Stealth Minerals Limited
TSX VENTURE : SML

Stealth Minerals Limited

October 03, 2005 09:00 ET

Stealth Minerals Limited: Paula Prospect in the Toodoggone Area Confirmed as a New Copper-Silver-Gold Discovery

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 3, 2005) - Stealth Minerals Limited (TSX VENTURE:SML) -

Recently completed exploration on the Company's 100% owned Paula prospect in the Toodoggone region of north central British Columbia has defined a 1,500 by 2,000 metre copper anomaly hosted by a highly propylitically altered lower Triassic mafic flow sequence. The prospect is adjacent and to the east of Cascadero Copper's Pine-Tree-Fin copper, molybdenum and gold porphyry prospects. A total of 50 rock chip and grab samples from outcrop confirm the presence of significant and widespread copper mineralization consisting of disseminations and veins containing chalcocite, chalcopyrite and minor pyrite. The average of the 50 samples is 0.46% copper ranging from 20 ppm to 2.84% copper. Seven of the 50 samples returned greater than 1% copper ranging from 1.04 to 2.84 % copper and 17 of the 50 samples returned greater than 0.5% copper. Silver values average 3.5 g/t ranging from 0.2 to 17 grams with gold averaging 50 ppb ranging from 5 to 245 ppb.

The discovery is part of a regional exploration program in an area east of the Pine-Fin copper-gold-molybdenum deposit which was the focus of a core drilling program by Cascadero Copper Corporation (CCD-TSXV) in 2005. Surface work has outlined a 2,000 by 15,000 metre north trending package of lower Triassic volcanic and sedimentary rocks assigned to the regional Takla Group. The Paula prospect is bounded on the east and west by elements of Jurassic age Giegerich monzonite pluton, which also host copper mineralization.

Mineralization at Paula is hosted in a lower Triassic bladed feldspar phyric mafic flow in areas of intense propyllitic alteration. The prospect was initially identified in a regional stream silt anomaly, which was followed up be Stealth's prospectors.

Paula represents a large-scale copper prospect in an area that was previously not recognized as prospective for mineralization. Its discovery is further evidence of the quality of the Company's fieldwork and the highly prospective nature of Toodoggone geology. The Paula prospect will be subject to geological mapping, geophysics, sampling and possibly core drilling in 2006.

Assaying was conducted by Eco-Tech of Kamloops, BC. All assays are 30 gram fire assays. Field work was under the direction of by Dave Kuran, P. Geo., who also compiled and interpreted the data and who is the qualified person for the Company.

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