Drilling has targeted six
polymetallic deposits: 52 holes have been drilled at El Largo, 7 at
Naranjo, 6 at Reforma , 5 at G-9, 2 at Estrella de Oro and 1 at El Rey.
Massive sulphides were intersected in 52 holes and one hole was
abandoned.0 1.24 3.

For further details on Farallon Resources Ltd.0 1. 138 .14 133.50 250.37 0.95 9.53 0.67 3.36
------------------------------------------------------- -------------
5379 Reforma metallurgical hole
---------------------------------------------- ----------------------
5380 El Largo, no significant results
------------------------------- -------------------------------------
5381 El Largo, not sampled, did not intersect massive sulphides
--------------------------------------------------------------------
5382 El Largo 163.20 17.88 g/t over 4.02
metres at 125 metres below surface
Hole PDF04-036: 6. and AMEC. James McCrea, P.

frigerio dimensioning

Furthermore,
a number of priority drill targets remain to be drilled, giving the
project significant upside potential from any new discoveries .Eng.02 4.17 9 0.00 13.35
------------------------------------------------------------------ --
5376 El Largo 271.24 3.2 0.00 13.76
-------------------------------------------------- ------------------
5382 El Largo 268.
------------------------------------------------------ --------------
5385 El Largo 191.

Cumberland is advancing Meadowbank towards production after a
feasibility study(i) completed in February 2005 (see news release
NR05-02) indicated the project could support a production rate of
316,000 ounces per year at an estimated cash cost of US$224 per ounce
over an 8.
+Assuming final permits and licenses obtained in early 2006.18 866,000
Goose 2,247,000 5.50 g/t gold, which are not included in the current mine plan.

CUMBERLAND RESOURCES LTD.

frigerio dimensioning

13 3.15 37 0.42
----------------------------------- ----------------------------------
5392 El
Rey 198. The flowsheet envisaged involves production of a
bulk rougher flotation concentrate that will be subjected to
conventional low temperature/pressure oxidation in an autoclave to
extract zinc and copper into solution.05 757 0 .70 1.70 256.87 114 0.17
--------------------------------------------------------------------
5382 El Largo 227.2 0.13 3.00m at 72m
below surface
Incl: 6.Sc.

eaf dimensioning

138.22 0.04
--------------------------------------------------------------- ------
5382 El
Largo 268.99 195 0.31 201 0.

Dick Whittington said, "We are making persistent progress at Campo
Morado.00 3.30 2.00 518.70 257.77
-------------------------- ------------------------------------------
5377 El Largo 162.00 166.20 174.1 4.45 4.49 0.5 million for the 2005 exploration program on
the Company's 100% owned Meadowbank gold project located in Nunavut ,
Canada.

"Meadowbank is host to the largest pure-gold open pit reserves
established in Canada, providing the Company with a solid economic
basis to emerge as an intermediate level gold producer," said Kerry
Curtis, President and CEO. "Historically, exploration at Meadowbank
has consistently returned additional resources, achieving a
remarkable discovery cost of approximately US$12 per reserve ounce
gold.91m at 50m
below surface
North strike extensions: Hole G04-523: 18.28 g/t over 0. We caution that
forward-looking statements involve a number of risks and
uncertainties, and there can be no assurance that such statements
will prove to be accurate.75 per Cdn$1.
Mark Pearson, P.

inflow tolerancing

03 36. Favourable leach performance has been reported
under

relatively mild oxidative conditions. Campo
Morado continues to be an exciting exploration and development
opportunity for the Company and we remain on track to open a mine by
2009. ALS Chemex is the
analytical laboratory for the project; sample preparation is done in
Guadalajara , Mexico and analysis is done in Vancouver, BC.sedar.14 152 0.3 3.00 6.19 7 0.08
---------- ----------------------------------------------------------
4370 G9 517.1 2.50 3.50 1 .79 4.09 368,000
--------------------------------------------------------------
Total 21,896,000 3. At the Goose Island deposit, the Phase I drill
program will focus on expansion of high grade intersections yielded
in the 2004 drill program. Metallurgical and process test work was
completed by SGS Lakefield Research Ltd.

