RAUDIN Announces the Discovery of Two New Copper-Silver Mineralized Zones on its Mont-Alexandre Project in Gaspe.

MONTREAL--(BUSINESS WIRE)--Oct. 20, 1997-- (ME RAU. ) RAUDIN Exploration Inc. is proud to announce the discovery of two new copper-silver mineralized zones on its Vondenbleu property from the Mont-Alexandre project in Gaspe, following the digging of trenches on geological targets.

Two other mineralized zones, each of several hundred metres long, were discovered through trenches dug during the summer. The first zone associated with the main occurrence was followed on more than 300 metres. With a channel sampling it has given grades up to 2,2 percent Cu and 4,6g/t Ag over 1,5 metre and an average grade of 1,63 percent Cu and 3,55 g/t Ag on 5,4 metres.

A channel sampling made across the mineralized Zone No.3, recently discovered, has given an average grade of 2,74 percent Cu and 8,68 g/t Ag over 2,5 metres including 4,5 percent Cu and 14,0 g/t Ag over 0,5 m as well as 8,8 percent Cu and 28,8 g/t Ag over 0,5m. The lava flow, which is about 8 metres thick, is stratigraphically situated about 10 metres under the mineralized Zone No.1. Samples taken randomly in the mineralized zone outside the channel sampling have given 17,2 percent Cu and 57 g/t Ag. The extension of this zone is limited to the East but remains open at depth and to the West.

The mineralized Zone No.4, stratigraphically situated a couple metres under the mineralized Zone No.3, is, like the Zone No.1 composed of "White Pine type" volcanic sediments layers mineralized with chalcocite and malachite. At the present time the zone can be followed on surface over more than 250 m and its width varies from 0,5m to 25m. Samples taken randomly at different places of the mineralized zone have given values ranging from 0,04 percent on the gangue up to 2,4 percent Cu and 6g/t Ag towards the center of the zone.

Moreover, numerous quartz-epidote veins with width fluctuating between a couple centimetres to 50 cm and highly mineralized with up to 10 percent native copper-silver mineralizations were uncovered in different lithologies. There late veins cut all the rocks and are similar to the Cliff and Centennial mines mineralizations in the Keweenaw Peninsula in Michigan. The veins's density increases towards the West in the direction of Ruisseau Bleu's canyon.

Assays were made by atomic absorption in the Chimitec-Bondar-Clegg laboratory in Val-d'Or. Samples of native copper will be sent very soon to the Lakefield laboratory in Ontario.

Encouraged by these promising results, Raudin has undertaken an aggressive drilling campaign oriented towards the lateral evaluation and the depth of the mineralized zones. The drilling's first phase is of 5000 metres. A second drill rig will be mobilized very soon.

RAUDIN Exploration Inc., is a mineral exploration company listed on the Montreal Stock Exchange under the symbol RAU.

CONTACT: RAUDIN Exploration Inc.

Christian Derosier, 514/861-5138

514/861-4782 (FAX)