| Consolidated Big Valley Resources Inc. - CBG.HNEWS RELEASE January 10, 2005 DISPOSITION OF 10% INTEREST IN CARIBOO MINING DIV. PROPERTYConsolidated Big Valley Resources Inc. (the “Company”) has signed an agreement with Glengarry Development Inc. to sell its remaining 10% interest in the Lloyd group of claims in consideration for $50,000 cash and other minor terms. The Company previously (April 8/03) had sold its 90% interest for $150,000 and had retained a 10% working interest. ON BEHALF OF THE BOARD Frank J. Basa President/Director THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. |