Module Resources Announces Project Update



    /NOT FOR DISTRIBUTION IN THE UNITED STATES/

    BLAINE, WA, March 13 /CNW/ - Module Resources Incorporated (TSX-NEX:
MLE.H) confirmed today it is proceeding with the reactivation of the Company's
shares on the TSX Venture Exchange, subject to regulatory approval. Module
shares are currently listed on the TSX-NEX Exchange.
    Module also confirmed it has made significant progress with the NI 43-101
report for the Carolin property, stating that the report should be completed
and filed with the TSX Venture Exchange no later than the middle of April.

    On behalf of the Board of Directors,

    "J. Graham Eacott"

    Director

    The TSX-NEX Exchange has not reviewed and does not accept responsibility
    for the adequacy or the accuracy of this release. We seek Safe Harbor.

    Caution concerning forward-looking information

    This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable securities laws.
This information and statements address future activities, events, plans,
developments and projections. All statements, other than statements of
historical fact, constitute forward-looking statements or forward-looking
information. Such forward-looking information and statements are frequently
identified by words such as "may," "will," "should," "anticipate," "plan,"
"expect," "believe," "estimate," "intend" and similar terminology, and reflect
assumptions, estimates, opinions and analysis made by management of Module in
light of its experience, current conditions, expectations of future
developments and other factors which it believes to be reasonable and
relevant. Forward-looking information and statements involve known and unknown
risks and uncertainties that may cause Module's actual results, performance
and achievements to differ materially from those expressed or implied by the
forward-looking information and statements and accordingly, undue reliance
should not be placed thereon. Risks and uncertainties that may cause actual
results to vary include but are not limited to the speculative nature of
mineral exploration and development, including the uncertainty of reserve and
resource estimates; operational and technical difficulties; the availability
of suitable financing alternatives; fluctuations in gold and other commodity
prices; changes to and compliance with applicable laws and regulations,
including environmental laws and obtaining requisite permits; political,
economic and other risks; fluctuations in foreign exchange rates; as well as
other risks and uncertainties which are more fully described in our annual and
quarterly Management's Discussion and Analysis and in other filings made by us
with Canadian securities regulatory authorities and available at
www.sedar.com. Module disclaims any obligation to update or revise any
forward-looking information or statements except as may be required by law.





For further information:

For further information: Brent Jones, Manager of Investor Relations,
E-mail: brent.jones@moduleresources.com, Phone: (360) 332-4653, Fax: (360)
332-4652

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MODULE RESOURCES INCORPORATED

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