| Consolidated Big Valley Resources Inc. - CBG.HNEWS RELEASE April 1, 2005 CONSOLIDATED BIG VALLEY ASSIGNS ITS INTEREST IN THE MISSION MINE, CALIFORNIA PROJECTConsolidated Big Valley Resources Inc. (“CBG”) has entered into an Option Assignment Agreement on the Mission Mine project between TKM Corporation (“TKM”) and Gold Valley Enterprise (“Gold Valley”). The January 16, 2004 Option has been assigned to Gold Valley of Freehold, New Jersey. Gold Valley will assume amended property payments, and agrees to reimburse CBG for payments made to TKM, staking, geological report costs and expenses not to exceed $160,000 USD within 12 months of February 18, 2005. The agreement is subject to TSX Venture Exchange approval. ON BEHALF OF THE BOARD Stuart Tennant
Director THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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