Riddarhyttan Resources AB: New Positive Results of Exploration in Suurikuusikko -- Finland


GOTHENBURG, Sweden, March 24, 2003 (PRIMEZONE) -- Riddarhyttan Resources AB (Other OTC:RRHYF); new drill holes completed in the Suurikuusikko area (Finland) demonstrate high gold grades over considerable widths, further highlighting increased gold resource potential both in new zones and depth extensions. During the winter of 2003, Riddarhyttan has undertaken to continue drilling operations in the field with eleven new holes completed and assayed since the time of the last press release.

- High gold grades over substantial widths encountered in a drill hole completed on the mineralized extensions of the Suurikuusikko Main Zone.

- Recent drilling identifies the Ketola Zone's continuity at depth, intersecting the target horizon at a 150 metre depth.

- Gold bearing zone identified between surface and the upper reaches of the Kuukkeli zone, situated on the northern end of the Main Zone.

The complete press release including appendix can be read through the following link. http://reports.huginonline.com/896480/115069.pdf



            

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