Lumina Resources Corp.

Lumina Resources Corp.

June 20, 2005 09:01 ET

Lumina Completes Airborne Geophysics Survey on Vancouver Island Drilling to Commence Before End of June

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 20, 2005) - Lumina Resources Corp. (TSX:LUR) announces that Fugro Airborne Surveys, under the direction of Equity Engineering, has completed a major airborne geophysical survey over its claim holdings within the Island Copper Belt on Northern Vancouver Island. Fugro flew approximately 2650 line kms collecting EM and magnetic data. A preliminary review of the data suggests the presence of a number of new targets that possess the geophysical signature of porphyry copper style mineralization. These geophysical targets will be evaluated in detail as part of the Hushamu summer and fall exploration program. This geophysical program is the first part of a minimum $1 million exploration program in the district designed to identify additional copper/gold porphyry targets that will add to the existing resources at Hushamu and support the construction of a large-scale mining operation. A first phase 2500 metre core drilling program to test for extensions of the Hushamu deposit is scheduled to start towards the end of June.

Lumina controls 37,000 hectares of claims in this highly prospective porphyry belt that measures 60 kilometres in length and 8 kilometres in width. The belt includes the previously mined Island Copper deposit in the south (345 million tonnes @ 0.41% Cu, 0.19g/t Au), Lumina's Hushamu deposit in the central region (Measured and Indicated Resources of 231 million tonnes grading 0.28% Cu and 0.31g/t Au and Inferred Resources of 53 million tonnes grading 0.28% Cu and 0.38g/t Au) and the Red Dog deposit in the north. Numerous additional copper/gold porphyry showings have been identified within the belt including the Pemberton Hills, NW Expo, Goodspeed and South McIntosh areas.

The Island Copper Mine, which was Canada's third largest copper mine, was located about 16 kilometres South of Port Hardy, near the northern end of Vancouver Island. From 1970 to 1995, copper, gold, silver, molybdenum and rhenium were extracted from the open pit shown on the left. The proximity to tidewater (Holberg Inlet) seen in the picture was a major contributor to the economics of the deposit.

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Anthony Floyd, President

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