Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Gold Reserve/Surging
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Crystallex sold its ONLY gold mine outside Venezuela, brilliant move

UME is now Orosur OMI on tsx venture

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin America. The Company operates the only producing gold mine in Uruguay (San Gregorio), and has assembled an exploration portfolio of high quality assets in Uruguay and Chile. The Company is quoted in Canada (TSX-Venture Exchange: OMI) and London (AIM: OMI).

TORONTO, Oct. 9 /PRNewswire-FirstCall/ -- Crystallex International
Corporation (KRY: TSX, Amex) announced today that it has agreed to sell to
Uruguay Mineral Exploration Inc. ('UME') all of the shares of all companies
holding Crystallex's ownership interests in the San Gregorio mining operations
in Uruguay.
"Since our acquisition of the Uruguay properties in 1998 they have been
the Company's primary gold producer and most consistent cash flow generator,"
said Todd Bruce, President and CEO of Crystallex. "However with our energy and
resources focused now on our properties in Venezuela, and in particular the
development of Las Cristinas, San Gregorio is no longer strategic to the
growth of Crystallex."
Under the terms of the agreement, UME will pay Crystallex US$2,000,000
payable in two equal installments. The first payment of US$1,000,000 will be
due 6 months after the closing date of the transaction and the second
US$1,000,000 payment will be due 12 months after the closing date. Closing of
the transaction is expected on or before October 22, 2003.
As well, UME will be required to fund Minera San Gregorio, the principal
operating company, to retire in full its forward contracts (hedge positions)
to Standard Bank, London Ltd ("Standard"), an obligation previously guaranteed
by Crystallex. Crystallex will receive a full and final release from Standard
in respect of all Uruguayan obligations.
UME will assume in full, all of the rights and obligations of the
purchased companies as of October 1, 2003, the effective date of closing.

About Crystallex
Crystallex International Corporation is a Canadian based gold producer
with significant operations and exploration properties in Venezuela.
Crystallex shares trade on the TSX and AMEX Exchanges. The Company's principal
asset is the Las Cristinas property in Bolivar State which is currently under
development. Other producing assets include the Tomi Mine and La Victoria.

For Further Information:
Investor Relations Contact: A. Richard Marshall, VP at (800) 738-1577
Visit us on the Internet: http://www.crystallex.com
Email us at: mail@crystallex.com

NOTE: This may include certain "forward-looking statements" within the
meaning of the United States Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical fact, included in this
presentation, including, without limitation, statements regarding potential
mineralization and reserves, exploration results, and future plans and
objectives of Crystallex, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's
expectations are disclosed under the heading "Risk Factors" and elsewhere in
documents, including but not limited to its annual information form ("AIF")
and its annual report on Form 20-F, filed from time to time with the Canadian
provincial securities regulators, the United States Securities and Exchange
Commission ("SEC"), and other regulatory authorities.
The Toronto Stock Exchange has not reviewed this release and does not
accept responsibility for the adequacy or accuracy of this news release.



SOURCE Crystallex International Corporation

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