inflow cordonna

---------------------------------- -----------------------------------
Inter-
Drill From To val Inter-
Hole (met- (met- (met- val Au Ag Cu Pb Zn
Number Deposit res) res) res) (feet) g/t g/t % % %
--------------------------------- ------------------------------------
4367 El
Largo 113. The in-house qualified person for the drilling
program at Campo Morado is Daniel Kilby, P.72 25.59
---------------------- ----------------------------------------------
4370 G9 484.00 6.70 223.8 0.1 0.6 1.40 2.90 0.28 1.63 0.85 1.89 0.93 2,768,000
----------------------------------------- ---------------------

2005 Planned Exploration Program

The 2005 Meadowbank exploration program will consist of a two
phased drill program, subject to the availability of third-party
drillers , and grassroots exploration along the 25 kilometre
Meadowbank gold trend.83 metres
at 80 metres below surface
Hole G04-509: 12.11m

South of the Goose Island Deposit: The Goose Island South target
area is located approximately 300 metres south of the proposed Goose
Island open pit. Construction scheduling and
capital cost estimation has been prepared by Merit International
Consultants Inc ("Merit"). Composites were capped at
20 g/t.pdf

http://www2.

albertina frigerio

58 152.00 38.50 91 0.3 1.00 23.1 0.47 3.30 metres
at 382 metres below surface
Hole G97-171: 2. Samples were assayed at IPL Laboratories of
Vancouver, British Columbia, utilizing fire assay with AA finish and
fire assay with gravimetric finish on all assays yielding greater
than 1 g/t. (TSX:CLG) (AMEX:CLG)

dotec epcot

In addition to the success of the metallurgical program noted
above, Project Development work is ongoing in all key areas as
follows: resource estimation, deposit modelling, cut-off grades ,
throughput rates, mine design, backfill requirements, ventilation,
plant site location, tailings dam design, access, power requirements,
environmental data gathering, permitting and community involvement ., its Campo Morado
property and accompanying maps, please visit the Company's website at
www. For
more information on the Company and the risk factors inherent in its
business, investors should review the Company's Annual Information
Form at www.82 7.08
-------------------------------- ------------------------------------
5376 El Largo 260.02 206 0.04
------------------------- -------------------------------------------
5377 El Largo 88.20 90.0 0.03 36.14 84 0.90 0 .50 1.6 2.72 g/t over 10.37 g/t over 3.00 g/t over 1.

cordonna eaf

Farallon Updates Drilling Metallurgical + Project Development

, is
pleased to provide an update of recent activities regarding the
Company's Campo Morado polymetallic (zinc, gold, silver, copper, lead)
project in Guerrero State, Mexico.40 2. Due to the
necessity to conduct these studies prior to commencement of the
Pre-feasibility Study, as well as integrating the very successful 2004
El Largo discovery into the overall mine development plan, management
has changed the date of completion of the pre-feasibility study to the
first quarter of 2006.com

Campo Morado Assay Table

--------------- -----------------------------------------------------
Inter-
Drill From To val Inter-
Hole (met- (met- (met- val Au Ag Cu Pb Zn
Number Deposit res) res) res) (feet) g/t g/t % % %
-------------- ------------------------------------------------------
4366 Reforma metallurgical hole, not completed
--------------------------------------------------------------------
4367 El Largo 113.10 145 .70 2.00 3.20 0.59
--------------------------------------------------------------------
4374 G9 391.45 1.22 0.50 170.50 7.00 279.8 4.60 3.31 201 0.3 years
-------------------- --------------------------------------
Average Annual Production Rate
Years 1 to 4 376,000 ounces
Life of Mine 316,000 ounces
----------------------------------------------------------
Total Cash Cost per Oz.25m at 85m
below surface
South strike extensions: Hole G04-527: 87.

gundrilling cordonna

00 279.59 0.20 484 .80 515.89 0.76 6.92 5.42
--------------------------------------------------------------------
5383 El Largo, no significant results
------------------------------------------------------------- -------
5384 El Largo, no significant results, did not intersect massive
sulphides.0 3.0 8.94m at 50m
below surface
And: 1. The Company also holds a 22% carried to production
interest in the Meliadine West gold project in Nunavut . The shares of
Cumberland are traded on the Toronto Stock Exchange and the American
Stock Exchange under the symbol CLG.

