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SEYMOUR EXPLORATION CORP.
Suite 410 – 777 Dunsmuir Street
Vancouver, British Columbia  V7Y 1G5
(the "Company")

NEWS RELEASE

MARCH 16, 2004

TSX Trading Symbol: SEZ Telephone: (604) 688-5866
Email: 3mcc@telus.net Facsimile: (604) 488-0787
 

Seymour Exploration Corp. (TSX-VEN "SEZ") Enters into a Strategic Alliance with Wallbridge Mining Company Limited (TSX. "WM")

VANCOUVER, March 16 /CNW/ - Seymour Exploration Corp. has entered into an exploration Alliance with Wallbridge which allows Seymour the option of acquiring 50% of five mining claims in the southwestern part of the Swayze greenstone belt in Ontario. Seymour will earn its 50% interest by funding an aggregate of $1,000,000 on exploration expenditures by December 31, 2006 on these claims, plus any additional properties acquired for the Alliance. Once Seymour has earned its initial interest, joint ventures covering specific properties will be formed.
Seymour will expend a minimum of $500,000 by December 31, 2004, to include geological and geophysical surveying, mechanical trenching and drill testing of identified targets in the initial property area. The initial property covers a nickel/copper target characterized by a strong 2 km by 1.5 km magnetic anomaly, which is spatially associated with copper soil geochemical anomalies. In addition, government geologic mapping identified boulders of ultramafic rocks south of the magnetic anomaly.

This strategic alliance with Wallbridge, allows Seymour Exploration to tap into the vast resource talent pool available at Wallbridge. Both Seymour and Wallbridge will enjoy the flexibility of presenting potential acquisition properties located in Ontario and Manitoba to the Alliance at their discretion.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President and Director

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

 

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