Golden Peaks Resources Ltd. - Baseline report received



    VANCOUVER, June 9 /CNW/ - Golden Peaks Resources Ltd. (TSX: GL) (the
"Company") is pleased to report the Company is in receipt of a environmental
baseline report which shows the ongoing development of the La Fortuna gold
district continues to be in compliance with its environmental impact report
and provincial environmental regulations.
    The Company has maintained a four season baseline monitoring program.
This program was expanded to monthly water sampling with analysis for 52 items
including 32 chemical elements. The various hydrologic basins in the district
were established and sample monitoring points were identified. External
sampling points were also established for greater security.
    This report is an important step in the development of the La Fortuna
gold district as it demonstrates there is no negative environmental impact on
the hydrologic basins in which exploration is being conducted.
    This press release has been reviewed and approved by Dr. Kieran Downes,
P.Geo., President of Golden Peaks Resources Ltd. and a Qualified Person as
defined by National Instrument 43-101, under whose direction the exploration
programs are being carried out.

    The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and so
involve inherent risks and uncertainties, as disclosed under the heading "Risk
Factors" in the company's periodic filings with Canadian securities
regulators. Actual results could differ from those currently projected. The
Company does not assume the obligation to update any forward-looking
statement.




For further information:

For further information: Media Information, contact: Scott Emerson,
Chairman and Director, SE@goldenpeaks.com; Investor Information, contact: Mike
Kordysz, Investor Communications, MK@goldenpeaks.com

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GOLDEN PEAKS RESOURCES LTD.

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