(i) Meadowbank Feasibility Study (First Quarter 2005) - The
feasibility study incorporates improvements to the mine model as a
result of a re-design completed in 2004 by the Company and the study
manager, AMEC Americas Ltd. ("Golder"). Mr.

intrinsic waypoint

8 0.2 0. Approximately two tonnes of
bulk flotation concentrate will be treated in the SGS mini-pilot plant
in April/May 2005 to examine each of the hydrometallurgical unit
processes in an integrated and continuous circuit . All principal
elements of the proposed flowsheet will be examined during this
program, which will generate design criteria to be incorporated into a
Preliminary Feasibility Study.
Due to the nature of mineralization at each deposit, their relative
locations, and the ability to "modular mine" each deposit separately,
several mine development alternatives are available.

Engineering and metallurgical testing programs are being carried
out under the supervision of the Company's engineering consultant and
qualified person Ross Banner, P.3 0.00 375.40 1.55 0.70 5.7 1.31 0.27 1.00 9.00 230.50 11.

News Editors

VANCOUVER, British Columbia----March 15,
2005--CUMBERLAND RESOURCES LTD.8 million ounce reserve and
further improve the economics of the project by extending the
operational life of the mine. Previous wide spaced drilling completed in 1995 and 1997
intersected mineralization including:

Hole G97-172: 3.00.

(iii) PDF Deposit Resource Parameters (Fourth Quarter 2004) - PDF
resource estimates were prepared by Cumberland in accordance with
standards outlined in National Instrument 43-101 and CIM Standards on
Mineral Resources and Reserves (August 2000).com/database/fax/2000/clg1.

inflow sddc

50 91 0.6 1. Samples of bulk rougher flotation
concentrates have been produced and shipped to SGS, where bench-scale
pressure oxidation tests have been performed. Delineation drilling at last year's major discovery - the
significant expansion of the El Largo deposit - continues to increase
the size of this deposit and this is challenging our mine development
assumptions.H.3 0.28
-------------------------------------------------- ------------------
4371 Naranjo metallurgical hole
----------------------------------------- ---------------------------
4372 G9, no significant results, did not intersect massive
sulphides
--------------------------------------------------------------------
4373 Naranjo metallurgical hole
--------------------------------------------------------------------
4374 G9 375.03 0.70 4.1 0.78 184 0.15 7.20 7.50 1.57 54 0.00 203.40 238.13 2.
Years 1 to 4 US$199
Life of Mine US$224
----------------------------------------------------------
Estimated Start of Operations + mid-2008
----------------------------------------------------------
Assumptions include a long term gold price of US$400/oz
and an exchange rate of US$0. The Phase I program will also
focus on the PDF deposit, which remains open for expansion at depth. The 2005
drilling will follow up on significant results from drilling in 2004
including:

Downdip extensions: Hole G04-521: 8.78 g/t over 1. The deposit now hosts inferred gold
resources(iii) of 73,000 ounces of gold in 507,000 tonnes grading
4.79 g/t over 2. Therefore, actual results and future
events could differ materially from those anticipated in such
statements. Factors that could cause results or events to differ
materially from current expectations expressed or implied by the
forward-looking statements include, but are not limited to, factors
associated with fluctuations in the market price of precious metals,
mining industry risks and hazards, environmental risks and hazards,
uncertainty as to calculation of mineral reserves and resources,
requirement of additional financing, risks of delays in construction
and other risks more fully described in our AIF filed with the
Securities Commissions of the Provinces of British Columbia, Ontario,
Quebec and Nova Scotia in our 40F filed with the United States
Securities and Exchange Commission (the "SEC") and with the Toronto
Stock Exchange. Inverse distance to the
2nd power with a minimum of two and a maximum of 12 composites is
required to interpolate grade into a block.

turbomachinery preheating

69
-------------------------------------------- -------------------------
5376 El
Largo 271."

