January 19, 2005
Vancouver, Canada – Orphan Boy Resources Inc. (ORS: TSX.V) reports that management has filed an, “Application to the British Columbia Ministry of Energy and Mines for the Amendment of Permit M-147 to Facilitate Operation of the Goldstream Mill as a Custom Mineral Processing Plant at up to 1,360 Dry Metric Tons per Day”.
The Goldstream Custom Mineral Processing Plant and related infrastructure is owned 100 percent by Bethlehem Resources (1996) Corporation, a wholly owned subsidiary of Orphan Boy Resources Inc. The Plant is located in the Revelstoke Mining Division, near Highway 23, ~100 kilometres north of the City of Revelstoke, British Columbia, Canada. Bethlehem also owns a 1.205ha industrial site on a CPR siding in the Revelstoke Business Park. The site is designed for bulk handling of mineral concentrates.
The modern Goldstream Plant was designed by Kilborn Engineering B.C. Ltd. (1,360dmtpd nameplate capacity) for Noranda Mines Limited. Construction of the Plant was completed in 1983 at a cost of approximately $70 million (surface and underground facilities).
Klohn Crippen completed a, "Goldstream Tailings Facility - Feasibility Study" on October 4, 2004; they concluded that the existing facility can accommodate tailings from a 500dmtpd operation for five years, with modest dam additions. Further, Klohn Crippen concludes that the existing tailings facility can be raised to a dam crest of 710m to increase capacity sufficient to accommodate 15 years of additional production at 1,000dmtpd. Klohn Crippen also did a general area review and determined that there were other potential tailings disposal sites in the Goldstream Valley that could support many more years of Goldstream Plant operations.
The Goldstream Plant is well located on or near major roads and is connected to BC Hydro grid power. There are conceptual plans now in the making to develop a major highway upgrade from Waneta at the BC/Washington border to Valemont via Highway 23 – this would become the shortest route to Alaska for USA travelers from the Spokane area. Part of this conceptual upgrade plan includes a fixed (causeway/bridge) crossing at Galena Bay on Upper Arrow Lake near Nakusp. This highway development would further enhance the potential for the Goldstream Plant to be a readily accessible central custom mineral processing facility.
The Revelstoke Region is one of the most highly mineralized terranes in British Columbia (ranked in the top 10% in the province by BCGSB) and is host to several known mineral deposits such as the Willa, Cotton Belt, Ruddock Creek, J&L and Trout Lake (MAX). The region is also close to Teck Cominco Limited's world class Trail smelting and refining facility.
The Company plans to refurbish the Goldstream Plant at a cost of ~$4.5 million to prepare it for custom milling services.
On Behalf of Management
John A. Chapman, Director
For additional information, please refer to the Company's website at http://www.bethlehemmining.com or contact: Maria Da Silva, Investor Relations, toll free at: 1.877.261.4466, Ronald Coombes, President at 604.724.2369. Mark Brown, CFO at 604.687.3520 or by e-mail at orphanres@telus.net.
The TSX Venture Exchange has in no way approved nor disapproved the contents of this news release
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