Casavant Mining Kimberlite International Announces Slate of Nominees to Be Approved at Majority Shareholders' Meeting.

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Jan. 8, 2003

Casavant Mining Kimberlite International Inc. (OTCBB:CMKI) announced today the slate of new Directors and Executive Officers to be elected by the majority shareholders on January 15, 2003, as follows:

Jay McFadden, Vice-Chairman and Chief Executive Officer.

Mr. McFadden is to be elected Vice-Chairman and will be appointed as the Company's Chief Executive Officer. James McFadden serves as CEO and Chairman of Juina Mining Corporation. Mr. McFadden is a professional executive who attended Diablo Valley College, San Francisco, California majoring in Business Administration. He was recruited by Laughlin Associates, Inc. of Carson City, Nevada and served as Vice President of Sales for seven years. During this time, Mr. McFadden was responsible for developing strategic plans for corporate infrastructure on hundreds of start-up companies. Prior to being recruited by Laughlin Associates, Inc., Mr. McFadden was involved in the real estate mortgage and finance industry. He is married with two children and is very active in the community of Gardnerville, Nevada.

David Bending, President and Chief Operating Officer.

Mr. Bending is to be appointed as the Company's President and Chief Operating Officer. David A. Bending M.Sc., P.Geo. has 25 years of experience in mineral exploration and mining worldwide with emphasis on the Americas. He has a M.Sc. in Economic Geology and Geochemistry from the University of Toronto and a B.Sc. (Geology) from the University of Oregon. His career in exploration and management includes three years with Texasgulf Exploration, fourteen years with Homestake Mining Company and eight years in successful consulting and management of junior mining companies. He has been responsible for kimberlite and diamond discoveries in Canada and Brazil and metallic mineral deposits throughout the Americas. He currently manages a geological consulting practice based in Reno, Nevada, with clients and projects throughout the Americas. He is fully conversant in Portuguese, Spanish and French in addition to English and is familiar with mining law, mining development trends and business practices throughout the Americas. Mr. Bending will remain affiliated with Juina.

Rick Taulli, Secretary.

Mr. Taulli is to be appointed to act as the Company's corporate Secretary. Mr. Taulli is an engineer who graduated from the University of California, Riverside with Bachelor of Science Honors in 1976. He has 28 years experience in the hydraulic engineering, mechanical engineering and research and development fields, and has been involved in the corporate environment, both professionally and personally, for over 20 years. He is presently a director of MultiSoft Internet International, Inc., Future Communications Group, Inc., Special Services, Inc., and Excelsior Management, LLC (Managing General Partner). Mr. Taulli will remain affiliated with Juina.

David DeSorneau, Treasurer.

Mr. DeSorneau is to be appointed to act as the Company's Treasurer. Mr. DeSorneau, 56, is a resident of Las Vegas and a 32 year veteran of financial accounting systems. A graduate of New York University at Albany in accountancy, Mr. DeSorneau was originally hired by the Company as a financial systems consultant in December 2002.

Urban Casavant will continue to act as Chairman of the Company's Board of Directors. Dr. Rupert Perrin, who was recently appointed as a Director is nominated to a full term. Dr. Perrin's curriculum vitae has been reported in an earlier press release. Dr. Perrin will also serve on the Company's ethics committee responsible for the implementation of "conflict free" diamond practices and policy implementation.

Urban Casavant stated that "Messrs. McFadden, Bending and Taulli are dynamic individuals who have proven that they can work together as a team. After acquiring Juina Mining Corporation, it became clear to all of us at CMKI that these gentlemen were first team. I look forward to working with them on all of our current mining projects and acquisitions in the future."

FORWARD LOOKING STATEMENTS

This Press Release contains "forward looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than statements of historical fact are "forward looking" statements. Although Management believes that the expectations reflecting in these forward looking statements are reasonable. It can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward looking statements contained in this Press Release.