Marauder Resources East Coast Updates Activity

Marauder Resources East Coast says the company is continuing to work with its industry partner, planning for the drilling of a well offshore Nova Scotia, scheduled to commence in the second quarter of 2005. We are also continuing in our financing efforts and are meeting with a number of possible investors, the response of which has been favorable. We are unaware of any change in our circumstances which would contribute to the recent weakness in our stock price.

Marauder Resources East Coast Inc owns a 50% working interest in the shallow rights at Panuke and Cohasset, and all rights in the Balmoral Block offshore Nova Scotia, under production licenses PL-2901 and PL-2902.