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Ruby Mining Company Confirms Shipwreck
By Staff
ATLANTA, Apr 6, 2005 (PRIMEZONE via COMTEX) --
Ruby Mining Company (OTCBB:RUBM), conducting operations through its subsidiary, Admiralty Corporation (Admiralty), announced today that its ship, the New World Legacy, and Corazon a' Corazon's ship the Corazon Grande are on site in the area where Admiralty recently arrested a wreck site for a ship thought to be from the sixteenth or seventeenth century. The cannon pile has been located and the site is being filmed and documented. A large number of artifacts have already been found.

The Company is receiving numerous requests from shareholders and other interested parties for more detail on this project, which Admiralty has code named "Project Orange". More information will be released in due course and we will establish an area on our website with more information. Pictures from the site are expected to be available next week. The examination of historic wreck sites is best accomplished in an orderly protocol. After the site is protected with an arrest, it should next be mapped and documented. An attempt to identify the ship through an examination of artifacts and archival research would then follow. It is most important that proper efforts are made to discover and authenticate the ship's identity and history as well as to protect and preserve the artifacts.

We are proceeding with deliberate haste and care and will share information as it is confirmed and at the appropriate time.

Please visit our website at: www.admiraltycorporation.com

Forward-Looking Statements Caution:

This release contains "forward looking statements". Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements are based on expectations, estimates and projections that involve a number of risks and uncertainties (some of which are described in the Company's Annual Report for 2003 on Form 10-KSB filed with the SEC) which could cause actual results or events to differ materially from those anticipated. Ruby does not undertake to update any of its forward-looking statements that may be made from time to time.

SOURCE: Ruby Mining Company

Ruby Mining Company
G. Howard Collingwood, COB & CEO
[phone]

www.admiraltycorporation.com


www.macreport.net


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