Crown Resources Corporation Calls $1.655 Million of Its Convertible Secured Notes for Redemption.

Business Editors

DENVER--(BUSINESS WIRE)--Nov. 21, 2003

Crown Resources Corporation announced today that it has issued a redemption notice (the "Notice") for $1,655,333 of its Crown Resources Corporation and Crown Resource Corp. of Colorado 10% Convertible Secured Notes due October 2006 (the "Notes"). The Notice specifies that the Notes will be redeemed on December 31, 2003, for a redemption price of $1,690,254 (which represents $1,655,333 in principle and $34,921 of interest through December 31, 2003).

The Notes may be converted into shares of Crown common stock at any time prior to the close of business on December 30, 2003, by delivering the Notes to Crown's offices at 4251 Kipling St., Suite 390, Wheat Ridge, CO 80033. If the Notes are not delivered to Crown's office by that time, the right of conversion will terminate.

Crown anticipates that a majority of the holders of the Notes will elect to convert their Notes. If all of the Notes converted, Crown would issue approximately 4,729,523 shares of common stock.

Crown is a U.S. domiciled gold exploration company whose major assets are the Buckhorn Mtn. Project located in north-central Washington State and a 38.7% interest in Solitario Resources Corporation (symbol: SLR on the TSE). Crown is traded on the OTC Bulletin Board under the trading symbol CRCE.

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 risks.