Howlett Research Corp. Publishes Research Report on Thelon Ventures Ltd.


VANCOUVER, British Columbia, Nov. 4, 2003 (PRIMEZONE) -- Howlett Research Corp. (www.howlett-research.com), a boutique research firm led by Jeff Howlett, President, announced today that it has recently published a comprehensive research report on Thelon Ventures Ltd. (TSX Venture Exchange:THV), a Canadian-based mineral exploration company engaged in acquiring promising early stage, strategically located projects in areas with demonstrated high potential.

Over the past year, Thelon has acquired several such projects, including properties in the Raglan and Val d'Or areas of Quebec as well as Lac de Gras in the Northwest Territories. Thelon is now embarking on a new stage in its corporate development and is set to begin exploration programs to advance these and other prospects.

The full report can be found at www.howlett-research.com/Research.htm.

About Howlett Research Corp.

Based on British Columbia's Sunshine Coast, Howlett Research Corp. has been completing company specific research reports for a range of publicly listed companies for well over 10 years in a variety of industry sectors. The reports are developed for quality junior to medium sized companies that lack adequate coverage by the financial community. These reports attempt to explain how the company is positioned in its competitive environment, along with what its business development/growth strategy and associated market potential is.

Howlett Research Corp. has accepted a cash fee of under $10,000 from Thelon Ventures Ltd. in preparing the research report which represents the total consideration due. Howlett Research Corp. has not been involved in, nor does it envision participating in any transaction or investment banking business related to Thelon Ventures Ltd. Howlett Research Corp. does not own shares of Thelon Ventures Ltd. and does not trade in its shares.

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client.



            

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