Global Compliance Applications Corp. V.APP

GOLD discovery good news

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Appalaches Resources Inc. - New Gold Discovery (1 oz/t ) - Gaspe Peninsula, Quebec 2/17/04 RIMOUSKI, Quebec, Feb 17, 2004 (CNW Telbec via COMTEX) -- Ressources Appalaches announces a new gold discovery, represented by mineralized boulders containing up to 34 g/t gold (1 oz/t Au), that is covered by its 100% owned Harriman property. In late-2003, local prospectors discovered 15 mineralized boulders. Four of the boulders returned values of 9.7, 9.9, 19 and 34 g/t gold (0.3 to 1 oz/t) and eleven boulders contained from 0.5 to 7.6 g/t gold. The boulder field, covering an area 700 m long by 300 m wide, is located at the junction of three major faults in an area that has not been well prospected in the past. Visible gold has been observed in several of the boulders. The Harriman property is located 15 Kms northeast of the town of New- Richmond in the Gaspe Peninsula and is accessible by a series of forestry roads. The property consists of 134 claims covering 70 square Kms. The acquisition and assembly of the Harriman property by Ressources Appalaches was performed under the terms of an agreement with the prospecting group 'Fonds minier de la Gaspesie (FRAPMGIM)'. The prospecting group was paid $30,000. Ressources Appalaches owns a 100% clear interest in the entire Harriman Property, free of any royalty. Ressources Appalaches is a mineral exploration company that explore for precious and base metals in the Gaspe Peninsula and on the north shore of the St. Lawrence River in Quebec. The Company's shares are traded on the TSX Venture Exchange. Ressources Appalaches currently has working capital of $1.7 million. This discovery is illustrated on the web site: www.ressourcesappalaches.com . The assays quoted here have been performed at ALS Chemex Chimitec in Val d'Or using standard fire assay methods. The contents of this press release were prepared by geologist Marcel Robillard, a qualified person under NI 43-101. The TSX Venture Exchange has neither approved nor disapproved the information contained herein. VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: https://www.newswire.ca/en/releases/orgDisplay.cgi?okey=11073 For further information: Andre Proulx, President, [phone], a.proulx(at)ressourcesappalaches.com; Jean-Eudes Guilbault, Investor relations, [phone], info(at)ressourcesappalaches.com News release via Canada NewsWire, Montreal 514-878-2520