James Bay Resources Engages Investor Relations Consultant

James Bay Resources Limited (TSX VENTURE:JBR) ("James Bay" or the "Company") is
pleased to announce that it has retained Chaldon Heights Investments
Inc.("CHII") as a consultant to provide financial relations services, media
relations services, public market development services and investor relations
services. CHII will create market awareness among the investment community
through its network of institutions, brokers, analysts and other financial
professionals. The Toronto-based company brings extensive knowledge of capital
markets, specializing in emerging and frontier markets companies. 


The Company will pay CHII a monthly fee of CDN$6,000 for the one-year term of
the consulting agreement, which may be extended upon mutual agreement of the
parties. 


CHII currently holds 5,000 shares indirectly in James Bay and owns no other
securities or any right or intent to acquire such an interest in James Bay.
CHII's appointment as an investor relations consultant of James Bay remains
subject to regulatory acceptance of applicable filings with the TSX Venture
Exchange. 


About James Bay Resources 

James Bay is a well-financed Canadian resource company with 28,040,350 shares
outstanding and trades on the TSX Venture Exchange under the symbol "JBR". The
Company is currently pursuing agreements to acquire oil and gas assets with the
objective of becoming a near-term producing company.