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Wednesday, 04/16/2003 10:28:55 AM

Wednesday, April 16, 2003 10:28:55 AM

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More Gallery news:

NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: GALLERY RESOURCES LTD.

TSX VENTURE SYMBOL: GYR

APRIL 15, 2003 - 11:01 EST

Gallery Resources Limited: Major Mineral Belt Potential
Identified on Gallery's Katie Property

VANCOUVER, BRITISH COLUMBIA--Gallery Resources Limited (GYR:
TSX.V) of Vancouver, B.C. is pleased to announce that it has
received further positive assay results from the latest round of
drilling on its Black Bart Katie Project located in the Botwood
Basin, central Newfoundland.

These results are highlighted by the intersection of a 30 ft.
thick, zinc enriched VMS zone, "The Tall Tree Zone" (TTZ),
located 7,550 ft. south of the initial discovery of VMS
mineralization at the Black Bart Prospect. This zone contains an
average grade of 0.60% zinc and up to 0.43 g/t of gold, which is
hosted in low sulphides (visually estimated at a maximum 2%) and
therefore, higher concentrations of sulphides, when encountered,
should yield much higher zinc and gold grades proportionately.

Also highlighting the latest results are the remaining assays
from all five holes, which intersected a zone of epithermal
veining and VMS mineralization. The results from this zone,
referred to as "The McDonald Zone"(MZ), confirm widespread
enrichments in gold, silver, zinc, lead and copper with metal
values recorded in most of the 61 (1 to 3 feet) samples selected
for assaying. Gold mineralization is very widespread, with
thirty-six (36) of these samples containing assays up to 2.52 g/t
gold, associated with both epithermal and VMS mineralization.

Significant results have been obtained from the last hole,
drilled at the McDonald Zone (MZ). This hole also cut the
epithermal and VMS style mineralization. Eight of ten samples
selected to a vertical depth of 460 ft. contained gold
mineralization up to 0.65 g/t, zinc up to 0.12%, lead up to 0.23%
and silver up to 13.0 g/t (0.42 oz/t). The MZ has now been
intersected over an area measuring at least 1,640 x 738 ft and
down to a vertical depth of 460 ft.

The latest round of drilling has achieved the objectives of
demonstrating both the extensive development and close
relationship of the epithermal and VMS mineralization. Drilling
to date has outlined four mineralized zones, located along a 1.7
mile section of what is emerging to be a potentially significant
mineralized belt, now referred to as "the Burnt Hill Belt".

During the next few weeks Gallery's field crew will be carrying
out both research and field investigations to map out the next
phase of exploration work. Field work will commence next week
with geochemical sampling using the Mobile Metal Ion (MMI)
technique to assist in delineating priority drill targets.
Planned fieldwork will also focus on detecting new drill targets
at other areas north and south of the four main mineralized zones
identified to date. For the latest update on the results of the
recently completed drill program and to view representative core
samples, please visit Gallery's website at
http://www.gallery-gold.com.

Bruce Costerd, President & C.E.O.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Gallery Resources Limited
Investor Relations
(604) 662-8119 or Toll Free Canada & USA: 1-800-565-7350
(604) 662-8616 (FAX)
Email: info@gallery-gold.com
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.


Ed

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