Aurora Platinum Corp. Exploration Drilling Update; Nickel Lake Zone, Foy Offset Property, Sudbury, Ontario.

Business Editors

VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--June 14, 2004

Aurora Platinum Corp. (TSX VENTURE:ARP) announced today the assay results of its recent exploration drilling program on the Nickel Lake Zone, Foy Offset, Sudbury, Ontario, part of its Nickel Lake Option/JV with Inco Limited. Hole NI-25 intersected a 40.7 metre section (from 787.1 metres to 827.8 metres; estimated true width of 22 metres) of intermittent semi-massive sulphide with localized massive sulphide patches. Length-weighted average assay results for the 40.7 metre interval returned values of 0.77% Ni, 0.87% Cu, and 425 ppb Pt + Pd + Au, including a 10.6 metre interval of 1.03% Ni, 0.78% Cu, and 537 ppb Pt + Pd + Au, and a 4.7 metre interval of 1.34% Ni, 0.53% Cu, and 613 ppb Pt + Pd + Au. Mineralization consists of typical Sudbury Offset-type inclusion bearing sulphides.

Hole NI-25 was designed to intersect an off-hole highly conductive (6,000 Siemens) BHUTEM-4 response modeled to be 10 to 15 metres east of hole NI-24 at a downhole depth of 790 metres. This intersection verifies the conductive body as typical Sudbury Offset-type inclusion bearing sulphide mineralization. Hole NI-25a, a wedge hole drilled off and below NI-25, is nearing completion and has intersected the mineralized zone approximately 60 metres down dip, below the NI-25 intersection. Drilling and borehole electromagnetic surveys to date (NI-21, NI-22, NI-23, NI-24, NI-25, NI-25a) have established a conductive trend along the hanging wall of the dyke that extends for approximately 100 metres in strike and 400 metres in depth, but remains open in all directions. Holes NI-21, NI-22, NI-25 and NI-25a have all intersected the modeled conductor and confirm the presence of sulphides over a vertical extent of 305 metres.

Wedge hole NI-25a was drilled to undercut the semi-massive sulphide intersection of NI-25 and to probe the constriction of the Foy Offset Dyke caused by the inflexion or flattening of the dyke's footwall (changes in dyke geometry are considered favourable sites for sulphide deposition in the Sudbury Camp). The borehole was also designed to test the bottom portion of the strongly conductive, off-hole BHUTEM response detected within NI-24.

NI-25a intersected the hangingwall contact of the Foy Offset Dyke at 803.49 metres and the footwall contact at approximately 987 metres. Approximately 183 metres of disseminated, blebby, pyrrhotite and localized blebby chalcopyrite are reported, averaging approximately 3% total sulphide. Included within this larger intersection is a 9.6 metre interval of semi-massive to massive sulphide (approximately 15% total sulphide). Once drilling is completed on NI-25a, a borehole UTEM survey will be carried out and the results modeled in preparation for additional drilling. Assays for NI-25a will be released when received.

The Nickel Lake Option/JV Property (five patented mining claims totaling 71 hectares) lies 30 kilometres northwest of the city of Sudbury, Ontario, approximately 1.3 kilometres west-northwest of the North Range (Main Mass contact) of the Sudbury Igneous Complex. The property covers 1.4 kilometres of the west-north-west trending Foy Offset Dyke, hosts numerous Ni-Cu-PGM sulphide showings and lies approximately 250 metres northwest of Inco's Nickel Lake Ni-Cu-PGM (WD-150) deposit.

Drilling in 2003 - 2004 focused on following up on the high-grade intersection reported from hole NI-15 (see News Release dated February 12, 2003), in which a zone of massive sulphide from surface to 17.87 metres grading 1.69% nickel, 0.43% copper, 0.07% cobalt, 0.23 grams per tonne gold, 0.64 grams per tonne platinum and 0.88 grams per tonne palladium was intersected.

Quality Control

Aurora has implemented a quality control program to ensure best practice in the sampling and analysis of the drill core. Half of the drill core is sampled for analysis and the remaining half of the core is stored in a secure location. The drill core is transported in security-sealed bags for preparation at ALS Chemex in Mississauga, Ontario. Samples are dried, crushed and approximately 250 grams are pulverized to pass 75 microns. Pulps are then shipped to Chemex's laboratory in Vancouver, BC for analyses. This ISO 9001:2000 registered laboratory is preparing for ISO 17025 certification.

Silver, copper, lead, nickel and cobalt are digested in a partial extraction and analyzed by atomic absorption. For values greater than 10,000 ppm, a total digestion with atomic absorption finish is undertaken. Gold, platinum and palladium are analyzed by fire assay with an ICP finish. Gravimetric analysis is done for values greater than 1,000 ppb. In addition to ALS Chemex standard quality assurance procedures, Aurora submits field duplicates, blank samples, and analytical standards every one in 40 samples.

The Nickel Lake Option/JV Property is being supervised by Yves Clement (P.Geo), the Qualified Person for this project.

Aurora Platinum Corp. is actively exploring for Ni-Cu-PGM deposits in Ontario and Quebec. The Company has an option/joint venture with Falconbridge Limited in the Sudbury District (Foy and Footwall properties) and option/joint ventures with Inco Limited including the AEM Project in northwestern Ontario and the AEM Abitibi Project in eastern Ontario/western Quebec and the Nickel Lake Project in the Sudbury District. Aurora is also aggressively exploring a number of 100% owned properties in northwestern Ontario and in Quebec.