Farallon's drilling programs include rigorous quality assurance
and quality control ("QA/QC") procedures under the supervision of
qualified persons." All statements in this release, other
than statements of historical facts, that address future production,
reserve potential, exploration drilling, exploitation activities and
events or developments that the Company expects are forward-looking
statements.42 126.90 0.72 195 0.15 37 0.17 17 0.60 85 1.68 4.07 11.00 3.50 5.12 7.

The target covers approximately 850 metres of
prospective iron formation along strike from the Goose Island
deposit.
Supporting geotechnical engineering, hydrogeological and geochemical
studies were completed by Golder Associates Ltd.

(ii) Meadowbank Gold Reserves (First Quarter 2005) - The open pit
mining reserves have been prepared in accordance with NI 43-101.Geo.

cleanliness gundrilling

0 8.99 0.5 0.70 4.29 1.00 16.00 13.06
---- ----------------------------------------------------------------
5388 Reforma metallurgical hole
--------------------------------------------------------------------
5389 El Largo 200.46 58 0. The 2005 exploration program will focus on the considerable
opportunities that exist to expand the 2.43 g/t gold over 5.72 g/t over 11. and an exchange rate of US$0.

cleanliness feasability

Highlights are
tabulated below .54 1.13 3. Preliminary results have
indicated zinc and copper solution extraction values in excess of 95%
and 85%, respectively.54 1.45 2.77 3.00 5.97 3.89
--------------------------------- -----------------------------------
5376 El Largo 204.63
----------------------------------- ---------------------------------
5376 El Largo 240.70 17.74 201 0.00 4.
------------------ --------------------------------------------------
5387 El Largo 81.12 1.63 5.46
--------- -----------------------------------------------------------
5392 El Rey 182.00 205.00m

Expansion of the PDF Deposit: The PDF deposit, located 10
kilometres north of the Vault proposed open pit, was expanded by
drilling in late 2004. Curtis, B. QA/QC programs employ random insertion of four internal
standards, field duplicates and blank samples.

waypoint resman

Results from 20 new exploration holes are attached along with
Drill Location Plans and a Deposit Location Map.00 205. Preliminary testing has indicated that
hydrometallurgical techniques can be used to treat the mineralization
at Campo Morado, and a more detailed evaluation of these techniques is
currently underway.R.60 392.05 0.50 4.61 3.
--------------------------------------------------------------------
5391 El Largo 319.82
--------------------------------------------------------------------
5392 El Rey 198 .75 1. Process design was completed
by International Metallurgical and Environmental Inc. A 2.com /database/fax/2000/clg3.ccnmatthews.pdf

http://www2.

resman bfk

07 11.
There is no known ore at Campo Morado and there is no assurance that
the mineralization at Campo Morado will ever be classified as ore .88
--------------------------------------------------------------------
4368 G9 284.61 0.40 0.76
--------------------------------------------------------------------
5375 Reforma metallurgical hole, not completed
-------------------------------------------------------------- ------
5376 El Largo 196.70 2.6 0.29 3.00 55.42 5.69
--------------------------------- -----------------------------------
5376 El Largo
Incl.4 0.20 0.70 196.0 1.60 78 0 .46 60 0.

