capital
expenditures of US$120 million and (at conservative metal prices of
US$0.85 per pound copper, and US$375 per ounce gold) when viewed as a
primary copper mine, could potentially produce the metal at a cash
(direct) operating cost of US$0.15 per pound of copper, and when viewed
as a primary gold mine, could produce the metal at negative cash
operating cost per ounce of gold. According to the British Columbia
Ministry of Energy & Mines, the Afton Project is the largest advanced
exploration project in South Central B.C.

DRC is in excellent financial condition with cash of US$20 million and
no debt. The company has only 13.9 million shares outstanding and 15.2
million shares fully diluted.

Safe Harbor Statement under the United States Private Securities
Litigation Act of 1995: This release made may contain forward-looking
statements that are affected by known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements
expressed, implied or anticipated by such forward-looking statements.
Such forward-looking statements herein represent management's best
judgment as of the date hereof based on information currently available.
The Company does not intend to update this information and disclaims any
legal liability to the contrary. Cautionary Note to U.S. Investors
concerning resource estimates. This press release discusses the results
of a scoping study, which is a "preliminary assessment" as defined in
the Canadian NI 43-101, under which the use of inferred mineral
resources is permitted under certain circumstances. The U.S. Securities
and Exchange Commission regulations do not recognize any circumstances
in which inferred mineral resources may be so used. U.S. investors are
cautioned not to assume that any part or all of an inferred resource
category described as a 'resource falling within the mine plan' will
ever be converted into 'reserves' within the definition of that term in
SEC Industry Guide 7. Cautionary Note to U.S. Investors concerning
estimates of Measured and Indicated Resources. This section uses the
terms "measured" and "indicated resources." We advise U.S. investors
that, while those terms are recognized and required by Canadian
regulations, the U.S. Securities and Exchange Commission does not
recognize them. U.S. investors are cautioned not to assume that any part
or all of mineral deposits in these categories will ever be converted
into reserves.

WARNING: The Company relies upon litigation protection for
"forward-looking" statements.


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