Eaglecrest Explorations Ltd.

Eaglecrest Explorations Ltd.

June 22, 2005 20:00 ET

Eaglecrest Explorations Ltd.: On-Site Independent Fire Assay Laboratory Contract Signed

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 22, 2005) - Eaglecrest Explorations Ltd. (TSX VENTURE:EEL)(FWB:EAT.FSE) is pleased to report that the Company has signed a contract with ANALAB S.R.L. of Peru for operation of an on-site independent Fire Assay Laboratory under the overall supervision of Mineral Processing Engineer Gary Hawthorn, P.Eng. (B.C.). The Fire Assay Laboratory will process up to 100 samples per day from the Company's 150 tonne per day (tpd) gold recovery plant, underground exploration development workings and diamond drilling program from the Dona Amelia zone that covers an area of 40 square kilometer (km) within the Company's 298.84 square km San Simon project in northeast Bolivia.

A Fire Assay Laboratory designed by Mr. Hawthorn has been constructed within a fenced area adjacent to the Company's camp on the San Simon Project. Mr. Hawthorn recently designed and supervised a similar laboratory in South Korea. Mr. Hawthorn has also designed and will supervise the Company's gold recovery plant currently being assembled in the Manganeso area of the Dona Amelia zone.

ANALAB S.R.L. of Lima, Peru will supply a Chemical Engineer with more than 30 years analytical experience from Centromin-Peru as well as two Peruvian assayers for the operation of the on-site Fire Assay Laboratory. Two Canadian manufactured Fire Assay furnaces and Canadian sample preparation equipment have been imported from Canada and have been installed in the Fire Assay Laboratory building. Assaying operation will be on a seven days a week basis to process the samples from the gold recovery plant for determination of head grade and metallurgical balance to establish the in-situ gold grade of the underground bulk samples as well as the daily underground face and ribs samples and diamond drill core samples.

The submitted samples will be crushed to a nominal minus 6 mesh (3.35 mm) using a TM Engineering Rhino jaw crusher, riffle split using a standard Jones riffle splitter to a nominal 200 - 250 gm sample, then pulverized to a nominal minus 100 mesh (0.15 mm) using a TM Engineering shatterbox pulverizer. The Fire Assay procedure will incorporate gravimetric finishing using a Cahn microbalance.

Sampling tree duplicates, blanks and various blind standards will be inserted regularly according to industry standards. Higher grade samples, subsequent to a standard fire assay, may be assayed a second (or more) time by metallics assaying (screen for metallics). On a regular basis duplicates will be shipped off-site to a second commercial laboratory for additional quality control.

Commercial operation of the on-site independent Fire Assay Laboratory by ANALAB S.R.L. will commence July 15, 2005 following a two weeks period of calibrating and fine-tuning of the equipment under the direct supervision of Mr. Hawthorn. The on-site independent Fire Assay Laboratory will reduce the sample turn around time for the project due to its remote location in regards to established commercial laboratories from more than two months to maximum a couple of days. It will also allow for daily metallurgical balance calculations of the gold recovery plant and adjustments to the diamond drill program based on diamond drill core and underground sample results.

The underground exploration development and bulk sampling program is being supervised by Tor Bruland, P. Geo. and Don Allen, P. Eng., both of whom are Qualified Persons under the Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board of Directors,

Carl A. Erickson, President, Eaglecrest Exploration Ltd.

Additional information on the company's project is available on our website www.eaglecrestexplorations.com, the SEDAR website (securities related information electronic filed with the Canadian securities regulatory authorities) www.sedar.com or by contacting Paul Zdebiak at 604-687-7272 or by E-Mail: eel.tsxv@telus.net.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

Contact Information