International Samuel Exploration Corp. (TSX VENTURE:SAZ) and its joint venture
partner, Canasia Industries Corp. have entered into an option to acquire 100%
interest in seven claims totaling 3,736 acres in the Reed Lake Area of Manitoba.
This acquisition has increased the joint venture holdings to a total 199,736
acre.


The property is strategically located 8 kilometers North east from the VMS
Ventures Inc. base metal discovery in the historic and very prolific Flin Flon
mining camp, with more than 27 significant mineral deposits continuously
discovered over the past 75 years. The most recent discovery is HudBay's Lalor
Lake property, with 20 million tonnes of 8.8 per cent zinc.


The Reed Lake property is jointly owned 50-50 between International Samuel
Exploration and Canasia Industries Corp., which is adjacent to the VMS Ventures
discovery in the Flin Flon district of Manitoba.


Under the option agreement terms with the vendor W. S. Ferreira Ltd., the joint
venture partners have agreed to spend a total of $300,000 on exploration, issue
300,000 shares and pay the vendor $100,000 over a four year period, subject to
TSXV approval.


This acquisition reflects the on going efforts of the joint venture partners to
aggressively pursue further land acquisitions in this highly prospective green
stone belt area of Manitoba.


Derrick Strickland P.Geo., the qualified person under 43-101 has approved the
technical content of this news release.


On Behalf of the Board of Directors

Conrad Swanson, President

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