Redfern Resources Ltd.’s principal asset is the Tulsequah zinc-copper-silver-gold mine re-opening project located in northwestern British Columbia. Redfern first acquired an interest in Tulsequah in 1981 and has consolidated that interest over the succeeding years into 100% project ownership. Over $32 million has been expended to bring the project to the mine development approval stage, through advanced exploration, feasibility studies and environmental assessment permitting process. The environmental assessment process was concluded in December of 2002 when the Province of BC awarded a Project Approval Certificate to Redfern. Recently, the federal certification process moved into its final stages in order to reach a decision on an amended screening level approval for the development

Redfern also holds investment interests in oil and gas production wells in Alberta and retains a share position in EuroZinc Mining Corporation, as a result of the sale of Redfern’s participating interest in mineral projects in Portugal.

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