Red Mile Minerals Corp V.RDM

RDM New Release!

[RIGDIG]

Teck Cominco is onboard, lock stock and barrel! =========================================================================== Re: News Release - Wednesday, January 15, 2003 Rhonda Announces Teck Cominco Exercises Option =========================================================================== Rhonda Corporation is pleased to announce that Teck Cominco Limited has exercised their option to earn a 51% interest in the Inulik property by incurring expenditures of $5,000,000 over 4 years. Plans for the spring drill program are anticipated to be finalized prior to the end of January. Rhonda Corporation is an Alberta-based corporation with mineral exploration properties located in the center of the Coronation Diamond play in the Territory of Nunavut, Temagami region of Ontario and the Courageous Lake region of the Northwest Territories. The Company's common shares trade through the facilities of the TSX Venture Exchange under the symbol "RDM". For further information, please contact: Robert L. d'Artois, VP Investor Relations Telephone: [phone] E-mail: [e-mail] Or Fax: [phone] Nicholas Sayce, Investor Relations [phone]