June 13-20, 2005

Adanac submits Ruby Creek description report to BC's EA office

VANCOUVER, BC-A description report for Adanac Moly Corp's proposed Ruby Creek molybdenum project has been submitted to the British Columbia Environmental Assessment Office for review to determine the project's environmental assessment requirements. The project report, prepared by Klohn Crippen, may be viewed at www.adanacmoly.com. With the Ruby Creek project, Adanac is proposing to operate an open-pit molybdenum mine 24 kilometres northeast of Atlin, BC. The facility would produce 20,000 tonnes per day of ore for over 20 years; its overall footprint is projected at approximately 830 hectares. The company has indicated its intention to minimize any long-term environmental effects associated with the project and to maximize socio-economic benefits to the local community, Taku River Tlinget First Nation and British Columbia. More information is available from Adanac president and CEO Larry Reaugh, 604/531-9639, FAX 604/531-9634, Email info@adanacmoly.com, or on the company's Web site, www.AdanacMoly.com.

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