Botwood Basin

[Ed Monton]

GALLERY RESOURCES LTD.

TSX VENTURE SYMBOL: GYR

MAY 14, 2003 - 15:15 EST

Gallery Resources Upgrades Katie Drill Targets

VANCOUVER, BRITISH COLUMBIA--Gallery Resources Limited (GYR:
TSX.V) of Vancouver B.C. is pleased to announce it is finalizing
targets for a planned summer drilling program on the Katie
VMS-Epithermal Gold Property situated in the Botwood Basin of
central Newfoundland.

The geology team will commence a Mobile Metal Ion (MMI) soil
sampling survey to expand the area of interest. This survey will
also be carried out over previously untested gold prospects
discovered last summer and new drill intersected VMS-gold
mineralized zones, such as the Tall Tree and McDonald Zones, as
outlined during the winter drilling program. These targeted areas
are contained within a 20 km (12 miles) section of the Burnt Hill
Belt (ref. Press Release April 15, 2003). This belt is identified
on the Katie Property as a linear zone containing widespread
surface and drill intersected VMS and gold mineralization
coinciding with geochemical and geophysical anomalies.

Gallery Resources has selected the MMI survey because of the
success reported by companies using this technique for the
identification of drill targets in other areas of the Botwood
Basin. These areas are similar (same type of soil cover, bogs,
etc.) to the Katie Property and therefore, the MMI survey will
present a practical sampling method for precise selection of
drill sites. The Company understands from reports by companies
active in the Basin that MMI sample results are assisting in
pinpointing drill intersections of high-grade gold
mineralization. Project Manager, Vic French, advises the MMI
survey was delayed because of snow cover in wooded areas of the
Katie Property and drilling will resume upon completion of the
MMI survey.

The Company is also very pleased to announce it has increased the
property size by 100 claims to a total of 1007 claims by adding
four (4) strategic claim blocks along the north boundary of the
Katie Property. These claims encompass an area in which Gallery
work crews have mapped an extensive zone of previously unmapped
carbonate altered, pyrite mineralized sedimentary and volcanic
(rhyolite tuffs) rocks. Initial prospecting of these rocks, which
are favourable hosts for gold mineralization, has detected
anomalous gold up to 0.62 g/t. The rocks form a part of the newly
recognized Burnt Hill Belt. The new claims are also included in
the Katie option agreement with the Black Bart Prospecting Group.


Bruce Costerd, President & C.E.O

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FOR FURTHER INFORMATION PLEASE CONTACT:
Gallery Resources Limited
Investors Relations
1-800-565-7350 or [phone]
Email: [e-mail]
Website: www.gallery-gold.com
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responsibility for the adequacy or accuracy of this release.