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LIAISON COMMITTEE FOR RUBY CREEK MOLYBDENUM PROJECT (MOLY @$30.00 (US)/lb)
July 25, 2005 - Vancouver, British Columbia
Adanac Moly Corp. (AUA:TSX.V) ("Adanac") is pleased to
announce a Company initiative in the forming of the Ruby Creek Liaison Committee. This Committee
will provide Adanac Moly Corp. a venue to communicate to the local Atlin community, the technical
and socio-economic aspects of the Ruby Creek Project, while providing an opportunity for all
Atlin and area residents a structured forum to address any concerns or input through direct
feedback. The Committee is made up of the many multi-faceted interests and will provide a
represented balance within the Atlin community. Through the Ruby Creek Liaison Committee,
Adanac Moly Corp. will be able to provide local Atlin area constituents a better understanding
of the sustainability, impacts and benefits of the Ruby Creek Project. This initiative is one of
many criteria for Adanac Moly Corp.'s socio-economic and environmental submissions to the
British Columbia Environmental Assessment Process and the Canadian Environmental Agency.
The management and staff are pleased with the start up of this initiative and are committed to
fairness, respect and transparency to all peoples of the Atlin area, throughout the entire
process.
The Ruby Creek Project is a proposed open pit molybdenum mine situated 24 kilometers northeast
of Atlin, BC, which would operate at 20,000 tonnes per day of ore for 20 plus years and have an
overall footprint of approximately 830 hectares. The Company believes that the proposed mine is
a sound project that will minimize any long term environmental effects and maximize
socio-economic benefits to the local community, Taku River Tlinget First Nation and British
Columbia.
On Behalf of Management
ADANAC MOLY CORP.
"Larry W. Reaugh"
Larry W. Reaugh,
President and Chief Executive Officer
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of this release. This news release may contain certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical fact, included herein are
forward-looking statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Important factors that could
cause actual results to differ materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the Toronto Venture Exchange, the British
Columbia Securities Commission and the US Securities and Exchange Commission.
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