X-Cal Resources fka XCL

[Ed Monton]

NEW SLEEPER GOLD CORPORATION

(formerly Upland Resource Corporation)

TSX VENTURE SYMBOL: ULC

MARCH 16, 2004 - 08:22 ET

New Sleeper Gold Corporation (formerly Upland Resource
Corporation) Announces Completion of Business
Combination-New Stock Symbol: TSXV-NWS

LONGUEUIL, QUEBEC--New Sleeper Gold Corporation (formerly Upland
Resource Corporation) has completed the business combination with
New Sleeper Gold Corp. announced by Upland in a press release
dated December 31, 2003.

The business combination included the following steps: (1)
Upland's common shares were consolidated on a 2.5:1 ratio; (2) a
wholly-owned subsidiary of Upland amalgamated with New Sleeper
Gold Corp. and Upland issued to each New Sleeper Gold Corp.
shareholder one Upland share for each outstanding New Sleeper
Gold Corp. share; and (3) Upland continued under the Canada
Business Corporations Act, changing its name from Upland Resource
Corporation to New Sleeper Gold Corporation. All steps were
approved by the requisite number of shareholders as required by
applicable legislation and the rules of the TSX Venture Exchange.
In addition, the following directors have been elected to serve
on the board of New Sleeper Gold Corporation: David Fennell,
James Crombie, Loraine Altenweg, Leanne Baker, Vijay Kirpalani,
Bruce McLeod, Peter Nixon and Ian Rozier.

The business combination was approved by the TSX Venture Exchange
and New Sleeper Gold Corporation's common shares are expected to
trade under the stock symbol NWS on or about Thursday, March 18,
2004. After giving effect to the consolidation and the business
combination, New Sleeper Gold Corporation has 37,417,024 common
shares issued and outstanding. Holders of Upland common share
certificates will receive replacement securities from the
transfer agent of New Sleeper Gold Corporation.

New Sleeper has recently completed a private placement financing
raising approximately Can. $33 million, of which US $20 million
was used for the acquisition of a 50% interest in the Sleeper
project.

New Sleeper indirectly owns a 50% undivided interest on what is
known as the "Sleeper Gold Property" located in the Slumbering
Hills, Awakening Mining District, Humboldt County, Nevada (the
"Sleeper project") and other assets of Sleeper Mining Company
LLC. Its joint venture partner X-Cal Resources Ltd. indirectly
owns the other 50% interest in Sleeper project. New Sleeper is
the operator of the joint venture.

New Sleeper has recently commenced an exploration program, the
main objective of which is to define Mineral Resources (under NI
43-101) from known mineralization, as well as to discover new
mineralization. The work program includes core drilling and RC
drilling, data compilation, including historic drill log
compilation, geological mapping, target definition and
refinement, geological field work and survey. Exploration
expenditures on the work program for the next 12 months will cost
approximately $6 million.

For more information, please refer to the 43-101 Technical Report
and Filing Statement filed with the TSX Venture Capital and soon
to be available on www.sedar.com under New Sleeper Gold
Corporation's public documents.

FORWARD LOOKING STATEMENT

Some of the statements contained in this press release are
forward-looking statements. Forward-looking statements are not
historical facts, and are subject to a number of risks and
uncertainties beyond the control of New Sleeper Gold Corporation,
including statements regarding completion and cost of work
program, potential mineralization, exploration results and future
plans and objectives of New Sleeper Gold Corporation. Resource
exploration, development, and operations are highly speculative,
characterized by a number of significant risks, which even a
combination of careful evaluation, experience and knowledge may
not eliminate, including, among other things, unprofitable
efforts resulting not only from the failure to discover mineral
resources but from finding mineral deposits which, though
present, are insufficient in quantity and quality to return a
profit from production. There can be no assurance that such
statements will prove to be accurate and actual results could
differ materially from those suggested by these forward-looking
statements for various reasons discussed throughout the Filing
Statement (particularly in the section entitled "Risk Factors")
referred to above.

New Sleeper Gold Corporation is a gold exploration company with a
50% interest in the Sleeper gold project in Nevada. New Sleeper's
shares trade on the TSX Venture Exchange (TSXV) under the symbol
"NWS".

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FOR FURTHER INFORMATION PLEASE CONTACT:
New Sleeper Gold Corporation
James Crombie
President & CEO
[phone]
[phone] (FAX)
Email: [e-mail]
or
New Sleeper Gold Corporation
Susie Bell
Manager, Investor Relations
[phone]
[phone] (FAX)
Email: [e-mail]
Note: New Sleeper Gold Corporation's web site is under
construction.