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December 03, 2003

AntOro Converts Its $500,000 Investment Into 4,222,612 Common Shares of Big Red Diamond Corporation

Montreal, December 3, 2003 - AntOro Resources Inc. announces that it has converted its 30.1% interest in Big Red Diamond Corporation's (“BDRC”) properties into 4,222,612 common shares of BDRC representing 30.1% of its issued and outstanding common shares at the present date.

AntOro now holds 7,038,612 shares or a 54.59% interest in BRDC. At the signing of its agreement with Moose Mining Group it had acquired 2,816,000 common shares of BRDC in exchange for the issuance of 1,350,000 shares of AntOro.

BDRC is the 20% partner in a Joint Venture with Kel-Ex Ventures Inc.. The JV was formed for diamond exploration in the Attawapiskat Region of Northern Ontario and currently controls over 10,000 square kilometers in the vicinity of De Beers’ large Victor kimberlite pipe. BDRC also owns five (5) other diamond exploration properties in Northern Ontario, in addition to strategic gravel and gypsum deposits.

Kel-Ex has optioned its portion of the JV to Metalex Ventures Ltd. (TSXV: “MTX.T”) and Arctic Star Diamond Corp. (TSXV: “ADD”). Kel-Ex and Metalex are companies directed by Charles Fipke. Mr. Fipke is the geologist who made large diamond discoveries in Canada’s Northwest Territories, namely the Ekati diamond mine.

BDRC, in partnership with Kel-Ex, and indirectly with Metalex and Artic Star, is searching for kimberlite deposits, similar to the Victor pipe, within the properties currently held.

Posted by Webmaster | Filed as Press Release

• AntOro Invests $500,000 in Big Red Diamond Corporation Exploration Properties - Dec 01, 2003
• AntOro Closes A Private Placement for $600,000 - Oct 14, 2003
• Grant of Incentive Stock Options - Sep 15, 2003
• Amendment to an Escrow Agreement - Jun 19, 2003
• AntOro Closes A Private Placement for $186,660 - Jun 11, 2003