BELLINGHAM, Wash., June 18, 2004 (PRIMEZONE) -- Golden Spirit Minerals Ltd. (OTCBB:GSPM) reports that previous prospecting on the Blue Doe and June Ellen Gold Prospects located in the northern part of the Ravenswood Batholith area located in Queensland, Australia, has shown that the quartz has attractive analysis of gold and generated these significant findings:
Government Geologist Connah (1953) reported on assay results taken from the target area as -- South-side June Ellen open cut 6.96 ppm per tonne gold; North-side June Ellen 18.4 ppm per tonne gold; 6.4 meters north of June Ellen open cut 11.0 ppm per tonne gold; June Ellen main open cut 32.9 ppm per tonne gjold (sample taken from 1 tonne of bagged ore).
North Queensland Mining Pty. Ltd. (October 1996) collected rock-chip samples which assayed 2.03, 1.60, 6.60, 1.06, 0.02, less than 0.01 and 0.28 ppm per tonne gold. A further 14 rock-chip samples were collected and assayed as: 0.671, 1.87, 2.92, 1.37, 10.45, 0.098, 0.650, 0.178, 0.066, 0.895, 2.59, 1.4, 2.78 and 0.432 ppm gold. This consistency of comparable assay results indicates values worthy of further detailed exploration activity.
Plutonic Operations in prospect examination of The Blue Doe (May, 1997) collected 6 rock-chip samples. The gold values were: 0.22, 2.31, 1.005, 0.964, 16.45 and 17.05 ppm per tonne gold.
Janis Puce, consulting geologist and Kev Doyle, operations manager, recently conducted a further examination of the prospect area collecting grab rock chip samples along strike of the Blue Doe and June Ellen prospects. Assay results were:4.65, 16.5, 1.99, 0.74, 0.02, 2.60, 1.08, and 1.03 ppm per tonne gold.
A work program is being planned for the further exploration and development of these prospects.
Golden Spirit Minerals Ltd. is focused on building a portfolio of promising gold properties to maximize shareholder value based on the ever-increasing value of Gold.
/s/ Robert Klein ----------------------- Robert Klein, President
For further information contact Joseph Beyrouti at: 1-888-488-6882 Visit our web site at www.goldenspirit.ws
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Golden Spirit Minerals filings with the Securities and Exchange Commission.