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

NEWS RELEASE

July 15, 2004

SEYMOUR AND WALLBRIDGE ADVANCE EXPLORATION AT WAKAMI

Seymour Exploration Corporation (Seymour) (TSX-SEZ) and Wallbridge Mining Company Limited (Wallbridge) (TSX-WM) announce that exploration of the Wakami project is ongoing with encouraging results to date. The partners have established that the Wakami magnetic feature is a layered, mafic-ultramafic intrusion measuring about 1800 by 800 metres in size. Initial exploration of this intrusion has already identified the presence of nickel, copper, and PGE mineralization within the intrusion.

A mineralized zone uncovered in the first phase of work measures 19 meters by 3 meters and continues under overburden. Mineralization consists of up to 10% disseminated pyrrhotite and lesser chalcopyrite. Samples of this material yielded up to 0.3 g/T platinum, 0.5 g/T palladium, and 0.2 g/T gold (1.0 g/T TPM) in a grab sample containing 2% sulphide. A separate grab sample containing 9% sulphide yielded 0.2% nickel and 0.2% copper. The highly anomalous metal values derived from samples with relatively low sulphide content support the model of a sulphide-saturated intrusion, and suggest that sulphide fractionation has occurred within the system.

Assays were completed by SGS Minerals using a standard fire assay for Au, Pt, Pd and sodium peroxide fusion/ICP finish for base metals.

A detailed airborne electromagnetic survey will be completed over the property in early August. This survey is designed to detect any conductive features which may be indicative of more massive sulphide bodies.

Based on the results to date, Wallbridge and Seymour Exploration have added new claims to the Wakami Project, increasing the land position in the area from 1,024 hectares to 4,048 hectares.

The Wakami property is located 175 kilometers northwest of Sudbury, Ontario and approximately 7 km southeast of the town of Sultan. The Canadian Pacific Railway passes through the Wakami property.

Mapping by government geologists in the area in 1977 and 1999 did not explain the presence of a very pronounced magnetic feature at Wakami, although boulders of peridotite were noted to the south of the Wakami Intrusion. The Wakami Intrusion has not been explored in the past. Wallbridge acquired the Wakami project in early 2004, recognizing that a low cost, grassroots exploration program could quickly determine if the Wakami magnetic feature is an ultramafic intrusion and potential host to nickel-copper-PGE mineralization. The Wakami Intrusion lies in a unique structural setting adjacent to the western terminus of the Abitibi greenstone belt.

Since starting work on the Wakami property in early May, Wallbridge and Seymour have completed a high resolution magnetic survey, prospecting, mechanical stripping and detailed mapping and sampling. The geological work completed to date has outlined a previously unknown layered mafic-ultramafic intrusion principally comprised of troctolite, pyroxenite and peridotite. The Wakami Intrusion covers an area of approximately 140 hectares and bears many similarities to intrusive bodies that host nickel orebodies elsewhere.

"We are extremely pleased with the rapid pace of exploration progress on this property", stated Richard Murphy, Exploration Manager for Wallbridge and a Director of Seymour. "To have a project progress from an exploration concept to the discovery of a previously unknown mafic-ultramafic intrusion, and then to find nickel-copper sulphides in the span of only two months is very gratifying."

The Wakami project is covered under a Strategic Alliance between Wallbridge and Seymour. Seymour can earn a 50% interest in the project by funding $1,000,000 in exploration expenditures by Dec 31, 2006. Wallbridge is the operator on behalf of the Alliance.

The Qualified Person responsible for this press release is Richard Murphy, P.Geo, Exploration Manager for Wallbridge and Director of Seymour.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President

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