Forest Gate Appoints Andre Audet to its Board

June 23, 2004 – Montreal, Qc – Michael Judson, President and CEO of Forest Gate Resources Inc. is pleased to announce that Andre Audet has been appointed to its board of directors.

Audet, 43, is Chairman and Chief Executive Officer of Majescor Resources Inc, a diamond exploration company with properties in Quebec, Nunavut, the United States and Madagascar. Audet is also President of Everton Resources Inc., a gold exploration company.

Audet holds a Bachelor of Commerce from the University of Ottawa. Prior to forming Majescor in 1999, he was a Vice-President at Nesbitt Burns where he specialized in private portfolio and mining investments.

“Andre Audet is a highly experienced Canadian diamond exploration financier and we are very pleased he has joined our team,” said Michael Judson.

In other news, the company announces the resignation of Andre Fortier from its board. “It was great having Andre Fortier around at the beginning. He had so much experience to offer. On behalf of our board, I wish to thank him for his excellent service and contribution to Forest Gate Resources.”

The company has granted Audet 300,000 share options exercisable at any time over the next five years at $0.15 per share. Forest Gate has also granted 300,000 share options to its Vice- President, Exploration, Pieter Du Plessis at the same price and terms.