Nordex Explosives Announces Optioning of Melba Gold Property to Telluriton Corp.

NORDEX EXPLOSIVES LTD. (TSX VENTURE:NXX) ("Nordex" or the "Corporation") is
pleased to announce that it has entered into a purchase and sale agreement (the
"Agreement") with Telluriton Corp. which provides that Nordex will grant an
option to acquire a 100% interest in its Melba gold properties (the "Melba
Property") to Telluriton.


The Melba Property is located approximately 20 km north of Kirkland Lake,
Ontario between the Destor Porcupine Fault System and the Kirkland Lake Larder
Lake Fault System. An exploration program carried out in the 1930's included
trenching, diamond drilling, shaft sinking and underground workings which opened
up four gold-bearing quartz calcite veins. 


The terms of the four year option of the Melba Properties are as follows: 



--  Telluriton upon signing of the Agreement, shall pay to Nordex $25,000 in
    cash

--  Telluriton agrees to pay all lease payments and maintain the property in
    good standing

--  Telluriton agrees to issue 1,000,000 million common shares once listed
    as a publicly traded company to Nordex

--  Telluriton agrees to recover and process the existing ore stock pile on
    the property on or before the first anniversary of the Closing Date and
    shall share equally any profit derived with Nordex

--  Telluriton shall complete $1,000,000 of assessment work on the Melba
    Property, which shall be competed in $250,000 increments prior to each
    of the four anniversary dates of the Closing Date.



After the completion of the Cash Payments, the Share Issuances and Work
Commitments, Telluriton will have earned a 100% interest in the Melba Property,
subject to a 2% net smelter return royalty ("NSR") to be granted to Nordex, with
a buyback privilege of Telluriton of 1% of the NSR from Nordex for $1,000,000.


Mr. Jim Taylor, Chief Executive Officer of Nordex stated: "This agreement with
Telluriton will provide for the exploration of the Melba properties and at the
same time will permit Nordex to focus on its core business of manufacturing and
distributing explosives to the mining, quarry and road construction industries."


The finalization is subject to the parties entering into the Definitive
Agreement, as well as the receipt of all required Board of Director, TSX Venture
Exchange and regulatory approvals.


The Melba Gold property which is comprised of 18 leased one unit claims in the
north western part of Melba Township is located approximately 20 kilometers
north of Kirkland Lake. There are two dominant regional geological structures
proximate to the claims including the "Porcupine-Destor" fault system which
passes about 9 miles north of the property and the "Kirkland Lake-Larder Lake"
fault system.


A number of successful current and past gold producers are associated with these
structures including; the Pamour Mine, the Dome Mine, Kirkland Lake Gold and the
Kerr-Addison Mine. The sedimentary rocks occurring on the property are thought
to represent another infolded structure which has been the loci for strong
faulting and into which porphyries with their associated gold bearing veins have
intruded. The property includes a previous mine shaft and a surface ore pile
from previous mining operations.


About Nordex Explosives

Nordex Explosives Ltd. is a Canadian based manufacturer and distributor of
explosives for the mining, quarry and construction industries since 1970. Its
manufacturing operations and distribution centre is strategically located in one
of the world's largest mining regions near Kirkland Lake, Ontario. Nordex is the
exclusive supplier of the "Buttbuster" perimeter control explosive products in
Canada. Additional information can be found at www.nordexexplosives.com


Neither the TSX Venture nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture) accepts responsibility for the
adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Capital Ideas IR
Dean Stuart
T: 403 517 2270
E: [e-mail]


Jim Taylor, President and CEO
T: 705 642 3265 extension 203
E: [e-mail]