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2004

Gold Summit Corporation: Announcement

January 14, 2004

RENO, NEVADA, Jan 14, 2004 (CCNMatthews via COMTEX) --

Gold Summit Corporation (the 'Company') announces that 1,220,000 stock options exerciseable at $0.39 will be issued to certain officers, directors, consultants and employees of the Company, subject to regulatory approvals. The options will expire on January 14, 2009.

Shares Outstanding: 19,089,916

WARNING: The Company relies upon litigation protection for 'forward-looking'statements. The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. NOT for distribution in the USA.

Gold Summit Corporation Ms. Hillary Vonich (775) 284-7200

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Copyright (C) 2004, CCNMatthews. All rights reserved.