AGRICOLA RESOURCES - PRESS RELEASE
2nd June 2005
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NEWS RELEASE
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- All resolutions at the AGM passed
- A radon gas survey is commencing over Finnish uranium deposit and surrounds
- Diamond drilling program is planned based on results of the gas survey.
London: 2 June 2005 The directors of Agricola Resources plc (“Agricola”) are pleased to announce that all the resolutions were passed at the Company’s AGM.
A radon gas survey is commencing over the Paukkajanvaara uranium deposit and its surrounding areas. The aim of the survey is to direct a drilling campaign, which is expected to begin when the results of the radon survey are obtained in July 2005. Radon is a gas associated with uranium and escapes to the surface from the uranium deposits.
Agricola is in serious discussions about a joint venture on the areas in Finland and expects to make an announcement in June 2005 if negotiations are successful.
The Directors of the Issuer accept responsibility for the content of this announcement.
Dr. Robert Young
Agricola Resources plc
Tel: +44 (0)1353 649 701
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