Campbell Resources Engages Dynatec Corporation To Assist In The Implementation Of An Action Plan For The Joe Mann Mine

Business Wire, August 16, 2000

Business Editors

TORONTO--(BUSINESS WIRE)--Aug. 16, 2000

In response to start-up difficulties experienced in implementing the new cut-and-fill mining method, Campbell Resources Inc. (TSE:CCH.)(NYSE:CCH) announces that it has engaged Dynatec Corporation of Toronto to provide technical services at its Joe Mann Mine through to the end of 2000.

Dynatec visited the mine and assisted management in preparing an action plan that should enable the mine to increase productivity levels and return to positive cash flow. Campbell has engaged Dynatec to assist with the implementation of this plan.

Dynatec Corporation is a mining services and technology company, with experience in operating high grade, narrow width, cut-and-fill mining operations. Dynatec is a publicly listed company trading on the Toronto Stock Exchange.

Campbell Resources is a growth-oriented gold mining company with operations in Quebec, Canada and Sonora, Mexico. The Company is currently exploring on its mine properties in Quebec and Mexico and is actively seeking additional acquisitions.

Forward-Looking Statements: Certain information contained in this release contains "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including those "Risk Factors" set forth in the Company's current Annual Report on Form 10-K for the year ended December 31, 1999. Such factors include, but are not limited to: differences between estimated and actual ore reserves; changes to exploration, development and mining plans due to prudent reaction of management to ongoing exploration results, engineering and financial concerns; and fluctuations in the gold price which affect the profitability and ore reserves of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments.