Guardian Exploration Inc. ("Guardian" or the "Corporation") (TSX VENTURE:GX) is
pleased to announce the appointment of Michael P. Costello as Chief Financial
Officer.


Mr. Costello has over 20 years of professional experience in a variety of senior
financial executive, professional and consultative roles gained within a diverse
range of publicly-traded and privately-held companies and professional service
firms in London, New York, Toronto and Calgary. He has valued corporations and
business interests in a variety of situations involving acquisitions and
divestitures, corporate restructuring and capital raising activities. Mr.
Costello completed a Bachelor of Commerce degree at the University of Calgary in
1984, obtained his Chartered Accountant designation with KPMG in 1987 and his
Chartered Business Valuators designation in 2002.


Graydon Kowal, President and CEO, commented that "We are pleased that this
highly experienced individual is joining our team to assist in accelerating the
anticipated growth of Guardian."


In conjunction with Mr. Costello's appointment, the Corporation has granted
350,000 stock options. The options, which are convertible into common shares of
the Corporation, have an exercise price of $0.295 per share and a five year term
to expiry.


Guardian is a Calgary-based corporation engaged in the acquisition, exploration
and development of resource properties. Common shares of the company trade on
the TSX Venture Exchange under the trading symbol "GX".


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