Crown Jewel Project's Record of Decision Reinstated.

DENVER--(BUSINESS WIRE)--June 1, 1999--

Crown Resources Corporation today announced that Departments of Interior and Agriculture have reinstated the Crown Jewel gold project's Record of Decision.

This action was in accordance with recent Congressional legislation that affirmed long held Mining Law interpretation concerning land use regulations. The project's Record of Decision had been vacated based upon a bizarre new interpretation of Mining Law by Interior that was considered inconsistent with Mining Law by many in government, industry, the legal profession and Congress. This project has received approvals from county, state and federal regulatory agencies, favorable rulings by state and federal courts and Congress.

Development of the Crown Jewel Mine has taken seven years and over $80 million to become arguably the most environmentally sound major mining project ever proposed in the United States. It has obtained over 50 permits and has prevailed in every adverse action and challenge. Christopher E. Herald, President of Crown, stated, "We are pleased that the Departments of Interior and Agriculture have moved quickly in carrying out Congress's mandate and we look forward to an expeditious approval of the project's Plan of Operations. This legislation rectified an injustice that was grossly arbitrary and capricious in its application to Crown Jewel. It is important to note that environmental protection was not at issue. The residents of Okanogan County, Washington, are closer to realizing the significant economic benefits this project offers."

The project will generate $5 million in new annual payroll, over $1 million in annual state and local taxes and tens of millions of dollars in new capital investment to the local economy. The Crown Jewel gold deposit contains approximately 1.6 million ounces of gold at an average grade of 0.188 ounces of gold per ton. Battle Mountain Gold Company is earning a 54% interest in the project by providing 100% of the funding, without any repayment from Crown, to place the property into production at a minimum rate of 3,000 tons per day. Average life of mine cash costs are estimated at $160 per ounce. Average annual production rates are forecast at approximately 185,000 ounces of gold, with Crown retaining a 46% interest in this production.

Crown is a U.S. domiciled gold exploration company with properties in the U.S. and Mexico and a 57%-equity interest in Solitario Resources Corporation (SLR-Toronto Stock Exchange). Crown is traded on the NASDAQ National Market System under the trading symbol CRRS and the Toronto Stock Exchange under the symbol CRO.

The information set forth above includes "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. Factors that could cause results to differ materially from those projected in the forward-looking statements include, but are not limited to, the timing of receipt of necessary governmental permits, the results of judicial proceedings, the market price of gold, results of current exploration activities and other risk.