Dundarave Resources Inc. (TSX VENTURE:DDX) (the "Company") is pleased to
announce that it has recently completed a 1050 line kilometer, helicopter-borne,
magnetic gradiometer survey over its 6000 hectare Jessie Creek property, located
immediately north of the town of Merritt, B.C. The Company subsequently
contracted Quantec Geoscience Ltd. to carry out an induced polarization survey
on the property which is scheduled to commence in June.


The airborne survey and subsequent ground verification have confirmed the
presence of two separate, porphyry copper systems; one alkaline type (eg. Afton,
Copper Mountain) and one calc-alkaline type (eg. Highland Valley Copper), much
of which is covered by overburden of glacial origin.


A prominent north-south fault has been clearly shown on the airborne magnetics
to offset the eastern portion of both systems approximately two kilometers to
the south and is interpreted to be a deep-seated, long-lived structure possibly
genetically related to both porphyry systems. In addition, prominent sets of
northeast and northwesterly trending lineaments and at least two circular
features were outlined by the survey.


The alkaline system, located in the southern part of the property is known to
have 6 historical copper showings of both skarn and intrusive hosted affinities.
The calc-alkaline system, located in the northern half of the property has three
historical zones of mineralization/alteration. The most prominent of these,
known as the SB Zone is associated with a circular magnetic feature as well as
sericitic and alkalic alteration. Locally a breccciated phase containing strong,
potassic (Kspar) alteration is present.


The Company is presently completing a grid for an extensive, induced
polarization/resistivity survey, which is expected to commence in the first week
of June. This survey will be augmented by detailed surface mapping and
prospecting to delineate targets for drill testing.


The technical information contained in this news release has been reviewed and
approved by James M. Dawson, P. Eng., who is a qualified person as defined by
national Instrument 43-101.


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