Gold Exploration in West Africa

[FL]

St.Jude (SJD.V) hits 10m 7.64g/t gold at Benso

http://www.stjudegold.com/pdf/nr_159.pdf

St. Jude Intersects More Gold at Benso, Including 7.64 g/t over 10 meters

Vancouver, October 19, 2004 - St. Jude Resources Ltd. (SJD-TSX.V) is pleased to announce drill results from the company’s wholly owned Benso gold project in Ghana, West Africa. At Benso, the company has concentrated its exploration on the Subriso Block in the area of the historic Subriso Gold Mine. Here, detailed geological, geochemical and geophysical studies have been carried out, and 15 separate mineralized zones have been identified within two large north-south parallel areas of surface enrichment (see attached map). These two highly prospective anomalies are each up to 3,000 meters in length.

New drill highlights from the G zone include 14.69 g/t over 4 meters, 3.84 g/t over 9 meters and 4.13 g/t over 9 meters. The G Zone remains open at depth and along strike and is one of the largest zones discovered to date by St. Jude in Ghana. Here, ore grade drill intersections, across excellent mining widths, have been encountered over a strike length of 500 meters and to depths of over 100 meters. (Previously announced hole SJB-199 intersected 7.17 g/t over 14 meters at 110 vertical meters from surface). Exploration on other nearby prospects continues to be encouraging. For example, at C Zone 7.64 g/t over 10 meters (including 10.71 g/t over 7 meters) and 3.37 g/t over 13 meters have been encountered.

The following table lists significant new drill results from the ongoing program at Benso:
Dip Coordinates From - To Interval Grade
Hole #--Degree--Azimuth--North(m)--East(m)=-- (m)--Width(m)--g/tAu--Zone
SJB-248 -60 90 473.89 -1714.63 175 - 179 4 14.69 G
SJB-249 -45 90 346.55 -1577.48 11 - 20 9 3.84 G
11 - 29 18 2.23
45 - 58 13 3.16
Incl. 49 - 58 9 4.13
SJB-250 -45 90 344.76 1547.12 8 - 13 5 1.11 G
SJB-251 -45 90 293.21 -1530.55 3 - 30 27 1.51 G
Incl. 22 - 29 7 3.44
SJB-252 -45 90 701.92 -1825.99 86 - 102 16 1.25 G
91 - 99 8 1.88
90 - 102 12 1.46
127 - 132 5 1.19
SJB-253 -45 90 469.35 -1690.13 82 - 101 19 1.92 G
37 - 46 9 1.31 G

SJB-254 -45 90 1006.08 -1229.77 0 - 1 1 3.43 P
26 - 28 2 1.20
SJB-255 -45 90 169.84 -1881.74 - - - H
SJB-256 -45 90 1576.54 99.91 23 - 59.7 36.7 0.71 E
33 - 42 9 0.99
SJB-266 -45 90 148.76 202.51 30 - 40 10 7.64 C
Incl. 33 - 40 7 10.71
SJB-267 -45 90 95.7 287.47 55 - 60 5 2.23 C
77 - 81 4 1.04
77 - 90 13 3.37
Incl. 87 - 90 3 12.89
SJB-268 -65 90 -477.89 -1778.27 40 - 43 3 1.83 I
65 - 85 20 1.27
65 - 87 22 1.20
SJB-270 -70 90 -429.64 -1770.52 63 - 75 12 1.43 I
63 - 65 2 3.80
71 - 75 4 1.69
SJB-271 -45 90 137.48 348.11 33 - 38 5 1.8 C
63 - 66.7 3.7 0.84
SJB-272 -45 90 1625.74 102.34 24 - 33 9 1.46 F
42 - 47 5 1.14
SJB-277 -45 90 -405.13 -1715.93 10 - 19 9 2.62 I
SJB-278 -45 90 -760.76 -1911.65 49 - 52 3 1.51 J
59 - 66 7 1.10

At the southern Amantin block, the company is carrying out detailed exploration where high grade quartz veins have been encountered by St. Jude and previous operators. At the northern Chichiwelli block, St. Jude is embarking upon a separate exploration effort based in Tarkwa. Here, the previous operator BHP intersected 6.10 g/t over 6 meters and 13.11 g/t over 5 meters at the historic Chichiwelli Mine, which is at the eastern edge of the concession.

The drill results set out above will be incorporated into a N.I. 43-101 compliant initial gold resource estimate. The company expects to release this first report on Benso resources prior to month end.

Benso adjoins the company’s Hwini Butre property and is located on the southern end of the prolific Ashanti Gold Belt. St. Jude’s Hwini Butre property has established a 936,000 ounce gold resource (indicated 562,000 inferred 374,000) referred to as the Southern Deposits. Between the Southern Deposits at Hwini Butre and the Subriso zone at Benso, there are numerous advanced targets with significant potential to add additional resources.

Concurrently with exploration, St. Jude’s engineering team is performing baseline engineering studies to advance the projects through feasibility. Both Hwini Butre and Benso have strategic infrastructure advantages including good all weather roads, railroad and power grid, and ideal locale where the Southern Deposits are less than 25 km from the major seaport of Takoradi. St. Jude’s exploration program is under the direct supervision of George A. Flach, B.Sc., P.Geo., who is the qualified person responsible for the design and management of the drill program. Assaying is done by standard fire assay techniques with Atomic Absorption ("AA") finish on a one assay ton (30 gram nominal weight) sub-sample from the original 200 gram pulverized sample. A gravimetric finish is used for some of the higher grade assays normally above 10 g/t Au, or if visible gold is observed in the core. Sample preparation and analysis is conducted by SGS Laboratory Services in Tarkwa.

St. Jude is a leading West African explorer focused on the discovery and development of gold deposits amenable to low cost mining techniques. The company’s West African projects now cover over 2,900 sq. km. (716,605 acres) of one of the richest and most productive gold bearing regions in the world. With $11 million in cash, no debt, expanding gold resources, new discoveries and several advanced exploration targets, St. Jude is well positioned to continue its strong growth.

ST. JUDE RESOURCES LTD.
PER:
MICHAEL A. TERRELL,
President
No Stock Exchange has reviewed or accepts the responsibility for the
adequacy or accuracy of this release.
For further information, please contact:
Todd McMurray
Vice President, Corporate Development
St. Jude Resources Ltd.
Suite #200, 5405 - 48th Avenue
Delta, British Columbia
Canada, V4K 1W6
Tel: +1 - 604 - 940 - 6565
Toll Free - 866 - 281 - 2193
Fax: +1 - 604 - 940 - 6566
www.stjudegold.com