Botwood Basin

[Ed Monton]

Gallery Commences Winter Exploration Program at Katie

VANCOUVER, BRITISH COLUMBIA--Gallery Resources Limited (GYR:
TSX.V) of Vancouver, B.C. is pleased to announce the start of a
ground geophysical and follow-up drilling program on the Black
Bart Katie Gold - VMS Property in central Newfoundland.

Work crews are preparing 30 kms of grid lines for Induced
Polarization (IP), Very Low Frequency ElectroMagnetic (VLF-EM)
and Magnetic (MAG) survey techniques. This surface work will test
6 separate areas of coincident soil, stream sediment and lake
bottom sediment geochemical anomalies containing significant gold
values. This work will avail of the winter conditions, which now
facilitate ground geophysical surveying.

The geophysical surveys will assist in more precisely identifying
targets at the 6 sites selected for follow-up drilling. Earlier
drilling and surface exploration by Gallery on the property has
succeeded in detecting significant gold mineralization in
geochemically anomalous areas. These positive results include
high grade gold on surface up to 16.7 g/t (0.51 oz/t) at Mystery
Pond (ref. Press Release July 9, 2003) and grades in drill core
up to 2.52 g/t at the McDonald Zone (ref. Press Release April 2,
2003), which confirm the reliability of the geochemical anomalies
in identifying gold zones.

The IP surveys being carried out by Gallery are used throughout
the exploration industry for the detection of gold in low
sulphide mineralized zones. The gold mineralization identified on
the property to date is hosted in rocks containing a low
percentage (up to 5%) of disseminated pyrite, sulphide
mineralization.

Sites are also selected on the basis of geophysical results from
an earlier airborne magnetic survey completed by the Geological
Survey of Canada (GSC) and also earlier surface MAG and VLF-EM
surveys completed by exploration companies working this area in
the 1980's. For example, one site is a large 1.5 km diameter zone
of low magnetic responses, detected by the GSC, and situated just
inside the north boundary of the property.

The 1.5 km low magnetic zone is also a priority target because of
recent developments in the area, which include recent reports of
gold mineralized, quartz porphyry on adjacent properties located
along the north boundary. Low magnetic responses can be produced
by silica granite intrusions such as a quartz porphyry, a common
host to gold mineralization in disseminated pyrite zones. The
quartz porphyry hosted gold mineralization is very close to the
magnetic low (within several hundred metres north). This magnetic
low is of further interest as it is surrounded by several
anomalous lake sediment sites up to 21 parts per billion (which
is a high lake sed value).

Induced Polarization is particularly suited for detecting
disseminated pyrite zones in silica rich rocks and this survey
together with the MAG and VLF-EM techniques will be used to
define all 6 target areas for the planned drilling program.
Drilling is scheduled to commence upon completion of the surface
work and interpretation of the results.

The technical information contained in this report was collected
and compiled by Project Manager, Victor A. French, P.Geo. who is
a qualified person specified by the TSX Venture Policy.

Bruce Costerd, President & C.E.O.

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FOR FURTHER INFORMATION PLEASE CONTACT:
Gallery Resources Limited
Investor Relations
[phone] or Toll Free, Canada & USA: 1-800-565-7350
[phone] (FAX)
Email: [e-mail]
Website: www.gallery-gold.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.