Bandolac Mining Company, Limited New Corporate Name

    TORONTO, Oct. 29 /CNW/ - Bandolac Mining Company, Limited (the "Company")
today announced it had formally changed its name and will conduct business
under the name "Schyan Exploration Inc./Exploration Schyan Inc.".
    The Company also confirmed Mitchell E. Lavery has been appointed by the
Board of Directors to serve as President. Mr. Lavery, a registered
professional Geologist in the Province of Quebec, is a self employed
consultant and President of Patriot Exploration Inc. With 30 years experience
in all aspects of mining exploration and production he has represented clients
across North America, South America, West Africa and Western Europe.

    The Company is a junior mining exploration and development company that
is seeking out strategic opportunities to become a producer of precious and
base metals through the exploration, development, and operation of
commercially viable properties.
    The Company is not currently listed on any securities exchange.

For further information:

For further information: George Rayfield, 4841 Yonge Street, RPO - P.O.
Box 43070, North York, Ontario, M2N 6N1

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