Meadowbank Gold Project Production Profile(i)
--------------------------------- -------------------------
Open Pit Mineral Reserves 2,768,000 ounces
(Proven and Probable)
----------------------------------------------------------
Mine Throughput 2.00m at 276m
below surface
Hole G95-073: 3.75 metre down-hole lengths.

cleanliness plasturgie

Progress continues to be made
in all areas of the project's development. Assays are pending for 12 exploration and 6 metallurgical
holes and will be released when received.3 1.14 152 0.32 6.42 5.15 7.00 7.00 23.Eng. Such funding may not be
available to the Company on acceptable terms or on any terms at all.32 6.47
---------------- ----------------------------------------------------
4369 Reforma metallurgical hole
------- -------------------------------------------------------------
4370 G9 132.50 2.66 108 0. 251.15 2.50 231.85
--------------------------------------------------------------------
5389 El Largo 207.41 0.14
--------------------------------------------------------------------
5389 El Largo 237.70 131 0.

Cumberland Announces 2005 Meadowbank Exploration Program

73 Mtpa
---- ------------------------------------------------------
Mine Life 8., President and CEO

Forward Looking Statements and Risks - This News Release contains
"forward-looking statements", including, but not limited to,
statements regarding our expectations as to the market price of gold,
strategic plans, future commercial production, production targets and
timetables, mine operating costs, capital expenditures, work
programs, exploration budgets and mineral reserve and resource
estimates. Assumptions include a long term gold price of
US$400 /oz. PDF deposit resources are
not included in the feasibility study of the Meadowbank project.

peo plasturgie

Seventy-three holes, including 56 exploration, 4 geotechnical and
13 metallurgical, have been drilled and assayed since site activities
recommenced at Campo Morado in August 2004.72 25.70 17.56 5.03 11.05
---------------------------------------------------------------------

Metallurgical testwork is underway at G + T Laboratories in
Kamloops, British Columbia and SGS Lakefield's (SGS ) testing facility
in Lakefield, Ontario.56 5.61 0.6 0.3 0.00 13.18 1.35 8.70 264.79 46 1 .40 2.5 1.00 0. The two phased program, including a planned 7,000 to 9,000
metre diamond drilling program, is expected to commence in April and
will focus on increasing gold reserves and resources at Meadowbank.27 1,534,000
Vault 8,469,000 3.37 g/t over 5. Forward -looking statements express, as at the date of this
report, our plans, estimates, forecasts, projections , expectations or
beliefs as to future events or results. Interpolation is based on
compositing at 0.ccnmatthews.

tannen bfk

10 145.45 2.88
---------------------------------------------------------------- -----
5376 El
Largo 240.50 276. Zinc and copper metal will then
be recovered by normal solvent extraction/electrowinning (SX/EW)
processes, and traditional cyanidation techniques will be applied to
recover the precious metals from the autoclave leach residue.com

ON BEHALF OF THE BOARD OF DIRECTORS

J.00 1.08 8.03 11.11 7.05
---------------------------------- ----------------------------------
5390 El Largo, no significant results, did not intersect massive
sulphides.00 7.05
--------------------------------------------------------------------

No regulatory authority has approved or disapproved the
information contained in this news release. ("AMEC").

surveillances plasturgie

00 38.37
-------------------------------------------------------------------- -
4367 El
Largo
Incl.00 55.02 206 0.75 1.

Flotation testwork on samples of El Largo, Reforma and Naranjo
drill core is being carried out. As a result,
numerous "trade-off" studies are underway to ensure that the optimal
development plan is selected for the Pre-feasibility Study.farallonresources.37
----------------------------------------------------- ---------------
4367 El Largo
Incl.61 57 1.88 1.73 0.03
----------------------- ---------------------------------------------
4370 G9 512.50 8.02 5.98
----------- ---------------------------------------------------------
5376 El Largo 219.56 5.77 47 0.40 232 .65 1. South of the Goose Island deposit,
drilling will test an 850 metre strike length of stratigraphy where
previous wide spaced drilling has intersected gold mineralization
similar to the Goose Island deposit.
The Phase II program will consist of up to 2,000 metres of drilling,
grassroots exploration on favourable structures north of the Vault
deposit, and follow-up exploration on numerous recently defined
prospects situated both near the proposed open pits and across the
property.

