08/24/1999- three new directors

[Franko10 ™]

SILVER PEAK RESOURCES LTD.

8930 Oak Street, Vancouver, B. C. V6P 4B7 Tel: [phone] Fax: [phone] Tel: [phone] Fax: [phone]




NEWS RELEASE



Symbol: SVV(VSE) Exemption 12g3 – 2(b)
SEC File # 82-1298

VANCOUVER – August 24, 1999 Silver Peak Resources Ltd.– The Company is pleased to announce the appointment of three new directors: K.D. Greenlaw of Vancouver B.C. , David E. Bodie of Endicott New York , and, Richard J. Watson, a former company director, and founder of the company. The appointments serve to fully replace the former board. It is anticipated company filings can and will be brought up to date in the near future.


On behalf of the Board of Directors of Silver Peak Resources Ltd.


“David E. Bodie”<br>
David E. Bodie
Director