Vancouver, B.C. January 15, 2003 - DRC Resources Corporation, now listed on the Toronto Stock Exchange (TSX-DRC), is pleased to report the following exploration results:

Diamond Drill Hole 2K02-73 intersected mineralization over a drill core length of 290m (950 ft), apparent true width of 110 m (360 ft). This intersecton indicates continuity of the mineral zone 90 m (295 ft) below DDH 2K02-61 which intersected 2.44% copper equivalent over 214 m (700 ft) - 100m (330 ft) apparent true width (Refer to Press Release dated September 30, 2002).

DDH 2K02-73 @ -72°/121° assayed 1.86% copper equivalent over a drill core length of 214 m (702 ft). A higher grade interval within the overall intersection assayed 2.52% copper equivalent over a 76 m (250 ft) drill core length.

ASSAY INTERSECTIONS FOR DDH 2K02-73

Core Length m (ft)	Depth m	Copper %	Gold g/t	Palladium g/t	Silver g/t	Copper Equiv. %
24 (79)	556-580	1.06	0.413		1.833	1.38
214 (702)	630-844	1.03	0.943	0.201	1.634	1.86
Including
76 (250)	632-708	1.54	1.17	0.18	2.73	2.52
Metal Prices in US$ for copper equivalent calculation: Cu $0.70/lb, Au $350/oz, Pd $300/oz, Ag $4.50/oz

To date the Copper-Gold Mineralization has been traced for an overall length of 1000 metres (3300 ft). 2002 drilling indicates the mineral zone is still open to the Northeast and the Southwest beyond the boundaries of the previously established 34.3 million tonnes (37.7 million tons) of 2.32% copper equivalent Indicated Mineral Resource. An updated mineral resource study will be prepared by the Company's independent engineers to include the 2002 diamond drill results.

The strengthening metal prices has increased the value of the precious metal content for the Afton indicated mineral resource. At current metal prices the Gold, Palladium and Silver now represent 40% of the gross metal value with Copper representing 60%.

The company and its field group implemented a Quality Assurance Program as part of a formal Exploration Practices Policy under the supervision of the company's principal technical consultant, James J. McDougall, P. Eng., a Qualified Person as defined by National Instrument 43-101. All mineralized diamond drill core was logged, photographed, split by diamond saw, and sampled in 2 metre (7ft) intervals. One split section of all mineralized core is retained in secured storage for future reference. Samples for assay were transported by (Eco-Tech employees) to Eco-Tech Laboratory Ltd. of Kamloops, B.C. for analysis for copper, gold, silver and palladium. Eco Tech Laboratory Ltd. of Kamloops are British Columbia Certified Assayers who participated in the National Canmet Proficiency Testing and maintain their own in-house Quality Assurance and Quality Control Program. They have been in the analytical testing business for 27 years, and are familiar with assaying the Afton samples. The Company's independent Qualified Person, James J. McDougall, P.Eng., has reviewed the drill core logs and assays contained in this press release.

For further information on DRC and the Afton Project, please visit our web site at www.drcresources.com or call us at 604-687-1629.

On behalf of the Board of Directors
"John H. Kruzick"
John H. Kruzick, President

DATE: January 15 , 2003
Shares Issued: 9,133,766 common shares
U.S. Rule 12g3-2(b) Exemption
CUSIP NO. 233296 10 2

CAUTIONARY NOTE: Statements in this press release are a preliminary assessment of potential economics under a certain set of parameters and assumptions. The indicated mineral resource is not a mineral reserve and does not demonstrate economic viability. Further studies will be required to determine economic viability. The company relies on litigation protection for "forward-looking" statements.