2005 Exploration Targets (See Attached Maps)

Expansion of the Goose Island Deposit: Significant potential
exists to expand the Goose Island deposit (368,000 ounces of gold
reserves) both along strike and in the down dip direction.77 g/t gold over 3.ccnmatthews.

feasability eaf

Assay results from several new
drill holes have been received and preliminary results of
metallurgical testing are now available.82 7. (Dick) Whittington, President and CEO

Forward Looking Information

This release includes certain statements that may be deemed
"forward-looking statements. The likelihood of future mining at Campo Morado is subject
to a large number of risks and will require achievement of a number of
technical, economic and legal objectives, including obtaining
necessary mining and construction permits, completion of
pre-feasibility and final feasibility studies, preparation of all
necessary engineering for pits and processing facilities as well as
receipt of significant additional financing to fund these objectives
as well as funding mine construction.00 285.00 13.28 2.57
-------- ------------------------------------------------------------
5378 El Largo 171.09 0.56
----- ---------------------------------------------------------------
5386 El Largo, no significant results , did not intersect massive
sulphides.88 101 0.00 319.3 4.60 g/t gold over 3.26m

Cumberland is a well financed mineral exploration and development
company. The Company completed a feasibility study on the Meadowbank
gold project (100% interest) in Nunavut and is advancing the project
to production.

Kerry M.

feasability turbomachinery

News Editors

VANCOUVER, British Columbia----Farallon Resources Ltd. Additionally, the
Pre-feasibility Study is offering numerous options for us to consider
as we develop the optimal overall mine development plan.00 1.1 0.25 46 0.2 0.70 198.62 6.47 3.90 5.78 88 0.64
--------------------------------------------------------------------
5389 El Largo 232.55 98 0.17 0.50 0.00 3.32 1."

The proven and probable reserve estimate for the three, shallow
open pits proposed at Meadowbank is as follows:

Meadowbank Gold Project Open Pit Mining Reserves
(Proven and Probable)(ii)
----------------------------------------------- ---------------
Open Pit Ore (t) Au Grade (g/t) Contained Ounces
--------------- -----------------------------------------------
Portage 11,180,000 4. Wide
spaced drilling in 2005 will focus on the expansion potential of the
deposit in the down dip direction and follow up on significant
results from the 2004 program, including:

Hole PDF04-035: 5., Geo.,
is the Qualified Person under NI 43-101. Acme Laboratories of
Vancouver , British Columbia, provides external reference assaying.com/database/fax/2000/clg2.pdf

Cumberland Resources Ltd.

intrinsic turbomachinery

06 16.66
--------------------------------------------------------------------
4370 G9 248.05 22 6.1 0.70 4.40 82.03 35 0.50 18.6 1.00 23. (TSX:CLG)(AMEX:CLG) is pleased to
announce a budget of $3.3 year mine life.00. The
Study has been prepared in accordance with the Standards of
Disclosure for Mineral Projects as defined by National Instrument
43-101 ("NI 43-101").Eng Principal Mining Engineer with AMEC Americas
Limited is the independent Qualified Person responsible for
preparation of stated reserves. PDF
resource estimates are based on 39 NQ diamond drill holes and a total
of 1900 samples.
Resource analysis is based on three-dimensional solid models
generated from geological and assay data.0 g/t cut-off grade is applied.

To view the maps accompanying this press release please click on
the following links:

http://www2.

gundrilling epcot

(TSX:FAN ) -

Persistent Progress Being Made on All Fronts

Dick Whittington, President and CEO of Farallon Resources Ltd.42 126.70 257. Metallurgical bulk sample drilling has been a key focus
so far this year and I am very pleased with the preliminary results of
the metallurgical testwork program , which support our choice of
processing methodology for the project.58 152.13 3.13 12 4.77 298 1.70 208.50 276.06 16.99 195 0.8 1.00 212.22
------------------------------------------------ --------------------
5389 El Largo 227.39 0.51 7.60 2.27 2.65 183.75 per Cdn$1.51m at 132m
below surface
Incl: 13.

intrinsic epcot

---

- - kjjkjk

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