Armistice Resources Corp. appoints Chief Operating Officer

    Issued and Outstanding common shares: 46,503,398

    TORONTO, Jan. 31 /CNW/ - Armistice Resources Corp. (TSX: AZ) ("Armistice"
or the "Corporation") is pleased to announce the appointment of Erik O.
Andersen, P. Eng as Vice-President, Chief Operating Officer. He also will
assume the role of Qualified Person as defined under National Instrument
    Mr. Andersen has close to 40 years experience in the mining and
exploration industry primarily in a senior management role. His most recent
position was General Manager with Nalunaq Gold Mine A/S. Mr. Andersen served
as the Managing Director of Platinova A/S, a Toronto Stock Exchange listed
company, and the leading resource developer in Greenland. Mr. Andersen was a
Senior Minerals Policy Advisor with the Government of Greenland. Prior to this
time, he served as Mine Manager or Vice-President Operations at a series of
Canadian mining companies, and as a Geophysicist/Geologist working in eastern
Canada and the high Arctic.
    Todd J. Morgan, President and CEO, commented, "We are very fortunate to
have Mr. Andersen expand his involvement with Armistice to include the
position of Vice President, COO in addition to his current role as a director.
He brings a wealth of experience in bringing mining projects into production
and will play a pivotal role as Armistice moves forward".

    Armistice is a Canadian exploration company that owns an advanced
exploration underground gold project in North-eastern Ontario located on the
prolific Larder Lake break. The McGarry project consists of 34 contiguous
patented mining claims and licences of occupation totalling 484 hectares which
adjoins the former producing Kerr Addison gold mine which produced in excess
of 11 million ounces of gold. The dewatering of the underground workings is
progressing as planned.


SOURCES CORP. "Todd J. Morgan" Todd J. Morgan President, CEO and Chairman of the Board

For further information:

For further information: Todd J. Morgan, (705) 642-3304

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