Mr. Jim Atkinson reports

Big Red Mining Corp. has closed its previously announced financing. Big Red raised $129,360 at 11 cents and issued 1,176,000 common shares. The shares issued will have a four-month hold. Big Red also announces that it has issued two million restricted share units to consultants of the company.

About Big Red Mining Corp.

Big Red holds an option to acquire a 100-per-cent interest two antimony projects in New Brunswick -- Bald Hill and Antimony 2.0. The Bald Hill project is the site of a high-grade antimony deposit with mineralization defined over a distance of 500 metres and additional intersections of antimony for a further one kilometre along strike. The Antimony 2.0 property, which is located approximately 25 kilometres west of Fredericton, N.B., is approximately 15 kilometres northeast of the historic Lake George antimony mine.

The Lake George antimony mine operated for various periods from the 1860s to 1998 and produced as much as 4 per cent of the world's demand of antimony from 1970 through 1992. The Antimony 2.0 property comprises over 35 square kilometres of relatively unexplored ground with excellent access through provincial and logging roads as well as hydro power.

Both these properties illustrate Big Red's commitment to expanding the company's exposure to antimony exploration. Big Red is focused on becoming a significant North American producer of antimony.

Big Red's management team possesses extensive experience in financing, exploration, development and mining. Big Red intends to conduct exploration campaigns on each of its optioned properties with a goal of finding one or more minable resources.