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Update

 December 21, 2004
News Release

 Dundarave Resources Inc. (TSX-V: DDX), formerly JABA Exploration Inc. wishes to announce that First Majestic Resource Corp. has terminated the joint venture agreement to explore and develop the Niko Estrella project in Chihuahua Mexico.

ON BEHALF OF THE BOARD
Paul Matysek, M.Sc., P. Geo.
President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
 
 

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